is...buyin the dip
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Yeah i am pretty sure you are right. I knew the 10K was going to look like a tornado in portAcan thats why i aint to worried..
With all of this news coming down the pipe its only a matter of time before we have another PR, then another and another... and somewhere in the PRs to come will probably me a Preliminary Q1.
Am I correct to assume that most of the shares between current PPS and the .04 resistance have been accumulated.. and we should jump back there relatively quickly?
Just happy to join!
I would like to point out a couple things from all of the trademark pages..
MP being trademarked in China, European Union, Australia, Canada.
http://www.trademarkia.com/mp-85508691.html
Also all of the new products.. Looking like they are creating a whole Womens line
http://www.trademarkia.com/company-musclepharm-corporation-3653426-page-1-2
I just bought in today, and my order executed faster than I could get back to my portfolio page....
agreed... it does not matter how amazing all of these PRs are, the truth is that history shows recklessness, and complete disregard for shareholders and share structure.
I do believe we have crossed into the greener side of this stock though. If they put out financials to support their PRs the shorts will burn and we will profit.
Another question slightly touched on....
MusclePharm has made a position to get to a higher exchange. Do they expect to do this through a natural increase in share price, or by performing a reverse split?
One question from letter answered.....
Where will the funds for the future expansion into the United Kingdom, Middle East, and Latin America come from? Will they come from profits off of sales, or should we expect to see this paid for through further dilution of the common shares, using the authorized 2.5 billion shares?
roger that.. nice slow accumulation on the dips wins the race!
yeah i was thinking about it, but i jumped on another big play that will allow me to put some more powder in this one.
even if it isnt until quarter 2 now is the time to load up! Everyone said if this went back into the .01s and subpenny they would be loading up.. i'd like to see how many people stick to it.. I am loading up too.. will be buying on the down trend.. as the old saying goes.. Be greedy when others are fearful :)
I'm gonna throw 3 names out there
Dicks Sporting goods(from that PR) Academy Sports, and Sports Authority.
MP's corporate house in Denver is about 10 miles from a Under Armour office in Denver.
What was the connection with MissFit and Underarmour?
hahahahahahahahaha that was pretty funny
Awesome. I'm glad that we at least have someone employed by MP on the same page as us. I would also bet that they read the boards. However, they can't answer any question until asked!!
I like the part about the meeting is soon.
If they 10Q is going to be as good as we are lead to believe, then I wouldn't be surprised to see another PR campaign in the days, weeks to come...
29 days until 10Q deadline.
MSLP!!
Thats awesome that you were able to at least talk to them. We've got 2 emails, and 2 certified letters out to them.
Chances are they are going to have this letter with them when they meet with the MP upper management.
Was there anything about a time frame for when they are going to meet with management, or just whenever they get back from Canada?
Superman187 heres the letter
15 April 2012
Roger Pondel / Robert Jaffe,
I am writing to you in regards to MUSCLEPHARM.
A few shareholders and myself are looking for some answers to some pretty simple questions. There is quite a strong following to MusclePharm, and these are some of the main questions to current shareholders, as well as prospective investors.
First and foremost: Why the authorization of 2.5 billion shares? This is a huge concern, as it can lead to further dilution and devaluation of current holdings. This is the most sought after answer pertaining to this stock. Would be investors notice all of the amazing things that MusclePharm is doing, then they research and see the authorized 2.5 billion shares and run for the hills.
Why the authorization of 2.5 billion shares? Will the remaining shares be used for dilution to pay for expenses even if the company is, ”operating cash flow positive”? Will these shares be bought back by the company?
MusclePharm has made a position to get to a higher exchange. Do they expect to do this through a natural increase in share price, or by performing a reverse split?
Have there been any attempts from other companies to buy MusclePharm? Whether there have been attempts or not, what is Mr. Pyatt’s, Mr. Gregory’s, and Mr. DeLuca’s stance on the idea of a future buyout?
Where will the funds for the future expansion into the United Kingdom, Middle East, and Latin America come from? Will they come from profits off of sales, or should we expect to see this paid for through further dilution of the common shares, using the authorized 2.5 billion shares?
Is MusclePharm going for FDA approval, in regards to the clinical trials of Assault? Also if they are in fact doing so, what is a conservative time frame for this?
According to a press release issued 11 April 2011 MusclePharm is pursuing Medicaid reimbursement for MuscleGel. Is MusclePharm still actively pursuing Medicaid reimbursement for MuscleGel? If so when can we expect an update informing the shareholders where the company stands in the approval process? It is understood that Dr. Ogden was brought on specifically for the, “venture into the clinical realm of therapeutic nutritional supplementation with our innovative whey protein product, MuscleGel”, stated by Cory Gregory, President of MusclePharm.
When will the MMA Elite brand, selling at Wal-Mart expand, out of the Las Vegas area, into Wal-Marts all over the country?
It has been noticed that, “Dicks Sporting Goods” was identified as a retailer for MusclePharm products in the most recent PR. When, and where should we expect to see this rollout happen?
Are the revenues from the MusclePharm Sportswear line reflected in the financial statements of MusclePharm, ticker symbol MSLP? Or are the revenues from the MusclePharm Sportswear line separate from the MSLP SEC filings? If it is separate from MSLP, is this a private, independently operated business?
Many shareholders, present and prospective, would greatly benefit from these seemingly simple questions being answered and brought into the public view. These answers will allow investors to come to properly informed conclusions, and base their investment decisions on factual information rather than speculation.
I would like to personally thank you for taking the time to address this letter, and I look forward to a relatively quick response, as all of these questions should already have answers. Thank you.
superman187 heres contact info
Go ahead, they should still be open right now..
Your 4th paragraph gave me goose bumps.. it was like reading the whos who of douchebags!!!
hahahahahaha sorry bud.. i tried advertising lol i know theres good things here but its just not moving right now.. its on my radar and when product launch happens i'll be here!
if you have 148million shares would you want to do a R/S of 100:1 to get to a dollar?
taking your 148million shares to 1.48million
when positive news and a clean up of financials can drive this thing to a dollar then they will have 148million dollars instead of 1.48
you might not be able to fathom this idea because you might not see this going to a dollar.. but i do.
yall are all giving me a headache with all of this griping about 3.5month old news.. and bickering at each other just trying to vent your frustrations on something you should have already known.
i'm done posting on this board until the general atmosphere changes.. catch yall later.
No one pumped for the 10K, we were hoping it was going to better than what we already knew, but it wasn't so it was just as expected.
It is the 10Q we are excited about. Get your consonants correct.
You are telling people what to do, so what makes anyone else any different. You are just another name on another board.
You obviously do not understand that a RS hurts these guys as much as us.. Brad and Cory each have 166million shares and Jeremy with 148million. do you think they would want to cash that out at .01 or 1.00 ...hMmmmmmmmmm gee golly i wonder..
Here is the reply from Pondel
I cant call cause I am offshore and do not have access to a phone during business hours
dddamnnnn got filled at .0062 :) had a limit of .005 just wanting out thanks for the advice i appreciate it !
for sure thanks.. i took of the AON sooo yall have at it lol
I'm going to keep watching this.. and waiting on a product launch.. if it starts to move i'll be slapping the ask! :)
Just clearing out some funds to get in on the MoneyRunner play this friday. thats all.. no bashing of any sort just not movement and i am moving along :)
I received a reply from Pondel Wilkinson, asking me to call them. I responded asking if it were ok for someone else to call and talk to them about the questions I wrote in that letter.
I'm sure they wont mind that.
Would anyone like to call Pondel Wilkinson in regards to that letter I put up a few days back?
anyone want 100k @.005 the sell order is live you can have'em
I'm on ETMM and i've dropped my sell to the BID ... its only 100k shares but noone will pick it up everyone is probably AON on their bids... I actually put my limit at .006 so if someone wants 100,000 @.006 they are there for the taking..
The only pipe dream is the one you are currently experiencing, thinking that your negative rants are affecting this board.
We were not pumping anything about the 10K. We were simply hoping that the 10K was going to show us something we didn't already know, and it didn't. It has shown us exactly what we all knew for sure it would be.
I will however state that I was, and will still be "pumping" the qtr1-12 10Q. If you don't like it then click another link on your screen, and seek life elsewhere..
Obviously the 10K, reflecting the dates of 01January2011 - 31December2011, will not "mesh" with PR's put out in the year 2012. Are you off of your medication or something?
Buy order will NOT execute on the ask.... Hmmm
I never formed an investment strategy off of the a $75,000 buy. I was simply putting out my thoughts, as it is a possibility.
You are absolutely right. What was I thinking, when I formed the thought of someone having inside information on a penny stock. That never happens.. and no one ever breaks the law.
Thank you for correcting me. I thought, momentarily, that peoples greed played a role in the stock markets. But you are right, it doesn't
If you do not like the management and see this tanking for a while then why don't you just pull your money out? You are exhibiting textbook signs of a loser in the stock market, as explained by Dr. Elder in "Trading For A Livining".
This is the only company that I will hold for the long. Being my first stock I bought this full of emotion, and i am slowly learning how to deal with this stock..
With the potential of this company, and the recent PRs you can either be a negative or positive person.
If you are negative then you will look at the bad 10K as another reason not to trust the management, but in reality that would be charging them for the same crime twice. We already knew this.. Therefore, if we already knew this 10k would be bad and cause a temporary price drop without a 10K, this should be viewed as an opportunity to accumulate more shares.
However, since everything you post is negative, even though you have not produce a single original thought, you should probably cut your losses and move on. Not telling you what to do by any means, but if I felt the way you do about a company I wouldn't even care to read their iHub board. Much less care about any of the suckers(all of us longs) are in your eyes delusional.
If I had to formulate a trading strategy on the spot right now, it would be disregard your posts as they are useless, considering you are 3.5 months behind, yet I will still read them, because you might accidentally stumble upon an idea or trigger me to formulate an original thought.
I don't mind if you address me in future posts, but just be aware that if you are just bashing I will not reply. I encourage contsructive criticism, whether it be positive or negative thoughts.. But to sit here and listen to you whine about something you should have been fully prepared for, is just not gonna happen on my end..
I hope you are able to get out today and cut your losses, seeing as how you have confidence in this stock.
just reported the shitty 10K that all of us that have been here for a while has expected.. we all know qtr1-12 is where the $ is!
also the exact opposite of this would be a good PR followed by dilution, which we have no doubtedly seen. very interesting rationale Odessa..
Thats pretty fair logic considering the rationale behind it..
So not only postpone a crappy 10K, to accumulate as many shares as possible, but also gain an extra day by releasing it after market
this would cause a panic sell frenzy in the morning while picking up as many cheap shares in the sell-off as possilbe before the pre10Q is released causing it to jump...
probably trying to create panic so he can short the shit outta this thing..