Thursday, December 22, 2011 12:19:27 AM
I sold part of my position, but I still believe MP is way too hot for this Company not to pop. It should do $40M next year and be valued at $60M. This will only happen if there is some external pressure to control spending. I really thought when they hired John B., that he would make a difference, but that has not been very evident to date.
Dilution is going to happen to meet the growth projections, but we do not need to add wasteful spending on top of the investments. Has Muscle Pharm ever stuck to a budget? They also better figure a way to communicate and appreciate their shareholders!
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