InvestorsHub Logo

Dickmo

05/18/17 1:44 PM

#17937 RE: otcbargains #17936

As one who does not believe in coincidence, I am concerned that there is a reason for this decline. I am not buying the general market decline theory. I am also not convinced that all those shares being issued is the reason either. This condition has been going on for many quarters. Why now is the selling pressure such a problem?

If you buy the smart money concept, then something is up. And it's not positive. I have done some really stupid things with money in my life. This stock price is getting very tempting. I am seriously thinking about buying. There are only a few events I can imagine that might happen to justify the current price or lower. The question is whether one or more of them is in process.

All things considered, I would see a further decline as a huge red flag. Personally, I don't expect that to happen. It could, and that is why you can't buy and forget about a penny stock. But for those who have been here for many years, this stock has been undervalued for a long time before. It's not the undervaluation that is the big concern here. It's the decline either in spite of or because of a 10-K. Not buying the coincidence of decline and 10-K.

greasemonkeyshoes

05/18/17 9:01 PM

#17938 RE: otcbargains #17936

I disagree with your plan...........
"IF it doesn't start moving up early next week I will just move on. "
Why:
1 Sam is cleaning up the problematic balance sheet,thru a pseudo internal IPO(equity for debt/liabilities/payable). This may be costly to current investors since it drove up basic shares count to 29.98 million as of 5/10/2017 but offset by balance sheet improvement.In Q2 the balance sheet should move up to fair from Q1/prior bad.This is a good move and needed to attract next wave of new investors,like me.
2 Sam is maintaining topline growth rate north of 10%+(2016),and 18%(1q 17/1q 16).I expect 2017 yearly growth rate average is around 15%+.WWwooowwww.
3 Product items for sale is around 7000 from 5000(2015/2016?),and the stocked items are around 1200 items.Carrying cost of inventory have been kept below $1 million or turnover rate of 40(leveraged with 3rd party direct shippment). WWWWooooowwww.
4 Net income of ivfh is 20x of USF.WWWoooooooowwwwww.
5 operating income(32%),s&g 20% and lower
6.......
plus
There is an increase of float of 5 million shares since the end of 2016 and with average traded volume of 100K,one should give 2-3 month and wait for the new buyers eating them up.
My guess:
After next ER(8/15e) with eps=$0.032+,the PE should start moving up.

ps-why worry,if the underlying asset is improving and generating lots of cash!
ps2-to those disgruntled old farts: FD debacle was a multi-million dollar experience/cost;to the new investors: Sam is armed with this not-to-do-it-again experience and it is worth millions of dollars in my view going forward.


RNsidersbuying

05/19/17 9:04 AM

#17942 RE: otcbargains #17936

I am frustrated too and considering moving on. I can't afford to hold stuff forever no matter how undervalued it is. I need cash flow to pay my bills.

You're too good a stockpicker to allow yourself into that negative predicament. Seriously, smaller positions, something different - traders cannot allow themselves to make hard-decisions in this mixed-up-stock-game based solely on poor money-management, jmho.

If you do decide to bail, I've got a parachute for you bid in just under .55