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Amazing this is not being handled criminally in any way.
But, just looking at the chart, from a technical standpoint, I think we are going to get a bounce.
Back up the truck.
LOL
Time to buy on the pullback. It's still way overvalued but I think we can get a bounce and then maybe gain traction.
LOL
Ryan? Is that you?
Facts are not personal, they're facts.
Coverage? It's a Youtube channel with 600 subscribers.
A buy?
There is nothing about this stock that is a buy. You have been saying that and have been 100% wrong for years now.
And nobody shorts a zero volume 15 cent stock.
You must not be buying much. Less than $4K traded so far.
Musclepharm's biggest customer, GNC, files for bankruptcy.
Not too bad. How about you?
Holly crap you still cheering this stock?
I'm sure Brad will take whatever money you are willing to give him.
Brad's new scam. Some of you suckers might want to invest in Brad again. He's already planning on going public.
https://businessden.com/2018/05/24/former-musclepharm-ceo-prepping-product-line-for-women/?utm_source=BusinessDen+Daily+NewsFeed&utm_campaign=e721b3503f-EMAIL_CAMPAIGN_2018_05_24&utm_medium=email&utm_term=0_e8b1506f0c-e721b3503f-148123577
And if you held on to your position like a large number of people on here, that $10,000 investment you made in Musclepharm is worth $10.62 today.
At no time did this stock go from .65 to $12 a share without factoring in the 1 to 850 reverse split. The stock was trading at 0.0054 before the split and $4.59 after.
After the split, it never went down to 0.65 and then back up to $12. So if you bought at 0.65 and it went to $12, you had to have bought it before the reverse split then you road it down to 0.0054 and suffered the reverse split and then held it as it went up to $12. But if you did that, every 850 shares you bought at 0.65 were converted to 1 share.
So if you bought $10,000 worth at 0.65 that would be 15348 shares (10000 / 0.65). If you then road it down to the split that would have converted to 18 (15348 / 850) shares. Then, if you held those 18 shares until $12 the would have been worth $216 (18 x 12).
So you turned $10,000 into $216.
If you can show me I am wrong here please do.
What are you talking about?
This company has never shown a profit. Ever! It has never been "firing on all cylinders". It has always been on the brink of disaster.
It never went from .65 to 12. Ever!
It's like you don't even keep up with Musclepharm at all.
Yep!
Another key metric - their company saving natural line is a complete bust. It accounts for less than 1% of revenue. Most will expire unsold.
Their Fit Miss line is low single-digit of revenue.
Typical bad results surviving on limited credit.
They have the nerve to talk up their in-house gym. This has never been anything more than a playground for Brad and now Ryan. It is nothing but a liability for Musclepharm.
Just think, what is it 8 or 10 years now and Musclepharm has lost money, lots of money, every single quarter.
You could trade 2 shares of MSLP and get 1 bar. LOL
Not many.
The pre-split adjusted price is now 0.00043 per share.
Anyone doubting bankruptcy now?
You couldn't have called it any better. And detailed, painstakingly, the multiple reasons for the collapse.
Why people on here attack you every step of the way is beyond me.
Seriously? BB knows the desperate financial shape Musclepharm is in. Taking half now verse nothing at bankruptcy is an easy choice to make.
And if BB made faulty product bad enough for Musclepharm to seek out a new manufacturer, why would they even consider going back to BB?
Musclepharm were trying to scam BB and it ended up bitting them on the a$$.
The pre-split adjusted price is now 0.00084 per share.
Please, they couldn't afford to pay them so they made that up as an excuse.
It's this nonquestioning faith in these crooks that have kept you long in this stock while it does nothing but tank.
How many times do they have to pull this stunt before you realize what is up?
The funny thing here is, Musclepharm will skip out on paying their new manufacturer like they always do and will get sued again.
Looks like Musclepharm's Natural series didn't do much for the top or bottom line.
They are done. No options left.
Good call! LOL
stupified777 Tuesday, 10/24/17 02:13:55 AM
Re: bugsbrunny post# 79826
Post #
79830
of 79962 Go
Please...I beg you...Short the stock!!
Vitamin Shoppe takes $106 million writedown, reports massive loss primarily from sports nutrition category.
https://www.nutraingredients-usa.com/Article/2017/11/13/Vitamin-Shoppe-takes-106-million-writedown-reports-massive-loss?utm_source=newsletter_daily&utm_medium=email&utm_campaign=13-Nov-2017&c=WRrJVl7LJ0nM9jgXB98mLw%3D%3D&p2=
Vitamin Shoppe blames 80% of the earnings decline to drop in sports nutrition sales. Calls sports nutrition a race to the bottom.
This is a sign of things to come in MP earnings.
That whole charade went down exactly like you said it would. Great insight!
Could never figure out why the cheerleaders on here couldn't see the writing on the wall. I have pointed it out to them for years now and you certainly have.
I guess some people take it personally when they are told they are wrong. That and the fact that most investors are driven by emotion.
Yeah but their natural series just came out . . .
LOL
In Drexler's mind yes. For you and other shareholders, no.
It's pretty simple.
Drexler didn't go into this with bankruptcy in mind. I'm sure he thought he could turn things around.
But he got in too deep. Made some stupid, desperation moves and now plans have changed.
He has since structured his notes making him the only secured creditor. Bankruptcy is the only way to possibly salvage his investment.
What is crystal clear though is that Musclepharm is done. There is no turning this thing around. Their momentum is gone. They squandered their opportunity they had 3 years ago.
How long have they been in business now? 8-9 years? And they have lost hundreds of millions.
It's funny how people fall in love with their investments and throw all common sense out the window to rationalize their reasoning. This flaw is what separates the losers from the winners. And it's clear from the posts on here who is who.
I hope they weren't counting on this $3 million.
https://www.law360.com/securities/articles/975344/liberty-needn-t-cover-client-s-3m-expenses-in-sec-probe
Yeah, don't you remember, if Wynnefield is buying it must be a solid investment.
New all-time low!
It was flagged by a government regulatory agency. Regardless of what the Mayo Clinic says, it's flagged as dangerous by a government regulatory agency.
The fact that this doesn't concern you as a shareholder personifies the very mindset of a typical Musclepharm investor.
Anyone, please, give one solid reason to invest in this stock.
Abuse? What exactly is the abuse you reported him for?