Falling Monster Beverage to $3.5
Updated
Falling from $43.5 to $3.5. Can you imagine that? 99% say no?
I give this forecast.
The cause of the fall will be:
- Company is no longer growing 30% a year as before.
- The company's already expensive (Enterprise Value/EBITDA 22; Price/Earnings 40)
- Drinks are harmful! It seems until this is understood only by blind and deaf.
- Trend to energy drinks harmful ends.
I give this forecast.
The cause of the fall will be:
- Company is no longer growing 30% a year as before.
- The company's already expensive (Enterprise Value/EBITDA 22; Price/Earnings 40)
- Drinks are harmful! It seems until this is understood only by blind and deaf.
- Trend to energy drinks harmful ends.
Note
Possible will time again at $50-$53. A great chance to enter into a short!
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