Sorry to reply to this so late, but I HAVE to...
Post# of 75013
Sorry to reply to this so late, but I HAVE to...
Yes, no one would wait (on ALL their shares) if ours went up anywhere NEAR a dollar! Heck, I'm going to take a little dab out when it hits 50 cents. (Maybe! Ha!)
But think about it - Monster has less than 200 million shares outstanding - That means if they did a 5 to one forward split (FORWARD mind you) that would give them about 950M shares
@ 30.00 PER SHARE.
So how many of you actually would rather drink Monster than RMH??
Not me for sure - and that is what is going to make this stock a *very* strong one over the next 5 years or so. Strong product, strong sales.
The only thing that might take is down is that dreaded litigation over an allergy or chemical induced unlawful acts blamed on the drink. I cannot see that happening. The recent drop was just some profit taking - some automated probably, since the 52 week high moved down from a beautiful .32 not long ago to .18, which is a little more that double when we were at .07 days ago... The computer sees that as a ....not-too-far-up-to-go... flag. I do not at all.
Have faith when the stock hits a drop like this, for there are many holders like me that have has this stock for a long, long time, and
are very proud of current management's development of a product that will stand the test of time like this one will - the timing is perfect!
as always,
Buy and Hold!
btw - you are right about the politics stuff - I will walk away from a store door in Texas that has certain sign on it and give someone else my money. Never Minyards or Whole Foods, but Home Depot, Target and others somewhat more constitutionally oriented can have my business.
(A certain hypocrisy is normal in America, right?
Don't bother pointing it out. I'm making a point with it!
But then I'm not an officer of the company....)