well, there you go. the issue they have is sales not gaining traction while they are taking on a huge overhead for sales. and now they are thinking what else can we sell to generate numbers. they came up with drones, which are a deadly competitive field with hourly advances in technology, federal and state regulation, massive, massive liability and huge technical support requirements. on the private market, the company is worth a few million dollars, maybe. i do not know what the IP is worth. this is going to be a long row to hoe.
ROX. goslings. 65% growth. now bigger than reed? we will have to look at the numbers. you can hear the horse hooves. on the shelf in whole foods. in the 10Q of ROX. 160,000 cases is not insignificant sales for a ginger ale in a quarter. i am not sure if this makes them the leading, independent ginger ale company now.
you figure it out. what does a large food provider building a multi-brand, natural foods division by purchasing small, focused companies in that space, have to do with the stock price of a small, public natural food provider? it is a mystery.
no, i think it will retest the low and may need news of some substance to save it from new lows. as long as they regard themselves as at the mercy of the markets, there is not much hope of success. they seem to be confirming to the markets that their technology is not really needed.
it is due to campbells buying garden fresh. garden fresh has expanded very fast. 100mm in sales sold for 235mm. 500 employees. you could compare a valuation for reed. probably close to fairly valued around $6 - $7 now by comparison. but more work would need to be done. i dont think reed would consider selling at this point in the company's growth.
without the buying program the stock would probably be in the 30 - 50 cent range, pending the failure of the business. it is becoming clear that this launch is not gaining traction. the question is do they throw money at it, or aggressively shut it down? not a single PR since launch. in the first Q it meant that no one essentially signed up. the continued silence means to me a similar failure. it appears they want it to quietly go away.
i meant hopefully it doesnt fall through. i would like to see the company do well for many reasons. however, management here just is in over their heads.
steve. the stock is at 34 cents. after years of turn around. she is doing the same things over and over and getting flat to declining sales. i think it is pretty safe to say at this point she is not very good at selling soda pop. she was the cfo. she almost cut expenses to break even like a cfo eventually would. the celsius guys know to sell product. cue could not sell an ice cube to an eskimo, um, or something like that.
CARBONATED WATER, INVERTED CANE SUGAR, NATURAL AND ARTIFICIAL FLAVORS, MODIFIED FOOD STARCH, SODIUM BENZOATE AND POTASSIUM SORBATE (AS PRESERVATIVES), ESTER GUM, CALCIUM DISODIUM Caffeine Free
mmm a real winner. you must be a millennial. Ethylenediaminetetraacetic acid mmmm.
Glycerol ester of wood rosin, also known as glyceryl abietate or ester gum, is an oil-soluble food additive (E number E445). The food-grade material is used in foods, beverages, and cosmetics to keep oils in suspension in water. It is also used as an ingredient in the production of chewing-gum and ice cream. Similar, less pure materials (glycerol ester of gum rosin) are used as a component of certain low-cost adhesives
Glycerol esters of rosin's main function in food and beverage applications is to keep oils suspended and/or evenly mixed in water.
To make the glycerol ester of wood rosin, refined wood rosin is reacted with glycerin to produce the glycerol ester.
wikipedia. but i trust that jen cue would feed the refined wood rosin to her prized pet samoyeds. it helps them mountain climb better. thank you to everyone who voted for it.
mygn has nothing further to say. the stock will probably be down a little as it retests the low channel. hopefully, it does fall through. then it becomes a phenomenal short to $25.
and maybe if there was a dedicated ceo the stock would not be trading below 1994 prices. or are you suggesting that is acceptable?
hokie, thank you for the repsonse. i think you can clearly see reaction to this earnings is not kind. nor should it be. i could not suggest to anyone that this is a company they should invest in. why the smokescreens throughout the announcement on 4q results? out side investing activities? biglari nonsense which has seen the stock collapse 40%? sorry, to me it looks sleazy. to you it looks slanderous.
the stock is only down a little from 1994.
wow. i mean wow. how much do you have suck at what you do for that to be your 21 year performance?
plus it is pretty effin funny that the activist investor wanted a poison pill so he didnt have to answer to another investor. it is called cynical irony.
the ceo? really? is the ceo a full-time job? where does the ceo live and work? in the office of airt? or does the company not need a full time ceo in your opinion? the exec vp makes $340k according to yahoo? and how hard is it for a ceo to be issued options and make money outside of a salary? i have not seen a lot of benefit to the shareholder in the history of airtrans nor talk of sharehold value or of using such investment to grow the company. have you?