This is Nutsbaums problem. He owns 60 % of the common stock and maybe 95% of the debt. He needs to do something that is smart like sell the company to some Company in the industry with deep pockets. He and Katz are in their 60"s and close to rapping it up. However if he is not smart he goes down with the ship
Now at $1.15! Pumpers should be ashamed of themselves.
This is going to go up
This company was profitable last quarter, the book value is over $4/share. They have almost half a billion in sales, and the company is only valued at $25 million. I just bought some shares. I think something will happen, they will have a good quarter, etc...in the next year, and I can sell for $3/share for a 100% profit. There is little downside at this point because just the Parlux division is easily worth more than $1.50/share.
Glenn Nussdorf has truly wrecked the company. Several years ago, he paid $120M for Parlux. The combined company is now worth $24M. Anyone who pumps this stock should be ashamed of themselves.
nice little bump $$$
Did somebody really buy 382k shares and drive the price up to $3.00in the middle of the day! what do they Know?
ULTIMETE STOCK ALERTSQ is one of the best “alerts” services I have found. Just sign up and watch from the sidelines, you will see!
PennyStocksWorld.com only the BEST picks!
$PERF........ Hear Me out…If you arThey don’t want you to know about Loin Stock AlertsQ..... because these guys are the best at what they do. They only alert trending momentum stocks, NO BS and no fluff…