Rosinbomb (OTCMKTS:ROSN) Stock Continues to Trend Higher: Up 17% This Week

Rosinbomb (OTCMKTS:ROSN) stock ended higher after the news. The stock has been moving higher over the past week with a jump of 17%.

Market Action

On Thursday, ROSN closed up marginally at $1.40. More than 1K shares have exchanged hands, below its average volume of 5.6K shares. The stock opened at $1.40 and moved in a range of $1.2500 – 1.4900.

ROSINBOMB Discusses 2nd Collaboration with Iconic Tommy Chong and Significant Revenue Growth with The Stock Day Podcast

Here are the highlights:

Jolly began the interview by asking about the Company’s background and current projects. “ROSINBOMB is a company that really evolved from the fruit and vegetable juicing market,” said Angelopoulos. “Our mission from day one has always been about safe, solventless, organic extraction, that is safe and simple to use,” he explained. “We’ve been in the market for about four years and have developed award-winning technology and elegant products,” said Angelopoulos. “We have patents filed, granted, and pending on our technology.”

“Where is your growth coming from?” asked Jolly. “We have grown significantly,” shared Angelopoulos, before elaborating on the Company’s significant revenue growth of doubling last year’s revenue in the first three quarters of this year. “We have really been focused on delivering and separating ourselves from a lot of the competitors in the market,” said Angelopoulos. “All our products have a lifetime warranty and a True Force Guarantee, we are the only company in the industry that does that.” He added, “We have also improved our supply chain.”

 “Could you bring us up-to-date on new partnerships and collaborations?” asked Jolly. “We couldn’t be more thrilled to continue to work with an iconic and influencial person like Tommy Chong,” shared Angelopoulos. “We are actually launching our second collaboration with him,” he added, before elaborating on the Company’s ROSINBOMB Rocket and the new Tommy Rocket. “His custom artwork and image will be etched right into the product, and he’s going to sign those as well. It’s an exclusive partnership, a great product and a real collectable.”

Trader Notes:

ROSN stock is trading well below its 50-day and 20-Day SMA stands at $1.6652 and $1.4887 respectively -signaling a strong short term weakness. So far this year, the stock more than doubled. Will the stock rebound?