Yes, and keep in mind that I never made ANY promis
Post# of 75229
(Total Views: 629)
Posted On: 09/17/2020 6:56:39 AM
Yes, and keep in mind that I never made ANY promises about the near term price per share shooting for the moon as a result of strong revenue growth showing up in the 2nd quarter 10-Q.
I think it's crazy to predict fluffy near term price moves unless your goal is to build up false hopes in order to spark a spiteful or just uninformed sell off following a let down. I realize that some just don't understand, but only a miraculous leap to profits would cause that based on fundamentals, OR an organized pump and dump maneuver which is highly unlikely in any form other than small scale executed by flippers.
Can the pps jump based on strong earnings? Of course it can, especially with the unrestricted shares outstanding as well as the float hanging at just 150 million shares, but there are a bunch of flippers positioning themselves to sell on that news, so the pps climbing can easily be a delayed reaction to the proof that they are growing nicely.
The "honest truth" can be right in front of some people and they won't even be able to see it, especially when they blur the words of those speaking the truth into the words of those fluff pumping the stock. Like the man who drowns in 50 feet of water because he's too blinded by gold fever to let go of the 80 lb. sack of gold so he live to retrieve it another day, some won't stop being "blinded" by their fantasizing about overnight riches, so they hastily begin pointing fingers in the wrong direction when the wind comes out of their sails.
Some of the toxic trolls play that card just to discredit those of us who have been speaking the truth for a long time now. Doesn't matter to true longs who understand what they're seeing. People have been comparing RMHB to Celsius because of the major run up of Celsius stock, and that's ok, as long as they keep it in perspective. Once the revenues reach that tipping point, Rocky Mountain High Brands can afford to do a lot of great things including the hiring of some business guru for a CEO that can finish taking them to the Moon.
Then again, they could get there with the folks already in the wheelhouse. We'll see in due time, but they won't hit the Moon just from the first 10-Q showing strong earnings growth. The whole point is, the evidence of strong growth will have begun, setting the stage for what will likely be an awesome success story. Only the patient will get there gracefully. The rest will be like the kids in the back seat whining "are we there yet???". LOL
I think it's crazy to predict fluffy near term price moves unless your goal is to build up false hopes in order to spark a spiteful or just uninformed sell off following a let down. I realize that some just don't understand, but only a miraculous leap to profits would cause that based on fundamentals, OR an organized pump and dump maneuver which is highly unlikely in any form other than small scale executed by flippers.
Can the pps jump based on strong earnings? Of course it can, especially with the unrestricted shares outstanding as well as the float hanging at just 150 million shares, but there are a bunch of flippers positioning themselves to sell on that news, so the pps climbing can easily be a delayed reaction to the proof that they are growing nicely.
The "honest truth" can be right in front of some people and they won't even be able to see it, especially when they blur the words of those speaking the truth into the words of those fluff pumping the stock. Like the man who drowns in 50 feet of water because he's too blinded by gold fever to let go of the 80 lb. sack of gold so he live to retrieve it another day, some won't stop being "blinded" by their fantasizing about overnight riches, so they hastily begin pointing fingers in the wrong direction when the wind comes out of their sails.
Some of the toxic trolls play that card just to discredit those of us who have been speaking the truth for a long time now. Doesn't matter to true longs who understand what they're seeing. People have been comparing RMHB to Celsius because of the major run up of Celsius stock, and that's ok, as long as they keep it in perspective. Once the revenues reach that tipping point, Rocky Mountain High Brands can afford to do a lot of great things including the hiring of some business guru for a CEO that can finish taking them to the Moon.
Then again, they could get there with the folks already in the wheelhouse. We'll see in due time, but they won't hit the Moon just from the first 10-Q showing strong earnings growth. The whole point is, the evidence of strong growth will have begun, setting the stage for what will likely be an awesome success story. Only the patient will get there gracefully. The rest will be like the kids in the back seat whining "are we there yet???". LOL
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(1)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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