InvestorsHub Logo
Followers 140
Posts 29808
Boards Moderated 0
Alias Born 02/03/2005

Re: blink9 post# 130632

Sunday, 05/23/2010 11:05:12 PM

Sunday, May 23, 2010 11:05:12 PM

Post# of 241047
Investors are putting far to much hope into these DRTV ads. The sales this company needs to get in the black isn't going to come from the DRTV ads or even a major retailer. The people that are buying WC are either buying it on line or driving several miles across town or even to another town to get it. So what happens if it's at a major retailer and easily availabe? For one the internet sales will drop dramatically and the people that were getting it at a paint store across town or a convenience store will now be getting it at the major retailer so sales will also tumble at the paint and convenience. Just because a product becomes available in more places doesn't always mean more people will buy it or people will use more of it. If the average person in this country drank an average of 1 pint of mild a day do you think if you doubled the number of places you could buy milk do you think total milk consumption in the US is going to go up and now we are going to be drinking 1 1/2 pints a day? So you increase sales at the national retailer and you cut sales on the internet, paint stores, etc. I figure in about another 9 weeks when and IF Eric puts out the next quarterly earnings it will suddenly become obvious that the debt and stock dilution has become so great there is no way of digging itself out. Actually, I believe the numbers show that already because it stands to reason you can't survive very long when you have 3 times as much going out every day and you have coming in and that numbers only continues to get worse day by day. A double or triple in sales just doesn't do it anymore. If there is going to be any major announcements they better come in the next 9-10 weeks or the .016 we saw in January may very well be the high for the year. I know that several posters on this board feel I am right by the emails and PM's I have received but there is no way they are going to let the board know it but you can bet than on any half way good run they will be bailing. This stock had some nice runs in the past but it also had far more posters and investors interested in it and the stock would trade more dollar volume in the first 15 minutes of trading that it does now in an entire day. Too many investors have been fooled to many times by this stock to bring those investors back. This stock has had it's 15 minutes!