it would appear he does not have so much faith in AIRT's business. it is like a mutual fund here. less than $1 to the 52 week lows and he invests in interactive marketing and ads. clearly he does not see a way to spend the money on the main business so he tied it up in another utterly unrelated business with little liquidity but paying top dollar. a PE of 38! tempting....
of course not. why would they be? they can go for several more years, unless they get dropped by a major retailer. then the economy of scale is fully gone. personally, i think walmart will drop the line. they simply can not be selling much soda, because no one is selling much of this product.
i have problem with them doing flavors like this, provided it is done at a profit and with some degree of pride. unfortunately the soda itself is a hot mess and completely contrary to trend. a parent might allow a child to buy one as a treat. not a way to build a business. and as i have been saying, they make soda for children. here finally, jennifer clueless shows that is exactly what they are doing. building a brand targeted at kids with chemicals for ingredients. back to school with chemical colored fizzy water. and they think this is "cool"
that is obviously not the conclusion of the market. and you only know what you have been told by biased sources. if it was so obviously better, it would have been adopted. something clearly!!!! is holding back adoption. it is not clear what that is.
the fantasy of the short squeeze. steady upward move? on what chart is there a steady upward move?
the shorts are not scared at all here. they have had a million chances to cover. and each of the last earnings saw the stocks fall significantly. if the market falls 1000 points, mygn will fall faster than the market. no question at all. the stock is range-bound with the short term trend being lower and the intermediate term being up. it is far from its all time highs, now 13 years ago. without the share buy backs, the stock would be in the low 30s i would guess. so the organic business has been ok, not great. the guidance was not great either. as a long term buy, i think mygn will do well. over the next 3 months? i dont expect much. the medicare/prolaris issue being resolved would provide some clarity.
the delay may stem from the same confusion the website presents. why is prolaris important? no one has answered this yet on this board. the lack of clarity is concerning.
at some point someone with a pedigree is going to tell them convincingly that their products - artificially flavored, colored and preserved soda in kids flavors, is a giant market loser. the clown - or clowns - who decided to market a natural soda, but forgot to publish the ingredients might get fired too. it would be nice to see management hired that is content to manage the company as opposed to going hiking with their dog and gawking at fiats.
why would anyone hold after the earnings report? it was poor. it gave no guidance as to the direction of the company or its business. it looks like a company that exists to pay the executives salaries. i have posted multiple times how there is no apparent change and no apparent direction. the operations actually posted a loss for the quarter. so i see no reason why the stock should not return to $6-$7 a share, where it historically goes when their sales weaken.
i have been looking at this for a long time, but i have not purchased. i do not think they are viable. they are not winning over an increasing number of doctors and surgeons do not like switching or experimenting much. they seem to me to be on the road to losing another 20 million over the next couple years. if i were a salesperson, i do not think i would be with the company long. so hard to sell it seems in a very busy market. the good salespeople are going to go where the money is. with tax loss selling and dilution coming, i see 20 cents this year. if i was putting in equity i would absolutely want shares i could sell at 25 cents at the least.
and by the way. INGREDIENTS: CARBONATED WATER, INVERTED CANE SUGAR, CITRIC ACID, NATURAL AND ARTIFICIAL FLAVORS, SODIUM BENZOATE (AS PRESERVATIVE), MODIFIED FOOD STARCH, POTASSIUM SORBATE
that is fact. not bashing. the stock chart for the last 8 years is fact. not bashing. not 8 months. 8 years of failure. at some point they either close the doors, sell it someone else, or hire someone with a clue.
ok. it was statistically significant. you make my point. where on the website or elsewhere in PR or otherwise is it explained what the benefit is over current protocols. just because it is SS doesnt mean anything. other tests could be more significant. cheaper tests. who knows. when i say mygn has a marketing problem, this is what i mean among other things. so is it a critical advance or not? we do not see medicare rushing to approve reimbursement do we? the website for prolaris goes wildly out of the way to avoid all but the most bland statements.
dude. that is entirely inappropriate and may be actionable by Reed. if you call a company a scam, you better be prepared with some evidence or you risk liability yourself.
i think you are being harsh. i am not sure that the company has a full time staff however. it may be just a couple of people full time to keep the lights on and answer phones. i do not perceive that there is a lab or much R&D going on. i do think it is clear that this year is not turning out to be the year they wanted. however, next year the pieces seem in place.
with the investment in mnst by coke, the sector is spotlighted like it has not been in years. the fact that jsda is down on almost no volume with not the slightest bit of market interest in an exploding sector, is a sad condemnation of the brand at this stage. after two years of efforts in the greatest bull market in US history they have managed to drop sales consistently while still losing money, selling more shares, taking on debt and losing distribution and margin. however, most critically, the brand was not re-invented for 2014. it is now a nostalgia brand with failed products, poor product reviews and comical conference calls devoid of any actual data like same store sales. coke is buying into monster for the energy drink market. jones completely failed at introducing an energy drink for the exact same reasons it is floundering now. this suicidal, tautological belief that if they produce something, its cool and people love it. newsflash before filing bankruptcy: they don't. what is so so astonishing is the refusal to do anything about it, other than hire people who think jones is still cool and who worked there back in the day when the street thought it had potential. then the street saw reality.
maybe an entrepreneur with a clue can come in and act like jones is a start-up in 2014. fiat? seattle seahawks? same thing. i assume these deals were done because of executive perks. i bet at 5:01pm the offices are dark.
i bet on weekends, the mountain bikes are all deployed and the offices are dark. as they lose millions and coke snickers at a dying company.
that is not why stock is up today. it is up on takeover speculation in the sector because coke is buying a piece of monster. monster is a great, great company that has essentially gone from a 200 million dollar cap to 11 billion in the time that reed has essentially been flat. they are brilliant marketers. my complaint with reed is not with product, which is excellent, but with almost every other aspect which makes the company amateurish. i believe that reed has potential to be a billion dollar company, but at this rate it will take 30 years. mnst did it in a few years with wonderful execution.
i meant the approval by medicare is built in. i would expect growth over a period of years from prolaris to be substantial. i perceive it to be important, however, i have not seen a clear discussion on its benefits over current protocols. in fact, check the website for prolaris. it is decidedly unclear what the benefits are over current testing or not testing. i find that odd. i am sure others do as well. and hence maybe why they mention little about the test in their calls.
it will double. certainly. however, it may take 3 or 4 years. listen to the call. you get a lot of: after 25 years, we realized.... You look at other companies and they understand what to do to be successful now in very few years. Chris has to make every mistake for himself. every wheel has to be re-invented. So it causes all sorts of problems. marketing mistakes, production mistakes, capacity mistakes, on and on. one would think they would learn a lesson and hire professionals. they apparently have not. hence the last national ad mess and the utter confusion surrounding it. i am hoping a proper marketing agency gets a contract from reed and they are able to make the company professional in appearance, instead of looking like its run out of garage. the national ad was just embarrassing. like it was made by crazy louie's cadillac on route 12. come on down people for crazy arbor day prices.
if overseas initiatives are successful, the stock will see good growth over time. they must do a better job of educating people. globally.
would you kindly stop doing that? it is becoming ridiculous. prolaris approval is fully built in to the price now. there is no white knight coming. the ceo is selling stock. the company has a number of initiatives under way. none are going to surprise significantly. market perform is a good call for the next six months. and if they beat by 2 cents again next quarter, the stock will drop further. grub hub is worth more than mygn now. how about that free market for you.
at this point the product is vaporware essentially. however, i do think eventually this management team will start producing results. could it see 75 cents this year? sure. will it see $2 in the next year? i believe so. it does seem like its being run as a bit of hobby business. maybe the guys have such big resumes that they only devote part time to working on this business. seems that way, i agree.