posted
I have researched Hansen Natural as a SAFE great company with great longterm finicials. As of late, a lawsuit has been looming about backdating of option grants. Stock price hasnt been affected. Once this lawsuit is stettled will this stock fall like a stone? this company produces consistient 20+ percent returns yearly. anyone have previous experience with this?
posted
I wouldn't touch it. Those 20% returns might not be real. There's more than just the backdating of some stock options. All of their financials are being called into question now so you don't know what's true and what isn't. They're late in their current filing and NASDAQ has sent them a delisting notice. This is just a guess but there's a chance that they won't file. If they've been filing false or misleading financials all along, they're in a "damned if they do and damned if they don't" situation now that they're being investigated.
The other side of the coin is that if the allegations are thrown out of court, the stock could see a nice jump. Too much of a gamble for me though.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
thanks for the comments. good info. we need more big board players on this site. I like hansens big foot hold on the energy drink market. but the potential risk like Bull was saying is really not worth it.
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