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You are absolutely right on every point. Musclepharm is no longer a growth company. It is contracting at an accelerating rate.
If they ever become profitable, which is highly doubtful, it will not be because of growth. They missed that opportunity.
No growth equals continued stock price decline.
The stock now is at a pre-split price of 0.0023. 2/10s of a penny.
Looks like another scam by Musclepharm. They certainly are not the only nutritional brand that certifies the final product through Informed Choice.
There are about 100 others companies that do so. http://informed-choice.org/registered-finished-product-brands
Why would Musclepharm claim they are the only one?
Informed choice is nowhere near as stringent as NSF. Musclepharm was kicked out of the NSF certification program and subsequently sued for fraudulently labeling their products.
I have to agree. Ryan Drexler has been awesome for my short position in MSLP!
MusclePharm slashing jobs, seeing revenues plummet!
http://www.bizjournals.com/denver/news/2016/08/10/musclepharm-slashing-jobs-seeing-revenues-plummet.html
Musclepharm sales plunge $10 million compared to last quarter. Second quarter year over year down almost $20 million - over 40% decline in revenues.
Hasta la vista.
Hm, yes they have.
43 federal lawsuits and 26 state lawsuits.
Yes you're exaggerating. Not even remotely close to every single supplement company that ever existed.
And while you are counting lawsuits, Musclepharm has bee involved in over 65 lawsuits. SIXTY-FIVE!
Stick to the facts not exaggeration?
Hi-Tech has sued every single supplement company that's ever existed? No exaggeration here.
CEO is associated with the mob? What mob? LOL. Stick to the facts.
LOL
Yep - they are doing incredible. Printing money.
Looks like 2's will be history soon. Let's ride it down.
Missed that call by a mile. Ouch.
Sub $2 coming up. Ride it down.
That was "beatdown of the night" I think. The only thing worse than that beatdown is the beatdown this stock has taken.
Steady down.
Further price breakdown. Back below 2 shortly.
Price breakdown accelerating.
How so?
Price action setting up for new all time lows.
Price decline continues.
Another lawsuit filed against Musclepharm on July 8th. Could be part of the reason the stock has been tanking.
One tick up and 2 ticks back.
Oh that's right - message board money. Everybody makes money. LOL
To who? I don't know who the suckers that are buying. Do you?
Increasing volume with rapid price decline.
Shares are being dumped.
Scalp while you can. Otherwise, ride it down!
Ouch - down near 30% in less than 2 weeks.
Here come the 1s.
Steady down. Ugly 2nd quarter? Running out of cash? Lawsuits?
Is this the end of road?
Yes I do.
A whopping $361 worth of shares traded today.
This stock is dead.
It is true.
This company is dead.
That didn't last long. LOL
Sorry not short. It's a dead company. Scalp while you can.
Combine that with your Horiscoop and a fortune cookie and you can't lose. LOL
This company is dead. Time to zip up the body bag.
Yeah - he skated with your money.
He's the guy that took all your money. LOL
Yes - volume is pouring in. Looks like $30,000 worth of stock traded today. Strap yourself in. LOL
LOL - this product line has been shelved. Insufficient funds.