rb, I don't want to rain on your parade, but if you put
it in perspective. Grieve's tenure as CEO began in
2000 when the share price was $20+. He leaves the
position 14 years later with sp at $11.
In contrast, Abaxis has returned 700% gain in the
same time frame.
Before you erect a bronze statue to Robert Grieve,
get your facts straight.
You admitted to being a trader of HSKA.
If you are happy with your gains. Pat yourself on the back.
But don't insult the buy and hold long term bagholders
who have lost a lot of money believing in Heska.
Agree, The Yahoo message boards have been
reduced to scammers, spammers, and schills.
It is hard to find a legitimate venue for discussion
on Yahoo anymore. Until they limit the creation of
unlimited fake Id's, the forum will continue downhill.
POC veterinary sales has been the bulk of ABAX
business, and it should continue to grow.
Approval of Picollo Express in Canada shows
progress in point of care human diagnostics.
Urgent care centers are a huge market
for Picollo. No longer do health practioners need
wait on blood test results that take days.
Abaxis has many growth catalysts.
You have no interest in this company
but feel it your duty to do public service
announcements? I think you've worn out
the chrisnoore fake id. after a few days.
Time to create a new identity.
Hi quis, To be fair. I haven't followed CRVP
closely since I sold my shares in 2012.
What I can say about this low volume stock?
(Steuce and I joked about it after the spike in
2011). You buy this under a buck and every other
year some schill hypes it. You use the pump and
dump to sell into the volume. I can recall in 09-10
when fewer than 5000 shares traded daily?
In 2011 penny stock trolls hyped CRVP saying
it was going to be the next JAVA,or Green Mountain.
Dozens of speculators descended on this board over
the course of 30-60 days. The stock ran up 50% over
3 days, and then crashed.
It appears Jim Cramer's "the street" pumped CRVP
this last time? The problem with front running scam
artists is they are short term day traders who leave
the johnny come latelys' stuck in the mud.
Disappointing earnings might have something to do
with the recent swoon? But the Bakers don't care.
CRVP is like an annuity to them. They have self funded
the company at exorbitant interest rates and have no
intent to pay off the company debt, or refinance it to
benefit shareholders. After 100 yrs of the family water
business. I don't see the Baker family selling out and
trading the annuity for a capital gain.
Bottomline. CRVP is not a growth stock, and its not
a value stock. Its an illiquid value trap IMO.
However, If you've got the patience of Job? It is possible
every other year to accumulate on dips and sell into
the next hype.
Why do you have to create a new id to post
a personal attack? What credibility do you expect
hiding behind phony alias'?
Longtime has a right to do his own dd, and invest
the way he sees fit. What business is it of yours?
Heska certainly has challenges.
Inspite of terrific finish to the final quarter
of 2014, the company is still isn't giving
My biggest complaint over the years
has been the stodgy CEO who stubbornly
refused to communicate with shareholders,
and ran the business like a private company,
with a public ticker.
He's stepped aside, and we now have a
new face on Heska.
I for one, am excited. Kevin Wilson deserves
a chance to make his own mark.
He has already made good progress in
increasing sales. Now he needs to change the
culture, and restore confidence of employees,
vendors, customers, and stakeholders.
Greendog, What do you consider the long run?
If you owned this company in 2003-04 you've made
over 1000%. Look at the long term chart. This is a
growth company that will continue to reward.
Ten years ago Heska had a bigger share of veterinary
revenue than Abaxis. HSKA is now fighting to protect its
$50MM market cap, while ABAX has become a near
$1Billion mkt cap company.
Abaxis is poised to be a big beneficiary of health reform.
The company has been a one trick pony with the
majority of revenues coming from their veterinary side.
That is set to change. When it does Abaxis will reward.
Blackcrkfarm, Sorry you take offense?
If you follow recent threads? Quishayk commented
where is mccauley? I was trying to be tongue in cheek
which doesn't always translate.
To answer your question. I became familiar with Vermont
Hldgs in 2009, and invested feeling the company was
undervalued. I eventually moved on because I do not believe
the Bakers have shareholder's interest at heart.
For several years. I felt like the only bullish voice in the forest
posting on this board. The bonus for me was meeting steuce
and catnip on this forum. We live in different parts of the country
and converse frequently.
If it were not for CRVP. I would never met these fine gentlemen.
I do not short stocks, or use an alias.
And I did not come back to rain on your parade. But to explain why
I became disenchanted with CRVP in reply to quishayk.
I wish you, and all of the other shareholders the best of success.
I served my time on the Baker Bros. train, and occasionally
stop in to see if the faithful are still marking time?
After a few years thinking this company would be a cure for
my insomnia, I gave up. It must have been something in the
water that had a hold on me?
Life is too short for drinking cheap whiskey, and wasting time
This is a private company, with a public ticker.
The market has multiplied gains in the last five years, and
Crystal Rock has only fattened the pocketbooks of the Baker
family. Lost time, is as painful as lost money.
IMO the longer in the tooth this recovery is. The more
dangerous low float micro caps like "the rock" becomes.
Having been critical of Heska mgmt over
the years. I have to say it was refreshing to
listen to the enthusiasm of Kevin Wilson.
I like the way he fielded questions in today's
conference call. I am also encouraged by
the fact that this guy comes from a true sales
and marketing background. Heska should see
better times ahead with CEO Wilson at the helm.
Nothing like Grieve to give a one day notice
so analysts have to pay a premium for
attending the conference call.
The last few earnings reports have been
end of day so the beleaguered CEO can
beat feet to happy hour to soak his sorrows.
Thursdays report is at the open for a change.
That could be a good sign?
Cbernat, I share your sentiments. We will get an
indication of growth in the next earnings report.
In the past MNDO has been a sell in March and
tune back in before the the holidays. Traders who
play the cycles do not care about fundamentals.
I think 2014 will be different. Meanwhile with
speculators gone, gone, we are fortunate to have
a guy like per, who follows this company closely. GLTA.
Ricky, The fact we have been speculating about
earnings for 30 days, shows same old, same old,
modus operandi for Heska.
Wilson may or may not make a difference in sales
but he has only come on board a year ago.
"Hope" is not an investment strategy.
IMO the 4th quarter will beat 2013 on a comp basis.
I believe Heska held off on earnings because 2014's
1st quarter (which has traditionally been Heska's best
is challenged by the weather.)
Even if Heska exceeds $18.6MM by a bunch. They need
to beat $20MM+ in the first quarter which ends in a couple days.
As I said before. Grieve cannot get away with avoiding guidance.
He did that last year with the excuse of re-structuring.
HSKA sp will get punished if he weasels out on 2014.
Doc, You are right, and there is precedence for the action.
Synbiotics SYNB went dark in 2006 and went to pennies
a share before being acquired by Pfizer in Dec 2011 for
several times the pink sheet sp.
I do not think it likely Grieve wants to delist because of his
ego. Unlike SYNB .Heska has no immnodiagnostic pipeline.
The company no longer does R&D.
The biggest question you and I have asked. Is he a buffoon, or is he
a #$%$? Just the fact that he has acted in a weasel like fashion
over his career, begs the question? I give him the benefit of doubt
and believe he's a buffoon. But the jury is out? Either way. Hes got to go!
Bottomline.....Can this guy figure out any more ways to screw the pooch?