Hi Mad2. It's always good to hear from you. Maybe it's just me, but I didn't know that expressing opinions about an investment was right up there with joking about killing, disease, death, racial slurs, religious slurs etc.
Sorry about your nausea problems. Could the vomiting be caused by one or more of the following Matrixx facts?
47% growth in sales from 2002 to 2003?
110% growth in sales from the fourth quarter of 2001 to the fourth quarter of 2002?
The company's guidance for 30% growth in sales from 2002 to 2003?
The five new products introduced in September 2002?
The expected new products for 2003?
The low Price to Sales, Price to Book, Debt to Equity, and high growth rates compared to the company's sector?
The $10.8 million increase in Shareholder's Equity (44% increase from 2001)
The positive cash flow?
The 72% gross profit margin?
The experienced and reputable Board of Directors, Officers, and marketing personnel?
The 14 cent per share profit in 2002?
The expected profit in 2003?
Your short position?
Do you feel more like throwing up after reading this post? Matrixx might have something to offer for your nausea. It's called coveryourshort. Have you heard of it? By the way, Matrixx isn't a "POS company" just because you say so. If you ignore your four-year old bias and just consider the facts, some of which are listed above, you might come to a different conclusion. |