RE:RE:RE:RE:RE:RE:RE:NEO Cr.apAs a reminder, "pumped this thing" is my plain language on the effective impact that their communication relating to seeking maximum capacity of 20,000 units per month, retail price of US$12K per unit, and then some statements I believe in presentations that demand exceeded supply (of course, no supply figure was provided) had. Even the Agoracom interview did the math based on the distributors, which was clearly stated as not a sales projection, but the participants nevertheless went along with the math and confirmed that math made sense, based on the assumptions that they thought as reasonable. But not a projection, even though they concluded that 30 distributors at minimum quantities (minus USSC) would have been about US$90 million. Not a projection though...just the math based on individual pieces of data. Go figure.....lesson learned is that we need to have clear wording of a "projection" if we are to do any calcs based on company provided data. Obviously still a bit stunned how the $3-$4 super cheap stock played out, and hoping for an updated "projection" that will start generating some investor interest so many of us have a chance for a double from here, to get closer to breakeven! Funny, but not funny.
pointer wrote: canyousayiii wrote: The way the stock price is dropping and where it is at, even if there was no change to the forecast, it is not worth ditching anymore unless you got a play that is pretty well guaranteed to move up a bit - another devil you know. This one has been a total bust, I don't care what anybody says. Yes, they've done a lot over the past year with a completely new product, but 30 things they've done are more than offset by the only thing that matters that they did not do - no sales to speak of. And this all would have been fine if they had not pumped this thing to Mars and beyond on which the stock went beyond $3 where it had no business going.
And the stink of the debenture holders selling into that "pump" still hangs over us, no matter what the pumpers say. That should have been a clear signal to all of us to sell as well. But instead, like the faithful little sheep we are, we believed what the company was saying.
Just another valuable lesson, but hopefully we can salvage something from this.
I seek Safe Harbor