Thursday, August 10, 2017

Castle Brands ROX $ROX 8/10/17 Analyst Earnings Reaction

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.

1 comment:

  1. 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.