My take with RMHB
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Posted On: 10/16/2017 5:29:55 PM
So now that we have a real board I will offer my take on this stock.
I took a small position a few years ago when it seemed like they were making good headway in the small stores and the HY Vee stores as well. When it was disclosed that Lily LI was looking to purchase our company and they discussed the Chinese market place with both the water and energy drinks I thought we had a chance to succeed. It became clear to me after about 8 months went by that after all the talk ended and she signed the deal there was a long period of time that went by and no word at all about China. I knew then this company was in trouble. Something was wrong. All the while the pumpers kept telling their lies with no regard for the investors who were listening to their crap.
It is so obvious when you look at production runs and sales how bad things were.
Penny stocks are a dime a dozen and very few make it. I can lose my money on this stock and sleep just fine. I would never bet too much on a longshot like this. Just my 2 cents worth.
I took a small position a few years ago when it seemed like they were making good headway in the small stores and the HY Vee stores as well. When it was disclosed that Lily LI was looking to purchase our company and they discussed the Chinese market place with both the water and energy drinks I thought we had a chance to succeed. It became clear to me after about 8 months went by that after all the talk ended and she signed the deal there was a long period of time that went by and no word at all about China. I knew then this company was in trouble. Something was wrong. All the while the pumpers kept telling their lies with no regard for the investors who were listening to their crap.
It is so obvious when you look at production runs and sales how bad things were.
Penny stocks are a dime a dozen and very few make it. I can lose my money on this stock and sleep just fine. I would never bet too much on a longshot like this. Just my 2 cents worth.
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