you don't actually "lose" money until you sell. so, if you'd decided to increase your position size when risk/reward was favorable, today would be a good day to sell and make some money. if GLUU never goes back to the $4-6 range, most of us (except latecomers) will have lost some money. but anyone who has been following GLUU since mark first announced it has probably bought and sold it several times in various amounts. so even though your current overall position may be down 39% (mine is), profits could have been extracted along the way with R/R trades. i don't know why people keep resorting to conclusions that mark is either a) crazy or b) evil because of how the market has done. as for the earnings call, i would say that acknowledging that one has messed up, and that little could be done to fix it other than starting from scratch, is about as far from "spin doctor" as one could possibly be. i haven't come here for weeks because there was nothing left to see here the last time i visited. decided to check in today, but it seems to still be a graveyard of people rantin g about a ship that's already sailed. move on, follow pipeline if you found value in mark's perspective, and direct your anger at the STILL invisible karnell brothers who transformed into crickets and hopped away, leaving you with nothing but a chat room.
Robert, actually Jeremi Karnell has posted a few threads back if you search.
> @Robert > mark is either a) crazy or b) evil because he is clearly crazy, and delusional
@Robert, please check out the thread under the post titled "PTT management".
It's almost doubled from its 52 week low. Which is still too damn low for most of us I assume, lol... Up 20% right now on below average volume, but there have been a few (for AERO) big volume days it's gone up over the last few weeks. Earnings is this Friday, but even the above average volume has only been $20,000 worth of stock or so. So it's probably wishful thinking to consider someone knows something.
We can only hope! Maybe SMG is picking up shares to simply execute a take over.
No comment other than this was 'the coal for Christmas' that MITK promised MG......... For those in 'the know' only..................................................
I am obviously not one of those in "the know".
MITK?
MITK is someone on SA who constantly bashes ITMSF and Mark. What that has to do with AERO, I dunno. Mark's "coal for Christmas" could be virtually his entire portfolio considering the performance.
The earnings call isn't online yet but here's the PR: http://finance.yahoo.com/news/aerogrow-reports-results-third-quarter-213500589.html "For the three months ended December 31, 2015, sales increased to $11.9 million, an increase of 8.3% relative to the same period in the prior year. The adjusted EBITDA for the quarter was a record $1.7 million. Gross margin was up 720 basis points to 37.7% from 30.5% in the prior year period." By comparison a year ago they reported: "For the three months ended December 31, 2014, the Company recorded total revenue of $11.0 million, an increase of 121% over the same period in the prior year. Profit from Operations for the quarter was $914,000, a year-over-year increase of 146%, with quarterly EBITDA increasing 139% to $1.6 million. " I expected some slow down, but from 121% to 8.3%.
This stock is still a dog with fleas and never should have been a pick to triple. If you still own it and did not sell for tax loss purposes or you own it in a non taxable account i would suggest you stick it in the corner and pray you break even. I think most of us are so far under water on this it will be a 3-500% move to break even. AERO need to produce and industrial version of this technology and sell it to the the marijuana growers in the US. Just my 2 cents.
anyone joining the call in a few min?
been out for 4 months. took my lumps and moved on.
I sold last year for the tax loss, but also thinking that AERO may not even have a minimum viable product. Apparently, I was wrong as they posted a profit, but in terms of keeping or buying the stock the question for me is whether this company can go up the hockey stick to produce VC type returns which was the justification to invest in the first place. If it can do 10x or 20x from these levels, most of the current holders may get their 200% from their investment price levels. Right now I am not convinced. I will be glad to be wrong once again so those that still hold it benefit.
As more states start to legalize pot and I am pretty sure they will your comment kurt(AERO needs to produce a industrial version of this technology and sell it to the the marijuana growers in the US.That would be huge for this company,I am sure everyone still invested would easily double triple even quadruple there money .I hold a small position mainly because I never got a chance to to trade out of it (no volume)I will hold and hope for a buyout or a move into the mj industry either one would make for a much better payday.One can always hope
Oh and btw I am in the Greenhouse business and it's getting harder each year to make a buck,(to many box stores selling for peanuts)IF the opportunity were ever to present itself I would not hesitate to move in that direction ,My brother in law (partner)on the other not so sure.
Any guesses as to why AERO is starting to pick up
yeah what's going on with aero today?
short squeeze? http://www.franklinindependent.com/aerogrow-international-incorporated-otcmktsaero-short-interest-decreased-by-75/