U.S. markets close in 5 hours 42 minutes

Reed's, Inc. (REED)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
1.0600-0.0100 (-0.93%)
As of 10:17AM EDT. Market open.
Sign in to post a message.
  • m
    mark
    These guys are expanding the distribution of existing brands. Have not heard anything about ginger shots since launch. Getting shelf space adding plastic bottles to go after convenience and gas markets.

    Problem I have is with profitability.Last quarter sales of 12.15 million had a loss of 4.55 million. Say they gt a 30% sales increase to 14.1 million, does the loss drop below 3.5 million??? At what point does the risk of more dilution go away and does excitement of sales increases over come the drag of losses?
  • J
    JOHN
    I was at Glick's Naturals yesterday and saw Reed's ginger in the cooler. I asked the proprietor if it sells, she said it did. Then I asked if buyers liked it, she said they did. This was at a small Amish store in Lancaster County! I just upped my holdings on Friday. Hope to double my investment in the near future.
  • c
    chokingstones
    Who's going to pay $60.00 for a case of root beer per Amazon. It's nice to see some really great distributors come on board. Let's hope they discount these prices. Because this is the only way to appeal to a mass market. Shelf space is really nice, but if the product doesn't sell, it don't mean nothing.
    Bullish
  • B
    Barnacle Barney
    Place automated sell orders for Part of your position above $4 per share. Why ? Because brokers cannot lend our Your shares to the shorts, if, a sell order exist for them. There are many ways to destroy shorts, like REED getting 4 (four) new large distribution channels in year 2021.
  • a
    axmacher
    They had some interesting insights about REED on (http://Fairstox.com). Definitely made me think twice about the company.
  • E
    Edward
    Sales keep going up. stock price will follow.
    2 dollars is 100 percent increase. Can't get better then that.
  • E
    Edward
    I think duckdive is just trying to save up enough money to buy some stock. So he is trying to keep it low until he has money to buy in.
  • A
    Andrew
    There you go, more doors. More good news to follow, these guys are fully vested in this Co. with
    insiders holding a significant a amount of shares, time to get in is now. Good Luck
  • j
    jajoo
    (http://Fairstox.com) is truly one of the best stock advice newsletters out there! Their daily emails give me all the information I need to trade more wisely each day. I rely heavily on their watchlists and recommend all traders should do the same!
  • J
    James
    Wow over 5% ownership from 5t investment. Reed is going to be big. Long hold
  • D
    Ducky Davis
    I just bought some of their Extra Zero Sugar at our local Food Lion on sale for $2.99 per 4 pack. Good supply. Great stuff! I will try original zero sugar next. The artificial sweetener they use is awesome!
  • J
    Justin
    All the products announced are great BUT these needs to show up in terms of sales. This next quarter needs to be better than Q1 and HOPEFULLY trimmed losses to move closer to profitability. That’s really all I care about.
  • A
    Anonymous
    Some day the ape army will stop, ponder, and develop a thirst for real ginger beer. REED SP can easily double then.
    Bullish
  • J
    Justin
    Take it for what you want but this is what they said
    Break even to profitability mid 2022
    No update on guidance remaining conservative
    No more offerings in the future (they were directly asked that question) and said they are done with offerings
  • G
    Gary
    Termination of a Material Definitive Agreement.

    As previously reported in the Current Report on Form 8-K dated April 29, 2020 by Reed’s, Inc., a Delaware corporation (“Reed’s”), on April 20, 2020, Reed’s entered into a promissory note evidencing an unsecured loan (the “PPP Loan”) in the amount of $769,816 made to Reed’s through City National Bank (the “Lender”), under the Paycheck Protection Program (the “PPP”). The PPP was established under the Coronavirus Aid, Relief, and Economic Security Act and is administered by the U.S. Small Business Administration (“SBA”).

    On May 21, 2021, the Company received a notification from the Lender that the SBA approved Reed’s PPP Loan forgiveness application for the entire PPP Loan balance of $769,816 and that the remaining PPP Loan balance is zero.
  • C
    Conaz
    Time to buy for long term investment $$$ REED to grow very big over time.
  • B
    Bev Investor
    I'm actually a little surprised it's down. Best sales yet and Q1 is a bad quarter historically for beverages, very clear on no more capital raises, distribution expanding. I get that profitability was down on freight costs, but that's not company specific, its the whole industry and its temporary. sales are what matters.
  • h
    hg
    Little patience needed, once sales from Walmart is reported this will fly.
  • A
    Alex
    What’s the point in this stock? Boring boring boring
    Bearish
  • T
    Tyler
    Up tomorrow and for the rest of the week
    Bullish