I'm sure we are all looking forward to the quarter
Post# of 75001
(Total Views: 534)
Posted On: 04/28/2021 8:56:27 PM
I'm sure we are all looking forward to the quarterly reports. The thinking is that it will show more sales and will most likely move the stock price upward. However, it's been my experience with other stocks that there has to be more than that or the stock will eventually just fall back down.
What we will need besides reports that show sales increases is a consistent source of news. For instance, the company is hopefully working on other markets for our products with a plan to release this info incrementally as a follow up to excellent quarterly reports. This is what will keep the stock on an upward trajectory.
Momentum is the key and I have a feeling that the company has several irons in the fire that we are not yet aware of. They may well be waiting for the right time to release the news and my thinking is that it will be shortly after the quarterly reports are there for all to see.
With consistent good news the stock won't have time to fall back and will continue to rise. When that happens, moving to one of the big exchanges will be more of a reality and less of a dream.
It make sense that expanding the ability to manufacture more product will be the key. After all, if you were accepted into all the Walmart's across the USA (for instance) the company would have to be able to deliver a ton of product. This means expanding production facilities and I can see this happening in the very near future.
I've been in retail grocery for 52 years and know first hand that supermarkets will not stand for empty shelves and companies that cannot keep the shelves full will lose their shelf facings in a hurry. You simply can't grow faster than your ability to supply the demand.
Hold on to your shares and hold on for the ride. I truly believe these guys know what they're doing.
Good Luck To All.......
What we will need besides reports that show sales increases is a consistent source of news. For instance, the company is hopefully working on other markets for our products with a plan to release this info incrementally as a follow up to excellent quarterly reports. This is what will keep the stock on an upward trajectory.
Momentum is the key and I have a feeling that the company has several irons in the fire that we are not yet aware of. They may well be waiting for the right time to release the news and my thinking is that it will be shortly after the quarterly reports are there for all to see.
With consistent good news the stock won't have time to fall back and will continue to rise. When that happens, moving to one of the big exchanges will be more of a reality and less of a dream.
It make sense that expanding the ability to manufacture more product will be the key. After all, if you were accepted into all the Walmart's across the USA (for instance) the company would have to be able to deliver a ton of product. This means expanding production facilities and I can see this happening in the very near future.
I've been in retail grocery for 52 years and know first hand that supermarkets will not stand for empty shelves and companies that cannot keep the shelves full will lose their shelf facings in a hurry. You simply can't grow faster than your ability to supply the demand.
Hold on to your shares and hold on for the ride. I truly believe these guys know what they're doing.
Good Luck To All.......
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(2)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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