I think investors know damned well where the annua
Post# of 75392
(Total Views: 396)
Posted On: 01/19/2017 4:54:02 PM
I think investors know damned well where the annual earnings are headed, and that makes building a position well above the current annual revs a much lower risk proposition than what it was just a year ago.
Anyhow, don't you remember the dot coms? Maybe you were too young or weren't into penny stocks then, but I saw many of them go well into the hundreds of times P/E even without the solid path to success in place that this company has.
People were betting that some of them would become huge and it ignited a feeding frenzy of investing even without having the proper building blocks in place like Rocky Mountain High Brands has.
Fact is, this company does, and it's brands are awesome so all they needed was to be discovered by or introduced to a group of savvy investors like those represented by Lily Li. They were sold just like most of us longs were, and they have the capital and the marketing/distribution infrastructure in place to make it huge.
As a result, like I've said many time in the past couple of years, I would suggest that those in doubt brave up and not make the mistake of waiting for those big net profits being repeatedly inked and dried before buying or they'll miss the boat.
Anyhow, don't you remember the dot coms? Maybe you were too young or weren't into penny stocks then, but I saw many of them go well into the hundreds of times P/E even without the solid path to success in place that this company has.
People were betting that some of them would become huge and it ignited a feeding frenzy of investing even without having the proper building blocks in place like Rocky Mountain High Brands has.
Fact is, this company does, and it's brands are awesome so all they needed was to be discovered by or introduced to a group of savvy investors like those represented by Lily Li. They were sold just like most of us longs were, and they have the capital and the marketing/distribution infrastructure in place to make it huge.
As a result, like I've said many time in the past couple of years, I would suggest that those in doubt brave up and not make the mistake of waiting for those big net profits being repeatedly inked and dried before buying or they'll miss the boat.
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