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Friday, February 10, 2012 2:43:36 AM
This is my opinion because this product is just too damn good. Personally I don't think Walmart would stock an item they they can not in turn make a profit off of as well. Much less, putting out a huge display like this in the middle of the floor... This is usually how they showcase items like new hit movies on dvd release date... as soon as you walk in theres the big showcase.. even though electronics is in the back of the store.. they know it will sell if people see it...
Also look at MMA Elite... They have had a successful run in Walmart and seem to be doing very well. Does anyone know the location of the supplement display? Is it close to the MMA Elite line of apparel? So all of the followers who go to get clothes can see it.
You have two major players here in their respective industries partnering with Musclepharm.. Walmart, and MMA Elite... I personally do NOT think they would take a chance if they did not think they could make money.. Also do you think Walmart or MMA Elite would partner up with a company who does not know how to spend? They would lose money also.. Not to mention they have already stated it will go nationwide.. These three companies are now in someway connected to one another..
So I started looking at the likelihood of this stock going up based on the numbers attached to it. The first place I looked to reference this stock against was the infamous SIRI that everyone talks about on this board. Here is a good article I found.
http://www.forbes.com/sites/joanlappin/2011/05/05/siriusxm-surpasses-2-without-a-reverse-split/
Notice the title “Surpasses $2 WITHOUT a Reverse Split”
First paragraph….
“over the years diluted its shareholders, now over 4billion shares outstanding”
MSLP at 2.5billion authorized total, with 546.7million outstanding.
Sirius’s Outstanding shares as of now are 7.32x more than our outstandingshares!! They are at $2.
“the management gave itself millions of additional shares”
hmmmm sounds familiar..
Paragraph 5…
“Owning Sirius had little to do with its own management. Any CFO could restructure debt, even one who helped put the company at death’s door by poor decisions a couple of years ago. And any company can cut costs when it has to”
***Take note that on February 9, 2009, SIRI opened at $0.12, hit a low that day of $0.05, a high of $0.13 and closed at $0.10…and it never returned to this level.. I believe this is where we are at with MSLP...... Take a look for yourself look at your charts and put a time frame in of February 08, 2009 to February 09, 2012 and you will see what I believe the MSLP stock is capable of over the next 3 years, if not sooner..
I believe MSLP looks better than SIRI did @4billion OS… This why today, again I will buy in and average down and get ready for the ride up..
I just wanted to share some of my personal research, that involves the current situation with this company, compared to another company that was in this situation.. This is why I am Pro MP, even in the face of dilution..
GLTA
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