Very Intelligent Post from another board:
PRFM has done an excellent job thus far in strategic planning of the site. The CEO has put all the ducks in order from the inception of Perfumania.com. >The CEO said that next year will be profitable and fired the CFO which was perfectly timed. Wall Street loves a company willing to re-adjust when needed to become profitable--the street's brokers on the prospectus of future performance, not day traders up & down whims. >CNBC picked this up because the CEO or PR firm put it in front of them, that's the way it works. Even the firing of the CFO was perfectly timed.
>Perfumania is linked up in all the right directions, portals (e.g., Yahoo), global markets (e.g., Canada, S. Amer., Europe), and perfume manufacturers (e.g., Parlux). They have already set up operations to handle currency exchange rates. This global presence is unique among the net e-coms. Its what the Euro currency was made for.
>It has a brick & morter operation of 290 stores in malls that will serve to accomodate customer returns and enhance PR. These stores + the Parlux will provide great support for fulfillment of Perfumania.com, e.g. distribution base, in addition to servicing customers that bought through Perfumania.
>Name brand recognition of products is absolutely critical to the success of upstart e-coms--PRFM has it with Chanel, Calven Klein, etc. that they have mentioned in their releases. And ther is more.
PRFM is set to grow. Watch the market on Monday morning and make your move then: buy or sell, short it, long it, but the market will still grow it regardless of the nonsense post on this board. The only down side of online trading is that novices trade in a frenzy. Relax when your in a good company or you'll be the one that sold Yahoo or amzn for $15. Why do you think these idiot slammers are playing a head game with you, because they know they will get your money if you don't learn to invest. In the end this one is going to fly.
****** I have made my mind up. I am going to buy more at the open Monday. There is just to much being said about this stock. There will be literally tons of people watching this stock all day long on Monday. I bet its the first word in #daytraders on mIRC. When they see the first price movement, they will all jump in at the same time. Watch it.
Matt |