Posted on August 17, 2022
Today’s profit-quenching trade is a play on all those fancy gym beverages, and offers an exciting maximum haul of exactly 3233%.
So without further ado, let’s look at Celsius Holdings (NASDAQ:CELH), maker of ‘functional drinks’ and ‘liquid supplements’ – can nothing these days save us from the pretentiousness…?
To be more precise.
Anyway, CELH stock jumped better than 100% in just over a month, and that caught our attention.
And it wasn’t because they sold a whole lot more cans of their illustriously named Orangesicle
It was because of…
That is, the stock delivered better than expected earnings on August 10th, but the gains had already been logged by then.
Fundamentally, the stock today is no more than a big, sticky puddle –
Heh, heh, heh… and they thought we were napping.
The Good Lord willing.
Many happy returns!