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keysgal

04/29/13 7:38 PM

#7147 RE: livinginstyle #7146

More BIG GREEN SPOM days coming this week, this is just the beginning!
SPOM CEO Michael Braunold, Chief Executive Officer of SPO commented: "We are very pleased with our fiscal results for 2012 and backlog position which show a strategic turnaround for the Company - this was achieved in a relatively short period of time after our decision to distribute under the HoMedics private-label which gave us immediate access to mass-market retailers worldwide. We have also made our first shipment to the international market outside of the United States and we see further upside during 2013, by leveraging on our joint-success to date."
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Toxic Avenger

04/29/13 8:03 PM

#7149 RE: livinginstyle #7146

No, day trading is very short term. Typically within minutes, always in the same day, hence the name.
Flipping is much more intermediate term.

Anyone trying "buy and hold" on a stinky pinkie is asking to lose money, but to use that strategy when there's multiple death spirals in place, well, they'll learn quickly.

I've seen nothing to indicate Homedics is paying all manufacturing costs, nor have I seen anything saying they are splitting profits 50/50. In fact, based on the 10K, it appears SPO is bearing most of the manufacturing costs and that is a drag on production.

What's most interesting is revenues in 3Q versus 4Q of 2012. Might want to take a look at those figures. ;-)

Flipping is the only way to go here, IMHO. At least if you don't want to get stuck holding a very large bag.