could announce that would benefit shareholders. shorts have to be feeling bulletproof. mygn is an ideal short. they are completely helpless. even with a billion in buybacks, helpless management.
that the negative opinions posted on the board have been the ones to listen to. seems like the ceo here does not ahve a clear vision of where to lead the company. going where the wind blows. you might call it a pivot, but i think it shows a lack of understanding of the business. this is getting grim.
good article, good catch. certainly this is a better endeavor than the previous businesses.
lol. you think he cares whether you live or die? this company is a vehicle for Nick's hobby investing, nothing more. in the few hours a week he devotes to this business he hardly has time to devote to shareholders. i hope upon hope that biglari takes the company away.
that would be laughed out of a 10th grade business class. of course, sales of the core products are below where they were years ago with little progress. of course, they had to turn to private label. what a marketing mess.
stayed at home in the barn. maybe next year we will see some initiatives in marketing the products. it will all come down to earnings as to whether the share price gets back up. nothing else to see here. kind of sad.
go look at the income statement for the first quarter. 3 million dollars poof.
the 2q will be more than that. you have a minimum 10 million a year burn and that will increase as marketing and distribution costs expand. so i think you will need to sell about 20 million shares a year at this point to yield enough cash. the company will survive. you have have to decide where and when you want to invest. it is ok to lose a lot of money building a company if the shareholders play along. you can always flush out the shareholders and start over with a bigger company. insiders survive, shareholders often dont. this is going to be a big building year for mnga. very exciting new relationships. but it will be very expensive to build. i dont think the stock will fall below the 25-40 cent level this year however.
every stock is a trading stock. cers is certainly being a trading stock. look at the weak reaction today to this news. the only reason for the weakness is the time involved. poeple dont want to wait in uncertain times for a biotech to get to profitability.
certainly a bad scene for the shorts on monday morning. however, i dont think that it will be all that bad for them. cers is not a fast mover and does not have strong street support. i hope that this takes out $8 tomorrow. certainly deserves it. it is tremendous news. removes the financial concerns of the trials and more. plus it is a big government statement that the technology is blessed. FDA has to pay attention.
i sold the stock. i dont own the stock. i made a profit on the trade, but comment because of the incredible performance of management while panasonic cant make UC's fast enough.
i did comment wisely. you have a company whose management essentially decimated the stock through questionable accounting. when more capable hands bought in in size, current management, wanting to save their jobs, killed the takeover attempt, and here we sit just off ten year lows. now you have a massive overhang of dead shares willing to sell on any rally. hence the persistent weakness fo the shares which will continue for a long time.
the remarkable thing that cmg did not understand was that they needed to do something different than the usual. they needed to set a new bar for safety. they utterly and completely blew it. the fact that pure was sitting there as a product and not used a a surface disinfectant immediately was hubristic. they now need to set a clear new standard down their entire sourcing chain. and they need to convince the public that they are effective .
otherwise you have a stock in cmg that is heading for $100.
god you are dumb. what does that have to do with anything. the chart is corrected for the paper split. you are insulting people and you dont understand how a split works. this board is in collapse.
management is not smart enough to make it into a large company. i think in this case, the sun is setting on maxwell. R&D is slow and small. Bigger and cheaper competitors are taking markets away. Passive sales strategies relying on money losing chinese sales have caused IP loss and made the company dependent on debilitating contracts. clearly now, the electric car business does not need maxwell. truckers dont need maxwell. buses do but only of a particular type in china and that tech will be given to chinese companies increasingly. hence the $5 share price. probably going much lower this year. tax loss selling in 90 days.
no one went out and supported and marketed it to truckers to dive demand. much easier to sit on the porch and hope someone else did it. oh hey, the chinese are on line #6. they want an order of our latest UCs delivered to Wing Bo Wang Ultracapacitor Factory #17. Hot damn! another order!
of jones and reed is $5 million apart. slightly due to jones imprving marginally btut mostly due to collapse of reed. crhris needs to go sit on expert panel and tell an audience how to ruin your reputation and destroy your company, shareholders and brands. all while bragging how much bettre you are then your competition.