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Re: greasemonkeyshoes post# 18630

Monday, 04/01/2019 1:01:50 PM

Monday, April 01, 2019 1:01:50 PM

Post# of 19255
I can't say it enough. The ER doesn't matter. Sam's game is not the same game you are playing. You have two different objectives. I am firmly convinced that if IVFH finally turns around this most recent acquisition (and I believe they will one way or they other), then they will just find another similar situation to invest in.

You want IVFH to make money and return to $1.40 like the good old 'Make IVFH Great Again' (MIGA) days. Of course, those days didn't exist. They had just bought Fresh Diet and the fools who follow this company had no idea what they were buying. So they bid up the price because buying FD at less than 1x sales was such a steal. Some dopes valued this stock at $1.40 to almost $2, if memory serves correctly.

Meanwhile, like our friend Wily Coyote, Sam had just run out over the cliff. His feet were still running, but the company under him was gone. And down it fell. Those in the meal plan business could only watch in amusement.

So while you pine for the MIGA days, know that Sam's game doesn't include your fantasy. He's got another game. Let's play Global Thermonuclear War with shareholder value, shall we?
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