Unless you truly understand the business and company and have faith in them, I would sell my position (if in your shoes). If you hold, you are just taking a pure gamble. Ask yourself, what you would do if it drops another $2, $3, $4... Would you continue to hold or bail at maybe the true bottom or worse there is no recovery. The way I would play clf is as a long term investment with capital that I'm willing to lose, but only if my potential gain is several times my potential loss.
The Markets are not rational. Look at Netflix, it went from $300 down to the $50's and a year and a half later it is at $450. There is absolutely nothing rational about that move, so you have to ask yourself if you think someone will pay more for MP in 1, 2, 3... years from now. I don't see any signs that their growth will slow and they SHOULD start to be profitable soon. 150 million in sales and profitable this year, 200 million and profitable next year, 250 million and profitable the year after that. Will someone pay more then 60 million for that company in three years? I think so and probably much, much more. I have a purely long term perspective on MP and if you also have a long term perspective, MP is a good bet.
Their products are available online through Walgreens, I'm not sure if the deal with Walgreens was to have product on the shelf. I will have to look into it.
A test of 4 seems unlikely, but I would not put anything past the market. A $4 pps puts the market cap at only 36 million, which is insanely low when Cytosport (Muscle Milk) has 300 million in sales and is up for sale in the 500 million range. Cytosport is not worth 15x Muscle Pharm on any planet and even at current $6.60 pps and a 60 million market cap, it puts Cytosport at 8x the valuation of Muscle Pharm. I would gladly buy 8 Muscle Pharms vs. 1 Cytosport.
Relax brother, You are part owner of a fast growing company that has many great YEARS ahead of it. In my opinion the sellers are short sighted and will be kicking themselves in the coming years when the share price is much higher. I would like the stock to be higher, but I understand it could fall further. . I would say you would be wise to stay long and be on the side of Billionaire investor and entrepreneur Dr. Frost and Wynnefield Capital who upped its stake to 1,000,000 shares last quarter. When it is announced that we will be up listed to the NASDAQ, the stock will jump too quickly for you to buy at anything close to these levels.
I agree, it is a big deal and there are great things to come in the future. I'm excited to get in on the growth of MP when it is in its early growth stage. It is going to be beautiful when MP breaks out to the upside and doesn't look back. I don't know when it happens, but I'm confident that it will happen.
Stock volume has nothing to do with upper management and just because it is being distributed to large retailers does not make it news more then the original announcement.
I hope your right. Between The Arnold series, FitMiss, and MP products they are building a nice portfolio. Once the BioZone acquisition becomes integrated and they can start to manufacture their own products MP will be at the next level of supplement companies. When they do all of this in a profitable way, it will be off to the races.
MSLP is not a shrinking company. They are growing sales and hopefully profit this year and their prospects look strong. MSLP pps is not going to 5, 4, 3, 2, 1, .01 for people to say that are they saying MSLP is only worth a 45, 35, 25, 15, 5 million market cap. That is crazy thinking and not logical. If you want to sell, there will be a much better time to do so. Don't let the market #$%$ you out of your shares.
The market is in the process of shaking out the weak hands. It can be rather painful but it is necessary for us to move higher. I'll stay on the side of Dr. Frost I would not be surprised to see him pick up some shares in the open market if they go much lower.
I would also add to my position. This is a long term hold for me and a $5 share price puts the market cap at under 50 million.
There is a ton of noise on this message board and it is just noise. I will invest along side the investment company who increased its holdings to 1,000,000 shares last quarter. Stay focused and don't listen to the people who say MSLP is going to pennies, there are too many smart and successful people involved with MSLP that will not let that happen.
The Perma Pipe business is worth 100 million on its own and is the true driver of MFRI. I would not be opposed to spinning off or selling the filter business to focus specifically on the pipe business. Any input welcome...
Cytosport (Muscle Milk) is on the auction block and is expected to fetch 500 million. It looks like their sales are 300 million so if muscle pharm can do the 150 million in sales it expects this year, at the current price it seems to be a good value.
I'll trade along with the institution who increased its holdings to 1,000,000 shares last quarter. You can try to short it to $5 and I will buy your shorted shares and then sell them back to you at $30.
I believe he can sell half the shares by now, but once the NASDAQ listing happens many more institutions will be able to buy their stock. It doesn't take many institutions to want 1 million shares each for things to move up in a big way.
I decided to do a little research on MSLP and institutional ownership and I found some encouraging info. Wynnefield Capital MSLP's largest institutional holder increased its holdings in MSLP by 254,188 shares now giving them an even 1 million shares. Look at the Wynnefield Capital 13F holdings for yourself for the quarter ending 12/31/14.