MNST - Monster Beverage Corporation
Prices
Date Open High Low Close Volume
Apr 4, 1996 0.72 0.72 0.62 0.62 228,800
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This clearly shows that Monster wasn't an overnight success ... It
takes time in the Beverage industry.
The fact that Pulse has been able to secure over 250 Walmarts in 2-3 weeks, suggests that not many store managers are rejecting the placement of the Cabana Lemonades in their particular store. Pulse should secure most Walmarts in the U.S., Mexico, and Canada during 2015, after all ... Calypso Lemonades have done so with a less healthy and inferior tasting product.
These Cabana Lemonade placements should also open up the door for their Coconut Water. Do you think that the Cabana displays would be right up front, next to the registers, if they didn't sell well during the trial period?
It's a shame that most long timers will bail because of the current stock price and the big guys will acquire shares at these prices and will benefit going forward as this company succeeds ... very sad, but true.
Just my opinion and observation. :)
