I've heard lots of hype about Celsius (CSUH) and their launch of earth's first calorie burning soda endorsed by celebrities and news shows. and about Plankton (PLKT) claiming they can solve the global warming crisis with the release of plankton into the ocean which theoretically will eat up millions of tons of CO2 from the earth's atmosphere. and since CO2 emission will now have to be regulated by the EPA Plankton plans on selling CO2 credits to companies that emits to much CO2.
2007-06-20 16:28:37 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Both of these stocks fit under the category of "longshots". They are, what Peter Lynch, one of the most successful fund managers ever, also refers to as "whisper stocks". The bottom line is, whatever name you use, do yourself a favor and stay away from them.
I realize this is not always easy. "Whisper stocks" usually have very compelling stories that make you want to be a part of something big. In Lynch's informative book "One Up On Wall Street" he describes their appeal, "Often whisper companies are on the brink of solving the latest national problem: the oil shortage, drug addiction, AIDS"
The two companies you mentioned are great modern day examples of companies that will solve our current problems: Celsius will end obesity and Plankton has a solution to global warming. Unfortunately, these stocks rarely do what they say. Just look at the performance of other longshots .
KMS Industries, Bioresponse, American Solar King, and Sun World Airways all had exciting stories at one time. Today, they are worthless. So do yourself a favor, dont buy these stocks!
2007-06-20 20:29:43 · answer #1 · answered by KhrisB 3 · 0⤊ 0⤋
Well first off anything that forces your body to burn calories puts it under massive amounts of stress; just check out the body building circuits. People are having major physical problems and dying left and right over the use of things supposedly to boost performance. So don't invest in it because it will blow up in your face in time.
As for the plankton if you release massive amounts of a new species into the ocean you better have something there to keep their numbers from growing to the point where they wipe out other species which means no matter how well meaning the plan is it probably won't get past the planning stage.
You want some investment advice; sell any stock you have in gasoline companies and buy into alternative energy companies. Wait till the price of gas hits 5 or 6 dollars a gallon in the US and the average American is shelling out 10% of their income just in gas alone; you'll see alteranative energy support go through the roof.
2007-06-20 16:45:06 · answer #2 · answered by Robert B 2 · 0⤊ 0⤋
I'll be happy. Maybe my 401 K will make some profit this year. Of course if Nancy Pelosi has her way, I will be charged a windfall tax, if it does. By the way, don't you people realize what actually caused the gains this week in the stock market? First CitiGroup's announcement of a huge profit in the last quarter started it, then GM advised that they didn't need the 2 billion dollars they had recently requested. See what happens when government stays out of it?
2016-05-21 05:39:02 · answer #3 · answered by ? 3 · 0⤊ 0⤋
NEVER take anyone's word as truth when it comes to where you put your hard earned money. ALWAYS investigate the claims yourself, check out the company to see if they have a good business plan, where the claims are coming from, etc.
2007-06-20 16:48:19 · answer #4 · answered by Brian G 6 · 0⤊ 0⤋
Don't fall for it.
People need to start losing weight and taking up less room.
That hype is not something I would bank on.
2007-06-20 16:34:43 · answer #5 · answered by Anonymous · 0⤊ 0⤋
OF COURSE NOT. They always say that...you should listen to some finance investment radio...you would be surprised.
2007-06-20 16:33:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋