Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
the next big question is
will it be a one day $GOED churn and burn p&d?
those poor innocent $GOED newbies now have to beat out the flippers
the big question is
who is gonna take $GOED home for the weekend?
at this point only the poor innocent $GOED newbies that have no other option
oh yeah and the dude that bought the open market shares with the rent collections
I hope
that dude doesn’t raise the rent to cover the $GOED stock losses
don’t want to hurt those poor innocent $GOED newbies any more than they already are
just in case
it continues its lower downtrend after this massive $GOED volume premarket
don’t despair because there’s a whale with “dry powder” - whatever that still means
please please don’t use that powder to cover the whale stink and save those poor innocent $GOED newbies
UB40
Red Red Candle
Red red candle you make me feel so sad
Any time I see you it make me feel bad
$GOED theme song - please don’t steal it i’m mailing the copyright papers now
those poor innocent $GOED newbies!!!
not that
$GOED is a company that follows the normal technical charting because….. well you know why
but
in my opinion… if it did -
this puppy broke down hard on the daily and faces some pretty mean resistance on any bounce back up
but what do I know
I am hoping those poor innocent $GOED newbies can make their money back
i’m counting
sheep trying to fall asleep I can’t stop thinking of the $GOED
baaaaaaaa g holders
baaaaaaa g baaaaaaa g holders
those poor innocent $GOED newbies got fleeced !
have
I told you recently about how
worried I am about those poor innocent $GOED newbies?
- can’t get them out of my mind - may not be able to sleep
q due by the 15th
delayed the $GOED meeting?
wonder why. …… and this most recent albeit regular sell-off ???
oh my those poor innocent $GOED newbies!!!
$GOED
should sell red candles looks like they’re known for the long ones
those poor innocent $GOED newbies!
I would say no one cares
poor innocent $GOED newbies raked over the coals ….burn that money!
GOED Added today. Full position now but have powder if it goes lower.
MG
Not Dialing Anyone. Already Understand The Stock.
I dunno... but I didn't plan to attend anyway.
If it's a company holiday, it's multi-day. LOLOL!
When is their upcoming SHM? I find two different dates cited.
Did they postpone the SHM? That would be a bad sign, but consistent with the plummeting stock price.
That is one of their Stamford numbers.
I tried New York... answering machine.
https://morrowsodali.com/contacts
Who knows... maybe it is a company holiday?
Maybe they all have Covid?
Maybe the Feds raided them?
But Morrow Sodali is not GOED...
they
may be out doing $GOED deliveries
those darn waffle irons need to get to their destinations
I hope those poor broke innocent $GOED newbies can afford to buy presents this holiday season
You try phoning (while GOED stock plummets). 1-800-662-5200. I called their main number, not an individual.
Multiple people work there.
Oh, I read it... I just don't see your point!
So the fact that a specific number belonging to Mike Verrechia at monstrous Morrow Sodali goes unanswered... that supposedly reflects poorly on GOED?
Maybe try emailing him:
m.verrechia@morrowsodali.com
or Goedeker Investor Relations:
ir@goedekers.com
Maybe Mike is sick or on vacation?
You calling Morrow Sodali LLC, NOT Goedeker!
1-800-662-5200 is Morrow Sodali LLC...
Just tried calling again. No one answered
lol
$GOED shareholder meeting just as unknown as delivery dates?
"Dear Fellow Stockholders of 1847 Goedeker Inc. –
"You are cordially invited to attend the 2021 Annual Meeting of Stockholders (the “Annual Meeting”) of 1847 Goedeker Inc., a Delaware corporation (the “Company”), which is scheduled to be held on Tuesday, December 21, 2021 at Eastern Time. The Annual Meeting will be a virtual stockholder meeting, conducted via live webcast, through which you can submit questions and vote online. The Annual Meeting can be accessed by visiting: [b l a n k ] . Stockholders of record of the Company at the close of business on November 17, 2021 are entitled to notice of, and to vote at, the Annual Meeting. Details of the business to be conducted at the Annual Meeting are given in the accompanying Notice of Annual Meeting of Stockholders and the Proxy Statement. The Proxy Statement was first sent or given to our stockholders on or about , 2021. You should also have received a Proxy Card or Voting Instruction Form and postage-paid return envelope, which are being solicited on behalf of our Board of Directors (the “Board”).
After reading the Notice of Annual Meeting of Stockholders and the Proxy Statement, please mark your votes on the accompanying Proxy Card or Voting Instruction Form, sign it and promptly return it in the accompanying postage-paid envelope. You may also vote by Internet or telephone as instructed in the proxy statement or on the Proxy Card or Voting Instruction Form. Please vote by whichever method is most convenient for you to ensure that your shares are represented at the Annual Meeting.
It is very important that your shares be represented and voted at the Annual Meeting. Whether or not you plan to attend, we hope you will vote as soon as possible. You may vote over the Internet, as well as by telephone, or by mailing the Proxy Card or Voting Instruction Form. Returning the proxy or voting by Internet or telephone does not deprive you of your right to attend the Annual Meeting and to vote your shares.
We look forward to seeing you at the Annual Meeting. Your vote and participation, no matter how many or how few shares you own, are very important to us. Your cooperation is greatly appreciated."
https://www.sec.gov/Archives/edgar/data/1810140/000121390021056186/pre14a_1847goedeker.htm
I've now seen two dates given for their SHM which is apparently going to be virtually only (no in-person meeting). What time does it begin? Can you find more?
no need because
in 7 short days they will have all the answers
I could
just drive to one of the $GOED stores by me in bklyn but….I would feel like I am cheating on my favorite appliance store
I've been trying to call GOED's IR all_day and they never answer. That a terrible sign. Try it yourself at 800-662-5200
https://investor.goedekers.com/overview/default.aspx
this
$GOED soap opera reminding me of that movie - sideways
a lot of cheap wine in that movie too
those poor innocent $GOED newbies getting smoked
I assume their claim to be largest was challenged, and they corrected the statement.
Is that a bad thing that management chooses to be honest and correct the statement?
I would be concerned if they did not!
What changed? "Through its June 2021 acquisition of Appliances Connection, Goedeker created one of the largest pure-play online retailers of household appliances in the United States."
https://www.businesswire.com/news/home/20211103005335/en/
"Through its June 2021 acquisition of Appliances Connection, Goedekers created the largest pure-play online retailer of household appliances in the US."
1847 Goedeker Inc. Appoints Mike Durrick as Vice President of Distribution and Logistics
Mr. Durrick Brings More Than 20 Years of Supply Chain Experience to Goedeker’s Leadership Team
New Hire Reflects Company’s Commitment to Adding Senior Talent to Accelerate Ecommerce Growth
1847 Goedeker Inc. (NYSE American: GOED) ("Goedeker" or the "Company"), one of the largest specialty ecommerce players in the U.S. household appliances market, today announced that it has appointed Mike Durrick as Vice President of Distribution and Logistics. Mr. Durrick will lead the expansion, evolution and optimization of the Company’s nationwide fulfillment network. His start date is November 1, 2021.
Mr. Fouerti commented:
“As we work to implement our ecommerce-focused strategy, building a world-class fulfillment network and improving product delivery are top priorities. Mike has the experience and vision to bring best-in-class logistics and supply chain practices to Goedeker. His understanding of the home appliances market and relationships with a variety of partners and vendors will add immediate value to our business. I look forward to working closely with Mike as he grows his team and brings best practices to our supply chain.”
Mike Durrick Biography
Mr. Durrick is an accomplished supply chain executive with more than two decades of experience across domestic and global operations. Throughout his career, Mr. Durrick has held several leadership roles within best-in-class supply chain organizations such as FedEx and DHL. During his tenure at these organizations, Mr. Durrick handled customers such as Whirlpool, where he focused on returns and reverse logistics, and Home Depot, where he focused on forward and reverse of bulky seasonal items and traditional stocking items. His leadership abilities include implementing LEAN best practices, vendor management, building and developing teams, and deploying efficient processes. Through these competencies, he has been instrumental in realizing KPIs while delivering cost savings, improving inventory turnover, and satisfying customer needs at various organizations.
About Goedeker
Goedeker is an industry leading ecommerce destination for appliances, furniture and home goods. Through its June 2021 acquisition of Appliances Connection, Goedeker created one of the largest pure-play online retailers of household appliances in the United States. With warehouse fulfillment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, St. Louis, Missouri and Largo, Florida, Goedeker offers one-stop shopping for national and global brands. We carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carry many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Jenn-Air and Viking among others. We also sell furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com.
https://www.businesswire.com/news/home/20211103005335/en/
that dude
that used all that $GOED rent money to buy the stock must be sweating
-now they have to file when they sell this junk
I would say it’s coiling up for the fake run into the meeting but no one really owns this besides the box and the crushed innocent $GOED newbies who can’t afford to average down ….so……
it’s
getting closer to where it’s gonna take 2 shares of $GOED to buy a bottle of $5 wine at the supercenter
those poor innocent $GOED newbies gonna need to apply for government aid soon to get their wine o’clock on
maybe
$GOED can find more suckers tomorrow to buy
times a tickin
those poor innocent $GOED newbies
the good thing
is that the $GOED top line can be skewed by the overall price increases on everything creating an illusion of good revenues
don’t be fooooooooled
those darn vacuum cleaners getting so expensive
that means they got
13 days to lube so no ouchie this time
goooooooooo $GOED
Nov 10: "Company's inaugural Annual Meeting of Stockholders (the "Annual Meeting") for Wednesday, November 10, 2021."
https://finance.yahoo.com/news/1847-goedeker-sets-date-2021-213100448.html
remember when ……
$GOED used to give the multiple numbers updates about the “orders” and now it has stopped
wonder why?
- no financial updates going into the q ……. must mean they’re on target, right???
uh ooooooooh
big internet retailer lowers expections because of supply and worker shortages
but i’m sure $GOED is resilient
need some soap opera news to get it to go higher by the meeting
wake up wake up everyone
haaaaa just kidding nothing happening here
you can $GOED back to sleep
GOED GOT back most of my trading shares, at a few pennies loss this time.
Sometimes we have to recognize the scale has moved up.
Good problems!
MG
Yes, all these GREEN days start to wear on me...
I think
some of the $GOED soap opera viewers changed the channel - the storyline getting tired
the other $GOED baggies are watching
DOPE-RAH……YOU GET A TAX WRITE-OFF & YOU GET A TAX WRITE-OFF & YOU GET A TAX WRITE-OFF !!!
those poor innocent $GOED newbies
GOED I am in and excited for our prospects!
But I caution newbees not to get too carried away, putting too many of their eggs in this one basket.
Company is fledgling and inconvenient things like further Offerings (dilution) can surprise.
I have a healthy sized position and use about 20% of that to trade.
Company has a good model of drop shipping but sharp online pricing may be hindered by manufacturers advertising rules (MAP- Minimum Advertised Price Policy). Also, company may need to spend inordinately on advertising in the early goings to build identity.
It's way below the 50MA on the Weekly and way below the 200MA on the Daily which I think bodes well.
Go GOED... but go sensibly. Employ the diversification rule we all know is right to do.
MG
GOED New Board Director Selim Bassoul: Middleby Corporation
https://www.bing.com/search?q=the+middleby+corporation+nasdaq&form=ANNTH1&refig=fce32ff9a2eb4167ad273c34e35da984&sp=3&qs=AS&pq=the+middleby+corporation&sk=AS2&sc=8-24&cvid=fce32ff9a2eb4167ad273c34e35da984
I can’t
believe $GOED is struggling to stay green off such AMAZING news????
wait .. what?
those poor $GOED newbies — maybe a waffle iron with your tax write-off refund
-no oven for you 1 year
1847 Goedeker Strengthens Board by Appointing Two Highly-Qualified and Independent Directors
October 18 2021 - 08:30AM
Highlights New Directors Selim Bassoul and Alan Shaw Collectively Possess Deep Experience in Durable Goods, Finance, Governance, Growth Initiatives and Supplier Relations
Reaches Cooperation Agreement with Kanen Wealth Management, Which Provided Constructive Input on Latest Stage of Company’s Board Refresh Process
1847 Goedeker Inc. (NYSE American: GOED) ("Goedeker" or the "Company"), one of the largest specialty ecommerce players in the U.S. household appliances market, today announced that it has appointed two highly-qualified and independent individuals – Selim Bassoul and Alan Shaw – to the Company’s Board of Directors (the “Board”), effective immediately.
Today’s appointments, which are an output of Goedeker’s previously announced Board refresh process, reflect feedback and input from an array of stockholders, including Kanen Wealth Management, LLC (together with its affiliates, “Kanen”), with whom the Company has entered into a cooperation agreement (the “Cooperation Agreement”). Nearly half of the Company’s nine-member Board has now been appointed within the past 12 months.
In connection with the new appointments, Paul Froning has agreed to retire from the Board. The Company thanks Mr. Froning for his leadership during what was a transformative period for the business. His retirement is part of the gradual wind-down of Goedeker’s relationship with 1847 Holdings LLC.
Albert Fouerti, Goedeker’s Chief Executive and a Director, commented:
“We are pleased to advance our ongoing Board refresh by appointing Selim and Alan, who have impressive track records working at world-class companies. They have the right perspectives, skillsets and relationships to support our pursuit of pragmatic growth and long-term value. Selim’s stellar background as the chief executive and chairman of The Middleby Corporation will be a great asset to us, particularly as we work to expand our nationwide reach and seize greater market share. Alan, who possesses vast appliances and operational knowledge, will bring equally valuable c-level perspectives and strategic planning knowhow to the Board. After assessing the Company’s needs and engaging with a number of stockholders over the past two months, our Board leadership and Nominating and Governance Committee ran a thorough process to identify individuals who can support our goal of becoming the market leader in home appliances.”
Mr. Froning added:
“Now that the Appliances Connection acquisition is closed and the Company is entering a new phase of its life cycle, it is the right time to add more operational acumen and appliances industry expertise to the Board. I enjoyed working with all my fellow directors on the transaction and integration of the two businesses over the course of the past year. The Company has a bright future.”
David Kanen, Kanen’s Founder and Portfolio Manager, stated:
“We are pleased to have reached an amicable resolution that continues Goedeker’s Board refresh process and adds critical skillsets to the boardroom. We believe a solid foundation exists for the new appointees to work with the Board to execute new strategies as the Company strengthens its appliances industry position and we are hopeful these changes will lead to value creation for all stockholders.”
Pursuant to the Cooperation Agreement, Kanen has agreed to withdraw its director candidate nominations that were previously submitted to the Company and has also agreed to support the Board’s full slate of nominees at Goedeker’s 2021 Annual Meeting of Stockholders. In addition, Kanen has agreed to customary standstill and voting provisions. The complete Cooperation Agreement will be filed on Form 8-K with the U.S. Securities and Exchange Commission.
Selim Bassoul Biography
Mr. Bassoul possesses significant experience in corporate governance, finance, marketing, strategic transactions and other critical business areas. He was the Chief Executive Officer and Chairman at The Middleby Corporation (NASDAQ: MIDD) from January 2001 until his retirement in February 2019. He has served as a Director and the Non-Executive Chairman of the Board of Six Flags Entertainment Corporation (NYSE: SIX) since February 2020 and as the Director and the Non-Executive Chairman of the Board of Diversey Holdings, Ltd., a leading provider of hygiene, infection prevention and cleaning solutions, since February 2020. Mr. Bassoul previously served on the Boards of Directors of several other public and private entities. He holds a B.A. in Business Administration from the American University of Beirut and an MBA in Finance and Marketing from the Kellogg School of Management at Northwestern University.
Alan Shaw Biography
Mr. Shaw brings expansive appliances industry knowledge and valuable supplier relationships to Goedeker’s Board. He has been a leader in the industry for more than 20 years, beginning his career with Whirlpool and finishing it as the Chief Executive Officer of Electrolux’s North American business, a position he held from January 2016 until his retirement in January 2020. He has held President and c-level positions with several North American-based durable goods companies since 2003, including Char-Broil and Husqvarna Group. He holds a B.S. degree in Economics and Political Science from the University of Idaho and an MBA in Marketing from Indiana University.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211018005474/en/
For Stockholders:
Goedeker Investor Relations
ir@goedekers.com
Or
Morrow Sodali
Mike Verrechia, 800-662-5200
m.verrechia@morrowsodali.com
soap opera news pending
$GOED newbies getting excited
upgrade to an air fryer
hopefully ….just maybe
the Cemita family steps up and provides some $GOED soap opera storyline continuation cauz it ain’t looking so good
https://www.consumerreports.org/appliances/how-to-shop-for-a-large-appliance-now-a9229088944
those poor innocent $GOED newbies - maybe they can wait an extra 3-4 months and get a toaster oven instead using the tax write-off
Followers
|
17
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1568
|
Created
|
09/03/20
|
Type
|
Free
|
Moderators |
1847 Goedeker Inc.1847 Goedeker Inc. is an industry leading e-commerce destination for appliances, furniture, and home goods. Through its June 2021 acquisition of Appliances Connection, Goedekers created the largest pure-play online retailer of household appliances in the US. With warehouse fulfilment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, and St. Louis, Missouri, Goedekers is a respected nationwide omnichannel retailer that offers one-stop shopping for national and global brands. Goedekers and Appliances Connection carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carries many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Wolf, Jenn-Air, Viking among others and sells furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com. |
We are offering 91,111,111 units, each unit consisting of one share of our common stock, par value $0.0001 per share, and a warrant to purchase one share of common stock, in connection with our simultaneous acquisition of all of the issued and outstanding capital stock or other equity securities of 1 Stop Electronics Center, Inc., Gold Coast Appliances, Inc., Superior Deals Inc., Joe’s Appliances LLC and YF Logistics LLC (commonly known as Appliances Connection) as described in more detail in this prospectus. The warrants included within the units are exercisable immediately, have an exercise price of $2.25 per share and expire five years from the date of issuance. The shares of common stock and warrants contained in the units are immediately separable and will be issued separately.
Our common stock is listed and traded on NYSE American under the symbol “GOED.” On May 27, 2021, the last reported sale price for our common stock was $6.07 per share. The warrants have been approved for trading on NYSE American under the symbol “GOED WS” and will commence trading on May 28, 2021. In connection with this offering, we have applied for the listing of our common stock and warrants on the New York Stock Exchange, or the NYSE, however, we do not currently meet the minimum share price requirements of the NYSE and will not be able to list our common stock and warrants on the NYSE unless we meet such minimum share price and other listing requirements of the NYSE.
We are an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended, and are subject to reduced public company reporting requirements.
Investing in our securities involves risks that are described in the “Risk Factors” section beginning on page 25 of this prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
Per Unit | Total | |||||
Public offering price | $ | 2.2500 | $ | 205,000,000 | ||
Underwriting discounts and commissions(1) | $ | 0.1575 | $ | 14,350,000 | ||
Proceeds, before expenses, to us | $ | 2.0925 | $ | 190,650,000 |
____________
(1) See “Underwriting” beginning on page 124 for additional information regarding underwriting compensation.
We have granted a 30-day option to the underwriters to purchase up to 2,000,000 additional shares of common stock and/or warrants to purchase up to 2,000,000 additional shares of common stock, in any combination thereof, solely to cover over-allotments, if any.
Certain of our existing stockholders and certain of our officers, directors, employees and related persons, have indicated an interest in purchasing an aggregate of approximately 2,779,600 units in this offering at the public offering price. However, because indications of interest are not binding agreements or commitments to purchase, the underwriters may determine to sell more, fewer or no units in this offering to these persons, and any of these persons may determine to purchase more, fewer or no units in this offering. The underwriters will receive the same underwriting discount on any units purchased by these persons as they will on any other units sold to the public in this offering.
The units will be ready for delivery on or about June 2, 2021.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |