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DKAM: Obiously you are a novice at best. If you were paying attention, you would know the company has already sold more in 6 weeks of this quarter than their best year as a company. And in that year, the stock was $3.50. The Kid Rock Beer orders are coming in so fast, the company cannot keep up. And to think, only two states in the first release in a couple weeks. So, sales are heading over $100 million when all this M&A news flushes out with all these new sales. I appreciate your input, now move along.
I wouldn't know. You're the only one that knows every word I've ever said. All I know now is how the sales are going over $100 mil. After all, when you propose it, you would expect nothing less than it coming to fruition.
Let's not allow this to get any further twisted around. That is the game right? PK said the sales would be $4 million this quarter through the Shareholder Letter and the PRs that were released. I merely used a calculator and added them all together. Oh, I get it now. I pumped numbers into a calculator. That makes me...
No it won't. Has absolutely nothing to do with it.
Yes and I pray we find some more sellers here. Anything to get them out of the stock. Now that we know what Kezzy knows that the revenues are going over $100 mil on what is in the door. Forget baseless pumping. I'm glad we were able to witness complete orchestrated manipulation of a large position for a run up while bashing the stock.
Glad to see you finally heard what we know. See you there. Make sure you wear some kind of special flowered shirt so I can call you over to take my drink order.
The Final Four is in Detroit. Seems a fitting place for some drink introductions.
A week from now, you will have a whole new respect for St. Patrick's Day.
DKAM: Stock is going over $.60 for 400%. Largest one day percent rise for the company yesterday with a break above both the 50 and 200 dma levels on 1.5 times volume. That is the beginning of a big run for big profits and not anywhere close to being overbought.
Predictions for 30 days? Well, we must be going out of business, of course!. After all, the stock was $3.50 on $5.5 million in sales in 2006 on the heels of a $2.2 million quarter. Now in the current quarter, sales are already $6 million, Kid Rock Beer is only in a 4% pre release status, and the stock is 96% below those levels. That is why we're supposed to listen to the fact it is going lower and what the company did in sales 4 months ago during the worst economic downturn this country has ever had is way more important than what the company is doing today and tomorrow. Apparently, two years of being beaten on deserves continual beatings no matter that this is the beginning of the biggest run this company has ever had.
I would be careful selling into the first day of the biggest one day increase this stock has ever enjoyed. History has always proven this to be a precursor of something big coming. Being so close to an earnings report makes you believe somebody knows something, or that there is news surrounding this company that has brought it front and center. That is of course unless you were the one selling at .14, .15, .16, .17, .18, .19, .20, .21, .22, .23, .24 for the past 5 weeks that has been blocking a move like yesterday before now. Then by all means, continue telling everyone they need to be careful and anyone who is positive about the great prospects for this company is doing everyone else a disservice.
Trust me, pure coincidence. I said it several times and nobody listened. They would rather scream pump. The stock took off because people are beginning to realize something fundamentally has changed for the better at the company and anywhere down here is a dramatic discount to where it is going. So, you buy. Not many people got shares on the bids today as it should be every day. If you want to buy the stock, you just go buy it. Buying creates momentum. I would say 50% up in one day, and the best single day rise for the company would be classified as momentum.
Never, first time ever. I wonder why? :)
A little deductive reasoning. "Complex acounting issues." We posted a lower quarter last quarter and the quarter before. No delay. Haven't ever cited complex accounting issues before. The Olifant acquisition was back in January. If it was in issue, it was an issue then. Something NOW has changed the company that none of us are aware of. In almost every case, people always know what is in these filings BEFORE the rest of the market does. Somebody obviously found out something great has happened to dramatically change the face of this company and the stock reacted beforehand today early. That means it is only going higher.
Of course, there is the flip side that will easily gather legs here. The calculator batteries died and they are on the hunt for 4 triple A's.
Actually, with the statement of "complex accounting issues", I think your statement should be "as we add more COMPANIES". But countries works also. All the same. Exponentially higher sales either way.
Wait! You might want to strike those targets. They aren't in a filing anywhere therefore the current price or where it is going to the upside cannot be relied on until the information is three months old.
:)
It isn't the end of the day that much matters, or even this week for that matter. Probably above .60 by week's end. It isn't the earnings. It will be the conference call IMO.
LMAO earnings. OK, you wait for that.
DKAM: The explosion to the upside has begun. 200 break with volume and this sales news is the catalyst. See you at $5.00.
Somebody actually paid attention. Buying the ask. What a novel concept.
Nope, it isn't. If we increased sales by 1000% as they are saying, then up 25% seems about normal.
Uhhhhh, reality check friend. Keeping in check? Actually, I thought they were here purely for the half time entertainemnt of it all. I have this vision of 15 guys(alias') all fitting into one teenie, tiny car. Thank goodness the guy with no teeth runs the show and they go on to the next town when we get tired of them.
Because of one simple concept that nobody will ever understand until they do. Which I really doubt for most will ever happen. Putting in a bid on a stock does absolutely nothing except provide a floor for the stock; it slows the decline. The only way someone who bids a stock gets ANY shares is when a trade is executed by a seller. While they have shares now in their account, they have done nothing to provide momentum. They say that this or that stock has "Buy Interest" on Level 2 or Level 3. The only way a stock has buy interest is when people go in and buy it. There has never been a stock in history that has gone higher because 1 or 500 people put in a bid on it. The only way a stock goes higher is to pay the ask.
The unfortunate factor is this stock is controlled by retail, and that lot of players would much rather know they saved a 12% spread by putting up a bid and hoping to get bought rather than ACTIVELY buying the stock, which is buying at the asking price as a prelude to other buyers doing the same. That then takes the stock price higher. There is no other way for a stock to go higher. None. Nada. Nil.
It won't matter though anyways. As Johnny said, it's all good. I have a very good feeling that very soon many new players will be putting in their "BIDS" 5-10 cents above the asking price and hoping they get something....anything... before the price runs away from them.
That of course will include the flip artists that are left staring because they sold and want their shares back, and then some.
I'd like to say I feel sorry for them, but I never will. I will be laughing uncontrollably.
Actually J, we do that every conference call if I'm not mistaken. We always have an oversupply of wine on hand. It goes so well with a double side order of complain greens and corned beef bash.
Like a fine chianti!
It's not a communication delay by any stretch of the imagination, only by those who pervade the worst and expect nothing from their efforts. This company has filed a week late as I noted on many occasions. It has nothing to do with "the news" being good or bad or shareholders getting their hand held at a certain time like a bottle feeding. It is and will always be one of those things where the company has to come to a grinding halt to put out a report on things in the rearview mirror from activities 3-5 months ago. At the same time, who knows, let this full moon and Friday the 13th do its thing for someone else. The 20th would be right in line as was said and everyone should have a good idea on how we stand at that time.
I said it could easily be delayed because of material company changing events, like it was with the earnings in 2006 when they booked their largest sales quarter in company history. The company has many times delayed earnings by a week for various reasons. This time, once again, they have every reason to....because DUH....company changing events.
Highly odd for everyone out there, that the stock, as was so eloquently stated, has only traded 700 shares today. Yet, the instant I offer a positive implication for the company, the ONLY post on this forum today, I get bashed twice within 10 minutes. and now repeatedly. Sure seems in my professional opinion that far too many people with no position in this stock are working overtime to make sure it doesn't go higher.
That's how we know it will be 1000%+ winner.
They always have. Look back to 2006 when they delayed. They cited huge sales in Trump Vodka and the stock took off then from 80 cents to $3.56.
Yeah, they were running for the exits on the delay. Major red flag for sure when a stock goes up and only the important people are in it.
Well, this might mean something. We should have had a PR by now for earnings. So, between now and Friday, I expect to see a filing delaying earnings for a week, and they will cite the exponential sales in Kid Rock beer taking up their efforts and resources as the cause. Stock will take off flying.
None yet other than beer. Nick is only talking to Patrick and vice versa.
Sean Combs on Ellen promoting all his products. We should have ours solidified now with Kid on Ellen promoting his new beer and a case goes to everyone in the audience. Stay tuned. Just doing my part for the grass roots effort.
Each of the distributors who have ordered handle between 2500-3000 retail accounts and they are "allocating" 30 cases per store to start with immediate re-orders to follow. Welome to Big Boy playland.
Let's try this from each end of the spectrum and then we'll meet in the middle. 25,000,000 Yahoo hits indicates more than just a passing interest in Kid Rock Beer. More than a flash in the pan. Now, for the sake of argument, let's weed out the shareholders who check it every day for news, and those media types that are constantly combing for a story. Let's leave it at the true fans who are sincerely interested in seeing the beer and drinking the beer. I'll lop off 2/3 of those and that leaves us with roughly 8 million true interest readers that "could try" or "will try" the beer. That is more than fair. Way more than fair. Trying the beer for sake of argument is a case per person over the course of a year's time. In this case, I'll be more than fair and say some will buy it by a bottle, or on draught at their local tavern. So, once again being more than fair, we'll trim it down to a six pack per person, or 2 million cases. At 2 million cases, that is $24 million in revenues.
On the other side of the spectrum, we have pre sales numbers that are approaching 500,000 cases in TWO states. Just two. The biggest two at that. If two states are already ordering a half million cases, then what's to be said of the other 48 states? Or abroad? It's easy to see that our watered down 2 million cases based on confirmed interest in the brand may not be so watered down after all. But, we'll stay with out 2 million cases for now.
Patrick guided for $2 million in sales as he said, "conservative." The price of the stock is supposedly valuing the company now on that $2 million in sales. But, not at all. The price of the stock is currently valuing Kid's Beer sales at zero. None at all. Drinks will not be able to get the product to market. That is what they've done here. A travesty in one respect; the goose that laid the golden egg in another.
$24 million at one end of the spectrum. Zero sales and the current stock price at the other. Somewhere in between is a 700% increase in revenues and a dramatric move to profitability. You have to wonder how long before everybody and his brother realizes there is no way of denying this situation. The stock is going to fly with reckless abandon.
They didn't have a choice really. It was slated to be a measured release from the Midwest to each coast. However, just one distributor only wanted to place a monstrous order with more to follow. How do you tell them to wait? After all, it is Hollywood and all.
I guess that would be "anal"ogous to telling all would be shareholders and current shareholders that they cannot rely on the current things the company is doing which is indicating the greatest success the company has ever enjoyed. They have to rely solely on what is in the filings of past events and focus on sales from the end of last year and prior to that.
They do, Cold Springs, Latrobe, and High Falls. They are fine up to about 6 million cases a year. After that, they'll have to go to St. Louis.
Do you need a foot massage with that also? WTF
Supposed to be this Friday.
Patrick was called on that Bobby Mason quote of 100K cases per year. It was already addressed here. He was like a deer caught in headlights with the press hounding him that one, all press goes through Kid's people and Drinks Americas, and two, the rubber hose beatings that you don't tell the press 100K cases of beer when Patrick has already guided for a minimum of $2 million in first year sales.
He was also asked to put something out to fix it. His response was that there will only be a handful of people not worth worrying about that would notice the 100K cases. There will however be an entire nation that will notice a blow away number well above that 100K cases.
As far as the other item, 744000 cases per year. As was stated earlier though, the outsourcing for the excess demand has already been handled.
DKAM must read! We have preliminary sales numbers hitting from the VP of Sales that show the Kid Rock beer sales are through the roof in the first three weeks of distributor sales. Two states, Detroit and Michigan, slated for the first release are at 300,000 cases. That is $3.6 million in sales for just 5 weeks into the current quarter, plus their Olifant Vodka sales surge puts current sales at a minimum of $3.822 million; representing a 47% increase over the company's best quarter ever; and representing a 600%+ increase in sales over the previous reported quarter.
The stock was at $3.50 when they reported their best quarter on assumption that Trump Vodka would do $50 million a year in sales. Kid Rock Beer is now tracking $100 million a year in sales.
At some point the "DUH" factor takes hold and people load up the wheelbarrow full of money.
This dern caluculator just isn't working right. The VP of Sales is telling you that we sold 300K cases already. That is $3.6 million booked in this quarter. This goofy calculator is saying that is 38% above the best quarter ever booked for the company. But the CEO just filed we sold $220K in Olifant sales. That is $3.822 million for this quarter. But wait. We're shipping Israel. We're releasing cognac and sparkling vodka. I'll be back. I'm heading out to get a new calculator that can measure the idiot factor.