(Total Views: 695)
Posted On: 02/15/2017 1:40:52 PM
Post# of 75360
Or they intentionally didn't produce cans to drive sales because they're shifting their focus on an expansion, perhaps?
If you go into a narrow mindset and look at 1 quarter and speak doom and gloom without any context, sure, the company looks like it's about to fall apart.
If the China deal doesn't go through, you're right. It's probably the end of everything.
However, why would a Chinese company purchase control of a company that has seen substantial growth in just the last couple years with rebranding, new distributors, and retail stores showcasing the product? Maybe they see something we don't?
MAYBE, just maybe, the financials were intentionally shitty as a strategy to get more shares purchased or an overall better deal for Li and Company.
Not going to lie, but this stuff is concerning, but I invested in the company for a reason and not going to let a quarter like this deter my original investment strategy. If you want to panic sell do it. I'm putting my faith in Jerry for the next couple weeks and hopefully he delivers, if not, onto the next investment and lesson learned.
If you go into a narrow mindset and look at 1 quarter and speak doom and gloom without any context, sure, the company looks like it's about to fall apart.
If the China deal doesn't go through, you're right. It's probably the end of everything.
However, why would a Chinese company purchase control of a company that has seen substantial growth in just the last couple years with rebranding, new distributors, and retail stores showcasing the product? Maybe they see something we don't?
MAYBE, just maybe, the financials were intentionally shitty as a strategy to get more shares purchased or an overall better deal for Li and Company.
Not going to lie, but this stuff is concerning, but I invested in the company for a reason and not going to let a quarter like this deter my original investment strategy. If you want to panic sell do it. I'm putting my faith in Jerry for the next couple weeks and hopefully he delivers, if not, onto the next investment and lesson learned.
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