Posted On: 09/19/2016 10:25:32 AM
Post# of 75091
Re: the wise one #25529
That is why studying the trajectory of Monster (MNST) in my prior post might shed some light on this stock.
MNST was $0.04 in April 1996 and took almost seven years to hit $0.50 then about another year after that (May, 2004) to hit $1.00.
Now, as I mentioned in my prior post, RMHB has some definite business landscape advantages over MNST such as social media and energy drinks already being an established and popular product category.
With those advantages I think RMHB has the opportunity to grow faster than MNST. I would guess and say it can cut 25-50% off the time of growth to reach the same PPS milestone.
Of course we all hope it climbs faster but steady growth is a good thing because it's sustainable (unless you're a day trader who wants flare ups in pps).
MNST was $0.04 in April 1996 and took almost seven years to hit $0.50 then about another year after that (May, 2004) to hit $1.00.
Now, as I mentioned in my prior post, RMHB has some definite business landscape advantages over MNST such as social media and energy drinks already being an established and popular product category.
With those advantages I think RMHB has the opportunity to grow faster than MNST. I would guess and say it can cut 25-50% off the time of growth to reach the same PPS milestone.
Of course we all hope it climbs faster but steady growth is a good thing because it's sustainable (unless you're a day trader who wants flare ups in pps).
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