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buchro

01/11/22 2:45 PM

#80244 RE: flptrnkng #80231

Flip, do you think the long decline in price last year, apart from the year end tax selling, was due primarily to littleBanc sales? Or to something else, such as disappointment with the long delays or the end of the retail penny stock frenzy that drove the price up to $3 last march?
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JTHawk

01/12/22 1:01 PM

#80258 RE: flptrnkng #80231

The shipping was paid for by restructuring their Amazon deal. By changing their listing from Home goods to electronics, the margins owed to Amazon were cut in half. That was a major reason it was missing for so long. The company then appropriated that savings to pay for all the shipping.