MINE Stock in focus and alert watch. Sparkling
Post# of 1276
Sparkling Ice is $1.79 in Houston at most C stores
Big box stores profits depend as much on volume as retail pricing, resulting in smaller markup. In the convenience type retailer there will be larger markups, much less volume, less massive retail space such as isle displays etc.
Sparkling Ice sells for $1.00 in most places here in Southwestern Pa. I would imagine that Vitamin Fizz would sell for the same price.
http://investorshangout.com/Minerco-Resources...INE-64252/
It would be a lot harder to try to get a consumer to buy your new product for .50 to $1.00 higher than the competator.
I'm sure in other cities Sparkling Ice does sell for $1.49-$2.00. The price of Fizz would probably depend on location/city. Couldn't imagine buying any drinks in Cali for $1.00
I totally agree the cost we paid was never my concern, I was in charge of getting new products on shelves and have competitive pricing for future sales. We prob had 100% markup for I got to it. GL
ha ha that happens from time to time... also like I posted earlier, a 100% day isn't out of the question...
actually, I meant to say chairman...
Most CEOs believe in their companies in some ways. But do we want pps to rise like thin poles or thick building blocks with strong foundations and supports?
If my boss saw I sold 1000 cases of fizz at ten bucks a 12pk, I would get praised, if that same boss saw a retail price of 1.99+, I would get in hot water.
The distributor has to pay for warehousing, the route driver to multiple locations though out the distribution territory, provide through the route driver or an assistant to maintain retail displays, pay a salesman to get the product in a location, provide sampling for introduction to the product, give credit to the retailer for inferior product, etc. Yes the distributor markup must be 100% to absorb the associated cost while maintaining a reasonable profit for the distributor. This assessment is based on the big box store requirements of the distributor in order to place the item in the store, some of the associated cost will not apply to the small retailer.
I was a manager for a distributor for years, typically the distributer sells the retailer with a suggested retail price. Any salesman who sells the fizz for .99 isn't worth shit if he allows that retailer to sell it for 1.99, he won't get much return sales. Typical grocery chain prof margin is 16%(Walmart)-27% other grocery with a 35-40% markup in convenience. Hope this helps, all IMO and good luck to all miners
I've been in this for months and see how many form 4s have come through here. The CEO obviously believes in his company. That's good enough for me.
Yes, Mine does have high quality management. That's a fact.
However, it will take more than a production release to get the big money in. There are pennies/pinkies with similar products on the shelves of Walmart and with wider distribution that are trading in the .0009 range.
Again i don't want to come off sounding like a basher of Mine but we need to be cautiously optimistic too.
Someone had forcasted a closing of .0135 ( minimum EOD yesterday). Clearly that didn't happen.
I'd be happy if we can close today over.0135.
It's possible that might be the final cost, but I doubt the wholesaler/distributor will see a 100% markup.
Who knows? I'm certainly not an expert, just a guy that knows some about the industry and a lot about business.
Good Luck
I was watching L2 when that happened. It was two orders split up at .017 and .02 that totaled 10,000 shares. I have a screen capture if anyone wants me to email it to them.
I read somewhere the breakdown would be something like this per unit:
.45 MINE sell price
.90 Distributor wholesale price to retailer (markup includes marketing, sampling, etc in retail market)
1.49-1.99 retail price
.50 would be MINE's share. You have to realize that there are several markups along the way. The distributor (or wholesaler) buys it and places his markup on the product, then the retailer buys from the distributor and places his markup on it. Many convenience stores will markup a product like this 80+%.
By the way - some bottled water is marked up over 2,000% of the cost of production!
Good Luck
lol . with that 3.5 billion a/s good luck
More like the middle finger directed at the naysayers and bashers. This is the real deal! MINE long and strong!
and so it is your contention that the players involved with MINERCO... with a combined history of many years of proven success, with big reputations at stake and big insider buying involved.... are doing it to scam the poor investor?
lololo IGNORED !
oh yeah... they've also created, bottled, marketed, hired the "top of line" PR firm for 6 months, paid back huge toxic debt and on and on and on.......... they've done it to scam the poor investor?
OMG...... lololol
The successful roll out of a series of great products by industry experts all with histories of bringing products to the market with BIG success.
I'm going to keep this post of yours handy for display as the next several months unfold...... you know, for comic relief.
IGNORED ! ( again)
Talk to their agent/counsel
http://www.otcmarkets.com/stock/MINE/profile
MINE: This is why i always buy breakouts against key resistance Levels! Once's they fall its BOOM BOOOM BOOOM!
Very Nice Action Here the last few days FOLKS!
MINE: Today's Long Upper Wick... Fat Finger Trade?
The first link you have is legit in that the pic is of the registration with the Nevada SOS increasing the A/S, which we already knew about and most of those shares are just to cover preferred shares in case they ever did convert. No proof whatsoever that any of those have been issued or will be.
I think we can safely ignore those. The TCP was going off again tonight too. Best to just ignore them. Mine is good About filing 8ks whenever they do something, and SS1 checks share count for us frequently.
Do you mean the additional A/S allowable? That is accurate and was filed with the Nevada SOS but haven't seen anything about shares issued from that.
In the middle of the night? Of course.
Please bring the URLs for those tweets here.
Couple people posted on Twitter that $MINE just released 1M shares tonight, looks super bogus but I tried researching, could not find anything. Anyone else seen this?
Why would you assume that they would be selling the bottles at $0.50 at retail. Sparkling ice sells at $1.00 each. And 12 packs for $10.00 each.
Yup Yup Yup what Bad Hemper said I agree with you both and not reply to the 2 bashers here now and their posts will quickly drop out of sight and they'll likely not stay if nobody responds. I love holding what I have love adding on dips.
$MINE LONG and loving it )
Yeah some say they hate it while they are loading. Bashers are buying while they are bashing.
Just curious? How are you getting the revs number? I know nothing about bottling costs and profit margins in this sector. I'm learning but still trying to learn
Those that hate it will hate it even more as the pps goes up and up
Im guessing that there was 120k bottles being produced in that video..Im also estimate that is around 60 to 80k in rev right there alone..MINE all imo
well, what i wondered was if it was a PM trade that printed after the open. A PM trade actually could have been for .02 without a warning.
Also I've noticed when you see big print like that usually we wound up hitting it at a later date
That's true. So no such thing as a fat finger trade
Plus any of my brokerages will immediately put up a message saying "your price is higher than the last sale" or something like that.
Seems like it would be harder to do that just "fat fingering it"
You are right. its a MM trick
MINE
Tomorrow we will need approx. 100 million in volume, do you guys believe we will get it? If so, i believe tomorrow we see .015
* * $MINE Video Chart 8-5-14 * *
Link to Video - click here to watch the technical chart video
It the all or none factor!
I always wondered how is a fat finger trade possible. Even if you place a limit order higher than the current ask, it will always fill at the best possible price. so if the current bid was .125x.126 and someone puts in a buy order for .02, it will still fill at .126
Was following this stock for a while last year. Had an order in for 1000000 shares back in October to buy at .0009 and didn't get it filled..... Sure wish I would have naught back then!!! This price has done very well since the new year
True I guess you could view this as a P@D like almost all pinkies...
Most of us traders use that term when trading empty shells w/no product for a quick buck. This one is anything but that.
I'm looking for a 100% day...it's possible
LOL NRS, I slept till 7:30 pacific time and logged in and saw that on my Scottrrade acct that we were about 12.7 and that the high for day was .02 and looked at the chart and it only was showing about .0132.. I dropped by here and asked the same question and the answer was no.. The real high was in fact .0132 but some "fat finger trade" skewed the numbers.
We'll be there soon enough.
$MINE
Wow, someone that actually gets it. Nice. Member mark for you sir.
MINE$$
go back and read my post...that's your homework for the night
I agree. Wolf has no power anymore. I'm actually shocked to hear ppl say they are in the wolf pack. The wolf himself doesn't have the amount of money necessary to move a stock, or VPOR wouldn't be in the shitter. The only reason he did have power before was bc everyone was following him. Now he has barely anyone listening to him anymore and he can't do shit anymore. Ppl realized he wasn't a stock genius but just a guy with a creative writing degree that got lucky bc he was the first one on the scene.
.50 within 24 months!
I added 125k to my position today
SS, Thanks. BTW, I tuned in late this morning; did the price really get up to .02 at the open, or was that some sort of phantom false trade? TIA
NRS
IMO... $MINE was moving nice and generically, Last March, then "they" jumped and pumped this to an unrealistic pps too quick and a lot of people bought into the hype... The company wasn't anywhere near ready or capable at the time to execute the plan that was being pumped. Many got left holding what was pumped and dumped (actually did it twice they (not the company) did) ... Theres money to be made so i'm sure they , and others that "know something everyone else doesn't know" will be back to get their share and thats ok, $MINE is in a different place than at the beginning of the pump...
should be interesting...
I initial bought this almost a year ago, then as pps went down , avg down to where i had .0019 avg... but when the "pack jumped on, i took my exit at .03 (manipulated pump was too obvious)...I have been buying quietly as this started descending , First at .0175, then .012, then .01... then watched as it went to the recent lows , added more .007, and .008 and looking forward to the new and different type of ascent
Better yet, read it.