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Whenever a TA is gagged, there is one reason: hide changes to share structure.
I do not have reason to believe that the share structure is phony. Volume and behavior doesn't support it. I figure you probably see it differently.
So, let me ask you this:
How many shares do you think are out there? Put a number on it.
Again, this is just for ONE product, through ONE distribution channel. To me, this makes the $153k non-deferred revenue reported for last quarter believable, and makes me believe that number should go up in coming quarters, probably significantly, as new products and distribution channels become active, and they actually start advertising.
It's already been proven that these numbers translate to around 5-15 sales per day.
Snorenz now up to #34 in Amazon's "Medicinal Sleep Aids" category (out of over 2200).
This is up from 89th place just before Amazon got the latest shipment, and up from the 50s and 60s, where it spent most of the last 2 days.
900-920k? What was last years Q3 again?
Alright, got the Alexa Pro Basic trial today.
It gives me reach and pageview % under the site comparison feature, and all in one display so I don't have to click around so much, so that's good.
The bad part is that they no longer give 1-month reach and pageview, only 3-month.
I asked them and they said 1-month stats for those are only available via the automated programmatic download service. Looks like I'll be de-rusting my coding skills after all.
But it's not TOO bad. The lack of 1-month stats just means I'll have trouble making projections now, BEFORE the end of the quarter. At quarter end, I'll have all the data I need.
2 weeks ago I wrote how all 3 sites were surging in the rankings. Since that date, they've all stopped their surge and pulled back slightly. Actually, VV has pulled back a lot, and OL and WOL only slightly.
Still, my early hazy projections are for just over 900k for the quarter (after returns), maybe 910 to 920.
Very hazy still, though. There's still a lot of September to go, and a lot can change in September.
Here's another copycat that started about 2 years ago, during the time when Snorenz was off the market:
http://www.amazon.com/Helps-Stop-Snoring-Spray-Ounces/dp/B001OI0YIK/ref=pd_sim_hpc_5
The reviews on this are very bad. Snorenz reviews are better.
Here's progress on Snorenz's ranking on Amazon since the last shipment arrived. This is rank among over 2200 products in the "Medicinal Sleep Aids" category:
Mon 9am: 89th
Mon 4pm: 76
Tue 1am: 63
Tue 10am: 60
Tue 1pm: 68
Tue 5pm: 57
Tue 7pm: 63
Tue/Wed, Midnight: 49
So in just 39 hours, it went from 89 to 49 in the rankings, just a few hours after Amazon received a shipment.
I think this must have been a bigger shipment, which Amazon is now promoting more heavily.
I've seen my Scottrade orders go out under CSTI, not SUNR.
I did not call Scottrade. I just tried to place an order via the online system.
It gave me the same result as usual. "Please contact your local branch about placing an order on this security."
I still can't place an order through Scottrade.
For those who want a summary, here are the key restrictions on company buybacks:
1) On any given day, they can only go through one broker/dealer
2) They can't make the opening trade of the day
3) They can't make any buys in the last 30 minutes of the open market.
4) They can't buy above the bid, except if the last independent trade was above current bid, in which case they can buy up to that.
5) On any given day, they can't buy more than 25% of the average daily volume over the last 4 weeks.
So, they can only buy back in the middle of the day, and mostly via bid-sitting.
They can only slap the ask when the ask is at or below the last (non-buyback) trade.
So think about how little they'll get to slap the ask: if someone else slaps the ask, and the ask does not go up as a result, THEN they can follow and slap the ask, but if that drives the ask up further, they have to stop.
If market makers can keep the ask above the last trade, then their only option is to bid-sit.
Of course. EVERYONE knows that. That goes without saying that PPS is what directly determines whether you gain or lose money.
But how can you tell which way the PPS is going to go next? short term? long term? That is the question.
Are you saying that technical analysis is the only way to go?
I think TG's point is that technical analysis is great for short-term trading, but BRAV is a case where the fundamentals of the business are speaking louder, saying this is a long term winner.
You got it on your last try. Very funny on the first one. Nobody's gonna listen to my rules!
Search this board for "buyback rules" and you'll find links like this one:
http://www.ehow.com/list_6735147_share-buyback-rules.html
Quick answer: it's about the SHARES, not the LIKES.
hey man, I looked at that July 31st post...although it had much more likes than previous posts, it was only 316 likes compared to the 12k+ likes the fan page itself got...still cant see how on earth this thing is rocketing up still after that post over a month ago...wouldn't the post get almost as many likes since its what's causing the total fan page likes to go up?
Speaking of Amazon, after the last shipment ran out, Snorenz's ranking fell from the 40s down to 89th in "Medicinal Sleep Aids" category, out of 2200+ products.
Since the last shipment arrived at Amazon, it has been steadily climbing, getting up to 60th in the last 25 hours. We've seen this kind of surge multiple times now.
There is definitely a surge in the rankings whenever a shipment first arrives at Amazon, leading me to believe that Amazon indeed DOES promote a product more when they have a lot in stock.
Also, a new 5-star review just posted today:
By Jan in Pittsburgh "JaninPghPa" (Pittsburgh PA) - See all my reviews
Amazon Verified Purchase(What's this?)
This review is from: Snorenz - Original Anti-snoring Spray (Health and Beauty)
I got this for my partner. If you shake it and use it as instructed, it really does work! I can finally sleep!!! And it works better than SnoreStop and is less expensive. It's a miracle...thank u Snorenz!
Volume has been too low for any significant dilution.
The share price is low because of doubts about the deferred revenues more than doubts about the share structure. I think most are confident in the share structure.
You completely misunderstood. Read the post I just made about restrictions on buybacks.
There are significant restrictions about when and how shares can be bought back, and how many can be bought back. For example, they can't go over 25% of recent volume, and they can't hit the ask, except in very, very rare circumstances.
So, no, they can't buy the price up to make it rally. That's exactly what the rules try to prevent.
What are you talking about, I am talking about the 5.6 mil and 7.1 mil in deferred revs. All that has been paid already.
"TheCompany considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the sales price is fixed or determinable, and (iii) collectability is reasonably assured."
You missed this one in Australia:
http://www.fishpond.com.au/Health/Snorenz-Original-Anti-snoring-Spray/0632246202025
Oh, I see!
I see 2 new models, and they both look very nice.
One has a kind of pouty, better-than-thou look.
The other is just gorgeous, and more of a friendly look. Definitely my fav so far.
The story just keeps getting better.
I'll be signing up tomorrow to get the September numbers. Some things to note:
Info is usually updated daily on Alexa, around midday eastern time, for the day which ended 18 hours before that. So, today's update would be for the end of Saturday, Aug 31st. This is why I'm waiting until tomorrow to sign up. On the 3rd, I'll get data for the 1st.
Data I gather:
3 month world rank (rounded to nearest 1000)
1 month world rank (rounded to nearest 1000)
1 month USA rank (to nearest 100)
3 month reach
1 month reach
3 month pageview %
1 month pageview %
I skip bounce rate and pageviews per user. They go up and down seemingly randomly, and don't correlate much to overall activity. They might give some info on conversion rate of traffic to sales, but over time they're less valuable than the other stats, and one of them is like a ratio of pageview % to reach, so I don't bother to track them.
When the rank gets high enough, they give 1 week ranks, and even higher, they give a daily rank. That only happened at the peak of holiday season for OnlyLeggings. Those aren't as necessary, but I still like to get them.
For ranks under 100k, I get to the nearest 100, else to the nearest 1000.
Sounds good to me. Thanks for coordinating.
First of all, when talking about Buffet, I think you meant split instead of reverse split, but that's beside the point.
The reason the stock price came down so much was not because of Danny announcing things and then changing his mind (hey, he's done that all along, and used to do it a lot more), and not because of a bunch of "random shmoes" saying things on the board. It came down because people's expectations of Q1 had gotten overly high, so the rise in stock price from under .004 to over .02 went a bit too far and reached as high as .03. Then when the actual results came out, it came back down to about where it should have been, then, in my opinion, overcorrected on the down side. I think a more reasonable range for it to correct to would have been .012 to .015.
This is just your basic volatility in a young, fast growing company's stock, exacerbated by overly high expectations of Q1
That other stuff you mentioned had very little effect on this up and down share price, IMO.
3.) cause of ol fb increase in likes
I've been too busy with other aspects of my life to dive into the coding needed to get that info programmatically, through their web services, and I'm not even sure I'd be able to get it, as they say historical reach and pageviews are only available for stocks whose rank is < 100k.
I'm hoping I can programmatically get it for the most recent day, at least, no matter what their rank.
I'm planning to do a 30-day trial of Alexa pro starting in a couple days, so it will take me through Sept 30th, so I can make the projections for the end of quarter.
Hopefully, I'll figure out the programmatic stuff by then (end Sept).
Exactly my point. There are no real CEOs that behave like MDINs unqualified "leader". But he's perfect for Pennyland. When Ray needs to refresh the scam, he'll toss Nick aside and start over.
But they don't "hope" for revenues or "hope" for a deal to go through. They make those things happen or they lose their position. CEOs in Pennyland revolve to refresh the scam, every few years, so the company can claim a reboot.
I have seen multiple other public companies that do. I'm surprised you're not aware of any.
It's not the best strategy to express hopes, but it happens.
There's a fine line between informing of strategy, and expression of hopes.
Nick has given us both. He needs to learn to cut it back to just discussion of strategy, and to downplay hopes.
YES, he said they got paid... FOR THE PRODUCT THAT THEY SHIPPED.
He never said HOW MUCH product was shipped.
He never said HOW MUCH they were paid.
You seem to be assuming that they shipped the full amount of the contracts. I do not believe that's the case.
I think they sent partial shipments, and both sides are happy with partial shipments, as it's less risk for both sides for them to try to sell the partial shipment before getting another shipment under the same contract.
If you have evidence to give us a clue as to what % of the deferred revenue distribution deals has already shipped, please, I'd like to see it, because right now that's a big unknown, a big question mark.
Shipment arrived at Amazon!
Amazon has Snorenz back in stock.
In Stock.
Sold by MedGen Health Products and Fulfilled by Amazon.
Yes, Amazon has sold out again.
The "Fulfillment by Amazon" has once again disappeared from the Snorenz page, which means they sold out. Let's hope they can get that big shipment in to Amazon right away.
Going to the link you gave, the only statement about how much they had in the bank was this: "I can say that there is a substantial amount of funds in the bank but we can't show it anywhere because under accounting principal it isn't ours yet"
All he said was "substantial amount".
Never did he say how much. I have not seen any statement from Nick saying they got all $13M of the deferred revenues already. All I've seen is the line above, and a line where he said they've gotten paid for what they shipped.
I'm guessing that they shipped less than 10% of the amount those deals are worth, and that they have only about $1M in the bank from those deals, and spent some of that on the buyback.
There have been a lot of things claimed to be promises that were never promises, just hopes being expressed, or at best, guidance.
Claiming $13m in the bank considering there is not product on the shelves in any major retailer is ludicrous.
Good calculations, except that most of those shares were bought back in the 20s, 30s and 40s, so the average was probably around .0030 or a little higher.
So, that would be over $400k spent on the buybacks.
Some of that deferred revenue must have been used. Nick claims that some of the deferred revenue is in the bank, and just can't be recognized.
nick use the word dividend
he also said no dilution for 2 years and he issues close to 500 million more shares weeks later , tell me nick never said or used those words , i'm not stupid enough to swallow that nonesense you call missinterpretation .
Seems to be a bit of contradiction here.