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Monday, April 06, 2015 12:37:18 PM
It states that the company is struggling with payroll....and that was exactly what the company did at that point in time....So, no short sellers had anything to do with that.
Had I read it before quarterly earnings announcement, I would definitely have sold my stocks back then.
The executives at Musclepharm really don't seem to include employees much in the upside of the company...it looks to me like bodybuilding.com is run in similar fashion as well.
Baseballplayer thinks it doesn't matter...I disagree strongly....The complexities of becoming a company with $200 million in a few years take a team of many competent people...it's not just the work of a few executives and board members.
Interestingly enough, the owners of Clif Bar & Co acknowledges the importance of it's employees...by giving them a 20% ownership in the business....and I'm sure that money didn't just go to the Ceo and to other top executives.
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