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Castle Brands Inc. Message Board

  • derek_ladique derek_ladique Oct 11, 2013 3:57 PM Flag

    Hey guys- I'm a nubie.....

    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.

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    • 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.

 
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