MINE Is In Breakout Mode As It Chases A 25 Cent Historical High
Good Afternoon!
Minerco, Inc. (OTCPINK: MINE)
Buckle in because I’ve found another wonder-play which based my due diligence, could provide you with continued upside opportunity. I say “continued” because this little monster has already passed a key threshold – but more on that below, let me tell you first about why MINE is a heavy trading target right about now.
MINE makes a line of speciality beverages which seem to be capturing the attention of consumers across the board. These drinks are called “functional” due to the health benefits derived and guess what? They are now eating into sales of traditional drinks made by companies like Coco Cola and Pepsi. No joke.
Those siphoned sales are now flowing into the coffers of companies like MINE. The latest figures from research firm Nielsen confirms this; “functional drinks” offerings grew 6.9% in 2015 and new product launches accounted for nearly 90% of growth within the juice beverage category.
These growth figures haven’t obviously captured the attention of MINE. The company recently introduced its newest VitaminFIZZ® formulation and flavors.
That news development is fresh, so what does a MINE trade look like on the current numbers? Well you should be happy know that the play isn’t in a coma. Instead it’s wide awake and has just surpassed its 50 DMA of .027. There’s more.
Volatility levels are insane at the moment; investor interest is at a fever pitch as more and more traders wake up to the tremendous short term upside in the play. Over 1.3 million shares change hands, on average.
A big target which could deliver unbelievable gain potential is the 12-month high of .25. By my calculations there’s at least 762% on the table. I am not telling you that all of that could be delivered in one go, but with surging momentum such as we are seeing now, anything’s possible.
The chart below will show you why MINE could be a big mover; pay close attention to the relative strength index – it’s a 53 on the daily chart.
MINE is ALIVE.
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=MINE
About
MINE Minerco, Inc., through its subsidiary, Athena Brands, Inc., develops, produces, markets, and distributes a portfolio of specialty beverages in the United States.
MINE offers VitaminFIZZ, a vitamin enhanced lightly sparkling water in lemon-lime, mango-orange, strawberry-watermelon, black raspberry, strawberry lemonade, and coconut-pineapple flavors; and VitaminCreamer, a vitamin fortified creamer, as well as coffee, French vanilla, hazelnut, and mocha under the COFFEE BOOST brand.
MINE was founded in 2007 and is based in Houston, Texas.
Functional Drinks Market Blows Up, Now $84.6 Billion Annually
According to the latest research by market analysts Business Insights, the functional drinks market (consisting of sports drinks, energy drinks and nutraceutical drinks) was valued at approximately US$51.2bn in 2009. The market is forecast to grow at a CAGR of 8.76% to reach a value of $84.6bn by 2015, with growth for the period 2010-2015 expected to reach 9.23%.
In its report, Emerging Ingredients in Functional Soft Drinks*, Business Insights says the Americas stands as the key region for the functional drinks market. However, it is important to note the dominance of key countries within these regions. The US functional drinks market remains by far the largest market globally. The Asia Pacific region meanwhile is dominated by Japan and China, which make up over two thirds of the region’s market value. The opportunity therefore exists for manufacturers to go beyond the major markets and target other areas.
During 2008 – October 2011, most functional drinks were launched in North America, accounting for 38% of the global launches over the review period. The European region is ranked second, accounting for 27% of the launches, followed by Asia Pacific taking 23% of the new products.
News Development
Minerco's Athena Brands Unveils VitaminFIZZ® with Caffeine
MINE recently introduced its newest VitaminFIZZ® formulation and flavors. VitaminFIZZ is the vitamin enhanced sparkling water brand boasting delicious taste and now added functionality. The delicious, hybrid combination of zero calories, vitamin enhancement and caffeine truly and uniquely blurs the carbonated / sparkling / functional category lines.
VitaminFIZZ has fused the best attributes of multiple categories while maintaining the taste and flavor that made VitaminFIZZ popular in the first place. The company is confident traditional soda, diet soda, sparkling water, health-centric and functional consumers, on a national scale, will be enticed to try VitaminFIZZ. Based on past performance, VitaminFIZZ's delicious flavor will bring the customers back again and again.
To learn more about MINE please visit their website: http://www.minerco.com/
So, powerhouse or what? MINE looks poised for upside to me; it’s also started delivering upside so act fast and catch the earliest waves of profits.
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