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Monster Beverage Corporation Message Board

  • platytale platytale Feb 28, 2013 12:34 PM Flag

    possibly go negative today - outlook is uncertain; growth is slowing

    clearly estimates are too high and that means the growth outlook is deteriorating

    international improve is good but that is not enough

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    • There were more sellers than buyers today. Buyers thought they could break the inverse weekly head and shoulders but was meant with heavy sellers instead.

      Today's Trading Range: 50.26 - 53.88
      High: 53.88 Reached Within the First 2 hours (2 million shares traded)
      Total Daily Volume: 6.6 million

      After reaching the high of 53.88 within the first 2 hours, MNST started to sell off. It never retested the high again, which meant about 4.6 million shares sold off today. Yikes!

 
MNST
134.24-1.40(-1.03%)Sep 4 4:00 PMEDT