Great post. To piggy back off of what you are sa
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(Total Views: 391)
Posted On: 09/23/2019 9:09:58 AM
Re: adirondackhi #58624
Great post. To piggy back off of what you are saying, I think this goes nicely with the idea of expectation management. Great things are happening at Rocky Mountain High Brands. Like you said, the pps is not the only indicator.
Remain patient and wait for them to start reporting revenue. It would be great if we could report CBD Life revenue in the third quarter, but we will report Green Lotus revenue, and CBD Life is not far behind.(Fourth quarter) I think a conservative point of view would be to not expect the pps to move much until November, after the 3rd quarter results are posted.
Of course it is possible to be surprised by some news that we don't know about yet, but if you keep your expectations reasonable, then you will be much happier about your investment.
All of that said, I am still not happy about waiting until October for CBD Life, but that is because I am one of those people that wants instant gratification. That is my own immaturity, if I take a second to think the about the big picture, everything comes into focus and I see a bright future.
Remain patient and wait for them to start reporting revenue. It would be great if we could report CBD Life revenue in the third quarter, but we will report Green Lotus revenue, and CBD Life is not far behind.(Fourth quarter) I think a conservative point of view would be to not expect the pps to move much until November, after the 3rd quarter results are posted.
Of course it is possible to be surprised by some news that we don't know about yet, but if you keep your expectations reasonable, then you will be much happier about your investment.
All of that said, I am still not happy about waiting until October for CBD Life, but that is because I am one of those people that wants instant gratification. That is my own immaturity, if I take a second to think the about the big picture, everything comes into focus and I see a bright future.
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