Monday, May 26, 2014 5:48:27 PM
Now, I think your concern would be valid for a worthless company with no future where the price spikes and then people sell for a quick profit. Now remember, Roth in my opinion, is not in that category because they have several very positive things going for them:
- a proven product (Sucanon)
- a major market (Mexico)
- actual sales and a great distributor (IMO)
- rising sales due to serious advertising
- a good management team (IMO)
If the company has real value and lots of potential then I believe the fact that some stockholder have stock they got at a bargain basement price is meaningless. Here is an example to explain why I don't think they will sell en mass:
Say you and I are at a garage sale and there are 2 antique Chine vases. I buy one for $10, but you are more shrewd than I buy the other one for $1. Now, we find out later that these vases are from the Muckamuck Dynasty and are worth $10,000 each. I won't sell my vase for $10 (1,000% profit - not too bad!), but maybe you would sell yours for $10 (10,000% profit - even better!)
I don't think so! Essentially, we BOTH got the vases for FREE. We will not be parting with our vases just to make a few quick bucks.
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