This sell-off is global and unlike other recessions the FED has no ammunition to fight it now, unlike other recessions. Keep an eye on the PMI in the coming months.. I got S&P 500 at 1250 in 2016.. maybe 1000, 850 is even possible..
I've been a shareholder for a few years. Bought the stock after I got addicted to the REED extra strong ginger brew. The extra ginger beer basically walks out of the store where I live, they are always restocking it. I knew this quarter was going to blow as I have not seen the extra strong ginger beer in stock for months.
REED offers a great product, but has a horrible management team. Give this product to any decent management team and they would probably turn a 0.50/share profit with a huge solid long term growth rate. I still hold.. I hope the management team either resigns or the company gets bought out. The quality of the product is the only thing that keeps me holding..