My Size, Inc. (NASDAQ:MYSZ)

CAPS Rating: 1 out of 5

Caps

How do you think MYSZ will perform against the market?

Add Stock to CAPS Watchlist

All Players

1 Outperform
38 Underperform
 

All-Star Players

0 Outperform
31 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top MYSZ Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

Top Bull Pitch

There are no pitches that meet the Top Bull criteria. Explain

If this upsets you, start recommending pitches below!

jed71 (99.86)
Submitted February 22, 2017

There are so many red flags here, I honestly have no idea where to start. I read most of the recent 10-Q and heavens, this company has a lot of issues. I need to mention that there is no way I can cover everything in a single pitch. I’ll point out a… More

MYSZ VS S&P 500 (SPY)

MYSZ Summary

  • Sector:
  • Industry:
  • Tags:

Fools bullish on MYSZ are also bullish on:

Recent Community Commentary

Read the most recent pitches from players about MYSZ.

Recs

0
Member Avatar SmartAce (99.94) Submitted: 2/22/2017 11:32:50 AM : Underperform Start Price: $3.56 MYSZ Score: +85.63

Give yourself something to look forward to tomorrow: Text a friend, "I think you owe me an apology," then turn off your phone and go to bed.

Recs

6
Member Avatar jed71 (99.86) Submitted: 2/22/2017 10:34:51 AM : Underperform Start Price: $3.36 MYSZ Score: +83.88

There are so many red flags here, I honestly have no idea where to start. I read most of the recent 10-Q and heavens, this company has a lot of issues. I need to mention that there is no way I can cover everything in a single pitch. I’ll point out a few obvious ones, and let readers do more digging if they feel it’s necessary.

“As of September 30, 2016, we had cash and cash equivalents of $143,000 as compared to $919,000 as of December 31, 2015. The decrease in cash balances is due to cash used for operating activities during the period. We had negative cash flow from operating activities of $1,748,000 for the nine months ended September 30, 2016, compared with negative cash flow from operating activities of $913,000 for the nine months ended September 30, 2015.”

“As of September 30, 2016, the Company entered into fund raising agreements in a total sum of $7,815,000 out of which the sum of $4,258,000 was received in cash and marketable securities (DIMN shares). $3,557,000 was received in, checks and guarantee by an ungraded financial institution. Subsequent to September 30, 2016, an additional sum of $400,000 was received in cash from the guarantees.”

Cash had been beaten down to slightly more than $100K and they went through another cash raising exercise. I need to mention this firm has no revenues. Here is their most recent product launch:

“On 7 November 2016 the company announced the launch of BoxSizeID app, which is an intuitive application that enables customers to quickly and easily measure the size of a package and calculate the exact shipping cost. BoxSizeID also provides shipping companies accurate logistic data to better manage the process of shipping packages before the packages reach their distribution centers. The company is currently carrying out a pilot to implement BoxSizeID with Katz Deliveries.”

All of the collaboration agreements and beta applications are nice, but remember they have generated zero revenue for their efforts. And then there’s the legal troubles they have run into:

“On December 27, 2015, the Company received a new claim. The defendants are the Company itself, all the members of the Board of Directors, Mrs. Shoshana Zigdon, a shareholder and related party in the Company, as well as two additional defendants who are not among the members of the Board of Directors of the Company, and are not shareholders. The cause of the claim is that the plaintiff alleges that the Company violated its obligation to register the shares for trade with the Stock Exchange, causing a total of 2,622,500 NIS damage. The plaintiff seeks relief against the defendants through financial compensation at the rate of the aforementioned alleged damage; additional compensation of 400,000 NIS due to mental anguish; and if and to the extent that until the time the plaintiff can sell its shares on the Stock Exchange (hereinafter: "the exercise date "), the rate of a Company share will rise above the amount of 20.98 NIS (hereinafter: "the base rate"), an additional amount at the rate of the difference between the base rate and the highest rate of a Company share between the time the claim was submitted and the exercise date; and also court costs and attorney's fees of the plaintiff.”

Keep in mind this is one of SEVERAL different claims listed under NOTE 5 of their most recent 10-Q. And then there’s this very odd item:

“On May 19, 2016, the Company signed an addendum to the investment of 15 April 2015, in which the investor is obligated to transfer additional US publicly traded shares to the Company so that the value of these shares that will be transferred plus 3,616,667 shares of DIAMANTE MINERALS INC, (DIMN), which were transferred to the company on August 11, 2015, will be $ 2,000. On August 18, 2016 the Company announced that with the consent of the investor the loan amount is changed to $1,410.5 and in return the company will issue 403,000 shares and options for 403,000 shares. On September 5, 2016 the shares and options were issued by the Company. On September 30, 2016, the value of the DIMN shares owned by the Company was approximately $687. As of September 30, 2016 the Company holds approximately 3.617 million shares of DIAMANTE MINERALS INC, representing approximately 6.95% of the issued share capital of the Company. DIAMANTE MINERALS INC is engaged in exploration, development and operation of a diamond project. As of the date of the release of the financial statement the value of DIMN shares was $506.”

So was this a previous business plan to be an investor in a diamond mine or this some sort of side gig? They received 403,000 shares of a small mining company that are worth about $500? What in the world? There is way more than this in the filings but I leave it to you to do any additional research. There is so much weird stuff in here, I couldn’t help but put a down thumb on the ticker. I would definitely avoid this ticker.

Leaderboard

Find the members with the highest scoring picks in MYSZ.

Score Leader

gpierson128

gpierson128 (96.23) Score: +148.96

The Score Leader is the player with the highest score across all their picks in MYSZ.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
SmartAce 99.94 2/22/2017 Underperform 5Y $3.56 -77.25% +8.38% +85.63 1 Comment
jed71 99.86 2/23/2017 Underperform 5Y $3.36 -75.90% +7.98% +83.88 1 Comment
chammond55 96.49 3/9/2017 Underperform 5Y $2.70 -70.00% +8.07% +78.07 0 Comment
fps32 80.55 3/13/2017 Underperform 5Y $2.57 -68.49% +7.65% +76.13 0 Comment
HalstedSt 97.19 3/13/2017 Underperform 5Y $2.57 -68.49% +7.65% +76.13 0 Comment
JoeySolitro1 99.99 4/6/2017 Underperform 5Y $2.44 -66.81% +8.87% +75.68 0 Comment
tycoon24 97.83 4/17/2017 Underperform 5Y $2.22 -63.52% +9.73% +73.25 0 Comment
NotWarrenBuffet 69.68 4/21/2017 Underperform 1Y $2.00 -59.51% +8.73% +68.24 0 Comment
PunktBewiesen 70.97 6/8/2017 Underperform 5Y $1.88 -56.92% +4.87% +61.79 0 Comment
comicalmanbeast 50.76 6/7/2017 Underperform 5Y $1.60 -49.40% +4.96% +54.35 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for MYSZ.

Featured Broker Partners