Stocks No Longer Sticking – Part 2 Inc. provides Internet-based mailing and shipping solutions in the United States fall 56.4% to $86.31 on Friday after the online shipping and postage company said its key partnership with the U.S. Postal Service has ended. No Longer Sticking

Yesterday, they almost topped that performance, I should say lack of performance when the stock fell 55% after announcing their first quarter earnings and lowered guidance for 2019.  The numbers caught investors off guard, but the CEO, Ken McBride insisted the numbers were “in line with our expectations in light of our new strategic direction.” 

NOTE TO SELF: How could the numbers be in line with expectations if the forward guidance was lowered?

During the subsequent conference call, CFO Jeffrey Carberry elaborated that has revenue-sharing arrangements with several of the aforementioned reseller partners, and that any resulting revenue will be negatively impacted by their respective renegotiated service agreements. He added that while has limited visibility into those negotiations, the company believes it’s “reasonably possible” the margins and revenue related to these partnerships will start to decline in the second half of 2019.


Even the company took a “L” on the news. You see, the company repurchase roughly 235,000 shares during the quarter for $32 million…that investment is now 50% in the red.

The stock declined breached not one,

but two monthly demand zones.

And the chart suggest further downside to the monthly demand at $25.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Related posts

Scott Miracle-Gro IS Supplying The Shovels


Existing Tesla Superchargers are now cranking out more power

Mr. Crypto Lemon

Boeing’s Halo Effect – Part 2


Get involved!


No comments yet
Skip to toolbar