MNST started at .24 - 08/31/2002 In ten years it finally reached an all time high of 79.00. 10K invested in 2002 would have made you 3.5 mil in ten years. Or thereabouts.
Bebevco NEEDS to get out of the pennies and get on the big board. Maybe BW is the guy to do it or maybe he isnt, but someone should take notice of this product's potential and run with the ball. Or steer the car to victory. Whatever.
MNST slowly grew over year and years. This is how the big boys play. This company appears to be growing normally, but the growth of the stock is attibutable only to these day traders and not much else. When you sell a stock for .0003/share, you attract day traders and penny traders.
That is how he started because that is all he had. Bottled tap water. Now it seems as if the company has grown exponentially faster than what BW thought it would. That is my take. He is good at marketing and keeping the interest up.
He is good at production and transportation. He is good at managing revenue. His product is good. His image is good. His history is good. So far his entire operation is good. I have yet to find a flaw.
He is keeping interest in the product. He is introducing new products and finding new vendors. So this is isn't on everyone's table or in everyone's fridge. Neither was Vitamin Water or Monster Energy Drinks or Red Bull, yet they have all made the people behind them millionaires.
Until I see that something this company does causes problems or the people running it are smuggling illegals in through their aluminum can trucks or something, I am staying long.
I wholly expect the next earnings report to be positive and the next one after that and after that. I just want this thing to keep the pace and stay in the minds of the consumers and that is where BBDA is leaving all of its predecessors out in the cold.
Advertising. Product placement. Production. Transportation. Company structure. It's all there. If you want to look at the chart, it's all there also. If this were a bad deal, it would have run its course already. Today the drop was attributable to no bad news, no negative headlines, just simply people selling off.
Honestly if I had bought 4.5 mil shares at .0003/share ($1350.00)and it rose to .012 so I could sell and make 400K in 4 months, I might have been tempted to do so. I am not blaming anyone for selling if that was the gain they realized. Also the whole market was down today.
Once again, this company needs to get on the big boards in the next 6 months, shed these day trading penny flippers and move on. I have nothing against day trading penny flippers, but come on, you know you aren't in this for the long haul and it seems like BW is in this for the long haul.
How else is he going to support his racing habit? LOL