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Monday, March 23, 2009 2:39:55 AM
You've been staring at pennies on this thing for months and months. Many stocks before now have proven they can go up 500% to 5000% on far less news than this. Some do it in a day. But most take several days, weeks, or even months.
This is also the time that HANS, FRPT, CKXE, and JSDA ALL, I repeat ALL ran in the past. That is because this is the timeframe March-April that hedge funds have ALWAYS found that one baby to run to the moon because it has the news to substantiate it.
You know the insiders have over 60% of the shares. They aren't selling, we know that. I personally know that around 20% of the remaining shares are not selling either. The news just hit. The deal is fresh. There are no shares for the likes of Rodman, and the beverage analysts that are dripping for a huge growth story in this economy. Kid is creating jobs. Drinks just put out EXPONENTIAL GROWTH news in the largest growth area in the world. This is the stuff hedge funds cream for, and they will do anything they can to get their hands on your shares. Much like they've been doing for two years now, and have always done on every great growth story out there.
You have thousands upon thousands of traders/investors scanning and looking for the next big winner. When this goes, they will chase. They will pay above the ask to gain a position. THEY CAN ONLY BUY WHAT IS ON THE BOARD.
THERE IS NOTHING TO SUGGEST THIS STOCK WILL GO ANYWHERE NEAR WHERE YOU THINK IT WILL GO. IF YOU GUESS A NUMBER YOU WILL BE WRONG.
The stock must seek a level where there is liquidity. There is only liquidity if people put in sell orders. Do what you must but you have a chance here to reap exponential rewards as Patrick and management have stated. You have to let the story unfold accordingly. There will always be those that trade. But history has ALWAYS proven, the best run, is the next run. These guys will steal your shares on any downticks and THEY WILL GAP THIS STOCK REPEATEDLY TO THE UPSIDE.
I personally am going with management on this one. JSDA got to $33 and the numbers nowhere near substantiated it. So did FRPT to $33. CKXE to $30. HANS to $400. All way above their sales ratios BECAUSE OF THE IMPLICATIONS OF THEIR DEALS GOING FORWARD WHICH I HAVE REPEATEDLY TALKED ABOUT. No need to continue.
Just go fishing or golfing or something. We'll send you a text when it hits $3 and $5 and so on.
My due diligence and resulting opinions come from 25+ years in the world of trading and investing. Any contrarian viewpoints should be considered an exercise in futility.
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