I hope you made some good gains and suspect you di
Post# of 9964
Posted On: 08/19/2014 8:17:10 AM
I hope you made some good gains and suspect you did, buying back in Dec. Now your listening to a bunch of guys creating "issues" where none exists. Your forgetting that even after a year this is still a startup and is going to be a startup for a while longer. They are progressing very well IMHO, but alcohol is not like a plastic trinket which can simply go viral and spread to every shelf in american within a month. Just the licensing alone takes months and beyond. Then there is setting up distribution, then expanding distribution. At some point they have to hire more people to make it run smoother, put procedures in place etc. We are at an exciting time in MRIB history.
I do understand your concern about getting friends into the stock at the wrong price point though. Because some will feel you let them down simply because they don't have the tolerance to handle a long down period. I have my friends and family in the stock and they don't watch their accounts. They simply let me handle it and I've made them excellent returns in the past so they trust me. They also don't have money in it that they need which is key when playing startups.
I do understand your concern about getting friends into the stock at the wrong price point though. Because some will feel you let them down simply because they don't have the tolerance to handle a long down period. I have my friends and family in the stock and they don't watch their accounts. They simply let me handle it and I've made them excellent returns in the past so they trust me. They also don't have money in it that they need which is key when playing startups.
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