There has been recent insider buying and Seeking Alpha believes ROX will be in the Black by March 2014....jmho
ROX seems to be building a strong base. If it breaks out again we could see $2.00 on good earnings....jmho
Dr Frost is a legendary billionaire investor and one of his picks is Castle Brands. Seeking Alpha recently wrote a report with the opinion that Castle Brands will be profitable by March 2014.........jmho
He is a billionaire investor and one of his picks is Castle Brands ( rox ). Seeking Alpha believes ROX will be profitable by March 2014.......
Am also looking at Dr Frost's investment in Castle Brands ( rox ). Recent insider buying, holiday season here and a recent SA article predicts ROX will be in the Black by March 2014. The fact that it trades at 80 cents with a recent high of $1.10 - it means i can buy a lot and hope it doubles on a positive earnings report....jmho
I thought it was suppose to go up when that happened ?
Some of his stocks have been slowly moving up going into the Santa Claus rally season. Castle Brands seems to be building a strong base getting ready for it's next move to the $2.00 area...jmho
If every investor in ROX called every beverage distributor in their community and asked whether or not they carried Castle Brands products maybe we could generate some buying interest. If beverage distributors knew Castle Brands was a publicly traded company and that buying the companies stock while it's still under a dollar and than promoting the product they could make money both ways.
Seeking Alpha predicted ROX would be profitable by March 2014.......jmho
It did on it's way to $1.10....It also predicted ROX would be profitable by March 2014, so if right again we may no longer trade under under $1.00 for much longer...................jmho
All we need is a little more insider buying and a press release from the company telling us how great holiday sales are and we could be looking at $2.00 a share by earnings release 2014.....Just my humble opinion.
Castle Brands ( rox ) is on the verge of profitability. Seeking Alpha thinks ROX will be in the Black this quarter.jmho