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Wednesday, October 28, 2009 6:36:07 PM
It is a shame that the CEO pumped up the value of this stock in order to create some cash flow.
It is a shame that he sat on financials in order to not slow down the momo before the Etc. launch, if you can even call it a launch. More like a tiny ball rolling down a bunny slope.
100 million in revenues makes me snort my soda every time I read somebody post about it. Everything with JD has a caveat or a disclaimer.
I am fully convinced there is a group of people that is totally involved in the pumping of this stock and that they get their information from the inside. Just read all the posts about people adding. Everybody is apparently adding and thrilled to get some cheap shares, the rest of it is of course all market manipulation. Can you believe there are actually people out there that claim to add over and over? Lots of lies. It is kind of like when JD says no insiders have sold. Really? Then why not file form 3s? There is only one good reason not to file and that is to cover up his lie.
This company is just being exposed. The CEO is being exposed. The financials were garbage and people try to convince others that things are looking up?
I cant wait to read the next PR. It will be very entertaining. There will be no concrete numbers, dates, places, anything. It will be a bunch of JD ambiguous speak.
The only thing that will save this stock is 3q financials that look like there will be a chance to hit 6 million for the year. Remember 3rd qtr will have all of the 1600 Lowe's store shipments. JD said shipping will be complete September 29. So if 3rd qtr is crap this stock is toast. If 1600 lowe's stores cant make this puppy profitable, nothing will.
It certainly wont be their line of crapinets, which are nowhere to be found online or in any stores yet.
my posts are my opinion and should never be taken as investment advice.
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