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Tuesday, March 10, 2015 10:59:58 PM
The US dollar is terribly strong at the moment and that is a HUGE problem to any company that relies heavily on international sales....so, even if revenue is not too impressive, it's not all too bad.
Q1 revenues will hurt even more from the strengthening US dollar....and possibly from the missing sales at Walmart and Sam's Club as well.
I just hope that q2 gonna be good, be it from weakening US dollar pushing international sales or from explosive sales growth of protein bars domestically.
Short term, the stock may jump to $10...but to get back to $12-14 price range, the acquisition needs to push through and Musclepharm would need to sell more through GNC and Costco.
I won't count on sales from Sam's Club and Walmart until we get some clarification regarding the lack of Arnold Iron Whey at Walmart and Sam's Club stores. It might be some temporary issue, but it could just as well be some permanent issue...who knows?
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