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Replies to #528 on Food Innovation
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gfp927z

12/21/22 7:26 PM

#529 RE: wow_happens28 #528

Yes there could very well be a bounce back to 1:00, but much beyond that assumes that the numerous Sept warrants will not get exercised and sold off. 0.70 to 1.00 is a nice % gain, but expecting much beyond that is not so clear, unless RIBT's underlying business does in fact do well. But lots of problems with these tiny stocks, manipulation, lack of funding, lack of profitability, etc.

For a good long term food stock, how about something solid like Hershey (HSY), a 5 bagger over the past decade, plus the dividend. It doesn't have the promise of fast riches, but slow riches :o) Pepsico is another great one, more than tripled over a decade, and a 2.5% dividend.The combination of solid returns and a lack of angst/ulcers make up for the lack of day to day excitement :o)




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