Followers | 7 |
Posts | 1577 |
Boards Moderated | 0 |
Alias Born | 02/27/2014 |
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.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM