Hansen Misses Earnings

November 5, 2009

After the bell, Hansen Natural (HANS), the Monster Energy drink company, reported earnings of 60 cents a share. That was a nice increase over the 54 cents a share Hansen made for last year's third quarter, but it was three cents short of Wall Street's estimates.

This is a big disappointment. I still have the shares rated as a Buy but I may downgrade the stock in the upcoming weeks. I mention Hansen because it was one of our most successful trades ever in history of Emerging Growth. Between 2007 and 2007, we made over 1,100% in Hansen. An investment of $50,000 would have grown into over $612,000.

Fortunately, we got out at a good time. After we sold Hansen, the stock dropped over 50%.

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