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See King

08/02/19 9:06 AM

#7439 RE: Rainmaker88 #7437

CELH mgmt has moved away from Chinese risk, including tariffs. Expect a neutral reaction to the market. Volume has puttered the price slightly, which was expected after the impressive DSD news. We are enjoying the 30%+ increase since 10K was released. Shorts were bearish then as well, and were dead wrong.

BOFAML is still bullish on the overall market, if you care about that with this stock. In fact, investors may seek CELH even more since it is risk adverse to trade wars.

The real indicator of performance comes in a week when earnings tell the story. Expect a big beat as fundamentals improve further and distribution channels expand.