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Re: None

Saturday, 02/07/2015 7:47:04 PM

Saturday, February 07, 2015 7:47:04 PM

Post# of 80868
When the market is negative, then you have to wait.

We are not in a time of panic now with the overall economy.

I remember Perry Ellis trading at $3 early in 2009, and it just secured a credit line of $200 million from Wells Fargo....The company was worth $30 million.

That's an example of extreme market melt down.

In 2015, it looks like things are still adjusting in China, Japan, Europe and Latin America....but really, things are a whole lot better, and the future should be brighter. The US economy is just fine, and in particular big box retailers are doing better than ever.

So, what's all the worries about? Why were nobody worried back in October when the stock price was $13.8?

I was a little worried and sold off some chips, I went back in with some of them lower, and then more at $8.3...but hell I was a lot more worried at $13.8 than at $7. I haven't lost anything yet, I still got my stocks.

There has been nothing alarming about anything Musclepharm has been reporting. Did it seem odd that it wrote up the newly acquired biozone assets? Well, current accounting rules for acquisitions require the acquirer to record the difference between fair value of the acquired net assets and the purchase price as a gain in its income statement.

Musclepharm has to follow current accounting rules to the letter with an undergoing SEC investigation. It's pretty clear to me that Musclepharm made a good deal with Biozone.
That some investors consider actions that are required by law questionable is just sad...it's very sad for them if it made them sell their stocks, because there was no problem...it was positive news that was turned into negative news.