After reading a few articles about Phillip Frost and his investing acumen, I studied several of his holdings including ROX. I first became familiar with Dr. Frost when I bought VGR (Vector Group) shares. It's a generic cigarette with some real estate holdings throw in. They pay about a 9.5% cash dividend AND also a 5% stock dividend yearly. I've done very well with it. So, after researching ROX and being intrigued that Mr. Frost would even engage with such a low cost turn-around story, I pursued my usual all-or-none, limit order approach. I bid $.70.share and was able to pick up my entire lot for $.691. I'm looking forward to another successful ROI and wonder why others chose to buy shares of this stock.
Welcome. Ignore the white noise that's crude, crass, insulting, stealing others' user names, over-abundantly bashing and even over-abundantly pumping, and there's a good group here.
For me, it's all in the products. Had never heard of Castle Brands until I found it listed as a 'competitor' on Finance sites to DEO. When I looked, I realized it was the shell for Knappogue (which I liked) Boru (Which my wife liked) and Goslings (which we both liked). Have been impressed with the portfolio ever since, and for-- at the time-- shares between .22 and .6 or so (at the B&S Acquisition).... it was well worth the play. Still is. They're only getting stronger. I don't EXPECT a profit this Q, but look at the last 8 quarters or so, and they're inching there. Every move they make is toward that black line. It's coming. Hold on tight.
wow,agree,very close next 2-3 Q's? imo...remember,market prices going forward,so next Q or so key.....imo...still unvalued...risk vs. reward,very ,very,very good...imo....GREAT SECTOR,GROWTH,PROFITS,...