JRjr33 Inc (JRJRQ)

[dancingblonde]

So no one is mislead, on 5/22/15, Groove VC posted the reasons why they removed TZOO & added CVSL in its place:

"Travelzoo Update – Removing From Buy List

We are removing Travelzoo from our recommended buy list and suggest that Groove members consider selling at least enough shares to cover their original cost. On February 3, 2015 we added Travelzoo to our recommended buy list when it was trading at $8.68. At today’s range of $13.25-$13.40, Groove participants can book a 50%+ gain in just over three months and we believe it makes sense to sell at least enough to cover your initial investment at this time.

While we still believe that Travelzoo has the potential to move exponentially higher if it makes the successful transition to focus on commission based agency hotel bookings, we are increasingly seeing evidence that TZOO management is finding it difficult to make the transition. Frankly, we do not understand why the company is moving so slowly, as our most recent checks indicate little to no growth in inventory or markets since the start of Q2 and we can not find evidence that Travelzoo is aggressively pursuing the rollout like we were expecting. In summary, we still believe there is tremendous value here and great potential, we are just not sure that this management team can make it happen and while we see tremendous upside in an acquisition scenario, management’s 50%+ share ownership makes such deals hinge completely on management’s desire to sell the company."


Doesn't sound like Groove VC made a mistake w/TZOO to me. Quite the opposite. They didn't leave "Groovers" hanging, but gave rational, well-thought out reasons for their timely recommendations.

So, back to ignore.

CVSL$$$