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GOED Nice finish!
Ah... then never mind! ;)
By "locals," that's referring to IHUBers, not local appliance sellers.
Locals do not generally have the funding to get over the hump.
I believe GOED does!
This list has a lot to do with GOED. Why most locals fail.
1) Betting on businesses, rather than investing in them.
2) Falling in love with one or two stocks and failing to admit mistakes.
3) Swinging for homers with every investment.
4) Failing to understand the lifetime benefit of slow, steady growth.
5) Following obvious stockboard shills or self-exposed gurus.
6) Ignoring the "science" of investing. Investing anti-vaxers!
7) Trading too often. Low turnover almost always boosts success.
8) Following worthless hunches and whims. Emotions are idiots!
9) Piling into fads, usually near the top.
10) Buying "ground floor opportunities." Pros usually shun startups.
11) Ignoring protective devices such as audits, exchange listings.
12) Committing the arrogance of thinking they can outsmart Mister Market.
all you gotta do
is press some buttons on those $GOED merchant accounts and POS (point of sale) systems and waaalaaaaa sales numbers spit right out
oh those poor innocent vaseline deprived broke $GOED newbies!
hoooooohoooooohahahahaha ..
LMAO!
“appointed” bahahahahahahahaha
nothing to see here folks
“news” - where are the $GOED black friday numbers ?????????
bueller bueller anyone anyone
joke!!!
those trapped innocent broke $GOED newbies!
Yes, he appears to have very good credentials!
GOED Picked up a little 2.15 to bring average down to 3.31- but I got closed green cabbage, too.
I like that hire, a lot. Very positive.
MG
bahahaahahahahahahahahahahahahahaha ..
$GOED —- sick “news” !!!!
oh those poor innocent broke trapped $GOED newbies!
GOED Jody Rusnak, Director of Nebraska Furniture Mart, a Berkshire Hathaway company
GOED 1847 Goedeker Inc. Appoints Jody Rusnak as Chief Merchandising and Brand Innovation Officer
11/29/2021
Mr. Rusnak, who Joins From Berkshire Hathaway's Nebraska Furniture Mart, Brings Extensive Brand, Merchandising and Product Experience to Goedeker’s Leadership Team
New Senior Hire Reflects Company’s Commitment to Adding Top Talent to Accelerate Growth
ST. CHARLES, Mo.--(BUSINESS WIRE)-- 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 Jody Rusnak as Chief Merchandising and Brand Innovation Officer. Mr. Rusnak will oversee the Company’s efforts related to customer acquisition, marketing, merchandising strategy and related areas. His start date is November 29, 2021.
Mr. Rusnak was most recently a senior leader and the director of Appliances and Electronics at Nebraska Furniture Mart, Inc., which is one of the largest home furnishing stores in North America and a Berkshire Hathaway Inc. subsidiary. He was responsible for the P&Ls of both product categories. The company sells furniture, flooring, appliances and electronics through its stores and ecommerce properties.
Albert Fouerti, Chief Executive Officer and Director, commented:
“As we continue implementing our ecommerce-focused strategy, establishing precise marketing and merchandising strategies will be critical. Fortunately, Jody has the deep product expertise and merchandising background we need to take our customer acquisition and marketing efforts to the next level. He is bringing a winning pedigree from his long and successful career at Nebraska Furniture Mart, where he oversaw the P&Ls for appliances and electronics. I look forward to working with him to advance our re-brand during the first half of 2022 and set a long-term foundation for driving lifetime customer loyalty.”
Jody Rusnak Biography
Mr. Rusnak is an accomplished senior executive with more than three decades of B2C and B2B experience, as well as significant experience growing product assortment and driving growth across categories. Throughout his career, Mr. Rusnak has held several leadership roles within best-in-class retailer Nebraska Furniture Mart, Inc., where he was responsible for the P&L of the Appliances & Electronics categories. His leadership abilities include driving innovative approaches to merchandise, customer engagement and category expansion. In addition, Mr. Rusnak excels in vendor management, builder channel development and optimization, building and developing teams, and mentorship. He holds two bachelor’s degrees in Computer Science and Business Management.
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.
Goedeker Investor Relations
Greg Marose / Ashley Areopagita
ir@goedekers.com
Source: 1847 Goedeker Inc.[img][/img]
GOED BRIEF-1847 Goedeker Inc. Appoints Jody Rusnak As Chief Merchandising And Brand Innovation Officer
BY Reuters — 8:21 AM ET 11/29/2021
Nov 29 (Reuters) - 1847 Goedeker Inc (GOED):
* 1847 GOEDEKER INC. (GOED) APPOINTS JODY RUSNAK AS CHIEF MERCHANDISING AND BRAND INNOVATION OFFICER
Source text for Eikon
GOED U.S. stock futures rise following Friday’s omicron-sparked selloff
Mike Murphy - Yesterday 11:12 PM
https://www.msn.com/en-us/money/markets/u-s-stock-futures-rise-following-friday-s-omicron-sparked-selloff/ar-AARey5P?ocid=msedgntp
https://finviz.com/futures.ashx
GOED Goedeker keeps its fb site sharp and up to date!
https://www.facebook.com/Goedekers
Due Diligence- the antidote to silly talk
GOED Annual Meeting information
https://www.sec.gov/Archives/edgar/data/1810140/000121390021060499/def14a1121_1847goedeker.htm
Company information to help base decisions- the antidote to silly chatter.
GOED Nice, clean web site
https://www.goedekers.com/
GOED Director buying on the open market at 2.40
https://www.sec.gov/Archives/edgar/data/1810140/000121390021061195/xslF345X03/ownership.xml
GOED CEO getting his team in place
https://www.sec.gov/ix?doc=/Archives/edgar/data/1810140/000121390021061960/ea151272-8k_1847goedeker.htm
GOED Some Goedeker information, between the noise..https://www.marketbeat.com/stocks/NYSE/GOED/earnings/?RegistrationCode=SocialMedia-StockTwits&DefaultTab=Earnings&utm_source=GeneralSocialMedia&utm_medium=Social&utm_campaign=SocialMedia
in three weeks
$GOED is going to have a shareholder meeting with it’s FUNGIBLES
oh boy the stories the stories
those poor innocent broke vaseline deprived trapped $GOED newbies!
getting
really nervous about this name change “rebranding” —-I don’t think I own enough $GOED stock
let’s think about some interesting ones:
radio shack …name change to the shack - bankrupt
coke….new coke - yuck!
benlo to jlo back to benlo (as of 11:48 EST)
oh boy maybe I do “own” enough $GOED hoooohoooohahaha
oh no those poor vaseline needing broke trapped innocent $GOED newbies
1000!!!!!!!!! ..
Goodwill on a balance sheet gets written down as an “expense” to offset “profits” when taxes are due
in addition to balancing an “unbalanced” liability section which are those pesky IOUs
-I mean who wants to pay anyone without using someone else’s money anyway -uh oh
—how much GOODWILL is there??? and why so much???
oh my those poor broke innocent vaseline needing $GOED newbies!
isn’t $GOED
below the it can’t go below the $2.25 mark because of the warrants nonsense?
now that sounds logical to me
hooooooohoooooooohahahahaha
oh those poor vaselineless broke trapped innocent $GOED newbies!
can you believe this was like almost 40% ago
great news!
apparently if there are lockdowns again everyone is going to leave certain states and move to other states and buy appliances from $GOED in their new homes ….
holy moly back up the truck!! …. again
hoooohooooohahahaha
wow those poor innocent trapped broke $GOED newbies!
wish I could
fall asleep just so worried about
those poor innocent broke trapped $GOED newbies!
having
a hard time seeing how they can pay all those liabilities through sales margins
-need to do $500MM- $1B revenues going forward from here to cover and still have a few bucks hanging around (not including the extraordinary)
hopefully they don’t have to do more dilution than the extra 50 MILLION SHARES they’re “proposing” in 3 weeks which is the usual public way of paying these things off
much more stock needed at lower prices and then…….uh oh
oh no those poor trapped broke innocent $GOED newbies!
i can see the
ads now…… locked down with no job …you must need a new kitchen appliance set
hurry hurry step right up
oh those poor broke trapped innocent $GOED newbies!
I would
hate to see a $GOED break of that new “key” number 2 next week
constantly thinking about those poor trapped broke innocent $GOED newbies!
I only rely on audited numbers and numbers usually from a Big Four CPA firm. There are >10,000 U.S. public firms and perhaps 500 that meet all or almost all of my criteria. GOED doesn't come close.
500 is more than enough stocks to select from. IHUBers find under-the-radar "Story" stocks and usually get killed chasing "the next 100-bagger."
They bet on stocks; I invest in businesses. It's fun to watch their mistakes.
they need
to tighten up regulations on public companies
big retail companies have to pay monthly sales tax to a lot of states by the 20th of the next month
why shouldn’t they be also reporting those “unaudited” numbers to the public?
……we all see that sales tax liability on the $GOED balance sheet - oh my!
those poor trapped broke innocent $GOD newbies!
I only buy NYSE or Top-Tier Nasdaq stocks. And generally only buy stocks that pay dividends, even tiny ones. It's not that I need the dividends, but more that dividends prove a business is for real. Very few scams pay dividends.
All together, I select my investments based on about 15 criteria. And I never buy startups. They rarely succeed.
just ..
asked jeeves again for appliance sales
page after page ……..no see $GOED ese
tough space to get search engine op….. I guess word of mouth sales hahahahahahahahahahahahahahahahahahahahahahahaha
don’t worry 4th quarter sales won’t be shown until MARCH!!!!
along with that “GOODWILL” offset of those darn liabilities
hooooooooohoooooooohahahahaha
oh those poor trapped broke innocent $GOED newbies!
nice
add to the fact that warrant plus $2.25 = $3.50
no one wants to own the stock at $2.20 why would you buy “intrinsic” value
- I could see if it was a higher priced stock with a bigger buy in, but seriously a stinky pinky warrant? …c’mon man!
YES this is a stinky pinky with a different hat on it
oh those poor innocent trapped broke $GOED newbies!
Author doesn't explain how he concludes GOED is worth $5 a share. Looks to me like they slapped together a bunch of declining appliance shops, and a third rate web seller. GOED's a tiny moat-less hodgepodge of financial engineering.
I disagree with the article's premise, but I always invest longterm. Quality matters a lot to me.
A short term case for GOED from SA:
"1847 Goedeker is a strangely named company worth at least $5 per share. It's a cheap stock for a money-making business. They issued a massive number of shares to buy appliance e-commerce site Appliances Connection. It was unexpected and hated by pre-deal shareholders, but I simply disagree with their reaction. It trades at less than half the multiple of Overstock.com (OSTK) and deserves less of a discount. Want a yieldy and cautious exposure? Write December $2 puts. It could be a great way to back into a cheap stock getting puked by tax loss harvesters.
Want a bit of heat? Buy their (GOED.WS) warrants for under $1.25 per warrant. They have an exercise price of $2.25 and expire after five years from issuance. They are worth a multiple of what they cost today.
What draws my attention to this? I'm neutral to surprises and existing shareholders tend to hate them. I'm also neutral to preceding catastrophes and shareholders tend to hate them too. So if I can find an M&A deal that shocked and infuriated holders causing the price to plummet, then I take an interest. In this case, I find the deal justifiable. GOED's share issuance and warrant issuance might be disrupting the normal market function. I'm happy to take the other side from anyone that wants to dump shares in such cases."
https://seekingalpha.com/article/4471597-3-ways-to-cheat-the-tax-man
where are
all those lucky buyers that bought all that cheap $GOED stock at $3.50/$3.25/$3/$2.80/$2.50/$2.25……
hooooooohooooohahahaha
backed up the truck so many times it don’t go in drive no more!
oh no those poor trapped broke innocent $GOED newbies!
eyeballs popping
tryna hold this thing above yet another lower figure
oh those poor innocent broke $GOED newbies!
gobble gobble
hooooohooooohahahahahahaha
oh those poor innocent broke $GOED newbies!
who is
more trapped….
the turkey that’s about to get their head cut off
or
those poor broke innocent $GOED newbies ????
i’ll put up a survey on social - gonna be interesting…..
I hope
those poor broke innocent $GOED newbies can still put a meal on the table and enjoy Thanksgiving now that the $GOED pump and dump has gobble gobbled all of their money!
GOED Shaping the future:
https://newsfilter.io/a/f93a6af951d9407806b37f1051907337
looks like all those
$GOED “investors”backed up the truck” to unload last 1/2 hour on the 1st “green” day in how long?
FOMO Friday on Wednesday hahahahahahahaha yikes!
oh those poor broke innocent $GOED newbies!
i’m not worried
the “convincing” salesperson on the conference call gave me that “i just know you are doing great assurance”
hahahahahahahahahahahahaha
oh boy those poor broke innocent $GOED newbies!
at
what price will there be “adding” $GOED today
hoooooohooooohahahahahaha
oh those poor broke innocent $GOED newbies!
BACK UP THE TRUCK!! hahahahahahahaha
bahahahahhahahahahahaha ..
yeah - a very sick patient
oh those poor innocent broke $GOED newbies!
GOED I was on the Conference Call. I'm pretty sure the GOED exec. said it just as I reported.
I am not saying GOED is the end all- it can't cure depression or world hunger, but I do believe it's going to be nifty hold for the patient.
MG
I guess
those steak dinners are on hold…dollar menu anyone? bahahahahahahahaha
oh those poor innocent broke $GOED newbies!
Interest in Goedekers is declining along with the share price. You can see that on Stocktwits, https://stocktwits.com/symbol/GOED
Now, I'm seeing more outright bashing. How could someone -- anyone -- think this unknown shoestring appliance operation could compete with mega-caps like Home Depot, Lowes, Amazon? One poster on Stocktwits said he didn't even know how to pronounce "Goedekers!"
---
What happened to GOED's planned "rebranding" we heard about a few months ago? Now nothing. But junk stocks are fun to follow.
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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.
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