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okay - what did you actually hear?? anything worthwhile?
yes...please explain...
Also forgot that they are talking to financial market experts regarding move to big board...!!!
Some Quick Notes from CEO meeting
• $300-$400 million market
• Commercials 1st of Dec
• Christian radio: end of week
• Church marketing; 85,000 letters sent
• Walmart won’t let them tell announce sales figures
• Also selling in Puerto Rico
I am connected but hear nothing...anyone else?
Did you also see that Charlie Church Mouse was listed there as well?
http://www.walmart.com/catalog/product.do?product_id=15384789&findingMethod=rr
CORRECTION: Green!
looks like we may be bouncing back???
Per Troy, they are both coming out next week.
should be next week!
Ah - never said I was... but then I have no agenda, I believe that the stock is going up to new highs and I am sticking around for the ride...just hate to see a drop to cause people to sell into fear...
Care to share your reasons for your prior post regarding future of LFBG??
The ASK may drop today...but the volume will correspondingly drop as well....I am still very bullish on LFBG, but we may hit a bit of the bear for right now...
Huge amount in % or volume???
Considering it is common to have a multi-day retreat after such a huge growth...you are not exactly prognosticating anything significant....
the question is, "is this the same situation?"
if this is a different situation, then the past is not 100% relevant....
but i can appreciate historic reference/perspective...
Reason is in the eye of the beholder and based on what you want to see or be told....
NITE and ETMM just dropped the ask to .0082 and the bid to .0081
Stalemate at .0083
68M+ shares traded....nice low volume consolidation....
it is open
If the L2 is to be believed...we may have hit our bottom....the ask is stacked at .0084, the bid at .008 and lower....let' see who blinks...
Ah - so there is a little red and the "i told you so" people start coming out.
1) Volume is markedly less than green days and will continue to be less if pps falls.
2) The 8 and 9 walls are broken and remain broken as long as volume stays low, meaning people don't sell into the red.
3) This is a break after a solid growth trend from .001 to .0112!!! Think about that.
There are all sorts of claims as to why the ride is over, etc.
Note: NONE of them KNOW anything. Theirs are just claims.
Here is fact: Walmart IS SELLING product. Go online, go to the stores and they are there....
Revenues, regardless of what anyone says, are coming. Revenues that the company has NEVER EVER EVER had.
Sell now if you are nervous, want to move on, etc. but note that this company is finally positioned for SUSTAINED growth, SUSTAINED revenues. Without a doubt 2011 Q1 will not be as profitable as 2010 Q4 but I will bet the numbers will be better than any prior Q1 in company history, and that is what wall street likes to see.
Just saying, the days of manipulation are ending and the days of fundamentals are coming for LFBG.
Share structure is one of the most over-rated factors. Dilution is also over-stated. Could be that they sold shares, but why?? To fund what they are doing now and going to do next year. I will take that any day.
Which would you rather have?
Option #1: A company with 2B share structure, minimal revenues, growing debt, no nationwide contracts
Option #2: A company with 5B share structure, growing revenues, Walmart national contract and Top 5 Christian stores national contracts, stabilized/reducing debt (revenues means they can pay off debt...)
I wish everybody the best, but short term/long term, this company is growing. If you don't like this company, show me the sub-penny companies that are better positioned for growth/success.
Wrong (not to be rude)....LFBG directly shipped to each store as per PR. They did not use Walmart's distribution system.
If your store claims to not have it either:
a) they don't know if they have it or if they ran out
b) they were not distributed to which would conflict with LFBG PR that ALL Walmart's received product.
My guess is that they don't know and don't care to help you which has generally been my experience at Walmart which is why I never shop there.
A red day and still a positive attitude!! Nice.
A sign of people who know the ride is not over yet....not by a long shot.
Great volume!!
Well....we may be red, we may be green today...volume is good...and gap filling is healthy. If you tracked this stock on a daily basis like I have been doing, you would know that we traded somewhat lightly in the .008s-.009s. Don't know if the reason is that there are no shares to be had or if it is because we gapped...either way, we are in a tremendous position for next week.
Don't get spoiled with green or panic with red. GLTA
agreed....we still don't understand the scope and impact that this is going to have....
With the churn we have had, the common crash is unlikely...
Dip buying always a smart move...
As far as selling...always need selling to have volume...volume creates interest, brings in new money...new money means sustained growth...just as long as buying demand is greater than supply.
Let it churn...I am quiet happy with a churn every 15-20%+. Just creates REAL platform/base which helps reduce risk of a sell-off/gap-down.
Let's see what volume looks like.....
that kind of sustained volume is not solely retail buying....we are talking about $2M in trading. that doesn't come from the average trader....that has to come from some bigger sources than us.....just hope they stay interested!!
bury no but not sure of importance. there is a group that takes issue with the game. that is not news. walmart knows that there will be issues but does not care. that is what matters. walmart would not stock every store if the game would become too controversial.
IMO there is minimal risk for the next 3 weeks. The question for me is "What does Troy have to keep interest in December?"
Found the game in the Walmart in North Miami Beach, FL!!!
I want solid financials: Q3 actuals and Q4 projections
All: if you are going to post where you are finding LFBG games, please look for the NEW versions which is what they are pushing. I have seen a lot of posts with links to websites that have the prior versions which are not relevant to us.
That kind of stuff hurts credibility...
I didn't sell...just saying can't blame others for taking profit...
A profit is a profit. Never fault someone for making money.
Quick Math
485 Stores * 68 products per store (avg.) * $21 sales price (avg) = $692,580
try http://www.otcmarkets.com
then type in LFBG
Negativity abounds here...
Let's see:
1) Court case: I am sure he can't say anything and, based on what has been found via great dd there really isn't anything to say.
2) Warehouse: They made it clear that they have options but are going after a particular option that isn't really looking to sell so it requires additional time/patience.
3) 20% buyout: We know that someone is interested and will jump in, but likely not going to jump in officially until a warehouse site has been decided on. If it is BEEN that is buying the 20% stake, why would they finalize the deal before the warehouse deal is completed or about to be completed?
Find another stock to think about and come back here in 3 months.
Anyone looking at this stock and deciding whether to get in or not. Anyone concerned about whether it is too late, just think about the following:
1) Accumulation on the way up has been steady and active. Volume for over the past month has been consistently high. LFBG has been Top 10 most active OTCBB for over a month, often in the Top 5. That means that there are no gaps as we have moved up.
2) News is coming:
- 3Q results: best in company history
- 4Q projections: going to blow away historical figures
- Financing: external funding for growth plan
- Cloud9 integration: plan to leverage Cloud9 platform (technology and sales) to grow the business
- others
3) Growing interest and exposure. This buying of shares is not coming from iHubbers. It is coming from varied sources which are growing as LFBG gets more recognition. A stock with all the factors listed above eventually catches the eyes of institutional investors.....
GLTA
That's really unlikely considering current circumstances. If it ever hits .005s the demand will push the price up. At worst case, there will be a stand-off in the upper 5s because as much as the bid may be at 5s the ask will be at least in the mid 6s.
There just aren't a lot of shares in the 5s available....