Lately, I've been thinking a lot about what is goi
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Posted On: 03/10/2019 2:59:51 PM
Lately, I've been thinking a lot about what is going to happen when the stock price begins its rise. And it will go up. It can hardly help it when there is very little downside left and so much good news in the forecast.
I believe that many of the investors claiming to be long will begin dumping their stock at two or three cents. After all, for many investors who have been buying up stock, this will be a one or two hundred percent increase. A lot of money is at stake and because we have been waiting for so long, some will take the opportunity to get out with a profit. Some will sell in the hopes of getting back in at a lower price. (flippers)
When this happens, I believe the true longs will have to continue to be patient and not be disappointed when the upward climb stalls because of profit taking. Once the early sellers are gone, new buyers will be in at a higher price. Despite the great news in the forecast, it may take a few more months for the stock price to really begin to roll.
We will soon find out who is in for the long haul and who is truly patient because I believe the waiting will not be over for a while for those who entertain thoughts of becoming millionaires.
Something else to watch for............
There is no way that RMHB will be able to slip under the radar once deals in the USA and Mexico are finalized and the product hits the shelves of hundreds(or perhaps thousands) of retail outlets. They are going to attract a lot of attention from some very big companies and I feel that a buyout offer(or partnership) is going to eventually happen. I don't believe for a moment that the Management of RMHB will ever let the company go for a song, and any deals that are struck will benefit the investors.
This is just one more reason to hang on. Also, investors do normally have a say in these types of deals and can accept or reject it.
I wonder. How would you vote if a large corporation one day offered to purchase RMHB for 50 cents a share? Would you reject it and wait for RMHB to become a big company in its own right? Even though that might mean waiting another year or two?
Just how patient are you?
I believe that many of the investors claiming to be long will begin dumping their stock at two or three cents. After all, for many investors who have been buying up stock, this will be a one or two hundred percent increase. A lot of money is at stake and because we have been waiting for so long, some will take the opportunity to get out with a profit. Some will sell in the hopes of getting back in at a lower price. (flippers)
When this happens, I believe the true longs will have to continue to be patient and not be disappointed when the upward climb stalls because of profit taking. Once the early sellers are gone, new buyers will be in at a higher price. Despite the great news in the forecast, it may take a few more months for the stock price to really begin to roll.
We will soon find out who is in for the long haul and who is truly patient because I believe the waiting will not be over for a while for those who entertain thoughts of becoming millionaires.
Something else to watch for............
There is no way that RMHB will be able to slip under the radar once deals in the USA and Mexico are finalized and the product hits the shelves of hundreds(or perhaps thousands) of retail outlets. They are going to attract a lot of attention from some very big companies and I feel that a buyout offer(or partnership) is going to eventually happen. I don't believe for a moment that the Management of RMHB will ever let the company go for a song, and any deals that are struck will benefit the investors.
This is just one more reason to hang on. Also, investors do normally have a say in these types of deals and can accept or reject it.
I wonder. How would you vote if a large corporation one day offered to purchase RMHB for 50 cents a share? Would you reject it and wait for RMHB to become a big company in its own right? Even though that might mean waiting another year or two?
Just how patient are you?
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(4)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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