Good morning RMHB investors. I've been very busy lately and only checking the board occasionally. Like I've said many times, my interest in this stock doesn't have much to do with cashing in on or predicting day to day moves.
I'm sharing that opinion again because many PM me asking what I think the stock will do in a day or two. That's not my thing. I'm in this stock for long term growth, and predicting day to day moves is hard enough even for those who spend all their time trying. I definitely don't.
Anyhow, with so many looking for quick multi-bagger flips, the tsunami that many are expecting will probably be more like the real ones, with many false alarms preceding it.
Why? That would be because those looking for quick flips, and even many frustrated and uncertain buy-and-hold investors, get carried away and overreach with their impatience-motivated pumping.
It spreads like the BS at any other social gathering, and before you know it, all of the wishful thinkers are pinning their near term expectations on that BS, and unfortunately many then bash the company when those overzealous expectations fail to materialize exactly when the pumps indicated they would. I delete most of that because it's pure bull shit.
I've repeatedly said it'll get trending upward once major deals are locked in motion and the financial reports confirm the success that management has been talking about. The share structure will improve, but it will still need to be seen in SEC filings just as the increasing revenues will.
The reason for that is simple: unlike in 2015 when the buying pressure exploded with little to no selling by private lenders to counter it and there was a much lower float causing the pps to move much easier, we'll now have to have much greater buying pressure to make it happen like it did then.
The changes required to see that kind of upward price movement (but sustained this time) are already in motion. I'm talking about the changes (starting with the victory in court) that'll lower the float, lower the GHS rate of selling that goes with an increase in revenue growth, and inevitably the increase in buying pressure that will result as all of those positive advancements are officially recorded in SEC filings.
The pps will spike and pull back as those positive growth factors continue to be achieved, but trying to predict day to day price moves is tough enough when actually trying to, and again, I'm not trying to. I'm not even watching level 2 action.
My belief is that the long term growth will be massive, and I'm seeing them make the right brand building moves to do exactly that. Those with the patience will win big. The news that's coming coupled with the next few financial reports will make longs very happy IMHO. $$ RMHB $$
I'm sharing that opinion again because many PM me asking what I think the stock will do in a day or two. That's not my thing. I'm in this stock for long term growth, and predicting day to day moves is hard enough even for those who spend all their time trying. I definitely don't.
Anyhow, with so many looking for quick multi-bagger flips, the tsunami that many are expecting will probably be more like the real ones, with many false alarms preceding it.
Why? That would be because those looking for quick flips, and even many frustrated and uncertain buy-and-hold investors, get carried away and overreach with their impatience-motivated pumping.
It spreads like the BS at any other social gathering, and before you know it, all of the wishful thinkers are pinning their near term expectations on that BS, and unfortunately many then bash the company when those overzealous expectations fail to materialize exactly when the pumps indicated they would. I delete most of that because it's pure bull shit.
I've repeatedly said it'll get trending upward once major deals are locked in motion and the financial reports confirm the success that management has been talking about. The share structure will improve, but it will still need to be seen in SEC filings just as the increasing revenues will.
The reason for that is simple: unlike in 2015 when the buying pressure exploded with little to no selling by private lenders to counter it and there was a much lower float causing the pps to move much easier, we'll now have to have much greater buying pressure to make it happen like it did then.
The changes required to see that kind of upward price movement (but sustained this time) are already in motion. I'm talking about the changes (starting with the victory in court) that'll lower the float, lower the GHS rate of selling that goes with an increase in revenue growth, and inevitably the increase in buying pressure that will result as all of those positive advancements are officially recorded in SEC filings.
The pps will spike and pull back as those positive growth factors continue to be achieved, but trying to predict day to day price moves is tough enough when actually trying to, and again, I'm not trying to. I'm not even watching level 2 action.
My belief is that the long term growth will be massive, and I'm seeing them make the right brand building moves to do exactly that. Those with the patience will win big. The news that's coming coupled with the next few financial reports will make longs very happy IMHO. $$ RMHB $$
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