DROP ran from .07 to 1.00 in a matter of months with no revenues. Yes, some well placed celebrity endorsments etc....and an apples to oranges comparison in terms of product but nonetheless a testament that penny stocks can move if management makes the right decisions. I've mentioned before that it would be nice for Dan to get some celebrity hunter endorsments etc...We will see....he has expressed and shown that he wants to increase shareholder value.
Renters typically miss out on these sizeable moves because they are looking for a quick buck. They also never put in enough to make a decent return. I doubt anyone will retire on COHO this next year, though I guess it could happen. But if you own enough shares and if Dan and his team keep delivering good products and consistent revenue growth you will do very well regardless. Word is also spreading and this will bring in new investors --hopefully serious investors. With the float this stock has, your odds are pretty good here, demand will drive price higher.
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