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I think we have investors from Europe who are now helping to push the price up. No longer is it just USA investors who are buying the stock.
The management says the new acquisition will generate profits.
Profits for whom? Most of the stockholders are losing money hand over fist.
I believe that this particular stock is being manipulated by some powerful people. I am likewise concerned about the erratic nature of the changes in bid/ask prices. I believe that these requested numbers are being artificially manipulated to make certain powerful people very wealthy. If you don't currently have FHBC stock I would think twice about buying due the prospect that the market is being manipulated and you don't know what will happen.
I dumped the 50,000 shares I had remaining and took a loss. I gave up and decided that this stock was never going to pull out of the ditch. It was only going to sink deeper into the ditch. With only 2 employees (according to some reports) and too little proof that this is really a viable business that will stay around for years to come, I decided that cutting losses was the only sensible decision.
I'm wondering what effect that attorney letter will have if any. Unless something changes investor psychology, this stock appears destined to continuing going deeper and deeper into the ditch. That's exactly what happens to nearly all stocks that go well below a dollar a share.
Has anyone heard anything more from Buzzy about getting Coca-Cola or some other big gun to buy out the business? I don't see any other way to get the stock price out of the ditch.
There is no justification for the precipitous price drop today.
This company is doing well financially and analysts had given more "buy" than "sell" ratings. The huge drop is simply a knee-jerk overreaction to a statement that has been taken out of context. Wall Street billionaires are notorious for purposely manipulating stock prices to further enrich the greedy billionaire class.
After printing out the annual financials, I did some math to see what the last quarter of 2018 would look like on Marketwatch. Here is what I came up with: The last quarter 2018 gross sales increased to about 1.5 million. This is substantially higher than the previous quarter. But net income decreased to 74K. This is less than 1/2 the previous quarter. The balance sheet shows that debts are extremely minimal. Most companies have a much higher debt load relative to assets.
Where are the financials being reported? I don't see them at the OTC Markets website.
I just looked at Big Charts. A big paradox! Money flow today is going up but the price is going down. This reflects a strong anti-penny stock bias on Wall street. Higher money flow means people are mostly buying rather than selling. In any event there is a strong bias pushing the share price down!
Part of the problem is Wall Street's strong bias against penny stocks. Most such stocks just automatically go down, down, down even if the company is profitable. This is quite simply the result of mass stock investor bias against ANY stock that has a very low selling price. Perhaps they should hire a promoter to give the stock a price boost so it won't keep going deeper in the ditch. If the company could say that they were paying quarterly stock dividends that would certainly help.
A reasonable rule of thumb on this is the 50 cent rule. Once a stock share price dips below 50 cents/share the stock usually gets caught in the perpetual downward spiral syndrome where its price just goes down, down, down no matter what.
Some rich guy will probably come along, buy 1,000,000 shares at 0.003 then sell later at 0.006. The stock prices are being purposely manipulated so some wealthy elite people can enrich themselves.
I have long thought the company should not limit sales to brick and mortar retail stores, but should also try to sell online. Selling products thru Amazon, Walmart, or even Google Express is possible. It's also possible to make your own website and sell directly online that way.
I would like to see the company expand greatly beyond its San Diego area/northwestern Mexico base. It's still a tiny company although on paper it has managed its limited finances quite well so it's not drowning in unaffordable debt.
My suspicion is that big institutional investors or a pocket of very wealthy people are causing the recent price rise.
The financial report for the second half of 2018 as reported on Marketwatch looks really great. So why is the stock price still in the ditch? It just proves a strong bias by Wall Street against penny stocks in general.
Typical Wall Street propaganda by the greedy ultra-rich! I view the recent report by Sean Williams which tries to make Aphria's recent favorable financial reports sound horrible as typical propaganda by the greedy ultra-rich so they can buy Aphria's stock at a much lower price. Do others agree that his report on Marketwatch is just propaganda and misinformation to force the price of APHQF down so that the greedy ultra-rich can inflate their profits?
I think the crash based on a rumor that they can't compete with a Chinese corporate giant is way overdone. Among other things, Trump is likely to impose more tariffs to protect American companies.
The assumption that HUAWEI is going to completely overrun SEDG might be a scare tactic so that wealthy insiders can buy stock at a very low price.
If HUAWEI is really that overpowering you might as well dump ALL solar stocks. What applies to SEDG ought to apply to a large number of other solar power companies.
Can someone tell me why Aphria stock is crashing? The profit and loss reports this morning were supposedly quite favorable.
Here are some pieces of news I think could adversely affect Fernhill Beverage. Sadly our current president has ignored advice not to provoke a trade war. America will pay the piper as foreign countries retaliate against the USA.
To make matters worse he has provoked intense anger south of the border due to his inhumane treatment of asylum-seekers from central America. Regardless of what you believe regarding what we should do with asylum-seekers there is no justification for his extremely cruel program of taking children and babies away from their parents. Anger from Mexicans directed at Donald Trump could harm ANY business that has involvement with Mexico. Therefor any deals that Fernhill Beverage has made to sell products in Mexico could be adversely affected.
I can tell you that the markets have a strong bias against penny stocks. Most penny stocks go down, down, down, no matter what because of this bias. Fernhill Beverage stocks include a large number of free shares which are also helping to drag the stock price down. The markets are distorted and I believe that some very wealthy and powerful people are behind a lot of this.
This stock had too big a rise in price too quickly. A sudden dramatic crash is one of the things that can happen. It's commonly referred to as bursting a bubble. What often happens is that a few wealthy people who bought a large number of shares decide at some point to take their profits and exit. That's how the crash gets started. These same wealthy people may decide to buy again when the price is much lower and sell again when the price goes much higher again.
I haven't seen any financial statement declaring May 2018 revenue. Please tell me where you found them.
The market has a very strong bias against penny stocks. Most penny stocks go down, down, down, no matter what. The distribution of free shares is also dragging the price down.
Why is it that Fernhill Beverage is still confined to a small geographic area for product distribution?
They have a plant in Carlsbad, Ca. That is the only place they manufacture product now. They are planning to make product at a new plant in Mexico.
It may not be in Q2 results either except as a plant startup expense. It will take time for them to get the Mexican product version onto store shelves. It might be that they should try to get a business expansion loan. They would say they needed the money to create additional product manufacturing plants in various locations. The most logical plan I would think is additional plants to distribute products to 7-11 stores at more geographic locations.
This company looks like one who has a good idea at least in theory but the implementation of what they planned hasn't done that well. It started out as a tiny regional company and that's still what it is. They haven't shown that they can bring about a big expansion beyond the tiny base they started from.
The stock is in the ditch and they haven't shown that they can successfully get it out of the ditch. It will probably take a great deal more money for them to bring about a serious expansion beyond the tiny base. This is money they apparently don't have.
I looked at first quarter financials for 2018. Sales have recovered some from the horrible last quarter but net profit has barely changed meaning it's costing more for each dollar of sales. At least it's a profit.
Let's hope so. They are hurting the company's stock with a posted warning about limited financial information from your company. I hope the quarterly report will show up in the next day or two and get the negative posted warning message off of there.
From what I hear from the psychic community, the overall prospects for stocks both this year and even more so next year are quite bad. Most of these psychics think that the Dow-Jones and Nasdaq will struggle a great deal this year and finish lower at the end of the year from where they started in January. 2019 will be a full-blown bear market according to many psychics.
As far as Fernhill Beverage is concerned I don't expect it to closely follow the market indexes. I would be interested in finding out when the financial reports for the first quarter of 2018 come out. This will tell us how successful or not the 7-11 marketing campaign has been and how profitable or not it has been.
That's great if it's true. 7-11s also exist in Mexico where Fernhill Beverage is also hoping to produce and sell its products. If they're selling quite well as you say, the next question would be at what price and how profitable is it? 7-11s are nationwide as well as some foreign countries so they can expand a great deal geographically even without adding additional chains.
That's great if it's true. 7-11s also exist in Mexico where Fernhill Beverage is also hoping to produce and sell its products. If they're selling quite well as you say, the next question would be at what price and how profitable is it? 7-11s are nationwide as well as some foreign countries so they can expand a great deal geographically even without adding additional chains.
I understood him to say that had an agreement to produce and distribute products in Mexico. He said they would not actually have the items on stores shelves in Mexico for a few months.
Have you been to San Diego, California? If you have or can get there check out as many 7-11s as possible in greater San Diego and see if you can find any of the products.
The news of the Mexico deal gave FHBC a bump in stock price. It should be understood that this is a work in process. The product won't be in production in Mexico for a few months. The plant in Mexico may well profit from lower land and building costs in Mexico.
But greatly increased poverty in Mexico probably means the product will fetch a lower price than in the USA.
The red bottle on the far left. I can make out "-OAD" maybe "ROAD". This is in reply to ChannelTrader's post about a picture. For the other bottles I'm going to guess "SLIR".
It looks like Fernhill Beverage gained 7-11s but lost other stores it previously had. Buzzy says they lost about 50 retailers they previously had. It looks like Fernhill Beverage is relying on a different product to carry the ball now. When the first quarter financial report comes out for 2018 we'll have some idea of where this business is really heading.
They do need to expand beyond the small regional base and perhaps they can try to gain other similar-type chains like Stripes, Race Trac, and Quik Trip.
Peter Leeds was recommending PLG a year ago when the share price was about $1.30. It keeps going down, down, down. There is some very negative information about the stock coming from "Seeking Alpha". It appears at Marketwatch under "other news". I don't know if it's credible or a pack of lies. I've heard the rule "When Wall Street talks don't listen". There is too much lying to enrich the very wealthy at the expense of average people. This negative piece of information appears to be adversely affecting the share price.
On Monday 3/19/2018 I predicted that Fernhill Beverage stock would go all the way down to 0.002 based on the money flow indicator. It's taking longer than I expected but now we are seeing it actually materialize. I did not time my selloff quite right but I would have lost a great deal if I hadn't pulled out when I did. I won't buy any more Fernhill Beverage stock until I see 2 things: Money flow is going back up substantially and the problem of a huge drop off in sales is visibly fixed. A press release is not enough. I will need to see a financial statement that shows that product sales are substantially increasing from the huge drop off during the last quarter of 2017.
Good luck Cuz. I remain skeptical. Are you rich now? I'm not at all surprised by the recent drop in price of Fernhill Beverage shares. I'm surprised it hasn't been a much larger drop since money flow has dropped precipitously. The financial report for the last quarter of 2017 raises some huge red flags in my mind regarding this company's ability to become viable.
Please examine the quarterly financial reports as shown on Marketwatch. It should also appear on OTC markets. The quarterly reports show a huge drop in sales during the 4th quarter of 2017.