Thursday, March 28, 2013 7:30:50 AM
If
(COGS + SG&A) > selling price
the company losses money. If a company makes something for $1.20 and sells it for $1.00, the more they sell, the more they lose. MSLP management has had over 4 years to figure this out but the bleeding continues.
Do you know how much money I've made "stock-hopping" while some people are sitting on dead money because they think some of the stocks they own are the best thing since sliced bread?
Just my amateur opinion, so do your own DD.
Have fun, DS.
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