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It's time to get out of this piece of garbage. Finally showing some profit but it's minuscule. Nothing will change the direction of this stock other than dissolving a couple hundred million shares. Greed at the top, so that will never happen. A reverse split will be sure and slow death. They would have to post a hundred million revenue quarter with a 10% bottom line to turns some heads. That kind of growth spread with this business model is a pipe dream. Shareholder eats it into oblivion.
Tste o.t.,
Hopefully you accepted my credence pertaining to CMG. I didn't short it, which I should have, but caught some of the late rally in Wynn. I had a feeling CMG Q1 was going to be ugly.
At least you know it's alive tho unlike ygyi. What a piece of garbage this stock and company is. No safety net for this turd. Timber.
Premium,
There is nothing to hold this stock up anymore. Looking forward to the Q's and revenue growth has failed. Profits are absorbed within and the Wallach's are treating the revenue as if it is their private stash while fighting amongst the upper tier as to their fair share. Not good. Shareholder communication has all but dried up and good faith holds no merit.
A reverse split would be slow death. Uplisting won't do diddly. Lack of volume prevents large block holders from selling without creating further devaluing and loss.
Screwed. My prediction is that we reenter the teens prior to next Q reporting. A massive merger or acquisition would change that thought. I hope to be wrong but doubt it. I've said it dozens of times....the mass dilution without an immediate use of those shares to exponentially drive revenue and bottom line profit has buried the shareholder. Wallach's pockets continue to fill while shareholders hold the bag.
Yup. Just a numbers shell game at that point.
Premium,
I'm not sure of your interaction with management but clearly they could care less about the stock or her shareholders. They fleece from within. They want a bigger army to drive revenues and steal their percentage from each sale. An uplisting won't do squat. Tell the Wallach's to relinquish a couple hundred million shares, then you'll see market faith. They are greedy pure and simple and will continue to fleece the profits with large one time costs showing up every quarter as their excuse as to why they can never post a profit.
The writing was on the wall years ago when none of the sales cronies would by stock on the open market. Closed door meetings I'm sure featured how the upper tier would bleed the profits and be awarded free shares with no need to buy any. The only ones pumping this stock are gifted shareholders or top tier management. Have them tell us again how horribly undervalued their stock is. Typical pyramid with the shareholder sitting underneath it.
There it is once again. No matter how much they drive revenues, they always find a way to absorb the profits internally. Zero shareholder benefit. Management and top tier line their pockets while investors wait another Q in hopes of change.
The company is improving every year, as the stock sits idly by. That is why longs are getting sick of holding. No correlation. No benefit to shareholders.
I ask you, what milestone are we waiting for? Higher revenues? More coffee contracts? A greater international footprint? What will get the stick moving and create some liquidity so larger holders can get out of this stagnant pile of promises?
The Twitter correspondence is ridiculous and immature.
The press release defending towards supposed unscrupulous vendors is overly stated and unnecessarily specific. It's no wonder no one wants to invest in this company. The internal workings sound like a bunch of excuse riddled housewives with chips on their shoulders throwing Twitter insults at each other. Every company will have undermining, disgruntled members or employees that will backlash towards management. Those battles should not be fought in a public forum or on social media with press releases defending that action. Petty, trite, and embarrassing. Wow, what the hell did I invest in. Shameful.
Good luck with that. This thing trades like my kids lemonade stand. Dead money.
That's funny, I've met a few Canadian friends thru my son's school and I jokingly called them Canucks. They took slight offense. Must be the sensitive East Coast types.
A beer at Sharkey's on Venice beach if this dog ever reaches 40 cent.
Positive attitude = kiss of death.
I've tried it. Then again, positive or negative, nothing moves this shipwreck.
If Hillary wins, I'm moving to Argentina.
So much for that.
Tste,
There's you answer. Very nice news and once again, very little to no interest in the stock. Massive float and MLM shell game will haunt us to death. Come on YGYI, wake the f up.
OT
My thoughts on CMG certainly were off. I still think there will be volatility, but you could have grabbed a nice 10% return over the past week or so. I missed out on 20% run up on Wynn too if that makes you feel any better. I'll go short soon and day trade a few of these, if this overall uptick continues for another week or so.
None. If the increase was driven by volume, I'd be more willing to believe it had sustenance.
No news that I'm aware of.
O.T.
Regarding CMG,
I think they are still operating in damage control mode and see this coming year as a down year industry wide with dispersed market share and continued overall market retraction. I would wait until 2nd quarter to see where they settle. Their numbers should be down considerably thru Q1 due to the bad press. With the overall market being in bear trend, you will have many opportunities to buy at these levels in my opinion. Their store-wide increase in pricing should alleviate some of the bottom line decline, but that could play against them over time in a down economy.
I've been watching the triple gold etf and Wynn seems to be holding up pretty well since Steve Wynn put his money where his mouth is. That's where I stay when I'm in vegas and the employees have been saying fairly positive things.
So yeah you can see I'm a big gambler. I played bio techs for a while and took a huge bath. For stability, I'm watching reentry levels of appl, amzn, Nke, v, sbux, oil.
I'm getting older so I've learned to start taking less risk.
From Green Bay originally. Now I'm in Tampa looking to open a new farm to table type restaurant in a rapidly growing sector and population. I wish I was a developer. Land and retail space is going thru the roof.
You got that right. Should create a new catch phrase for this old dog....YGYI, your safe haven in a down market.
Glad to see you averaged down. I think we will see those exit points again sometime this year. I'm moving out at least half my position near .40. With the decline in the market, some of my safe plays are looking purty enough for some reentry as they say in the south.
Broncos + 5 made me more in 4 hrs than YGYI in 4 years.
Have a good one.
More like a one legged turtle. I'll be back in diapers by the time she leaves the station.
oltimer,
I'm underwater a good chunk of change and think we are near the bottom so selling for me is not an option. That doesn't mean I see her going up from here anytime soon. It's still going to require management to address shareholder concerns before we go anywhere, and Q to Q they continue to feed themselves rather than investors. Patience....I feel holding for 4 years has awarded me the patience medal of honor.
Better questions for you is.....
1. Are you or have you ever been affiliated thru sales or any other with YGYI?
2. Have you acquired all of your shares of YGYI on the open market?
3, Have you ever received any compensation from YGYI in any manner?
I have fully disclosed all about me and my interest here. I sincerely doubt the validity of some of the others.
Good luck to you as well as I do believe we both have a sincere interest in seeing YGYI trade up.
Not on the wait, but they will show up if and when buying and share price increase. It happens every time there is run up.
Unless you have affiliation, you have to be sick. I can only say that the groups that tout management and the successes, must be given compensation either thru the MLM model or free stock. There is no way million plus share holders, that bought shares on the open market, are sitting on their hands saying everything is great. Bull$hit. That speaks to yourself, lakelife, apples, and oltimer. I'm not trying to start a board war, just stating the obvious. I see many positives but can't get past the fact that every quarter, administration drains the lizard and disperses the remainder to the sales cronies. Shareholder is starving.
Silence of the sheeple.
Going to have to wait another 3 months unless they announce something ground breaking or a large share buy back, I would say we are stuck in Mississippi mud. Thinly traded with heavy sell pressure. Dead money.
I'm a moderate shareholder....if I was a large shareholder, like some on this board, I would be lighting up shareholder relations.
Glty too.
Yep....huge margins in the coffee sector which is being gobbled up by the MLM business model. Internal greed will destroy the bottom line for years to come. Seller and administrative compensation will continue to grow as revenue grows. So much for the share holder. That is why there is very little interest in this stock. The shareholder will eat last.
Revenues are fine, this is the continued pyramid model problem...growing internal digesting of profits and increased administrative compensation.
Operating expenses for the three months ended September 30, 2015, increased approximately 21.5% to $24.0 million as compared to $19.7 million for the three months ended September 30, 2014. The main contributor to the increase was derived from distributor compensation which increased 20.2% to $17.4 million in the current quarter from $14.5 million in the same period last year. This was primarily attributable to the increase in revenues and increased incentives as distributors achieve higher levels.
I predict a zero positive market reaction.
Believe it or not, I am in agreement with your thoughts. An early morning Monday call is out of character and a positive in my book as it gives the market an opportunity to react immediately. Not much hype lately too, which I see as a positive. If insiders do know something, they are keeping it tight to the vest without any recent insider buys. Hopefully a huge over deliver on the numbers, although premium said historically, 3Q is a flop.
We'll see soon enough. This pig is due.
Just not sure as to why you didn't express your disdain for this group and their anchor on growth when they were part of the team. It appears as if your obvious effort is to put a positive spin on this occurrence.
Unless you are paid PR, you should be spitting fire at the performance of this company and her stock. Not long ago everyone was touting a .60 share price by Q3. Apples, oltimer, yourself, back it up with no facts. Not sure the agenda other than wishful thinking or pure pumping? There is clearly two sides to this board and the group running ygyi is making the trolls look like geniuses.
Two thumbs up Gfp.
Certainly some positives and a little life left in this old girl if they can avoid mass dilution and secure some funding.
Thanks for hanging around...your insight is valuable.
If it first to be unseen, unheard, or untouched, then it has yet to be uncovered and created the question of uncertainty of distinguishable sound. The first tree ever to fall without bear witness, likely made a sound of uncertain definition. We now know thru discovery or uncovering that the tree will most definitely make a recognizable sound whether or not man is around to witness it. However, things unknown, for instance deep within the universe, happen consistently with reactions of sound that we can't confirm. This in turn raises the question of possibility. Does man create the sound thru interpretation and discovery or is it defined and consistently heard by all existing creatures once discovered, uncovered, and heard? Do we all hear the same sound? Certainly a monkey will get out of the way of a falling tree.
Hell if I know the answers, I was a mathematics and business major. Facts...just the facts please.
Nice distraction from YGYI
Yup....why we invested moons ago. Too bad.
They should have stuck to jcof and worked hard to grow the coffee biz organically without the merger and dilution. I guarantee we would be far better off as shareholders today if that were the case. Oh well. Wish in one hand, shit in the other and see which fills up first. Instead we're in the MLM shell game.
GL tste
YGYI is the ground hog day Bill Murray of the stock market. They are exiled from normal stock market life and themselves. No matter what they do, the result is the same, month after month, quarter after quarter.
Call me when the story changes if I'm not dead by then.
Check.
Definitely a proper and necessary step in the right direction.
I've been griping that they need to build awareness and street cred.
Next, vacuum up a couple of hundred million shares and grow the company organically. Then you'll be rich premium.
Growth is reasonable. Coffee division proving itself. International MLM promises have been under delivered. MLM awards are seemingly pilfering the profits. Every quarter seems to divulge one-time unexpected costs.
I realize it costs to grow, however, quarterly expectations seem to under deliver. Certainly the bottom line is weak.
There is no buying interest or stability in the stock regardless of news. That is also on management. They appear to have no street credibility. That reflects their character and business practices.
I believed they were creating a sustainable revenue stream, which is why I've maintained my position, however, the street must see it differently. I believe lack of buying interest from the MLM cronies and sales force is telling as well. What are they telling them in these closed door meeting?
Free stock per performance? Fleecing profits?
There is no price support. 50% swings with their current revenue stream is ridiculous. I don't get the reason. Maybe you can ask them. Something is clearly unstable and suspect.
I enjoy the banter.
Selling 50% soon when buying volume allows and preferably at a closer to even exit point. More large investors should be complaining rather then cheerleading, then maybe management would do something about the ridiculous amount of outstanding shares keeping the lid on the stock.
The Q's have created no interest and that is very telling.
GLTYAW.
You can't be serious....they would be in SEC violation if they were privy to undisclosed information and buying stock on the open market. Even this management team wouldn't be that stupid. My guess is they filter themselves large chunks of cash or stock internally and pick up chicken feed on the street to show some good faith to mindless investors.
Your posts offer serious doubt to your credibility.
Let me recap....
You bought at the very bottom but disclosed that well after a substantial share price increase.
You hold well over half a million shares and continue to buy large blocks with no volume to support those claims during the times you say you're loading up.
You make ridiculous calls of soon to be share price doubles as if you have some knowledge of things to come, which never does.
90% of those forecasts have been way, way off the mark.
If you bought when you say you did, you could have doubled your money, yet you continue to pump and say that you're buying regardless of share price.
You don't make any sense to me old timer. You appear to have an obvious agenda here. At least premium vents his frustration periodically.
Yeah....I think we've been duped.
The coffee sector was hot. Had they simply focused on organically growing their modest coffee business into a larger scale specialty green and fortified coffee operation introducing K-cups and other specialty brands, there would have been no need for ridiculous mergers and free stock give always. And of course there would have been no need for the mass dilution which haunts us to this day. Proper expenses, revenue growth and profits would have driven the share price, instead of constant promises of what's to come.
The MLM division seems to be a window dressing for ways to distribute free stock and earnings internally while sticking it to the shareholder. I said months ago, if I don't see green by year's end, I will be dumping. I saw break even for a second, but I blinked and it was gone.
That massive pile of stock on the shelf needs to go away or this pig will be stuck in the mud for years to come.
Please tell me what loading up means. If premium picked up 70k, plus selling volume, not much can account for your loading up. I'm overly suspicious of your huge share holdings and apples constant preaching of golden buying opportunities. .60 looks like a pipe dream at this point. Buying interest and support is again abysmal.
They need to quit fleecing the guts and grow the bottom line in sync with revenue.
Waited 3 months for this reaction is pretty disgusting for any investor. Management needs to do something for the bagholders....and buying 10k share blocks on market isn't enough.
You mean bye, bye, bye.
Pessimists: 1
Optimists: 0
She gave away nearly all first Q reporting upside. Will need very strong numbers to run again. Low volume and lack of support is the common theme that needs to be broken. This is getting old.
You have a way with words. The apex will change once more numbers come in. It's all about fundamentals at this point. Future acquisitions and scrupulous management will garner price inflation. Waiting game.
Hey Sc,
I rearranged some assets two years ago, land contracted my higher end restaurant to a gentleman from Chicago and assigned a long term employee to the lead role of my casual themed restaurant almost a year ago. Sold my home in suburbian GB and moved to north Tampa last summer to seek a better climate. Traded the 4 seasons for 4 lanes of steady traffic.
I can tell you that the conservative midwest is growing from a retail storefront perspective. Many smaller, organic themed/eclectic restaurants have popped up in the GB area and seem well sustained. Brew pubs and micro brew handles have popped up all over town as well. Directly however, my sales are flat to down, but I am experiencing infrastructure growth construction near my retail property, which redirects storefront traffic and will always create a sales decline. That's my personal midwest perspective. My window viewing perspective from the Tampa area makes me feel like the bubble has just begun. I have never seen so much volume and retail spending. It's as if there are millionaires in every other car. Lines around the block at my local Starbucks, Mc Donald's and the like. Sit down restaurants full nearly every time we visit. Sport venues packed getting top ticket dollar. Huge growth around me in the new residential communties as well. High end auto brands all over the roadways. So it appears that there is much room to grow in metro Florida with a lot of international dollars showing up as well.
I hope you are doing well too. Where is your nest egg sitting these days?
F4T
Gfp,
Thanks for digging. All that for a measly 113k. Looks like it's going to be a rough road to secure funds at these levels, if not a dead end.
She was holding serve earlier on the year which lead me to believe some something was sustainable or near fruition. Apparently things have dissipated with insider liquidation. To salvage anything would be a win for me at this point.