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We talked about many things back in the day. Darren had a habit of holding onto news and info that was (in my opinion) pertinent to the companies day to day operations. He would then finally agree to release this info when the news was months to years old. He would then say to us, "see that PR didn't help."
But with that said, I personally feel where they went wrong was trying to get too big too fast. So much money was spent on these athletes in sponsorship deals. They never even locked up Florida before they started to expand in markets elsewhere.
That money would have been so much more effective in a cable advertising campaign in targeted markets in their home state of Florida. Hell, they never even hit South Florida like they should have, imo.
But they do have a great product. It just remains to be seen if that alone can propel this company forward. They are not dead yet, but they are on life support.....
Sounds familiar. I mention these same ideas to management over 2 years ago. Good luck......
Daily on the AU chart is in the wave 5 right now since the low back in Jan.....
AU testing support here. I see one more push to the upside...
.382 retrace is at .9393
.500 retrace is at .9620
Anywhere between those two levels for a nice trade, imo....
Nice! Pretty sweet ride
I was in on the AU short boat so we picked up a few pips. I took a small short on the beast and will probably be out around 171.00 or so. But I have it going to the 50% retrace around 170.65.
hahahahahaha I might need something for my memory as well. Is this what it's like to be an old fart?
We better ask SG!
Decided to get out instead of being cute. It's just not worth the risk, imo....
I got my good eye on it!
(wonder if I should put my glasses on also?)
Good cause the gambler went long...... lol
Another clue is the TDI on the H1. It made it's first high point. Now I want to see a higher price with a lower level on that TDI. Classic negative divergence.....
Back in the peanut gallery..... lol
Watching that H1 chart. It's struggling to get over the MA240 right now. But I'd love to see one more exhaustive move to the upside and then ride her like I stole her down a cool 100-150 pips.... lol
I got stopped out this morning but I'm loading up again. Kill Da Beast!
Rofl
Been gone helping my wife launch her online boutique. But I had an itch that needed scratching so I shorted the beast. That should get me back in the game quick! LOL
How ya'll are?!
Was away with a hospital stay a few weeks ago. And lately I've been working closely with my wife to get her online business started. Hope everyone is well.....
Let me help you boys out. This is not the first time DNAX has gone with "online" ordering. They used to do it and stopped it. It was probably due to the amount (or lack of) orders that came through the web site.
Personally I think they need to market the product. If I were them I would concentrate an advertising campaign in Central Florida. This used to be a stronghold of where you would see the products including the meat products they had that I LOVED!
Then after Central Florida was once again under control, HIT SOUTH FLORIDA! They never really were engaged to the huge Latin community much less the whole night life scene down there.
Instead they were more focused on the "can in the hand" strategy with the teenagers that were into the "X-Games" and surfing. They simply gave this stuff away in hopes these kids would remain loyal to DNAX and buy our brand.
The mighty advertising dollar was used on the skateboarding, surfer and motocross bmx athletes. This was there effort the encourage these kids to buy our brand. In the end, this strategy lost.
You then couple this idea with trying to expanding into more and more markets too quickly. This takes a large amount of capital. At the time, capital was the one thing they never really had. And I feel the big mistake came when they failed to realize that all of these moves paid no dividends. They refused to "slow their roll" and get back to what they did best. Which is to make a damn fine product and get it sold in the markets that were close to home.
There is still a good chance that this new CEO can right the ship. There are many really fine folks that work for the company. I've had many sit down conversations with management. It's just a case of getting back to what makes a business successful. A great product alone does not equate to success. Sales of that product is what will speak louder than anything else here.
All the rest of this banter is pure BS, imo.
Go DNAX!
I love the drinks, I really do. I even enjoyed their meat snacks when they had them. But you guys are going to have to come up with better stuff for information. I posted this same stuff almost 2 years ago when it first came out.
Since then, the meat snacks are gone as well as many of the big contracts they had with folks like Budweiser. This company has never had a problem with their products. But more of a problem of selling their products.
I still hope they do well as I have stock for way longer than most of you folks that are posting recently. I also know the folks of management and other employees of DNAX. They are all good folks.
But good folks don't make the stock go up. Sales do. And personally I think you guys are hurting the stock more than helping it with your continued pumping of info that is close to 2 years old already.
Let's try something different, shall we?
Fed Interest Rate decision remains unchanged but tightening on the buying of bonds continues. Bullish for the US Dollar.
I think it's a F'd up contest from the start. The MT4 platform is quirky at best. Trying to trade with it has been more of another learning experience than an actual ability to test my trading skills.
2 days in and I'm out of this mess... Good Luck to all that had better luck at figuring out how this contest works....
Thanks Joe! I was just talking about this stuff with family yesterday. Of course they all look at me like I was speaking a different language. I also know that most folks won't even learn about this stuff.
It's far more important for most folks to know what's going on with the Kardashian's.... lol
I'm not real fond of change. If I can't get this thing figured out by tomorrow then I will gracefully (kicking and stomping my feet) bow out. LOL
I've seen that type of thing on most pairs that are held over the weekend.
CNBC is in on the story now also.
http://www.cnbc.com/id/101495837
I have had the worst 2 weeks or so that I have ever had. If you wanted to make money all you had to do was be on the other side of all my moves during that stretch! lol
I was able to get their MT4 platform downloaded so that must mean I'm in for the contest. The problem is that I am having a hell of a time getting my charts set up with their platform. I can't seem to be able to get the indicators I use to show up.
Still not sure I will continue.
Thank God we have a strong leader in the White House to steer us through these dark days. I'm sure we can just give up some of those Obamabucks and free healthcare for the goods and services we need in the country.
LOL...... It's more fun to just let you ramble and figure out that today is only the 13th..... lol
The contest starts on Sunday. If I am in it this time, I'll be ultra aggressive. It's the only way to win something. The last contest taught me that. I never even finished it because I saw how far out of the money I was after 2 weeks.
A top 10% finish is nice and all but that still would make us one of the best losers in the contest...... lol
Probably right. I was just thinking of turning off the anti-virus protection. This is a new machine that I built. So I don't have the stuff from the last contest.
I was in one before. It was sponsored by Oanda. But I can't seem to get it to run on my machine so I guess I'm out of this contest. Good Luck to ya!
Looks so. Maybe we see parity hit. NU @ 1.00? LOL
Lots of talk out of NZD and AUD here.
Anyone try joining the latest forex contest on myfxbook?
I keep getting Nortons AntiVirus alerts abut the file they want you to download. Anyone else try?
Jumped on the EJ short train because I'm a real rebel. Gotta live life on the edge. Now I'll go to bed. When I awake and check my account around noon tomorrow, and I'll know if I'm a genius of just another bozo on the bus.
(Maybe a little of both) LOL
LOL. I figured that a lot of us do that..... hahahaha
Was hoping to see AU down below .9000 some time today. I wanted to go long. Now I have to see how things shake out.
I hear ya. Even when we get big moves, I try to take profits along the way. I'll take 20-50 pips and hope for a reset on the lower timeframes. Then start a new position.
Sometimes it works great but other times I get left holding the bag. Still trying to decipher the difference.....
I kinda like where you are going with that. But support may be a bit higher. There was another consolidation around 156.75 or so. Either way it looks like a nice set up for a trade, imo....