Here are some good articles about DD on penny stocks and also a couple on penny stocks that became successful.
BTW, Monster Beverage went from .04 (1996) to $135 where it hovers today. The key things to learn with Monster as it relates to RMHB are two positive differences in the business landscape.
1) RMHB does not have to educate consumers on what energy drinks are, it's already an established and popular product category. Monster had to educate consumers about what their products were. This extends the growth period. Not so for RMHB.
2) Social media exists now. It didn't during the early years for Monster.
Therefore, RMHB can grow faster if social media is used well and will not have to educate consumers or experience any resistance. Both good things.
Throw in the growing hemp movement, and you at the very least have a fertile business landscape to grow in faster than previous similar product category companies.
http://www.investopedia.com/articles/active-t...llions.asp
http://traderhq.com/penny-stock-success-stories/
http://www.benzinga.com/trading-ideas/long-id...y-that-way
BTW, Monster Beverage went from .04 (1996) to $135 where it hovers today. The key things to learn with Monster as it relates to RMHB are two positive differences in the business landscape.
1) RMHB does not have to educate consumers on what energy drinks are, it's already an established and popular product category. Monster had to educate consumers about what their products were. This extends the growth period. Not so for RMHB.
2) Social media exists now. It didn't during the early years for Monster.
Therefore, RMHB can grow faster if social media is used well and will not have to educate consumers or experience any resistance. Both good things.
Throw in the growing hemp movement, and you at the very least have a fertile business landscape to grow in faster than previous similar product category companies.
http://www.investopedia.com/articles/active-t...llions.asp
http://traderhq.com/penny-stock-success-stories/
http://www.benzinga.com/trading-ideas/long-id...y-that-way
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