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.006 really?
Quick follow up to my last post regarding FEEL salesforce:
Monterey, CA, Jun 10, 2010 (M2 PRESSWIRE via COMTEX) --
At a time when many other consumer brands are closing their doors, Feel Golf Company, Inc., (OTCBB: ' FEEL | PowerRating') is aggressively targeting growth in its domestic retail business. Heading up that growth will be the new sales manager, Mr. Russ Williams, formerly of Yonex Golf. Mr. Williams and his team of sales reps serve "green grass" retailers as well as major golf retailers across the country.
By mid July, Feel Golf expects to have a complete network of sales reps covering most of the US market.
Sales of the company's two newest products have been on the rise, and the expanded rep network will promote both the "Full Release" reverse taper grip and the new "Lee Miller Signature" wedge line.
Feel Golf's Full Release golf grip was named "Top Discovery" when it launched at the International PGA Merchandize Show, and has been called "the first major change to golf in the last 100 years" by Publinks Magazine.
FEEL Golf has added a new salesforce to have a presence in the field. I am assuming these reps will be trying to secure endcaps and/or floorspace for Feeel products. The current strategy is too market grips and wedges as they are the most recognizable and profitable products in their current line.
People will notice the bargain basement pricing here. Good volume will help as well.
Good volume so far. Just need a little more attention paid to the ask.
FEEL has been issuing shares in the last month. We are assuming it is to pay for advertising in golf magazines and an infomercial currently airing on the Golf Channel (Dish Network Only) They plan to show the infomercial on all major cable and satellite networks. I did notice they are eliminating some debt through restricted shares. The bottom line to me is the current market cap is quite undervalued imo. As always, the market will decide.
Spoochy, it was not good. They need to raise funds or merge, as described in the 10q. There is good bid support (institutional) now so hopefully we can get some on the sidelines to enter. FEEL moves quickly when the ask is smacked and we could see a nice bounce. I am holding.
FEEL bounce alert? AC, you know I have been in FEEL for over a month and I have watched it go to the bottom of its trading channel. The 10q was out yesterday and was a bit disappointing. On the plus side Lee Miller, CEO of FEEL Golf has recently purchased 2.5 million shares at .024. Is she ready to bounce? The last two times we touched .01 there was a nice bounce. Link to chart attached.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53390323
A little burst of buying pressure now. Hopefully it will be sustained and we get our bounce :)
I sure can't wait to see how fast this moves once the .0059's are gone. Should be fun.
This should be an exciting day. Looking for the aforementioned bounce. Good bid support down here so let's see if the "bottom players" enter here. Looking for a big volume day.
I have been in contact with admin regarding our quote box. It is being sent to "the big boys" for a permanent fix. My quote box is currently correct. Are you seeing that other company still?
L2 looking good this morning. Is this the day we run? GLTA
Have a great day Mike, AC and all. See you later for some more screwing around. Green screens to all!
Beach has done a great job with the IFXY board and it has been a pleasure to add on dips there. The waves will continue to come to that company due to its excellent products.
Been here adding for 2 weeks and looking for more. Lot's of positives with PCLI indeed, including the faces here.
I am not judging you....just the outfit....to each his own :) lmao
Thanks for posting the IFXY news ali. The technology is quite impressive to say the least. Looking for great things from IFXY going forward.
Good morning $oldier and all! Me likey what I've been seeing here :)
Leno or Letterman...hmmm.....Judging only from the outfit I would put my money on Ellen :)
Great post river. Definitely looking forward to new longs entering at these levels. I have to admit I am jealous of those making a first buy down here.
LOL Mike. I can imagine someone dressed up like David Letterman following him around teasing him unmercifully.
Good morning $oldier! I am impressed with the technology on display here. Good news and thanks for posting.
Absolutely a good sport. This board is indeed fun and I enjoy chatting and reading everyone's comments. Great group here.
Disclaimer: I would never, and I mean never, post a pic of me like that. AC has stones.
Now that's a tag! I don't always stay in shape, but when I do, I prefer '80's clothes. Stay sweaty my friends
"stay green my friends" Good morning Mike! lol
Good morning Dave. I keep going back to Alive's chart and it looks like we are at the bottom of the trading channel and due for a bounce. Hopefully we see that today. GLTU.
Morning AC! or should I say RS? Priceless picture you posted buddy. The chest hair was a nice touch. lmao
Good morning everyone!
Good morning waveriders. Green screens to all this week!
Good morning vader. Let's get this thing turned around today. Hopefully we get some good news from FEEL soon. I can't get past the CEO buying 2.5 million shares. Logic tells me something good is coming IMO.
Good morning BC and all! Looking much better here lately :)
Good morning everyone. I have sent a message to admin regarding our quote box being wrong again. I received a message from them yesterday and they are trying to find a permanent fix.
Alive, I have to believe we bounce off the bottom of the trading channel on your chart. Thank you for providing it. I know some investors are concerned about the recent pullback, as I am, but if we hold the trading channel I believe we will be ok and bounce back to more comfortable levels. Buying pressure on the ask has always moved us up quickly so let's see if we get some "bottom players" entering at this level.
For the six months ended June 30, 2010, revenues decreased 14% from the six months ended June 30, 2009. The slow global economy and an uncertain financial sector have negatively impacted our sales and plans to expand operations. We intend on implementing a targeted marketing and advertising campaign in late 2010 and will focus on expanding sales of our highly profitable golf grip products as opposed to our golf clubs. However, we will require capital, likely in the form of an equity issuance or from a merger, if we are to finalize and implement our marketing and advertising plans. If capital is raised to fund advertising and marketing expenditures then our revenues could increase dramatically. If we are unable to raise capital then we will likely maintain revenues within a similar range as 2009 assuming we are able to continue operations.
The day is coming for this one. Still holding patiently.
That is a great point NLT. FEEL trades thinly and will bounce back if there is sustained buying pressure. If an MM was short due to the Lee Miller purchase they should be close to covered and may let us up for air. As long as the weak hands are out we will return to more realistic levels. The market cap down here is ridiculous IMO.
I am hoping for news at this point too TC. There are a few things we still have going for us. #1 IMO we are way undervalued at this market cap which leads me to #2 as was mentioned in the 10q: Merger target
In my opinion a large holder was selling for the last 2 weeks and we were walked down by those sells at the bid. I thought we would bounce when that seller was done but today's price has me scratching my head.
Was the trading that bad OP? If the flippers are out we may see a bounce here? Just wondering what your FEEL is since I missed today's trading.