Castle Brands Board (ROX)

[okaly]

still trying to judge a bottom here, but that's difficult when there dilution in play. feel i did a good job of that in june however when I added .01 above where it eventually bottomed. glad i didn't add friday morning when i originally planned to or i'd be stuck with a 10% loss already. Didn't foresee an offering until they were firmly over 2.00.

I don't think there's any reason to get all that excited about adding until ROX flirts with the 1.40 area..... although it may very well go much lower than that.

adding now is just not a sensible investment. ROX is going to have quite an overhang to chew through on the way back up.