Agreed, Tryz. As Warren Buffet stated, "The wa
Post# of 7769
Posted On: 01/06/2014 1:19:33 PM
Agreed, Tryz.
As Warren Buffet stated, "The way to look at a business is, "Is this going to keep producing more, and more, and more money over time?" And if the answer to that is yes, you don't need to ask any more questions."
And as Peter Lynch said, "Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies."
Probably equally fitting for the recent price action is another one of his quotes: "The key to making money in stocks is not to get scared out of them."
With Scrips, the fundamentals are quickly improving (now up to 2M run rate on the JV business with only 1 sales rep and without the class 2 license to sell and distribute controlled substances), but the PPS is trending in the opposite. People still have no clue about the potential of the JV revs with both WRx and PIMD having their class 2 licenses and having a full sales staff tapping more of the 22.5M independent operators in the U.S. Eventually, the disparity between the company's improving fundamentals and the stock price will correct and all the longs who recognized this disparity will be heavily rewarded. If I was in charge of the trading for Ironridge, I'd ease up on the selling, take some time to fully understand this company, and make my employer much more money.
Accordingly, Team BSAV is up to at least 5.3M shares. And many of my friends are sitting on the sidelines waiting for more positive news to hit before jumping in.
Good luck to all the longs, as well as those waiting on the sidelines ready to pounce.
BSAV
As Warren Buffet stated, "The way to look at a business is, "Is this going to keep producing more, and more, and more money over time?" And if the answer to that is yes, you don't need to ask any more questions."
And as Peter Lynch said, "Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies."
Probably equally fitting for the recent price action is another one of his quotes: "The key to making money in stocks is not to get scared out of them."
With Scrips, the fundamentals are quickly improving (now up to 2M run rate on the JV business with only 1 sales rep and without the class 2 license to sell and distribute controlled substances), but the PPS is trending in the opposite. People still have no clue about the potential of the JV revs with both WRx and PIMD having their class 2 licenses and having a full sales staff tapping more of the 22.5M independent operators in the U.S. Eventually, the disparity between the company's improving fundamentals and the stock price will correct and all the longs who recognized this disparity will be heavily rewarded. If I was in charge of the trading for Ironridge, I'd ease up on the selling, take some time to fully understand this company, and make my employer much more money.
Accordingly, Team BSAV is up to at least 5.3M shares. And many of my friends are sitting on the sidelines waiting for more positive news to hit before jumping in.
Good luck to all the longs, as well as those waiting on the sidelines ready to pounce.
BSAV
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