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Friday, May 29, 2015 10:40:06 AM
Not much is fed to investors inbetween quarterly earnings. So, any Musclepharm SEC filing, press release, or any other indicator might be reacted to, and even be brought out of proportions both positively as well as negatively by investors....
Among other things, taking a closer look at Cable Car Capital, and the announcement of resignations of some board members yesterday definitely changed my stance.
Regardless of board members resigning, and regardless of my personal stance, Musclepharm could possibly make it if it delivers the sales growth that it preached. That is the speculative element of the stock, as you sense it is working in a very tight space financially.
I would take into consideration all the things that could go wrong if that doesn't happen, just as a precaution.
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