I have been steadily building my position. Some of the details, like dilution and possibility of a reverse split, frustrate me, but the underlying fundamental story of the product and its market potential seem very legit, very real, and continues to progress nicely. If the Git-R-Done Energy Shot gains even a small percentage of market share in this multi-billion dollar market, all will work out well for shareholders, very well.; and in my opinion this product, from its natural ingredients, with no caffeine and no sugar, to its name and marketing and promotion association with Larry The Cable Guy, and more, it all makes this product one of those few that come along that has literally huge potential. Even more so adding in the potential of the Hangover Shot, which has tantalizing potential looming in both Japan and Canada as well. Time, and continued progression of sales and revenues, and all will work out very well in deed.
Good look all with your decisions. I am in. In for a penny, in for a pound.
Favorable advances on the fundamental business growth story continue to come out. 2015 continues to shape up as very promising. If dilutive financing is ever confirmed as over, if these advances continue, this will take off. A week, a month, six, longer, who knows, but I'm in for the long haul now. GLTA
"...With continued improvement in this arena, this gives the company more tools to solve its remaining challenges...."
The words "more tools" could mean many things, among them, more flexibility in terms of how to pay for continued expansion of production and marketing and such, from using sales revenue to non-dilutive financing (ie. loans rather than convertible debt).
Time will tell all, but this all sounds very positive, and perfectly consistent with the beginning of a major new market player in the energy shot world. Remember, this is a 21B market, and even a tiny market share capture will mean big things for little HJOE. With the healthy, all-natural, no sugar, no caffeine product, a first in the industry, certainly compared to the big boy on the block, five hour energy, the great taste, the name recognition and popularity of Larry The Cable Guy, and the exceptional complimentary nature of the phrase "Git-R-Done" and the very purpose of energy shots to begin with, not only do I believe this has real market share potential, but based on this news update, the stage appears to be being set for tremendous and likely accelerated growth. We ain't seen nothin yet! Go HJOE!
I agree wholeheartedly. As long as we're dreaming, let's get rid of the public sector unions as well. Even FDR back in the 30's said that public sector unions went too far and offered to much risk for the union. Public employees already have all sorts of contractual rights; no need for them to unionize as well, though they'll never admit to that.
We'd all be better off if a miracle happened and Sarbanes-Oxley, Dodd-Frank and yes, Obamacare, were all fully repealed. Just way too much government.
It's a fact not many people realize, but the two segments of society that are most heavily regulated are financial services and healthcare, and guess which have been the most troubled? You guessed it, financial services and healthcare. Not a coincidence.
or are they being deleted outright from everyone. I have no idea why or how so many posts by myself or others don't take, or somehow get deleted, but it is very frustrating.
I'll give you that, a degree of wishfullness, but I chose those numbers for a reason, without going too overboard. They are not unreasonable given what's happening both technically and fundamentally, and given that I do believe this stock is quite a bit undervalued at present. Add the fundamental growth trends underway, and likely to accelerate, and there is plenty of near term upside potential here. I still believe this could be a dollar or more by the end of 2015. Now, a lot has to happen between now and then for that to occur, but everything is in place for that very real possibility.
It could be less by year end, but it could also be more. It's not an unreasonable hope. You never know about these things, but so much progression is happening on the fundamental side with this little company, that with the continued basing action on this chart, it seems likely to me that the bias is now up rather than down when it comes to share price, and a clear new uptrend could begin at any time. There will of course be ups and downs, but support at and now above the recent lows has been steadily strengthening. I would also note that though there may well be further conversions to go, such overhead supply, overhead resistance, can and will be worked thru. It happens every day. This is not rocket science; it's basic business development; and little HJOE not only has huge potential in a large and growing multi-billion dollar energy shot market, energy shots and hangover shots making them a diversified player as well, not a one trick pony, but little HJOE has already confirmed completion of their planned "soft launch" and is beginning to expand beyond.
I note the Caremark distributor news for instance. They are one of if not the largest distributors in the country, and though we knew the plan was for them to distribute nationwide, we've now seen confirmation that said expansion eastward is now underway. And of course the expansion with other distributors around the country continues as well.
I am feeling better and better about this little spec play, not just for the long term potential, but increasingly now for the short term trend as well. GLTA
Ironic if it takes this one, but not the ones with my short interest location questions.
The o/s count was about 136M in early June, per Yahoo Finance. YF upped that o/s count to about 166M o/s since then, where YF still shows it. Now, in my experience, such data on YF is usually outdated. The most recent o/s count I've seen confirmed elsewhere online is just over 200M o/s, maybe a month or so ago. I suspect it is higher now, but I would be very surprised if it was 330M or anywhere near 300M. Anything is possible, of course, and it is my understanding that up to 500M o/s is authorized. It is my hope they never get anywhere near that.
At the end of the day, if the company gets its business growth right, sales, revenue, margins, and starts taking actual relevant market share, the multi-multi-billion dollar market is big enough for energy shots, big and still growing, that the o/s levels we are talking about will be absorbed and the stock will be fine, so GO JOE!
I wish the o/s count was lower, and I hope the need for more convertibles is done, but it is what it is. I'd rather see strong and accelerating growth on the fundamental side than any kind of r/s in a misguided effort to decrease the o/s count. Just keep working your plan HJOE, and update us when you are able.
And I continue to love the longer term potential of this tiny little spec play. The fundamental growth story seems very legit, with tremendous upside potential in a large and growing multi-billion dollar energy shot market, and ongoing early growth in both distribution and sales, with repeat sales being confirmed, at both the consumer and distributor level, as per a recent company Facebook post. Another recent company Facebook post also referenced in response to a question that these production increases are being paid for out of sales revenue. And that's all for just the Git-R-Done Energy shot. The company has confirmed resumed sales and expansion of the original Hangover Recovery Shot as well, including deals confirmed for broad expansion into Canada. The o/s count is higher than I would ideally like, at a roughly 200M o/s count, but I have seen much worse than that with many other tiny spec plays, and strong growth can easily absorb that many shares as it gets truly underway. Little HJOE looks to me to be a very legit opportunity, considerably undervalued that the soft launch is well underway and proving successful, and given its potential. GLTA
YF sucks. It has so many technical glitches. This was an earlier post that never showed up, actually a shorter version of an original one that wouldn't post. After those entries never showed up, I went back in, broke them up into shorter pieces, and those, after some difficulty, finally did post. Now, all of a sudden, one of the earlier, larger versions shows up, showing a much earlier time, but only now appearing within the last few minutes. As I said, YF's message board functionality sucks.
I do not believe HJOE will do a r/s, or will need to, at least I hope not, and even if they might at some point, IMHO the o/s count should be substantially higher than it is now before it is even considered, maybe even near the current 500M authorized share count. The company, and shareholders, will be better served if HJOE just keeps focusing on its fundamental business growth plans, and do their darndest to switch from dilutive financing to debt financing as soon as possible.
Regarding the technicals, when this broke below the established $.0029 support level all bets were off, especially since it has failed to rally back above such soon or with volume. Once it broke below $.0029, there was no further established support to hold it up. New support will have to be established, and there is no telling how low it might go before confirming such. I am not giving up on HJOE, but neither am I discounting the possibility of a continued drop in share price, especially if more dilution comes. GLTA
Good input about how ihub and other such message boards are financed and the impact of such on the posts there. Your analysis on that point makes sense. Thanks for that insight.
I pray that HJOE does not do, or even consider, a reverse split, and certainly not at the current near 200M o/s count. In my experience r/s's rarely accomplish a fraction of what company's hope they will. And usually, when they do occur, the stock drops right back down anyway, further complicating matters, and antagonizing existing shareholders in the process. There is a reason why r/s's are generally considered a redflag about a company and its management, especially a penny stock company, by the larger, professional investment world.
There is much more support now established than there was previously. Anything is possible, but I see no reason technically for this to now retest $.0029, or even $.0041. There are multiple levels of support now established between there and here. The roughly $.0051 level could very easily hold and we begin to go higher, today, tomorrow, but very soon.
The Canada news in today's HJOE FB page adds even more oomph to the 2015 estimates. I agree with others, and now not only believe that the recent 2015 estimate of $5M was very conservative, very low, but I believe it is now old news as well. I am also impressed by how small a market share HJOE needs to take from 5 hour energy to greatly exceed even much higher estimates.
If this falls further, I'll be adding more at an appropriate time, since the long term story just keeps getting better, but the risk of missing the start of a more sustained uptrend is now much greater than it was, so when I saw today's relatively low volume pullback, and today's action, I bought more. GLTA
Typo correction: chart, not charts ("Watch the chart, don't listen to the street"
In case anyone is interested, here are two more quotes from William O'Neil's book How To Make Money In Stocks (I believe the 4th edition from a couple years ago is the most recent): "Look for more than just a story", and "Watch the charts, don't listen to the street". The later seems especially relevant for what we've been seeing with NWBO. Opinions are a dime a dozen on the street; they're all over the place; people are attacking one another mercilessly, on the boards of course, but also among the analysts; which to believe; what to believe; meanwhile, the chart just continues to show weakness and one breakdown after another ever since it's big run up. At some point, hopefully, maybe around $3 or so, the chart will begin to strengthen again and will indicate buying again. Time will tell. I just find O'Neil's books, and so many of his quotes, of such great value. Now, O'Neil's discipline would never suggest buying such a high risk, clinical stage biotech as NWBO in the single digits, but that said, his many trading principles still hold great value otherwise.
Jesse Livermore from the first half of the 20th century is another great investor/author, and is also one of the few who O'Neil references as having been a big part of the development of his investing discipline. Where O'Neil talks so much about the importance of Price and Volume action, and the larger Chart of course, I find great value in Livermore's addition of what he calls the "Time element" to Price and Volume. I call it three dimensional trading--Price, Volume and Time. All three are important for sound technical analysis. A great book that many attribute to Livermore, but was apparently ghost written by another at Livermore's request, is called Reminiscences Of A Stock Operator by Edwin Lefevre. It gets into the individual decisions and emotions of each, and is so valuable. I've heard it called "the bible" of investing, and that it is on the shelves of some of Wall Street's top Traders.