Sunday morning gears churningSo much negative talk on here with regard to low share price. I get it, everyone is down about their investment in this.
As much as I personally don’t believe that shorting should be legal...they are the ones who have made all the money this past year, the rest of us long term investors have paid the price. I think that will change soon.
My thesis: couple new big wigs brought on from the food industry as i’m Sure Peltz had a hand in that. A heap of inside buying since Booth got the steel boot in his as*. Where as before, there was a ton of insiders selling.
If this was doomed, no way insiders would buy anything, they would be heading for the exits and cashing out.
there is a ton of institutions buying and holding and yes some have sold...inevitable.
They seem to be downplaying what next quarter result might be....they say flat, but I believe their strategy is to under estimate and over deliver to gain trust again. They know from their mistakes with Battely, that over promising and under deliver is going to see investors bail...they can’t afford that.
Germany is going full steam as well their position in 24 countries. 2.0 products are selling out and fast. Quality is top notch.
These are a few of many positive catalysts which I see as going in the right direction.
Yes there is a serious cash crunch, but they have cleaned the slate and are taking the proper steps to profitability.
I say these prices won’t go much lower. It’s a great entry if you have faith. If you struggle with this, I get it but please don’t bash just for the sake of your own bitterness. Look at the business model, do research.
the entire industry is new....growing pains...bad government rollout....shorters.....hype....manipulation.
Worst are the manipulating analysts....they write to benefit themselves and their clients. Don’t believe their sh*t. They are absolute low life’s in this industry.
Enjoy your Sunday. Tomorrow is a new day of a new week. Might be ugly for a while yet...given the “flu”. Geeesh.
More media disaster
glta