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Rocky Mountain High Brands RMHB
Posted On: 09/23/2015 10:07:07 AM
Post# of 75365
Posted By: Lawrence4tw
Dependent upon the news: We will know if the audited financials are out before the shareholders meeting. Should be available EOB Friday. That being said I would suspect the build up to Friday seeing this top at .11 prior to the news. If the numbers are promising or significantly better than their last quarter we may see this stock price itself between .20-.29 by early next week. I hate to be a buzzkill, but don't look for $1 per share just yet. I do feel the company likely has better sales than last quarter. But they will need to show solid growth and get out of the negative in order to spark a rise of 1000% in the stock price. The info I have seen show an increased expenditure on their marketing and R&D. This is evidenced by their new flavors, new distros, and investments in the company. As a result, don't be too shocked to see them further in the negative than last quarter. That being said, they are clearly investing in the future of the brand. So although they will be further in the negative, I think the audits will show significantly higher sales than expected. These are all my opinion based on my observation of the stock, this company, and my experience in the financial sector. I think this company has a lot of promise. Fingers crossed guys













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