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It's sleeping alright....
That's the only part your right about.
What's the tweet??
This stock is just about to make me cry Uncle....
So let's hope the management induced string of f*ck ups do not continue to compound, but hey at this point it would not be surprising.
Look at a 3month chart....
Down like 54 days out of 63. Damn near everyday.
Look at a 3 month chart, down 75%. That's pretty tragic to me, unless you like the loss. I know I don't.
...Action is better than tweets. And clarity is better than silence.
Another poster on another board I was reading had this quote and I was struck at how apropos it was specifically related to the poor overall execution and related behavior by $MJLB mgmt.
That is truly where big money lies, Management execution, it has nothing to do with my level of patience or the practice thereof.
SP seems to agree too.
Although there is no volume so it's just continued languishing in the, "taking longer than expected" dept...
Exactly, quite dubious and reeks of underlying bullsh.
Your points are a poignant elaboration of my ridiculous sarcasm. However, I think everyone can agree, it (ELD device) either works or it doesn't and that is NOT open for 'learning' or 'interpretation.'
Or possibly, tweet could be interpreted as....
--The one and only technician that's certifying $MJLBs ELD is down with the flu for a couple of days or 4 weeks.
--Maybe they couldn't figure out how to fill out the online application for final ELD approval, so they are calling in a specialist who's pay grade it's in.
--'No one can figure this thing out, Not even us'...
Our DrivelineELD device is taking longer than expected...
Which specific tweet(s) are you referring to?
TIA
Bush league, dog ate Q3 Financials next twat...
$MJLB 3rd Q financials still delayed, Accountant is still dealing with flu issues.
ELD Next Year? At this point...
$MJLB Mgmt. tweets a bunch of stuff about how awesome everything is then when they fail to execute they walk it back with the sound of silence.
Weak azz fade into the close, and volume was nothing spectacular....
I wouldn't get too excited yet.
Good question...
Inertia would indicate we'll be in the 2s by this week or next, so it's a good bet.
How does trucking ELD certification in any way hold up providing an 8k showing some material proof of a contract with 2 high end rental car companies?
Rental cars rented short term are fully exempt from the ELD mandate. So what would be holding up or preventing material disclosure of these contracts, unless - like most other things around here - they are just fluffy cotton candy?
Once again, Show me the money $MJLB or we will never be able to sell at a profit.
Circumstances were dubious, but they were NOT ready and used the switch in ELD providers as a good excuse to buy them time, IMO.
Can you share?
If not, what's the gist of your exchange?
I know, I know, don't let the door hit me on the way out...
CMich, I read and highly respect your posts.
But here's the thing, DonQ couldn't have summed it up for me any better,
MJLB management sucks. Stock will move because they have a great product, but I think these guys are amateurs.
Also, the whole finacials preparation team and accountants have the flu for almost 2 weeks???
Weak ass MARKET FACING drops...
It does not make sense because for the last 4 months all you have been saying is just load up and you'll make a mint and the stock keeps making everyone quite the opposite of a mint.
Buy at 7s, 6s, 5s, and where are we?
3s
I'm not complaining about past delays, just all the current ones...
Part of meeting promises includes delivering to the promised schedule,
Progress includes OTD, disagree? Look at SP, Market does not agree that they are delivering on promises...
Decimal in the wrong spot ($0.025)?
In 50 trading days (since 8/23) we have had only ~5 positive trading days.
So, 1 decent day up day in almost 45 down days and we are now going to a quarter?
Weak azz close. Faded hard EOD into close.
Right, thanks. I was trying to remember the history there rather than looking it up.
So then who is the ELD Cert. for us now?
Is ComDriver Tech the ELD Cert. Co we ($MJLB) were with the first time before moving to FPI after first failed ELD attempt?
TIA
Chart is an absolute Dawg...
Agreed, you don't just whip out an 'quality' instruction video a day or two before some one needs the instructions.
Also, as I have stated here (my opinion only) I had the exact same impression as the "boxed and ready" tweet. Too many things seemed unaligned at the time and other tweets were circumstantial evidence to the contrary.
Your speculation is similar contradictory circumstantial evidence that the internal event dependencies do NOT align with the external schedule expectations.
IMO
Seems like we hear the same thing, every month, since the first time I heard, "won't be long now," 6 months ago...
Gonna close Red, AGAIN...
They should build an ELD tracker, more useful...
Usually a 30 day Due Diligence period in these deals right?
Forensic audits and background checks and all. So maybe we'll hear something this week. That's my hope!
Don't disagree with your statement regarding PH3.
I should clarify; this thing is trading like a dawg right now. I am shocked at the surprising lack of SP support given recent events.
I mean you have to admit, you'd be lying if you didn't, that SP is disappointing given we are almost at the same price as before the PH3 PR announcement.
I'd be happy with 6 cents, what an absolute dawg this is...
I just found it odd, given how much 'they' like to tweet about ELD progress past and present, that they did not have a little more pomp and circumstance regarding start of 'official' ELD testing.
And like I said, speculation only...
Thanks, and I can't wait for the Market to agree and validate...
The ship date was allegedly Aug. 19th.
However, remember the status was "boxed and ready" which seemed a little dubious considering how direct all other tweets had been regarding status of ELD.
So speculating here, but given that they received the final ELD revs 2 days before (Aug 17th), I suspect they weren't quite ready for shipping it. And there was NO pomp and circumstance in the "YAY WE HAVE SHIPPED" which leads me to suspect they weren't quite ready.
Thus, they probably used the rest of the weekend and did not 'actually' ship until the following week. Add a few days for shipping and arrival and assume it was officially in the ELD testing Co.'s hands at or near End of Aug / 1st Sept.
Start your clock there and we are at ~8weeks.
$MJLB on the list??
Plus, there should be a lot of tax loss selling since inertia provides no evidence otherwise...
Heard that for every penny on the downside since we were trading at 0.12
Eventually....