Insiders must know doom and gloom coming in November earnings call. Stock headed back to under $1
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Stock is at 78 cents. A pepsi costs more than one share.
New CFO hired last week. 8-K with details on company website. Dude was the acting CFO who had started with Dean earlier this year. Most of experience was with Pepsi. $500K salary plus up to 65% annual bonus. $175K minimum bonus guaranteed for 2019.
I guess zero confidence for the new CEO changing course. The Titanic is sinking and not enough life boats for all. Get out before the masses realize they are screwed.
Stock at 98 cents.
Been a year or more since analysts predictions have been right.
Predictions for Q1 were -0.22, actual -0.44
Predictions for Q2 were -0.09, actual -0.36
Predictions for Q3 are -0.17, actual ???
If they hit that negative 17 cents per share the stock might actually go up a bit. That won't indicate that the company is doing better (they're still losing money and Q4 is supposed to see a bigger loss then Q3), only indicates how Wall Street works (and allows analysts to proclaim that they guessed right and ignore all their previous wrong guesses).
A fool and his money are soon parted!!!