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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

No one here can predict the exact low of any stock

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Post# of 75381
Posted On: 09/17/2015 3:02:01 PM
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Posted By: adirondackhi
Re: scothut #9158
No one here can predict the exact low of any stock that's declining. Some of us thought were close with Lumber Liquidators and got it wrong, but still bought well below where we are very confident it will be several months from now which was exactly the strategy for the investment which is why the exact low wasn't necessary to make money on the investment. It's very highly likely we'll double our investments and probably then some. With this stock I invested with the same strategy. I have a great deal of confidence in this company and I think I'll see much greater returns than with LL, but I would always advise anyone asking the questions you just did to invest only what you can afford to sit on for a while until the milestones are reached that will bring the stock screaming back with a vengeance. If you believe like I do in the potential here, and you have funds that won't be needed for essentials, I would continue to buy. Trying to get in at the exact bottom price is a tough call when the exact details and timing of the next PR aren't known. Waiting for a lower entry point could cause you to miss the lowest point you'll ever see again. I don't pretend to have a crystal ball, I'm in it for the long term and I don't draw a parallel between the current stock performance and the company's performance nor that long term investment potential. I should add that I still strongly believe we'll see very significant developments between now and the end of the year. Exactly where the stock will be at that time is another tough call, but I still consider that to be short term.


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