Imo again FUN, this is being accumulated not for this upcoming Q but for the next Q which is historically their best an so on and so on. It's my belief there has been profit taking already along with shorty but it's being absorbed by someone and being managed.
My crystal ball is a tad bit foggy too, but I've seen this before in others but...
At a $2.00 PPS this company should be recognized as a small cap investment now, not a micro cap as you would refer to as a penny stock, because it will have a market cap of $310,000,000.00 at that PPS. Current market cap is 286.86 Mil. Small Cap: The term small cap refers to a company with a market capitalization of $300 million to $2 billion. My opinion on that is this would or should put Castle Brands Inc. (ROX) on a completely new radar. No more small time funds accumulating or farting around with this (other than the smaller guys) that have figured this out early but will possibly be seeing much greater interest from large funds. The really big guys. ROX market cap is a biggy here imo. Lets see how it works out.
I could be way off man but not thinking I am, it's just my opinion.
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