Case Studies
Scott’s Miracle-Gro Company
NYSE:SMG
Shares Outstanding: 57,530,125 (www.investing.com)
Share Price: $99.25 Market Cap: $5.71B
Qtr. Dividend: $2.03 Ex-Dividend Date: 11/22/17
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You will notice that the ROI lines in green start and stop in different points. My first article in the spring of 2016 emphasized the need to be adaptive in order to maximize ROI in this vibrant ecosystem of an industry. As such, one may have recognized the ideal exit points and waiting for a new entry point or perhaps waited until they felt the share price bottomed out in November. An ROI of over 300% in just over a month is nothing short of spectacular.
Editor
Editor
MCIG has recently announced a new direction and strategy – one that warrants its own case study this month. That link in the first sentence is the backgrounder you need and you are encouraged to read it and use it in your own due diligence. Succinctly, from a company known as a leader in the vaporizer industry, MCIG is branching out as follows and note that
MCIG owns Obitx:
- Obitx, through its subsidiary ICOMETHOD will provide full consulting services, to help blockchain companies prepare and launch their Initial Coin Offering (ICO).
- Invest in startup companies.
- Take position in ICO’s
- Have ownership of Cyptocurrency ATM’s
- Serve as an advertising agency