FNMA ... Money in the bank
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So it did touch the $4 dollar range today. Nice. Next week people will be hoping to see $5 again
Looks like we hit $4 range today
What makes u say that
U called the 4 dollar range didn't u...
Smart man
Thanks for that article. It really put things in perspective. MP needs to focus on getting their costs of goods sold way down.
Here's the sad part:Optimum Nutrition and BSN owned their own facilities to keep costs low
MP doesn't
Will MP buy a facility to produce their products...???
what's with the big drop today
Here come the .004's
Oct 1-Dec 30 Quarterly report is due on Friday.
I will say that if you get in around 4 to 4.50, you may make some money in long run.
I personally won't be buying in until I see the major 4th quarter loss and see a bit more dilution, most likely from more preferred shares.
JLTG mentioned in past that he believes there will be another 10 to 20 million dollar offering of preferred shares and dilution.... I'm going off of memory, please correct if wrong.
I mention him because he is a shareholder and has significant investing experience.
In a one year period during 2011 and 2012, about 300 million Outstanding shares were changed into 2.4 Billion.
8x dilution last year. You had a piece of pie and now you have 1/8 of a piece of pie
What makes people think history isn't important?
Would you date an ex who cheated on you several times?
Would you let your children around sex offenders?
Would you give money to people who won't ever pay you back?
Would you invest in a company that historically burns shareholders for the glory of 3 individuals and that controls all voting rights?
Only the beginning. This is only a technical bounce. soon people will notice fundamentals. Also any good news will propel this baby out of the water.
Thank you for the explanation. If you look back in 2011, many of the other companies MP dealt with were paid in shares. It's been an ongoing event to pay with shares. I can't even imagine how big the losses would of been if they used cash or debt.
Using shares to pay bills makes the balance sheet look a lot better than reality
This is my research project for the evening. Maybe jltg would know
Good luck to u
Sweet, they had to let the CEO go because of pps huge decreases. Now we got the original guy.
Wouldn't be surprised to see pps double in next 2 months.
Possible 28 million dollars of share buyback....bring it on
Please explain, i am really trying to learn.
All companies have the ability to sell into open market up until authorized limit.
Why is this different?
I'm confused, why are they not able to sell as many shares as they want up to the authorized limit.
They are already authorized to do so and there 51% voting control allows them to do this
well it still feels like a penny stock that had undergone a 1 for 850 Reverse Split. ooohhhh wait. It did
whoa, what is happening right now... is there news out???
I am still watching this. I bought 10k worth of skull candy this morning at 6.22 and am already making money.
I don't know how much lower this will go but I'm anxious to get back in when the pps is right.
Why do people think there will be a HUGE LOSS?
Well, it looks like i'm already making money..... weeeeeeee.
And I love talking to myself. Oh well. haha
I believe the CEO stepping down is a sign that the new CEO(the original of SKUL) is going to bring shareholder value.
A big reason they missed their target is because a major retailer of their's that they dealt with declared bankruptcy so over a million in sales wasn't paid for on that deal.
The market cap is very close to the Owner's Equity of the company right now. This should be 2 to 3 times the current pps. Still about 93 cent increase in pps based on net income over the last yr.
I just bought about 1700 shares today at a price just below 6.22
Is there anyone else holding or watching?
Great news, the otc limited has been changed back to current status
More dilution coming shortly
When is next quarterly report due
Can someone post a link directing me to financials, thank u .
Go to west side barbell.com
I have seen many wearing the shirts
Ok, thank you very much
Reading the last 8k, did they have another offering for 7 million?
Why has this began to take off? Is it because APPLE is deteriorating
Can anyone explain what was so bad about conference call and quarterly report that resulted in a 20% drop in pps in a day. Thank you.
If they begin shipping to gnc, that will be big news.
I will still be watching
Why do u say that
SEE POST 16095 and 15242
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82490459
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81212434
On the right is a box you can just type in the post number
This is my last post I can make so I can't respond until midnight.
This was 3 months ago:
I posted that they had vendor number and were talking with GNC.
All i'm saying is this PR is just a planned dump of shares. This information is way old
best of luck to all. I didn't mention this early because i thought it was going to make us all money. GLTA
SEE POST 15242
Called up there today:
Ceo owns the facility in Michigan they use to produce products
Facility is approved by GNC
GNC and vitamin shoppe have given them details as to what they want to see in there products
They do have a vendor number with gnc
Cenergy line will be on a-z-nutrition.com, supplementstogo.com, and a few other non owned sites, including a major one for the UK
Products have been made, just waiting on labels.
As you know, I have spoke to Joel and Bill. Joel is the x CEO.
I posted that they already had a VENDOR number with GNC . I will find the post. They've had a vendor number for months if not years.
I sold all today because the PR is pretty much a lie, or a deceptive way of getting buyers because they need money.
Chart is stellar
that's really good right?