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Thursday, February 27, 2014 3:53:36 PM
Musclepharm is not trading at ridiculous low levels like Electrobras from Brazil that trades at 0.1 bookvalue...This is America, you got a good product and you are growing rapidly....youll get there.
This is not 2009 where stocks went down like 90% in a few days....There is nothing unexplainable in the move.
Was this 13% drop predictable?...Not at all....but I guess an article in Seeking Alpha contributed to it's fall....says more about Seeking Alpha and the emotions of small investors after reading unreliable sources of information than anything else.
Looking at the fundamentals, the company is the same it was 10 days ago.
Should the executives do something about the drop? Not in my opinion...other than considering trimming any stock awards planned and make sure stock options aren't exercisable at levels below P/S of 1.
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