You've gotten one hyper-negative answer to your qu
Post# of 75360
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Posted On: 03/28/2017 10:16:45 AM
Re: awesomeness #32748
You've gotten one hyper-negative answer to your question. Here's a more balanced one. The odds are excellent that RMHB's stock will rise, and that it will rise dramatically. That said, there are risks involved. Different sorts of risk ...
There's company risk. It's all plans and intentions at this point with RMHB. The company's promise is not matched by performance to this point; that's why the PPS is languishing. The future growth that so many on this Board are legitimately excited about depends on having a strong management team in place that can actually deliver on the potential. For me, the jury is out on whether that management team is currently in place.There have been disconcerting mistakes along the way. Lily Li may want to put in new management. If that happens, will they be highly skilled? That's an open question, too. Execution is paramount at this point. I believe in the company, but I'm not kidding myself that this is an ironclad investment. It's not.
Second, there's personal risk. This goes to your own financial situation. How much risk can you tolerate? If you've got $10K-plus to take a flier with, I think RMHB is a good place to put the money. Don't believe the doom-and-gloom OR the success-is-foreordained folks, though. The future is unknowable.
There's company risk. It's all plans and intentions at this point with RMHB. The company's promise is not matched by performance to this point; that's why the PPS is languishing. The future growth that so many on this Board are legitimately excited about depends on having a strong management team in place that can actually deliver on the potential. For me, the jury is out on whether that management team is currently in place.There have been disconcerting mistakes along the way. Lily Li may want to put in new management. If that happens, will they be highly skilled? That's an open question, too. Execution is paramount at this point. I believe in the company, but I'm not kidding myself that this is an ironclad investment. It's not.
Second, there's personal risk. This goes to your own financial situation. How much risk can you tolerate? If you've got $10K-plus to take a flier with, I think RMHB is a good place to put the money. Don't believe the doom-and-gloom OR the success-is-foreordained folks, though. The future is unknowable.
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