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No one has mentioned anything about "stockpiling" except you. No one is doing this. People buy the products for their own personal use, because they actually like the product. They also buy them to hand out to their friends in order to get the word out. You're just spreading more misinformation, as usual. The only thing that is being stockpiled here is the dung you keep dumping on this forum.
It has been pretty disappointing. In the past, I have seen other far less promising companies achieve $500mil+ market caps when they were in a much earlier stage.. sometimes before they had any contracts/distribution agreements/etc. Fuse has come so far, and I hoped that the market would see the incredible value and potential here, but that hasn't been the case. I still believe it'll happen, but it does look like it's going to take some time. Some people want to see real results (revenue and sell-through) before they dive in... but getting in early when you see potential is how the big bucks are made. I'm still surprised more people can't see what many of us can see so clearly.
Yes, the number of shares outstanding has increased, but the substantial decrease in share price means that the overall market cap is still microscopic -- only around $18mil! That is pretty shocking. It's really not much of a surprise to me that we're closing in on 300mil shares O/S (nor do I view it as particularly alarming), but apparently it has scared some other folks. We have taken a gigantic step forward with the Walgreen's agreement, but the value of our company is now lower than where it was before this happened.. Right now it's very difficult to see why that is, why the market is assigning such a low valuation to Fuse, because they have finally achieved exactly what we've been waiting for over the last 2 years.
Apparently it isn't. I am sure most people here couldn't care less about Zicam, so Mr. Dung really needs to cool it. For someone who somehow became a moderator, he sure is absolutely clueless. It's this type of behavior (people endlessly posting the same garbage over and over) that made me become a lot less active on this board.
I agree. I said this a while ago, but I'll say it again: About 4 years ago I tried 5 Hour energy, and promptly fell asleep on the couch. I never bought the product again. Coffee, Monster, etc, sure, I buy that all the time because they work for me.
Haven't posted in here in a while, but I'm still as long as ever.
If a 1200% increase in revenue isn't "meaningful", and the agreement with Walgreen's isn't "meaningful", I don't think you're ever going to wake up.
Mind-boggling how we aren't up at least 25-50%+ with everything we've learned over the last 24 hours. This one sure is frustrating.
Yes I believe they are. I have no idea who Cheban is either.
Walgreens shelves are full of energy supplements.. do you think they stock these products just to let them sit there and look pretty? I think it's quite evident that these products are selling well there. Walgreens is definitely a great place for us to be, especially with such a large, eye-catching display.
Well.. it's quite apparent that he is interested only in bashing the company every chance he gets, for reasons unknown. Maybe he lost a lot of money on Fuse that we don't know about.
Unfortunately I only get one post per day, and unfortunately half of those are deleted, but I have tried repeatedly to point out many falsehoods which he has attempted to spread before (one point that comes to mind was wildly inaccurate sales figures he had tried to pass off as fact before). I'm shocked at how anyone thinks he has any credibility here whatsoever. The analysis isn't exactly fair and unbiased.
If hes going to be talking about Fuse, it will have a tremendous positive effect on the share price.
To be fully accurate, it's 81 locations: http://phx.corporate-ir.net/phoenix.zhtml?c=132215&p=irol-irhome
They've finally proven that they can get something done. It's showtime.
Yes, they are a major threat, they have 105 likes on Facebook.. which is probably considerably less than the number of likes that some people have for their dogs.
We've known about this product for ages and I don't think anyone here is particularly worried about it. Nothing to see here..
Agree 100%. Got some more in the .15s myself today too, although I think we will see trading in the .15s during next few days as well (unless the big announcement comes..)
Agreed.
I concur. It looks like we'll get a double bottom at .15, similar to what we saw at at .11 during Oct/Nov last year.
Agree 100% with the levels you've mentioned in all your posts.
"Anyhow, I'm still looking for .18, or maybe a little lower intraday, but a close around .18 looks pretty likely to me this week. I'd expect it to hold whether we get any news or not, but it quite apparent that a lot of folks are growing very impatient here."
That's what I posted yesterday (#38105). Just saying..
Those that are panicking, selling and saying "Fuse sucks", "Fuse is a scam" right now should not even be investing in this type of company in the first place. Thankfully, there are plenty who are willing and able to take those "worthless" shares off of your hands...
It would be nice if we closed above it, but not the end of the world if we didn't. In fact, we can see in the chart you provided that we went below the daily MA50 3 times recently -- but each time we launched higher in a short period of time.
The 20 week MA has actually provided stronger support/resistance in the last year or so -- and it just so happens to be at about .187, where we've been riding all day. What a coincidence..
Anyhow, I'm still looking for .18, or maybe a little lower intraday, but a close around .18 looks pretty likely to me this week. I'd expect it to hold whether we get any news or not, but it quite apparent that a lot of folks are growing very impatient here.
Yes, as a matter of fact this action does fit into my charts. I already stated that I'm looking at .18 as potential bottom here. If we move below that on heavy volume, then .14/15 is where I'd looking -- but there is no way we go lower than that unless we get some abysmal news.
We've been making higher highs and high lows. That's the very definition of an uptrend. I wish some would take the time try to understand the way this analysis actually works before senselessly bashing it.
Once again, some are becoming impatient waiting for the big news, and that is clearly what has driven us down here -- but it certainly wasn't unexpected, and I sold some at .262 when I had the chance (but am still holding my core position, of course.)
Over the last several weeks and months, I have stated that if we could get past .21 then we could see .24/.25, and we did. I stated that I once thought .14 or so would be a bottom before the last run, but then I changed my mind based on what I was seeing, and said that that wasn't going to happen. And it didn't. I also said .30 was the next level, and we got to .28 on the last run. Not too bad, and it certainly doesn't mean that .30 isn't going to happen, it just didn't happen yet.
The predictions based on the technicals have been far, far more accurate than those offered by some here.
You do realize that energy drinks are priced in the $2.50 to $3.00 range in convenience stores, correct? And you do realize that they sell like hotcakes, correct?
The thing is, you can't carry a 16oz can of Monster or Rockstar in your pocket.. but you can carry all three vials of PowerFuse if you wish.
I'm really stunned that more people don't get this obvious advantage that this product has over the competition.
IMO, .18 would be the lowest level we could touch, barring any bad news. Although support at .20 seems to be substantial, there is always the chance of high intraday volatility in a penny stock.
There is a lot going on at and around .18: the 100 and 200 MA, a recent high (Oct '12 dailys), and it's where the current short-term uptrend line points (started in Nov '12, dailys & weeklys). My view is that if we broke this level, we would see quite a bit more downside (.14-.15 or so) ... but I find that to be highly unlikely.
Looking at the chart shows a very well-defined and easy to read uptrend which has unfolded over the last several months... the bottom line is that technical analysis can and does work on a pink. Unfortunately, I know that some will wish to intentionally remain ignorant of a tool that can be highly useful... and perhaps I should call my broker and tell them to remove all realized gains from trading DROP based on the technicals, because there is no conceivable way you can benefit from technicals on a pink.. :) (Sarcasm of course.) I view DROP as an investment as well as a great trading opportunity to make a few extra bucks.
Anyway, as for reward, i absolutely agree that we will see .30 in the very near future. My guess is that once we get there we will hover in the .30 to .35 range for a while to consolidate. That is, unless we get more good news... which is certainly possible.
Lack of patience.
You seem to imply that 50 million shares is "average" volume for a penny pinkie. This is patently false. I can assure you that the majority regularly trade less than 1 million, and often less than 100,000, shares per day. In fact, I often see penny (or sub-penny) pinks trading less than 10,000 shares per day.
Even the massively popular (and controversial) MJNA has only done 50 million shares a grand total of two times.
According to my TDAmeritrade scanner, there were 3,807 stocks that closed between .00001 and $2.00 today, and only 11 saw 50 million shares traded -- and this was extremely heavy volume for most of them.
So, once again, this information is patently false and misleading. The fact that we did 3+ million shares without any news means that there are still many eyes on DROP.
What an unreal day. The FUSE has been lit... .30s imminent.
I bet whoever it was that sold millions of shares this morning must be feeling pretty miserable right now. Thankfully, I held on to every share and recently added at .186, so I am good to go. Let 'er rip...
Maybe.. but if not, then it is certainly one of the most absurd comments ever posted on this board. Right up there with all the drama over these non-existent .21 warrants that are supposedly keeping the PPS down.
In reality, the PPS has hasn't moved past this range because there is still quite a bit of uncertainty floating around -- people want some concrete evidence that something which will generate a substantial increase in revenue is actually going to happen. There are also technical reasons as well. When the product actually hits the shelves in these "major retailers" then all the doubts will vanish, along with the 20 cent PPS.
Anyhow, I'd look for .24/.25 tomorrow, and then .30s+ once we actually get one of these announcements we've been waiting so long for.
I can only post once per day, for various reason, so I apologize for not responding sooner.
Unfortunately it does appear to have been some sort of glitch, as it has reverted back to being in the 100s (114 now.) So that's a bit disappointing.
In any case, I do believe in the product 100%. I have personally used EJ myself, and have also witnessed the positive reaction of others who have used it. Once word gets out to the CrossFit community I would imagine things will be looking good for Fuse. EJ is absolutely the perfect product for these people.
As for the PPS, I think the fact that we're holding steady above .20 is very, very encouraging. There is quite a bit of uncertainty regarding several issues right now, but once we get some clarity I think we'll see .24/.25 tested again.
There is something interesting going on with EnerJel on the GNC site. Before it was taken down, it had exactly 106 recommendations ("likes"), and that was even after being on the site for quite a few months. This was not unusual -- most products actually have a lot less than that.
However, now that the product is back, it suddenly has nearly 5,000 likes, and they are growing at a pretty good clip. I believe it was about 4,850 yesterday, and now its 4,926. It seems there must be some sort of campaign going on to raise awareness for this product.. anyone know anything about this?
For comparison, the LivRelief products have less than 10 likes each. I remember people being concerned about these initially.
So, it seems that just in the last week or two, thousands of people have suddenly been made aware of EnerJel, and they appear to be using GNC to order it. Maybe now we know why GNC ran out of it?
Tip: It's Buy Low, Sell High -- not Buy High, Sell Low.
But we're up only 35+% since the DJ announcement. What an unmitigated disaster...
More nonsense as usual.. His attempts to bash Fuse become more and more desperate and absurd by the day.
O/S is 182.3M according to TD Ameritrade.. and there is nothing concerning about that figure at all for a company at this stage in the game.
This is the only reason .21 means anything to me. Look at where those trend lines are aiming... This isn't my "full chart", as it would probably be totally unreadable for most since it is absolutely packed with stuff!
(image is big, so you might need to scroll to the right to see it all.)
If we get past .21, and .24/.25, then it is definitely showtime...
(The following isn't directed at you info, I'm just making use of one my daily post.)
People can say what they want about the charts, but less than a month ago I wrote a post (#32822) based on what I was seeing, and basically told you that buying would be a good idea (around the .16s/.17s)
Here is what I said on Jan 16th about the charts:
"I originally believed the downside could be as low as .13-.14, but after yesterdays action I highly doubt we'll see those levels. If we can make it to .19 and close there (or higher) sometime this week that would be big, and we could retest our short-term highs in the coming weeks. " The only part that wasn't spot on was the "this week". Yes, it took a bit longer than I thought... but I never said I was a psychic. :) Anyhow, those that ignore the charts might want to take a look sometime, even with this being a pink.
Back in the .20s. Disaster...
Ok, I think it's time for a reality check. You drank half a gallon of Monster in a 6 hour period while playing golf? Riiight. Max is 3 in a 24 hour period, so that is over 5 times their recommended consumption level... but you claim the "pep" drinks are "crap" (don't work)?
Well, I can absolutely assure you that anyone consuming that amount of Monster would have the shakes so bad that playing golf wouldn't even be close to feasible. Half a gallon! I drink energy drinks regularly, but that is just unfathomable.
Ok, and so you say you would "NEVER" spend more than 50 cents on a beverage? Wow. Well, I think we can safely say you are absolutely NOT even close to being in the group of consumers that are being targeted here. (And I'm still wondering what beverage exists in 2013 that can be purchased for 50 cents or less... anyone? Not even a bottle of WATER? Nope..)
Thankfully, there are millions of people who spend $10, $15 or more every single day on coffee and/or energy drinks. Energy drinks priced at ~$3 each fly off the shelves of every store in the country. The pricing for PowerFuse is absolutely in-line with the competition -- but it has the added advantage that it can be carried anywhere in your pocket, and is as fast-acting as anything out there.
I really think you're completely out of touch with this market -- and, it's also my opinion that you've never actually consumed a single energy drink in your life.
A harsh post I've written perhaps. Nevertheless, you are just asking for it when you write such ludicrous things.
Sorry, but saying the company won't survive just because you didn't like the product is nonsense. You're just one person in a sea of millions.
Like I've stated before, 5hr energy didn't do squat for me, but apparently it works well enough for most people that they are placed in virtually every store you'll ever set foot in.
PowerFuse and ElectroFuse work very, very well for most people -- that's all that matters.
If that banner is exactly what is going to be popping up in stores, this is huge -- because, well, that banner has a huge picture of Tiger Woods. It's really a heck of lot bigger than I was expecting.
It sure did take them long enough to really take advantage of these amazing athlete endorsements... but man oh man does this look big -- literally.
AWESOME picture. Thanks.
That was exactly what I was referring to. Note that we have "AFGNCENERJEL", and sure enough Enerjel did make it to GNC. We also have "AFDSGDROP", and sure enough the drops are coming soon to Dick's Sporting Goods. Hopefully we can look at "AFCVSDROP" and interpret that to mean that the drops will be in CVS as well.. and I think that would be huge.
I am glad others agree. Some of the long-time posters here may remember some videos that were released (and then quickly removed) which indicated Fuse products could end up at CVS and other stores, so let's hope that turns out to be the case. DSG is a nice start, as I'm quite certain there are at least one or two of these in every major (and minor) city in the nation.
Hopefully not until the products are on store shelves. I'm actually glad that they haven't started a big ad campaign yet, I want people to actually be able to walk into a store and buy PowerFuse and ElectroFuse before they burn through the funds they have for advertising.