(Total Views: 598)
Posted On: 07/15/2021 9:47:14 PM
Post# of 75040
I'm sure investors on this board are a bit dismayed at seeing the stock price land below three cents. It brings back visions of recent years when we fought to get over three cents from one cent.
However, it should be noted that today only 580,000 shares traded which in the big scheme of things is not a lot for RMHB. It was the same for the last few days. I think yesterday it was under 500,000 shares. I would be much more concerned if it was 12 million shares or something.
So basically it could be a couple of disillusioned stockholders who have lost patience and thrown in the towel.
In a blink of an eye with good news on pending financials the stock price could rise a lot faster than it went down. Besides, who among us wants to give up now and sell at a huge loss? It makes no sense after waiting this long. One of two things can happen. The company can go under or it could become a major player with the sky the limit.
I tend to believe the latter and it's not just wishful thinking. The people running this company might not be as forthcoming as we would like, but I have total confidence that they know exactly what they are doing. And besides the payoff for them as well for all their hard work is a higher stock price.
We might all be missing a great opportunity here. A three cent stock today could be a six cent stock(or more) in a few weeks.
If people are not happy with where the stock price is, then buy more and the stock price will head back up. I bought what I could the other day and wish I was in the position to buy a lot more.
Good Luck to All
However, it should be noted that today only 580,000 shares traded which in the big scheme of things is not a lot for RMHB. It was the same for the last few days. I think yesterday it was under 500,000 shares. I would be much more concerned if it was 12 million shares or something.
So basically it could be a couple of disillusioned stockholders who have lost patience and thrown in the towel.
In a blink of an eye with good news on pending financials the stock price could rise a lot faster than it went down. Besides, who among us wants to give up now and sell at a huge loss? It makes no sense after waiting this long. One of two things can happen. The company can go under or it could become a major player with the sky the limit.
I tend to believe the latter and it's not just wishful thinking. The people running this company might not be as forthcoming as we would like, but I have total confidence that they know exactly what they are doing. And besides the payoff for them as well for all their hard work is a higher stock price.
We might all be missing a great opportunity here. A three cent stock today could be a six cent stock(or more) in a few weeks.
If people are not happy with where the stock price is, then buy more and the stock price will head back up. I bought what I could the other day and wish I was in the position to buy a lot more.
Good Luck to All
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