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spears~ but imagine you want to sell to the diabetic community, the elderly, on and on. Why would anyone call their product "Incredi" anything? Why not just give it a real name that says what it does?
You must realize when you put the prefix "incredi" into any product, it looks like snake oil and a dupe waiting to happen?
Really.
To your point, Fantastik and Mr Clean for cleaners are great names. Plus they were/are sold on TV as they should be. And they didn't use "incredi" in their name...
How about we think of all the other great names he could have used for these products?
spears~ When I very first heard of this company back in March 2011, I looked at the name and laughed. It was only after I did some DD and found it to "appear" to be a real company, that I quelled my laughter, and thought it looked like it could be something.
Truth is I never got over the name problem, but I figured the product was heading to a TV station near me very soon...as any other "Incredi" product NORMALLY would. At that time spears, these were just socks. I mean how hard is it to screw up selling magic socks. And yes, that's what the "NAME" implies, just as every other GIMMICK product that uses that prefix or similar.
Further. Were I the CEO here, I would be selling ONLY SOCKS still to this day and I would have already sold MILLIONS of pairs on TV. And I would have a happy family of shareholders also. Then with some of those profits and my kickass market cap (with which I could then leverage for more REAL LOANS FOR CAPITAL), I would have started SLOWLY adding in the braces next. The socks were the hook. Once the hook is in, then you start feeding the next lines ON TV.
This business about "BUILDING A BRAND LIKE NIKE" with a product called "INCREDIWEAR" is preposterous.
To answer your question more directly. I never imagined this CEO would be so delusional as to do what he's doing and in the manner which he is doing it.
I got onboard for "INCREDISOCKS"...As Seen on TV! Why? Because that is how this CEO had/has the name set up. If he wanted NIKE, or UNDERARMOR, he should have thought his plan through a little better and named the product accordingly..
What we have here now is what's called a branding/marketing cluster, conundrum, and nightmare.
Like I said. If he were to be going on Shark Tank tonight, not only would the panel rip his overall strategy to shreds, they'd rip his product name because they would say they couldn't sell it due to lack of seriousness.
Why do you think Co's like Travelsmith and Cabelas have passed? They both probably BEGGGGED Corely to change the name to something interesting and less cheesy (more medical/therapeutic) and then they would take it, but of course Coreley's gonna do it his way. Which as of now is ($25K) NOL after a full year of SATURATING the Tradeshow market. He's had exposure to major celebs, athletes, and still ($25K) NOL, no deals, no prs, no TV ads, no nothing but his new addiction to tradeshows.
No b/c it's a new issue to then..
which is what's nice about it. No junk in it yet...
still the same *very* quick mover it always was...looool
likely finishes + today...takes very little. I wouldn't mind a News sammich on wheat Monday AM..haha
nah...just a seller..like most showing very small blocks imvho
and peeps shouldn't forget that BDP has already been connected here once but postponed. Now with BF in the can...could this be next now? Was it just waiting for the deal to get done? hmmmmm..
simple reallocation today for other "pick" pastures (that won't even be supported possibly until 3/26 haha)
Looking for more cheaps here..
Hope all is well J4P~ ahh you know, I'm just one man's opinion. The final tell here will come from Corely...eventually haha.
Personally I think he just would like all shareholders to just pack up and go away. In my world actions speak louder than words and as for his actions...I hear what he's sayin.
But as you say, for the time being, there is little threat here other than the one of boredom going into ennui...so for many it's a fairly innocuous thing imvho...we shall see.
be well.. ;)
chk my DD sticky for that answer ;)
Operative word is "if". My take is his strategy is backwards. I will never back way from this stance. What he's doing is how peeps used to build brands and companies 30 years ago+. IOW, the old-fashioned, time consuming way.
This CEO is in no way embracing 2012 and how people build brands now-a-days. Frankly, if you were to go to ANY Brand expert today, and tell them this (how Corely is doing it) is how you wanted to build your brand, they would not touch you and tell you they weren't a good fit for your company. Goodbye and good luck to you IOW.
Just one look at his balance sheet will tell you that. How's that working out? Now (25K) of NOL. Hmmm. Yet, he continues to believe lightning will strike in his coke bottle. Make no mistake here. Corely has not just been trying to get "Incrediwear" off the ground since last year, he's been at it MANY MANY years and he has failed. He's only new to the STOCK side of the game. And there he as now abused its forum.
He's basically a mad man who won't give up believing the public apparently does not want his product en masse. Or they don't want him. Prob a little of both. But largely this is due to his lack of marketing and public awareness skills.
First off peeps, as long as I'm cranked up. Building a "brand" like Nike, like UnderArmor, et al, etc, etc... FIRSTLY: NAME YOUR PRODUCT SOMETHING THAT HAS PANACHE. "Incredisocks" "Incrediwear"...are you kidding me right now? That's the stuff about which legendary brands are built? Uhhhh...maybe if Corely doesn't want to be "like" Snuggy, or any other fad gimmick (which all made/make millions btw through TV), then maybe he shouldn't name his product something that sounds exactly like some fad or gimmick. NO ONE is EVER going to take the name Incredisocks, Incredibrace, Incredijock-strap seriously dudes. Sorry to say. IOW, Incrediwear will NEVER become some venerable brand name. Never. It's just too gimmicky.
So what the hell. Why not then just put your K-Tel sounding name/product out there on TV and let peeps suck it up and make some millions (while you'd be also helping many more peeps who could use the help NOW, not 5 years from now). Anything with the prefix "Incredi" has "As Seen On TV" written all over it. No matter how well the product works or what it does. That's just the way the branding cookie crumbles folks.
OR. How about changing your name! haha. But he's too stupid to know this.
Now as for tradeshows. Tradeshows? I never would say don't do A FEW tradeshows. How about 3-4 a year haha. Instead, he's making a career out of attending every tradeshow in the book WHILE he has ZERO TV or RADIO saturation. What? Tradeshows should SUPPORT the main marketing plan...NOT BE IT.
I have news. This guy SATURATED the tradeshow circuit last year right and left, up and down. Some very big shows to boot and including LA where there is money, money, money. And do you mean to tell me there wasn't EVEN ONE buyer out there who wanted the product on the spot or after more testing? C'mon guys.
Corely LIED last year and said that happened with Travelsmith. That's when many here like me thought this product was the real deal. And that's what you NEED to see if it is. Instead, he continues to beat his head against the proverbial brick wall already almost EOQ1, and no one wants to make a deal on Incrediwear. Instead he submits a cheap set of fins that now show -25K NOL b/c he's not selling enough product against all the nonsensical expenditures it takes to do the kind of roadshow he's doing. Dumbbbbbbbbb.
But as I say. He's loving it all. Why? Because he's having a ball being a big fish in a small pond. He goes to these shows and oh boy, I'll bet the lifers working their booths go see him straight away to pick up a pair of socks (that they expense of course haha)! Weeeee. He's the hit of the tradeshow! Ah but that's about it. Alas, no deals. Just the good Dr. Corely making all the lifer tradeshow peeps' feet feel good. Unreal. Meanwhile he's now bleeding money.
Here's a suggestion for anyone. On Friday eve, there is a show called Shark Tank on ABC. It's good. And it shows cases similar to Corely's where the business plans get picked apart and eaten for breakfast by the money men. If Corely ever went on Shark Tank, he would get nothing but "I'm out" across the board.
Hey look. I'm not telling anyone to sell or buy stock. One thing is clear to me though. The disconnect between company/product and the stock is only growing weekly. I do read here from time to time there is this or that going on. But bottom line is those things are related the COMPANY. And since Corely has seen to it to remove the stock from the company, they just do not even relate to one another anymore. One is one and the other is the other. He has done this and only him.
Where it goes from here or how it ends up is semi-predictable but of course anyone's guess. As a shareholder, this is all my own opinion of course, as my disclaimer so "someone's" feathers don't get all ruffled... glta
nice lil bid games at the end...liking it
Last company activity was 2 weeks ago Feb 21 filing a K/A...much ticker prepwork in Jan/Feb seems to now be done, next comes the big news sometime this mo. imvho..
more than ready to go..
+ audited, + current, + proper SEC form filer, + huge deal pending
decent support and shenanigans...two things that when together usually bode well in this game..
agree..the scary part on this one is it was a "tweener"...was made to look like it had legs and went the extra day (until 20 b4 close)...then this..
Usually, if you get day 2, that's solid for more.
So a new hybrid which only confuses the reliability even further now.. imvho
They could still have another 5-10M shares to go yet imvho....and that ain't gonna happen at these levels unless they can drum up more buyers....
They're having trouble getting out here so send out an email to try to get buyers to soak more of it up...
Like what I see here again...
they keep altering their floor that's why...normally they would just throw up a massive sell order at like .01 (bottomless floor) and let the MM's sort it out. Here they can't do that so they have to do it manually and let bottom feeders playing a bounce soak up this action (which they are doing so far right on queue). Don't see that bounce coming on this one though, not until it bottoms on a few red candles first...
diff kind of sell-off imvho
that's SOP...but yes, cred now all gone except for one day fireworks show...they should only be day-traded by anyone from here on in..imvho
def money to be made, grab a nickel or a dime and gone. There's just no reason to stick around after day 1 with these guys anymore. Just too risky...
yeah, agree. fire sale...
that's b/c they have to back out/are backing out of this slowly..float's too thin for just a large dump imvho...
they have shares all the way to .20ish, prob upper teens yet to salvage if they can w/o taking any losses at all..which no doubt is the goal
It's more than a little insulting when someone tells you sit back, clasp your hands behind your head and just enjoy the show....and then this.
Still was a either a modest to decent gainer here 4me and many others but BDP from now on only a dog day1 day trade for this boy...they are officially OUT of the multi-day runner biz...
cred is completely gone now imvho...You have to prove it to get it and hold it. Clearly they can't back up what they say. This was an easy one and was completely mishandled even after 2mo prep. Next.
this open is a vote of no confidence 4me...I gotta protect cap here...will watch and see what's next..
expecting good things here today ;)
thinking the same..
they gapped SP** to .80 from .68prev close so .12 with similar float...like to see the same here...so a .60open and maybe a run into mid .70's+...
looks to me like the EOD drain of the main vein was to set up exactly that...MR's gassed the open today and it had a hard time recovering b/c of it..they didn't want the same affair tomorrow. I mean there were CLOWNS selling-off HEAVY in Pre and killed the gap...
so what do you do? Boom...plant a leak, start a selloff last 15m to lose the dead weight day traders. Guess what, it worked looool...
we shall see what's next..
I think it was calculated...look at how it happened. A "leak" to that ILive deal? Sure flushed a boatload of dead weight out incl MR's...which cleans the way for a gapper and run in the AM..news comes out AH today.. etc.
Just seems all too calculated the way I saw it and now hearing all these additional pieces. And if you watched L2, you saw they WERE supporting the bid on the way down.
Esp this from the email looks promising:
agree...looks like we have a nice push coming tomorrow with a solid Pre gap and run after the bell...
Like the email said, I have a feeling they did this on purpose to flush out peeps like HSA and his group of thieves haha...Good news is they and others bit on it and dumped into the dupe EOD.
NOW...maybe they can gap it like they prob wanted to today even. Sadly MR's killed it even in Pre imvho...
I'm liking this one that I just received..read the bottom part
You Need To Listen…
Today was battle right off the jump the shorts came at BFLX right at the open HUGE and there was a shake out to 43 cents.
BFLX was so strong it battled back fast into the green to 55 cents as the shorts quickly began to try to cover because all the strength..
BFLX stayed int he 48-50 cents rage after that for most of the day and we had a nice squeeze to 59 cents for a new high of the day…
We were looking good going into the close with 10 minutes left and looked like we were going to blow past the high of the day for an awesome close…
Then out of left field someone shorts a load taking out about bid after bid shorting around 700,000 right at the close!
I mean pull up a chart and look it is so obvious!
So what now?
Right now the short is huge and if everyone stays patient I think BFLX is on its way to higher levels..
Right now the consolidation here is in the 48-52 cent range is super strong…and BFLX cleaned out very nice and is ready now to start a another leg up..
Just like the shorts pushed us green today to a new high…they will do again tomorrow…
I am not going nowhere coverage on BFLX is going to be long term!
Sincerely,
Staff@BestDamnPennyStocks.com
how so?
the timing and duration about that sell-off that seems like a misdirection to me...
it def cleared a bunch of peeps out...which clears the way for a solid gapper and run tomorrow imvho.. we'll see
Hmmm. Just saw the sorry fins...this was exactly my point peeps. and what happened to the "new cloud accounting program" haha. I see he has an expense for "Quickbooks". Nice bud. And he's spending ridiculous money on these trade shows that do no good. For HALF of that, he could have a simple spot running on TV and be raking in dough...looool
I tell ya, the TS circuit is addictive. Been there. But for him, as a public co, it's criminal how he's doing this.
This dude is OUT OF CONTROL. Too bad.
And look how he presents his "fins". Can't even pr them, give his SHAREHOLDERS a rundown of highlights, etc. Like a real company would. Sad imvho
Mr. Corely has screwed all of us and sleeps like a baby at night. Plain clean and simple.
the last AH t-trade was .525 shortly after the bell...at the very close it was trying to hold .50 and it almost did yet the selling was still hitting the bid so the .48s snuck in. The .525 could have been >seq< also but there was a strong .50 bid holding up until the bell.
It was clear to me though someone was def trying to soak up the sell-off so prob BD.
Likely looking for a solid gap tomorrow in Pre that sets the day off as a big gainer imvho...pretty easy with he float so thin.
Maybe this can see a .60 gapper and momo run from there..
so that was you dumping again loooool haha
cooool..so it's a battle royale...
just more peeps getting shaken out....I guess covering will be even more amazing now...
yes, like boooolll! ;)
if peeps like the old man would stop day trading every frickin tick, it will fly haha! let it run.
There's a thing called SWING trading too..and knowing when you have a run on your hands. They have schools that teach this looool
it's just itchin to go bigly ;)
nice hollow candle building w/bottom resting right on daily upper bollie...a great look!
stay w/this one man, she's got legggs...
much rather have you in than out...big things coming imvho
a nice EOD push gets it close imvho..