Dr. Pepper needs a Dr!
(DPS) IPO $26.50 (DPS) Intraday low $11.83.
So...When will we see the day that Dr. Pepper and Snapple and the other 40+ flavors of Pop no longer exist? When will we hear the Press Release come out that says, "Dr. Pepper Snapple Group needs a Bailout or it will file for Chapter 11 Bankruptcy."
Seriously. When? Tomorrow? Today? 15 minutes from now? When? Where is it?
Not to say DPS is free from any problems.... Not to suggest the share price isn't justified at least a little bit...
The VENOM energy drink isn't getting any T.V. commercials or Store Advertisements.. it is not selling. No one is buying VENOM. People are still obssessed over MONSTER energy drink. They are even abandoning coffee for MONSTER and I think MONSTER has played a bigger role in Starbuck's downfall than blaming the economy.
CRUSH may have gotten a major distribution deal from Pepsi Americas, but I still can't find any CRUSH at Walmart or Meijers or Family Grocery Store... or you name it Gas Station. Or even at a street corner booth during a Baseball Game. I can't find it anywhere. So call me highly unimpressed with the great Distribution deal was supposed to breathe new life in CRUSH brand.
However... I am a long term investor of DPS and I believe the stock price is oversold.
I base my judgement on the fact that massive mutual funds are starting to abandon and sell off their shares to include PERSHING square.
Not sure about TRIAN funds but would not be surprised if TRIAN funds is selling or will sell in the future.
DPS is simply "unloved" by the investment community. At least for now.
DPS is bleeding and at some point the bleeding will stop. Let's just hope there's still a living, breathing, body left once the cuts are clotted.