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Wednesday, June 08, 2011 8:36:12 AM
Exactly. I mean come on would the price have ever gone up so high if JD had not PR'd about deals with Wal Mart, Lowe's, and Home Depot and held a conference call to talk about their future $100million product?
He even said in the conference call that Wal Mart could account for over 20% of their business in 2009. He predicted 6 million in revenues for 2009 and 17 million for 2010.
These are what inflated the price. What did people think would happen when these things fell apart one by one? Never mind the fact that the share structure increased drastically.
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