With great volume comes great benefits, but also greater support costs.
A Rising Stock Price Excites Our Members. They may shop more and join faster.
And that might just lead to a rising stock price!
Wow. Talk about stock price and volume volatility. All that excitement is motivating members to join. The first four days of October saw new members up 198% over the same period last year. 184 members vs. 98, to be more exact. Can’t hurt that our stock trading volume is also up. A Bumpy Ride – … Continue reading $.115,.28,.25,.115,.245,.115,.15,.25,.098 – That’s some excitement
A 304% bump up in the price is exciting. More shopping (a fundamental change) can help our stock price go up and stay up. As the price holds (and maybe continues up), eventually we’ll adjust the rebate percentage to reflect that.
Cash, profits, and growth are the gods that Wall Street understands. Ultimately, it’s Wall Street that sets the price of your stock. It’s Wall Street that’ll turn your shopping into your nest egg. And why $4 as a goal? Because that’s the minimum trading price that allows us to list on the NASDAQ.
After our post yesterday, some things changed.