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Reed's, Inc. (REED)

NYSE MKT - NYSE MKT Delayed Price. Currency in USD
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1.725-0.025 (-1.429%)
At close: 3:58PM EDT
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  • B
    Boardwalk97
    Boardwalk97
    71% of the volume lost during the second quarter was driven by what we now define as noncore, products such as Kombucha, private level and candy. STUPID- Kombucha flavors were the best out there as others are scrub water. Kevita has 2 fairly good flavors and Reed's could have easily toppled on taste. Management going after soda is foolish. I think CR will jump ship and align with others.
  • A
    Anonymous
    Anonymous
    There were no analysts on the call. This isn't good if you believe the turnaround story. They will show up after the company has about 3 quarters of improving results and the stock price has doubled. They have LA plant running at capacity and lots of the right inventory. No more stock outs, etc. Margins are increasing. Let's see if they can really market the core products.
  • t
    tiger
    tiger
    i am hoping the bottom is in and the conference call is confident with better strategy than raise the price.
  • t
    tiger
    tiger
    worse than i even expected for last quarter. sadly, the turnaround work needed here is a multi-year process. every single aspect of the company is a failure and a marketing disaster. will be very hard to fix, but we will have to see. critical that chris the clown not have anything to do with anything. or any real power. and that is simply not believable.
  • T
    THE ROCKET
    THE ROCKET
    Thank God Friday came and the Market took the weekend off....lol
    The latest advice from the current leadership team is for current employees to not to listen to former employees....CNBC and wall Street state that this strategy should raise the stock price in no time...disregard the empty coffers and mounting bills to creditors who have shut them off completely or require POD for all shipments.....
  • t
    tiger
    tiger
    the new board is really doing a fabulous job for the last 8 months. really impressive. you know the investors are writing off the company when the new ceo announcement doesnt cause the stock to go up a cent. the earings this q will be devasting. massive losses, no cash and a lot of promises that wont happen because the company's reputation and market share is over. done. squandered by a hubristic clown who sits on panels of experts not mentioning that he didnt build a thing and has an insolvent company.
  • t
    tiger
    tiger
    and of course whoel foods dumped this company. everything they touch turns to #$%$. they have better vendors with better products. its is 2017 not 1997.
  • B
    Boardwalk97
    Boardwalk97
    Went to Whole Foods- we don't carry Reeds Kombucha anymore? Wonder if its a case of CR not being able to work with others and not having control that has put this ship from rough seas to on the rocks?
  • G
    Gary
    Gary

    https://www.bevnet.com/news/2017/val-stalowir-named-reeds-ceo

    Val Stalowir Named Reed's CEO - BevNET.com
    In an interview with BevNET, Stalowir explained that, after investing in a new production facility in Los Angeles that went online last year, Reed’s is well-positioned to reduce costs and operate more efficiently moving forward.
    www.bevnet.com
  • s
    stu
    stu
    Another band aid approach. Shareholders are feeling the pain. This Cash will help fill the coffers for another 6 to 9 months, help make sure payroll doesn't bounce, and that's it. Toomany times these bozos move from one company to another, re-adjust their golden parachute, milk shareholders to death, and move on. REED was once a noval company with products that appealed, now they have lost their way, and are caught in a downward spiral. I told you longs to sell, now all you can do is holdon to those shares as the dilution will continue for years. This is but the first go around. Sad, but true.
  • W
    Wes
    Wes
    These #$%$, carpetbaggers, worst thieves I think I've ever seen. Yes, Chris was a visionary kook, but a vacant business leaders, but these idiots that took the helm, boy, they are flying the plane in a nosedive right into the cliff. Get an ethical sharp leader in front of this or I hope all the warrant vultures lose out.
  • s
    stu
    stu
    I told you longs a month ago to get out. Now today you are feeling the pain. On to a buck per share. The slow grind down. Maybe, Jennifer Cue will offer to buy REED for say .25 cents a share. JSDA hit bottom and has floundered around the .50 cent range for years. REED will be next. Misery loves company. Enjoy the bumpy ride down......
  • t
    tiger
    tiger
    wow. val takes over and the stock doesnt budge. just at a point where no one has any faith in the future of the company. i think this next q will be the worst in corporate history. chris reed reminds me so much of trump. same personality.
  • W
    Wes
    Wes
    when can the lawsuits begin?
  • S
    Stas
    Stas
    Hahahahahahahahaaa....enough said....as predicted a while back, pennies coming shortly...followed by BK proceedings next year...cheers!!!
  • t
    tiger
    tiger
    new ceo. too little too late. the highly experienced board spent the last seven months accomplishing exactly nothing other than removing chris the idiot and watching the company founder on the rocks of a declining market for soda. #1 ginger beer? what does that even mean? exclude all other ginger products and maybe. include other ginger ales and reed isnt a pimple on the market.
  • m
    mark
    mark
    2015 revisited?

    Very weird, went to Trader Joes and Stop and Shop on Fathers day. Trader Joes completely out of Reed's Ginger beer, store brand Ginger beer and only 2 4packs of Virgil's Root beer left. At Stop and Shop complete 3 foot shelf of all Virgil's and reed's product completely sold out. It is starting to look as though they are going back to having trouble filling customers orders again.Unless of course it is part of their new money saving shipping policy, not to ship any inventory at all.
  • S
    Stas
    Stas
    Another large stock sale with the S-1 filed just now after-hours...expect this in the $1's tomorrow....pennies should be here in a few months. Things are quickly accelerating towards chapter 11 here, very quickly. Cheers!
  • A
    Anonymous
    Anonymous
    When this seller sells and exercises the warrants, the company gets $5M+. that wipes out the debt, and gives the company some to implement some changes. There will be some dilution.
  • s
    stu
    stu
    Another +8% drop yesterday. Sell while you can. And if you are thinking of buying right here, please don't get blood onyour hands trying to catch the falling knife. It's going lower, much, much lower. I feel your pain if you are long on this stock / Company.