We were out running errands today, and when we bought groceries, we picked up a can of Monster Energy drink. It's produced by Hansen's Group (tick=HANS). It announced earnings this morning and it added 17% to its share price today.
It's the first stock I have owned that has ever quintupled in price. In fact, I've only had two other stocks even double while I owned them (TALX and DNA), none have tripled or quadrupled except for HANS.
Today, they also announced a partnership with Anheuser Busch (BUD). They will be distributing Monster (and other Hansen's drinks), adding some exposure to their product.
It will surely take a bit of a dip tomorrow as folks decide to take some money off the table, but it should continue upward and some are talking share price of $210!! And there are whispers of a 2-1 and possibly a 4-1 split in the near future.
It's making my palms sweat.