Rookie48, one thing is certain no one on this board or any other board can predict the direction of the share price. If we could, well, we would not be here. We would be hiring a lot of people to help us manage our money.
Having said that, my personal opinion is that the spring is coiling. PR's are great and they do help provide insight as to where the company is heading and what they are working on. They do not always impact the share price.
We have been range bound for almost three weeks now between .283 and .31. The last time this happened prior to a new launch was from Mid - November thru December week 1. .439 thru .46. The pattern is eerily similar.
What happened next in December was a very quick rise thru 12/13 to a closing high of .98 (This is when it rose to 1.25 briefly). How many PR's were there during this run up? Zero.
The EnerJel launch PR came on the 15th and the PPS was down 15%
The next PR was on the 20th and again the PPS dropped this time 22.5%.
Both were very bullish PR's.
December in total from the 1st thru the 31st was still a net 50% gain.
So, why the note on history you might ask. From a timing perspective we are in a similar cycle. Just my opinion though.
Additionally, the last 2 PR's reversed the declines I mentioned above as on both days we were up albeit a little. Unlike others I find this encouraging as well.
Like I said at the top, no one can predict the direction of a stock, I personally see indications that we will not be stuck in the 20's much longer. Again, just my opinion based on my interpretation of what I have read, viewed historically and see on the horizon for this company.
Fuse has built a solid infrastructure in terms of the Management/Board team. They have products that have been embraced by retailers across the Nation. They are working on potential Pharma platforms. There is plenty going on to positively impact the PPS over time. At the end of the day, they need to make money, which by the way is just around the corner. How much will depend on the consumer acceptance and repeat purchases of their products. I think they have done everything they have said they would do, the ball now switches to the general public.
They have Multiple Nationally recognized athletes who believe in what they are doing. (Check out Arian Fosters Twitter background page, could have been anything from Personal to Football to Under Armour.... Nope, he choose to make it Fuse Science!)
I think you made you right choice being here (a shareholder) but this is not one of those PR driven pinkies. Thank Goodness.
AI
