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What BS. The video and the 3300% increase in retention is a joke. Reps that are willing to spend their own money on tools for their business are always more likely to try to succeed longer. They've got more invested. It doesn't automatically prove that the tools are working.
Same old Fusz/Verb data. No real numbers, just percentages pulled out of thin air.
I was hoping the next pivot would be to essential oils. Maybe Rory can advertise in a thong rubbing the oils all over his body.
IRS Publication 590 contains a number of these prohibited transactions for Roth IRAs. The most important of them indicates that funds or assets in a Roth IRA may not be used as security for a loan. Since it uses account funds or assets as collateral by definition, margin trading is usually not permitted in Roth IRAs in order to comply with the IRS’ tax rules and avoid any penalties. (For more, see: Roth IRAs: Investing and Trading Do’s and Don’ts.)
You can't use margin in a retirement account.
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.” Albert Einstein
Only a fool would pour all their retirement money into one stock.
That one stock being verb is just beyond comprehension.
What is impatient greed? Is patient greed good?
Is it greed to want to recover huge losses?
And the only reason they own this pos is because they probably have exposure to every pos stock listed on the nasdaq. They could call it the POS Fund. One good winner will make up for 50 losers. Unfortunately Verb is unlikely to be a winner.
But $400 from an institution is a great sign of confidence ;)
Now convert that into a video and see how many customers you get.
My guess is not many.
Please describe that product as if you were trying to sell it to someone.
The ONE BIG QUESTION that remains unanswered is:
Why can't a company that says they can improve sales by something like 600% by using video unable to sell their product through video?
Until they can do that this thing is nothing more than a crappy stock masquerading as a business.
All we heard for six months was how all these sales people at Oracle were going to be trained to sell FUSZ product. I pointed out at the time that with the pricing there was no way that any Oracle salesperson would spend five minutes on this thing.
There was nothing. There is nothing.
All anyone needs to know about the Oracle agreement is that if Verb does well Oracle makes money. If Verb fails it means nothing to Oracle. They have nothing invested. This relationship has been nothing but a name dropping stunt by Rory.
How about Telx. We have to hear that name all the time anyway.
What happened to those glory days?
HUGE "Institutional" buying.
The 2nd grade class at Jonesville elementary school (a verb user) just bought 5 shares with their lunch money. Rory told them it would pay for college.
"Institutions" loading hundreds of shares a day. They'll have to file as significant holders in about 30 years.
I think it's most likely that one of two things happen. They try and make it look like this thing is gaining some traction and try and sell it or more likely, it fails and shareholders get wiped out and they use it as a shell with a nasdaq listing and losses to carry forward where Rory and his cronies can combine some new "pivot" idea to run it up again as a new scam.
Verb is 43 points away from making a new high and 2 points from being a zero. What do you think the most likely outcome will be?
Buckle up tight. Verb can still drop 100% from here.
That's the kind of valuable update you can count on Rory for.
1200 shares @ $2 is a SWEET ramp up? It must be an "INSTITUTION" buying.
Like I've been saying, by Verb standards any account with a breathing owner is an "institution". NO SERIOUS INSTITUTIONAL $ IS INVOLVED IN THIS POS.
About a year ago.
How many NASDAQ stocks have traded less than $15,000 worth of stock today?
Verb is killin it.
All DD re: VERB is minimal and pathetic.
A "flashback" to "White Labeled" is probably not too far in the future.
Rory doesn't resign, he pivots.
He'll be looking to put some lipstick on this pig and try and dump it in somebody else's lap. He'll get his money out. Shareholders not so much.
Evidently there's at least one guy at Gartner that uses a TAGG. Verb can't even give things away. Nevermind, that was Notifi ID. They can't sell or give that away either. That's why they needed to hire a new CMO. Too bad they still won't have a product they can sell.
Flashback: Remember what a great business those Rap Wars were going to be?
Off to a good start today! Is 11,000 is pretty close to a million?
Buying at $1.50 or $2.00 is the loss of ALL your money when the stock goes to ZERO.
Oh, ok. That splains it.
Huge volume. Must be "institutions" buying.
One of the "institutional investors" wants to go to the movies this weekend so they sold their entire position.
Somebody should be responsible for making him keep his mouth shut.
The last thing this stock needs is more of his bs.
Likely no one can be a verb millionaire.
The "long awaited" part is correct.
Coming right after Rich Bohn review and Oracle training completion.
Maybe Rory will tell us soon how he and his "institutional" shareholders are going to pivot and will be taking Verb private at 50 cents per share.
He's a swell guy.
Flashback: Remember how great is was when shareholders competed to go to NASDAQ listing party? Good times with all those institutional shareholders.