Buy only what you can afford to lose. It is a pen
Post# of 75421
Posted On: 04/08/2015 10:29:31 AM
Re: Makingmoney #1455
Buy only what you can afford to lose. It is a penny stock, afterall, which means it can have massive swings in price, both up and down. So I wouldn't buy any more than you feel ok losing.
I have a lot more invested in this than you, and I lost about $50K when the price dropped last week.
But I am sticking around, confident that later this month the price will be back toward the top. It may take a little time. But I am confident that this is a real product with real consumer appeal and real sales.
All they need to do is keep growing awareness about the product and growing its accessibility.
And that doesn't happen overnight. It will probably take a few months. I would prefer that the share price didn't rise too quickly since that raises a whole lot of red flags.
We need the next round of sales to be strong, and for the company to show honestly what its revenues are.
Get the product out on the market as widely as possible, in alternative grocery stores, gas stations, and near college campuses where the need to have energy and stay awake is desireable. Some sort of advertising campaign similar to RedBulls "wings" would boost sales also. I love the quote that someone posted earlier saying "Why need wings when you can get Rocky Mountain High". That's brilliant.
I have a lot more invested in this than you, and I lost about $50K when the price dropped last week.
But I am sticking around, confident that later this month the price will be back toward the top. It may take a little time. But I am confident that this is a real product with real consumer appeal and real sales.
All they need to do is keep growing awareness about the product and growing its accessibility.
And that doesn't happen overnight. It will probably take a few months. I would prefer that the share price didn't rise too quickly since that raises a whole lot of red flags.
We need the next round of sales to be strong, and for the company to show honestly what its revenues are.
Get the product out on the market as widely as possible, in alternative grocery stores, gas stations, and near college campuses where the need to have energy and stay awake is desireable. Some sort of advertising campaign similar to RedBulls "wings" would boost sales also. I love the quote that someone posted earlier saying "Why need wings when you can get Rocky Mountain High". That's brilliant.
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