I don't think the announcements are causing the st
Post# of 75010
Posted On: 06/17/2015 12:49:59 PM
I don't think the announcements are causing the stock to drop. I think the price is dropping in spite of them. The "new distributors being added" hype train left the station long ago. That news simply isn't going to cause excitement anymore. Investors have had enough, and they want to see sales figures now.
Makingmoney's assessment is absolutely correct. I don't necessarily agree that it will take two years for the stock's value to improve (we'll have far more to talk about on that front after June 30), but I absolutely agree with what was said about the announcements having no impact. The day traders have gotten bored and moved onto something else. All anyone has to do is look at the charts and see that the press releases aren't grabbing any attention. At best, they're serving as a subtle reminder for the longs to refrain from panicking. "We're still here, we're still working. Just sit tight."
Makingmoney's assessment is absolutely correct. I don't necessarily agree that it will take two years for the stock's value to improve (we'll have far more to talk about on that front after June 30), but I absolutely agree with what was said about the announcements having no impact. The day traders have gotten bored and moved onto something else. All anyone has to do is look at the charts and see that the press releases aren't grabbing any attention. At best, they're serving as a subtle reminder for the longs to refrain from panicking. "We're still here, we're still working. Just sit tight."
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