Reeds Inc. (REED)

[gfp927z]

Wow, what's going on with this turkey?

Reading through the transcript from their most recent conference call, there was a strange confluence of bad events, but the way the stock has been hammered, there must be more going on. Any ideas?

Changing to a different business model, where they outsource everything to outside contractors, has some advantages. But who would have known those 3 outside contractors would all have problems at the same time? The odds of that happening were slim, but it happened.

While bad, it doesn't seem like the end of the world, but the stock is acting like the company is going under.