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Re: NewJerichoMan post# 6146

Saturday, 05/20/2017 2:28:32 PM

Saturday, May 20, 2017 2:28:32 PM

Post# of 8799
You can't compare a huge and profitable FIZZ with a small and money losing CELH. FIZZ trades more on NI than on revenues, as do almost all large stocks in a consumer products business.

In 2014, CELH revenues rose 35%. The stock declined.
In early 2015, with revenues flat, it rose 600% on the outside investment.
Then it fell a bit and hovered between $2 and $2.40 most of 2016.
Then in 2017, again on flat revenues, it jumped to the mid 3's and hit over $4.
If anything, it show that on the OTC, revenues have very little to do with the stock price, even for companies that actually have revenues.

When you think "there can't be that many people falling for this", remember the Bernie Madoff story and recall that over $50 BILLION of smart money fell for a great story.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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