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Posted On: 05/16/2017 7:55:53 AM
Post# of 75077
About the financials: They show a company that, by publicly-held company standards, is selling damn near nothing. $25K one quarter, $125K the next; these changes, seen in context, are trivial and any changes are damn near meaningless. Why? Because the company hasn't been focusing on selling product NOW, it's been focusing on building the infrastructure (distribution, capital) so it can sell lots of product LATER. They're still building the house, not really selling out of it.
Financials often do correlate with stock prospects. If sales had shown a 5x increase from $1B to $5B, that would probably be very bullish. In this particular case, though, the best way to handle these fins, from an investment POV, is to totally disregard them. They tell us squat.
If you're a believer in RMHB, it's because you think the consumer response to the product has been strong; and the niche is promising; and the business plan is compelling; and the capital for growth is available (and inexpensive); and the management team is strong (or transitioning in that direction). I happen to believe all these things. In consequence, I'm totally blase about these fins.
Step away from the financials, people. Seriously.
Financials often do correlate with stock prospects. If sales had shown a 5x increase from $1B to $5B, that would probably be very bullish. In this particular case, though, the best way to handle these fins, from an investment POV, is to totally disregard them. They tell us squat.
If you're a believer in RMHB, it's because you think the consumer response to the product has been strong; and the niche is promising; and the business plan is compelling; and the capital for growth is available (and inexpensive); and the management team is strong (or transitioning in that direction). I happen to believe all these things. In consequence, I'm totally blase about these fins.
Step away from the financials, people. Seriously.
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