Yes, but it would have taken some stubborn resolve to see large gains in Celsius based on the 10 year stretch from 2010 to 2020. I think RMHB can see bigger gains in the same period of time, maybe even a shorter period.
Looking at the charts below, you can clearly see that after Celsius did their 1 for 20 reverse split in December 2009, the pps rolled over and dropped hard. Investors holding Celsius shares purchased pre-RS would've been just as frustrated as any that experienced the same with RMHB.
It then traveled sideways for 4 years, though showing some signs of life in 2014, and finally a nice pop in 2015 into the $2 dollar range, traveled sideways for another year and a half, then in 2017 popped up into the $5 dollar range, then dropped a little and traded sideways again for about 2 years in the $4 range, then finally this year it shot up good on strong earnings.
It usually won't follow the same path even with two similar companies. RMHB shareholder percentage gains could easily shoot well past those of Celsius shareholder percentage gains in the next 2 years. Not saying they will, but also can't say they won't.
Many variables like portfolio of products and market niches are involved, and looking closely at those variables and key catalysts coming together (including positive regulatory changes), I believe explosive earnings for RMHB are absolutely a strong possibility in the next 1-3 years.
Looking at the charts below, you can clearly see that after Celsius did their 1 for 20 reverse split in December 2009, the pps rolled over and dropped hard. Investors holding Celsius shares purchased pre-RS would've been just as frustrated as any that experienced the same with RMHB.
It then traveled sideways for 4 years, though showing some signs of life in 2014, and finally a nice pop in 2015 into the $2 dollar range, traveled sideways for another year and a half, then in 2017 popped up into the $5 dollar range, then dropped a little and traded sideways again for about 2 years in the $4 range, then finally this year it shot up good on strong earnings.
It usually won't follow the same path even with two similar companies. RMHB shareholder percentage gains could easily shoot well past those of Celsius shareholder percentage gains in the next 2 years. Not saying they will, but also can't say they won't.
Many variables like portfolio of products and market niches are involved, and looking closely at those variables and key catalysts coming together (including positive regulatory changes), I believe explosive earnings for RMHB are absolutely a strong possibility in the next 1-3 years.
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