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Friday, February 06, 2015 12:23:34 AM
Fact is that we have a quite good feeling about where Musclepharm is in terms of revenues and earnings based on the q3 earnings report and conference call.
Revenues are up and earnings are not too great, actually negative.
Musclepharm wants to provide a better guidance into the current quarter and the following quarter before it drops the bomb, announcing the loss of q4.
None of Musclepharm's attempts at controlling the emotions of investors helped, and here we are. The stock dropped to $7.
I wouldn't put too much emphasis on any of that. All I know is that people are out there spending money in bricks and mortar big box retailers as well as over the Internet. Also, I think that Musclepharm could reach sales of $60-100 in the protein bar product category over the next 24 months and that it will make good money on that category.
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