The reasons this stock is still great, for those w
Post# of 75384
Posted On: 06/01/2015 11:56:06 PM
The reasons this stock is still great, for those who need a reminder:
1) The people who are focusing on the negative aspects of the stock and the company (like recent Journal Transcript article) are basing their opinions on old outdated information. They focus on the fact that THCZ is short on money, hasn't really confirmed any actual sales numbers, and has a declining stock price during the last week. That will all change once the current quarter comes to a close on June 30th and the company reports updated numbers.
2) The optimism still lies in the fact that THCZ is expected to go from $69K in revenues to over $700K in revenues during the current quarter. With the number of increased production runs, and the number of new distributors reported, the $700K in revenues is inevitable. With confirmed distribution channels including Amazon and Ebay and Walmart, and in convenience stores throughout Texas, Oklahoma, Florida, etc, the quantity of product sales is expanding exponentially. Great reviews and praise for the taste of the product are driving the strong sales. So the $700K target for June 30th is surely going to be met, if not surpassed.
3) There is still great optimism for the stock in regards to future growth. Right now the company is still a fledgling. It has recently gone through the development phase where it engineered its products. Then it tested its products on Amazon and received outstanding results. So then they expanded their production runs, and distribution channels, and most recently their staff and marketing experts. The next stage is going to be heavy marketing and nationwide distribution. That is really what the THCZ longs are excited about. The short term dips are based on the fact that THCZ is still small and local. Once they break out into the national mainstream, the concerns about having little cash on hand and no recorded sales results will be obliterated.
4) There is still great optimism about the future of the stock price. THC has retained a New York accounting firm to help get THCZ up to date on reporting their financials. THCZ is planning to uplist to a bigger stock market (probably by the end of this year) which will expose them to more investors. THCZ also retained the help of a man who helped RedBull rise to glory, to help steer THCZ in a similar direction. When you look at the stock price of Monster, and the explosive growth of RedBull, it appears inevitable that the stock price of THCZ will surpass $1 within the next year, and potentially surpass $10 within the next five years.
1) The people who are focusing on the negative aspects of the stock and the company (like recent Journal Transcript article) are basing their opinions on old outdated information. They focus on the fact that THCZ is short on money, hasn't really confirmed any actual sales numbers, and has a declining stock price during the last week. That will all change once the current quarter comes to a close on June 30th and the company reports updated numbers.
2) The optimism still lies in the fact that THCZ is expected to go from $69K in revenues to over $700K in revenues during the current quarter. With the number of increased production runs, and the number of new distributors reported, the $700K in revenues is inevitable. With confirmed distribution channels including Amazon and Ebay and Walmart, and in convenience stores throughout Texas, Oklahoma, Florida, etc, the quantity of product sales is expanding exponentially. Great reviews and praise for the taste of the product are driving the strong sales. So the $700K target for June 30th is surely going to be met, if not surpassed.
3) There is still great optimism for the stock in regards to future growth. Right now the company is still a fledgling. It has recently gone through the development phase where it engineered its products. Then it tested its products on Amazon and received outstanding results. So then they expanded their production runs, and distribution channels, and most recently their staff and marketing experts. The next stage is going to be heavy marketing and nationwide distribution. That is really what the THCZ longs are excited about. The short term dips are based on the fact that THCZ is still small and local. Once they break out into the national mainstream, the concerns about having little cash on hand and no recorded sales results will be obliterated.
4) There is still great optimism about the future of the stock price. THC has retained a New York accounting firm to help get THCZ up to date on reporting their financials. THCZ is planning to uplist to a bigger stock market (probably by the end of this year) which will expose them to more investors. THCZ also retained the help of a man who helped RedBull rise to glory, to help steer THCZ in a similar direction. When you look at the stock price of Monster, and the explosive growth of RedBull, it appears inevitable that the stock price of THCZ will surpass $1 within the next year, and potentially surpass $10 within the next five years.
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