marcie, why do you ask ? was their suppose to be some mention of perfumes or something ?
i must say , in my own opinion , if this xmas is slow for erox , you can count on picking up this stock for .25 cents.
erox has little cushion for error and based on my talks with a few stores , this perfume is not selling very well. (at least in this area OH)
this year for erox was a real loser and i blame it on lack of mgmt knowledge and poor market research. the company has yet to offer any promising news of phermones licensing for other products.
i for one , still being a stockholder , will vote for new leadership in the company!!
one could say buy now at this low price, but i ask why ?? the stock has no strength, the company is going to lose at least 3 million dollars this year, no new licensing agreements, no institional investing, the analyst following the stock dropped coverage in june, the bank credit line was cut in half, the need to issue preferred shares, and so on.
Just my opinion, i for one, hope i'm wrong and the stock takes off, but mgmt has not shown me any reason to put my faith back into the company!! |
