Comments on: SUSTA is a Great New Sweetener and Maybe a Great Stock Too http://www.officialgeezerguide.com/blog/2010/03/susta-is-a-great-new-sweetener-and-maybe-a-great-stock-too/ Helping Seniors Make, Save and Invest Money Sun, 05 Sep 2010 18:10:36 -0600 hourly 1 http://wordpress.org/?v=3.0.1 By: Skip McGrath http://www.officialgeezerguide.com/blog/2010/03/susta-is-a-great-new-sweetener-and-maybe-a-great-stock-too/#comment-254 Skip McGrath Sun, 05 Sep 2010 18:10:36 +0000 http://www.officialgeezerguide.com/blog/?p=338#comment-254 Hi David - the short answer to your question is that yes I am still bullish on Susta. I did sell some of my stock at $2.86 but kept 5000 hares and rode it down. Then when it got down around 30 cents I started buying more and now have 70,000 shares --and yes I am sitting on a loss. But what happened is some professional pump and dump guys ran up the stock and then dumped millions of shares on folks like you and me. Unfortunately that happens with stocks like this. I wish they would do a reverse 5:1 split. That would reduce the number of shares outstanding and raise the price so it would not be attractive to operators and instead make it attractive to buy and hold investors. Unfortunately Diabetes is still on the rise in the US and that makes a great market for Susta. Combined with too may people being overweight and I think you have a good long term market. The other thing I like is the management of the company. They have a lot of experience in the area of food and beverage distribution. I think at some point they will seek some more investment capital with a private placement and at that point they will really grow distribution and start advertising. And I heard from a friend who has Diabetes that Susta is getting a lot of viral action on message boards and Facebook posts. Like I said I am not a professional investor, but at the current price around 20 cents I am thinking of taking my shares all the way up to 100,000. Skip Hi David – the short answer to your question is that yes I am still bullish on Susta. I did sell some of my stock at $2.86 but kept 5000 hares and rode it down. Then when it got down around 30 cents I started buying more and now have 70,000 shares –and yes I am sitting on a loss. But what happened is some professional pump and dump guys ran up the stock and then dumped millions of shares on folks like you and me. Unfortunately that happens with stocks like this. I wish they would do a reverse 5:1 split. That would reduce the number of shares outstanding and raise the price so it would not be attractive to operators and instead make it attractive to buy and hold investors.

Unfortunately Diabetes is still on the rise in the US and that makes a great market for Susta. Combined with too may people being overweight and I think you have a good long term market. The other thing I like is the management of the company. They have a lot of experience in the area of food and beverage distribution. I think at some point they will seek some more investment capital with a private placement and at that point they will really grow distribution and start advertising. And I heard from a friend who has Diabetes that Susta is getting a lot of viral action on message boards and Facebook posts.

Like I said I am not a professional investor, but at the current price around 20 cents I am thinking of taking my shares all the way up to 100,000.

Skip

]]> By: David http://www.officialgeezerguide.com/blog/2010/03/susta-is-a-great-new-sweetener-and-maybe-a-great-stock-too/#comment-253 David Sun, 05 Sep 2010 13:33:46 +0000 http://www.officialgeezerguide.com/blog/?p=338#comment-253 Skip, thanks for this piece on Susta. I noticed from past financial newsletters that financial guru Charles Payne recommended this last fall (2009) in a marketing piece for his financial newsletter. He recommended a buy at $1.00 on 7/16/09, and it was at $2.00 on 10/28/09 when the sales letter was printed (I presume). As you know, it was at 52 cents on 4/1; 22 cents on 7/1, and 22 cents on 9/3. What doesn't make sense (to me, anyway), is that Food Lion and Publix have both picked it up in the past two months. Are you still bullish on it...is there something I don't know about them? Thanks, David Skip, thanks for this piece on Susta. I noticed from past financial newsletters that financial guru Charles Payne recommended this last fall (2009) in a marketing piece for his financial newsletter. He recommended a buy at $1.00 on 7/16/09, and it was at $2.00 on 10/28/09 when the sales letter was printed (I presume). As you know, it was at 52 cents on 4/1; 22 cents on 7/1, and 22 cents on 9/3. What doesn’t make sense (to me, anyway), is that Food Lion and Publix have both picked it up in the past two months. Are you still bullish on it…is there something I don’t know about them?

Thanks,

David

]]> By: Skip McGrath http://www.officialgeezerguide.com/blog/2010/03/susta-is-a-great-new-sweetener-and-maybe-a-great-stock-too/#comment-62 Skip McGrath Mon, 21 Jun 2010 21:19:05 +0000 http://www.officialgeezerguide.com/blog/?p=338#comment-62 I know - but a while ago it went up to $3.00 where I sold most of mine. I still have 1000 shares and think I may get in again at this level. These types of stocks are very long term plays for an investor but traders go in and out. I wouldn't be surprised to see it run up and down a couple more times before it goes into a long term trend. The rumors now are that the company is in discussions with Pepsi to use Susta as a sweetener for a drink aimed at diabetics. If those are true (and who knows?) the stock would rocket. Skip I know – but a while ago it went up to $3.00 where I sold most of mine. I still have 1000 shares and think I may get in again at this level. These types of stocks are very long term plays for an investor but traders go in and out. I wouldn’t be surprised to see it run up and down a couple more times before it goes into a long term trend. The rumors now are that the company is in discussions with Pepsi to use Susta as a sweetener for a drink aimed at diabetics. If those are true (and who knows?) the stock would rocket.

Skip

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