RE:RE:RE:Revisionist history is a great way to invest in stocks!Frogzilla wrote: GordonGeko1 wrote: Frogzilla wrote: Easy to be accurate with stock prices, when you quote what's already happened! Swing traders guess on stock direction, with the help of blips on a screen, prompted by very common TA platforms, nothing fancy or mythical!!
A previous dumpydoo, bought at $4.72 in what this TA investor call "an appropriate pull back trade" boy was he wrong, but he's down big time now! TAAT dropped right after his trade and TA was 100% wrong, at least his version that only he could blah blah blah, because he's yack yack yack!
Personally, I like to dollar cost average into great companies, and when the stock price, does not reflect company fundementals, I'll purchase extra shares on top of my reguar buy!
I'd rather invest, then guess!
Ribbit
PS: Anyone else notice how some have completely ignored last few press releases, they can't even acknowledge trademarks or the 2500 stores plus that only represents 40% of the addressable market! These same people predicted .50 cents for a stock price 2 weeks ago, but now claim they bought at recent lows and road the stock higher LOL!! Revisionist history is never wrong!!
Froggy, you lost me on this one! The addressable market is 150,000 stores that means TAAT is addressing only 1.7% of the US market.
Throughout late 2021, TAAT™ announced new distributor relationships in California as well as multiple markets in the northeastern United States. Additionally, the Company has specifically focused on its relationships with “cash-and-carry” distributors; a key supplier channel for independent retailers in which inventory can be purchased on a wholesale basis in a self-service “warehouse” format that is similar to membership-based retail warehouses such as Costco. According to 2021 data from the National Association of Convenience Stores (“NACS”), over 92,000 of the 150,274 convenience stores in the United States are run by “single-store operators1”, and the Company believes the presence of TAAT™ in cash-and-carry warehouses has contributed to its ability to rapidly penetrate this segment of retailers. Furthermore, as cash-and-carry wholesalers require payment on a “cash” basis (i.e., no credit terms such as “Net 30” or “Net 60” are offered), distributing TAAT™ through this channel could simplify the Company’s dependencies with respect to cash flow from its receivable accounts on wholesale orders. TAAT's 2500 plus stores is based on the 40% of the market they can track or about 52,874 stores! The remaining 60% or about 92,000 stores owned by single store operators, shop at warehouses, and TAAT can't track these stores!
TAAT is reporting store #'s only on 40% of the addressable market, what is the adoption or store count in the remaining 60% of the market or 92,000 stores, this is the question!
Ribbit
That clears up what you're figures were based on.
I'm just wondering based on this information if these single store operators who shop at warehouses, (and there seems to be a large number of them), can they be incorporated into the TAAT "Two's" promotional campaign. It would be a shame to lose out on this promotion in 92,000 stores.