gogo....i think as the stock sinks lower its tread
Post# of 75384
Posted On: 12/28/2015 2:26:02 PM
gogo....i think as the stock sinks lower its treading into the "oversold" category. no one knows the bottom. people were buying more at 05 and at 04...and i thought about doing that too but i'm waiting for the real bottom. the real bottom wont happen until sometime in 2016 and it wont happen until investors react to some big news PR that ticks the stock back upward and its sustained for a few days. once that happens, we will have seen the bottom and then will begin the usual "piling on" that we saw back in april of 2015. no one wants to buy while the momentum is heading down and this is what we are seeing now.
investors want to be assured the bottom has been reached before they add shares. we are all waiting.
the company has a good product and it seems its a growing company. though those are good components to a successful equation, what will make the investors money is revenues and profits that outweigh the debt. simply good products and growing distribution is not enough. the clock is ticking. if the debt continues to grow at a rate faster than projected revenues can offset, well....it cant happen indefinitely.....unless its the US govt and they can just print more cash. RMH can continue to print more shares i suppose, and that trick works for a while....but it wont work forever.
my instinct is this is a good time for energy drinks and there is a niche market to be filled. there is a market for these hemp products...and also a LOT of competition from other companies who are vying for marketshare...but i believe tom and jerry are passionate about their products and their passion will be the reason the company succeeds. i'm holding through 2016 and am optimistic.
investors want to be assured the bottom has been reached before they add shares. we are all waiting.
the company has a good product and it seems its a growing company. though those are good components to a successful equation, what will make the investors money is revenues and profits that outweigh the debt. simply good products and growing distribution is not enough. the clock is ticking. if the debt continues to grow at a rate faster than projected revenues can offset, well....it cant happen indefinitely.....unless its the US govt and they can just print more cash. RMH can continue to print more shares i suppose, and that trick works for a while....but it wont work forever.
my instinct is this is a good time for energy drinks and there is a niche market to be filled. there is a market for these hemp products...and also a LOT of competition from other companies who are vying for marketshare...but i believe tom and jerry are passionate about their products and their passion will be the reason the company succeeds. i'm holding through 2016 and am optimistic.
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