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But what does this news say?
Is this a good thing because there is a famous name behind it?
Or, has the company found itself in such dire straights that Thomas' money is bailing them out?
None of the weed or derivative weed stocks seem to be doing that well right now. None of them have really caught on yet.
I had been watching this stock through most of May, and was reading just two weeks ago about how AA was a prime candidate to seek bankruptcy protection. Meanwhile, I just invested in a birth control treatment that just got FDA approval but has gone down 50% since.
Ffs....I still don't understand how these dang things work!
I am only kind of a novice here, but my theory is that it's not moving right now because of 3 things:
1. After the FDA approval, the stock made it up to $7+/share. The people who had invested in this stock for years finally decided to cash in. This was balanced by the new investors who came in, with some dropping back out when the price started to wane. In other words - an overcorrection is happening.
2. Most women don't know about this treatment yet. But I read that the business will start pushing this product in the fall. It's possible the company could be selling to liquidate some assets to generate revenue and subsidize the upcoming marketing push.
3. Here's the big one - The main group of women that would be interested in this would be single women. However, in the current age of coronavirus and social distancing, these women aren't having sex. So the success of this product is really dependent on a cure, vaccine, or suitable treatment for COVID-19.
IMO, you should see the stock go back to stabilizing at around $5 again. But this is a Strong Buy, as this product already beats hormonal contraception, as well as Depo-Provera, a shot that creates a really bad odor in some women. But you're going to have to wait quite a while to see some upward movement.
(As they say on this site a lot) My 2 cents.
"Two crooks...dog$h** sitting on $.0247~ POS NITE n CANT~ "
Is this Latin? Esperanto? When I figure out what this means, I'm in.
Questions from a newbie...
I have been watching this stock for some 6+ months now. I have seen:
There was SAMP.
SAMP was run by someone named Tommy Hoang who was working on a string of pho restaurants in the Dallas area.
Then SAMP changed to USAR.
Another Pho restaurant and seemingly others on the way.
Then nothing.
Now Hoang is out, and USAR is taking a new direction to become Chron to become a Home Services solutions provider???
"Management believes that the convergence of the home alarm and home automation industries together with energy efficiency and utility services represents the future in essential home services."
How does a company go from Pho restaurants to selling home energy efficiency services?
What value would a company building a string of Pho restaurants be to a company selling home services?
Why is no one here concerned about the company changing its name/symbol twice in less than a year?
Is anyone concerned that the links point you to a Chron website that only consists of a few basic pages?
Why would a serious company sell a stock at 0.003 per share? At such a low cost, how come this stock hasn't virtually moved at all in the past 6 months.
I'm 22, and trying to understand how these stocks work. I've only invested a little over a thousand, spread across several penny stocks. But it seems like the same pattern for each one of these I invest my money in. They all end up losing or going nowhere.
I understand there are no guarantees, but some of you come here sound so sure that it will go up, and I have no idea what sources you're using to be so sure because I can't find any real articles other than speculation. I see the volume, but that doesn't say a lot considering the stock price is so small.
It's kind of interesting - kind of - to go back two years or so to read the posts of how "positive" many of us were about this stock. "Going up, up, up!" "Looking good." we said.
We were so thirsty for financial (or any) information that we gave credence to something that didn't deserve it. Many of us strung each other along, with the prediction of good news coming just around the corner, when the person we really needed to hear from, Mr. Fuselier, remained silent. We ignored this silence and took it as a positive, even when he gave us little reason to do so.
We ignored months of no change in price or activity, the decision to discontinue the only tangible product they had, the issues with their PR firm, employees who quit or did buyouts, the companies supposed litigation with a supporting company, and the CEO ditching some of your calls. And of course, the failure to put out financials for months on end. If the financials were grossly positive, why would there be a delay in posting them? Yes, the signs were there, but we chose not to listen.
As with many of these pennies, the hypemen that troll these boards started the engine, and we kept it running, even after they had long jumped off.
Like you, I went from hoping to double or triple my money, to hoping to just get a profit, to hoping I would get my original investment. When I saw the number of posters go from the tens to several, and then to just two or three, like you I thought: "DF is not going to do us this way, is he?"
I lost too, but I consider this is a great learning experience on many different levels.
DF basically treated us like the schoolgirl that strung us along, let us believe she liked us. And we complied and waited for her, only to find that she was dating someone else the whole time. Then we kick ourselves for ignoring all the warning signs that are now so glaringly obvious.
I can't be angry about him, and I do not even want to hear from him. I doubt he cares about me or his business reputation and integrity. I'm sure he knows that if you succeed today, no one cares about past failures.
However, he gave us all a valuable lesson - learn to criticize, scrutinize and question what the people that head these companies say and do, as well as what they don't say and do. Never fill in the blanks with these guys. And remember that penny stocks are The Wild West of the stock market.
Yelp Reviews ranging in the twos
Sorry if I'm late to the party here, but is anybody else here concerned about this:
http://www.yelp.com/biz/pho-house-dallas-2
Can a restaurant recover from this without some "Under New Management" gimmick?
Honest question from a relative newbie...
1. I've been watching this stock for a while (getting tired of looking at "pinky girl"). While the business itself seems moderately successful, the stock price is down in the sh**ter. Why would the company offer stock in the first place? At such a low price, I don't see how the company can be pumping this for their own gain.
2. Some of you guys keep saying "It's coming" or "Whoo, it won't be long now". How do you know this??? How can you be so sure things will go well for this stock/company.
I have to figure that with all the dumping at the least bit of profit, it would seem to make it vitually impossible for this company to reach even pennies. Seems like the only way this company makes it there is if they are bought out by a much larger chain.
Over $1 we go, huh.
Thanks for keeping his feet to the fire. But I think he's just hoping everyone will forget about this for a while.
I'm with you.
I just came from a stock where, this time last year the CEO projected $22M in profits for the year 2014. All the same hype you see here, while dawdling to a yearly high of 0.015 ps. As of right now the company is scrounging to find $50K to release their financial reports, and are very close to being delisted.
The postings have all but stopped over there, save for the same two "optimists".
I'm looking for these articles that support the hype of this board, but I don't see them. Until I see it, I'm thinking pump and dump.
But I am watching closely...
Not to be a smart ass but, we are the same place YOU are, just hanging out. What took YOU so long to come to the board?
Honestly, I had this stock for a while and planned to dump during the late summer when it usually hits its peak. But it didn't happen this year.
I have no idea why it went down or why Zacks gave it a strong buy all of a sudden. But based on past performance, it should get well into the $4 mark by late summer.
If this ends up going down the way we fear it will, make sure you spread the word about this guy's "reputation" for keeping investors in the lurch the next time he heads up a company.
I asked earlier on this board if this is just some random guy doing business from his parents' basement. One of you guys emphatically denied it. Even though I was only joking, I haven't exactly seen evidence to the contrary (heh).
Has it been a year since we've even seen an article about NLEF? It's almost November - so much for that yearly "prediction", eh? Can't even get to $0.02?
I also wonder if he reads these boards.
IMO, you should not have had to ask HIM about the website going down. He should have openly divulged that information to you/us in the form of a press release.
This Mr. Fuselier knows that shareholders have been waiting for news - any news - regarding NLEF. Seems like a company should be aware enough of its own expenses to know when their website is in danger of coming down. This news should have come out weeks ago.
Unless you are changing your company name as a way of dissassociating with the current situation (which might actually be helpful right now). I take it he did not give you that impression.
I sure hope I am wrong, but I look at this as a step backward. Now, instead of asking about financials, you'll be asking "When's the website coming back up" for the next 4 months.
I don't like the game they're playing.
There's something wrong with this combination...
The only reason why the stock is this high is because the same people are stockpiling it. Yet there are others who are standing by waiting for the price to dip further before buying. You know, the ones who are holding out for .15 then selling at .26, which is still keeping everyone else who bought at .27 and up in quicksand.
I still see the potential in NVLX, but man, for those of us who believe in NVLX LONG-term, how are we going to overcome this pump and dump roller coaster?
No disrespect, but does anybody get the feeling that New Leaf Brands is just some guy doing business from his mom's basement?
NLEF is just starting to sound more like a one-man, part-time operation to me...
I'm thinking that the CEO is waiting to give us financials because those financials aren't very promising right now.
He's probably stalling until he can report GOOD news. A CEO never waits to report good news, right?
All due respect, but I don't even see how 6 - 10 cents is possible. Especially when there are so many of us that are waiting to turn a profit - ANY profit - off the stock. This gets around 2 cents, people will start dumping, like they did earlier this summer (I was out of the country or I may have done it too). Riding the long/short wave takes way too long here. It would have to take getting bought out by Pepsico or something surreal like that for people to stick around.
"We should have PR soon..." Ugh. How many times have we read this on this board?
By the way people are playing this stock, will it ever get back up to .01 again? Not too optimistic here.
Man, what happened?! So I'm on vacation last week, out of the country on a cruise with unreliable internet access. I come back to see a quick rise and big dip? I've been monitoring this stock for several weeks and the one week I can't, THIS happens?
With so little news out there on NLEF, what exactly happened last week to make this sudden rise/dip?
Buying more at .011. I will try to play this through the summer, which should be the barometer as to whether this company's products have a chance.
As a graphic designer though, their packaging design needs a serious overhaul to one that emphasizes its all-natural, fruit, organic or vitality qualities (if it indeed has that).
As a newbie, I am a little confused. Why, if people are buying such huge chunks of this stock, is the price going down, amidst all these predictions? Or, perhaps that is the problem? Just trying to read between the lines with some of the posts I'm reading here.
(I have stocks in other reputable companies, but I'm taking a small gamble with some penny stocks just to see if I understand how the markets work)