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Re: Madcowelixir post# 80166

Friday, 04/20/2018 4:01:31 PM

Friday, April 20, 2018 4:01:31 PM

Post# of 80867
Everyone has gotten killed in this one the past few years. Had to bail when it hit $14.20 or within a couple dollars of that top. Every initiative since 2014 has failed and the company is accelerating downward now. I sold my last shares at $1.50 and at that time began posting everywhere I could that people had to jump ship. I was over optimistic since my initial target when it was at $1,.50 was $0.65. We crossed that threshold and now bid is .30 and moving lower. There should be a stopping point for the drop because they still do have some agreements in place with Kroger, Costco and BodyBuilding.com.

If there are able to issue some positive news on a semi-regular basis there could be a slowing of the decline and eventually put a floor under the stock. I think it is worth .65 - .85 with the most recent information available. It is possible that things are worse than reported which could change these targets. A buyer should step in and turn this thing around at those levels. Given the pressure today someone might be able to buy this thing for half of that amount. There is some value left in the name and product loyalty. Now is the time we have to establish what that value might be.