Posted On: 02/01/2016 12:18:58 PM
Post# of 75078
Re: adirondackhi #17134
I agree and in my opinion. $RMHB hit its fifty two week high of thirty two cents from pure excitement over investor speculation of the possibility of Rocky Mountain High becoming a well known product across the nation. It happens, especially when an investor sees a great idea an envisions the potential first hand.
With any start-up, I understand that the working capital along with the sales numbers aren't there, so the possibility of the high remaining at them levels shouldn't be expected.
Now fast forward to the present time. I see the company continuing to demonstrate positive growth with their growing list of distributors and as an investor I'm expecting the sales numbers in the upcoming quarterly reports to start to align with the growth. So all in all, I'd say that the company has been proving itself and if I'm seeing the long term potential, they must be too.
With any start-up, I understand that the working capital along with the sales numbers aren't there, so the possibility of the high remaining at them levels shouldn't be expected.
Now fast forward to the present time. I see the company continuing to demonstrate positive growth with their growing list of distributors and as an investor I'm expecting the sales numbers in the upcoming quarterly reports to start to align with the growth. So all in all, I'd say that the company has been proving itself and if I'm seeing the long term potential, they must be too.
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