InvestorsHub Logo
Followers 3180
Posts 208744
Boards Moderated 2
Alias Born 02/04/2004

Re: Squeezer post# 194042

Wednesday, 02/27/2013 12:29:09 PM

Wednesday, February 27, 2013 12:29:09 PM

Post# of 241040
SQUEEZER as I've said all along...Eric and WNBD the company will continue to be just fine! He can continue growing the biz however he sees fit...but if he's creating no shareholder value and prep'n to reverse out his 1st crop of longs...then this las vegas show is nothing more than a typical WNBD decision that shows the true under-lying lack of focus/vision to create shareholder value for his remaining 1st crop of shareholders at some point along the great expectation road of the past 7 years!

That hardware show has been going on for years...what brilliant part of Eric's 10 year growth plan suddenly decided that this year was the year for WNBD to book a booth?

Do you not remember all the great fanfare/speculation from all the other various shows WNBD has already attended over the years not translating into a hill of beans difference in their stagnated per annum sales of the past 4 years despite all the new accounts gained claims?

My post was not begrudging the fact that the CEO has decided to book a booth at this years Las Vegas hardware show and attempt to sell product. My point was why bother now when clearly there's zero remaining discount share funding room in play these days...hence zero branding budget to show any potential new buyers who make decisions for big box chains. And believe me no big box USA purchasing manager grants their valuable shelf space to co's who can't prove to them in advance that their product is going to be a great seller hence make the chain money!

So does anyone really believe that Eric going to las vegas for a week in may is a sound use of his time/effort/monies given all the current capital structure/lack of growth challenges WNBD is currently facing?

http://en.wikipedia.org/wiki/National_Hardware_Show#History

Love the trend not the stock - If you fail to plan your trades you
plan to fail


"Never buy or sell based on anything I post - my posts are just my
opinion