For Castle Brands, ticker symbol ROX, today earnings have come out for the company. With what has been reported, I expect a muted reaction on Wall Street due to the fact that in my mind ROX is a takeover target. The reports have circulated about this. I don't see these earnings as much of a material event as they were neutral in my opinion.
In full disclosure I must disclose that I have no position in ROX.
In full disclosure I must disclose that I have no position in ROX.
I do like this stock and have owned it at different points. I may consider a re-entry at some point, though am looking in other sectors currently.
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