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Monster Beverage Corporation Message Board

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  • n59218 n59218 Oct 22, 2012 6:47 PM Flag

    The monster is now a limping dog with fleas and no barkability

    As expected, the dive down has really started now. With this extremely bearish
    scenario just emerging now, many folks would not even dare to touch the broken-
    chart and trend, for a long, long time.... if ever! The old buy-backs' funds
    also must have been depleting now. As such, with some earnings earlier, it was
    already in the bubblish-territory (having been pumped-up so much by the powers
    that be). Now, with such melancholic prospects going forward, there is
    absolutely no incentive left here to buy the shares at such lofty prices for a long,
    long time IMHO. (may be when it has collapsed in single digits, one can dabble
    in for an ultra-short-term hold trade). But the bubble has started deflating
    today, and it has a long, loooooong way to go down from these levels IMHO! Please
    do your thorough DD.

    Sentiment: Strong Sell

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