Too bad spongeme, sooner or later this company will have to start relying on reorders, and that will be the death knell for this play. When a company is growing, the sales increase, because they are filling new orders as long as they find new customers. When the new customers dry up, the reorders take the place of new sales, and if reorders are nonexistent, the sales fall of a cliff. If CVS took an 10,000 initial order for car sponges, and only sold 5,000, how many more are they going to order? If they sold less that that, will they even reorder at all? This company is getting close to the reorder phase, and that will show what is really going on with sales.
GLTU
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Hey Underdog, great news as was reported yesterday. The booked orders for the first 2 1/2 months of the new year has almost equalled the entire revenue of 2009. Makes you feel really bubbly inside, doesn't it?
