Baristas Coffee Company, Inc. (BCCI)

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Incorrect. This stock is still overvalued. There are ten kiosks. All of them in rented properties. More than half are movable buildings well under 1,000 sq. ft. Each of these buildings with all its contents is worth less than $50K. At most all the assets are worth $500K. Meantime the market cap is around $18MM. The company is hemorrhaging. The number of outstanding shares has increased more than 60% since the name change, which came along with a reverse split and a new cap on the authorized share level. When this happened, the old stockholders were deleted by more than 80%. Many bills are being paid through shares in lieu of "services rendered". Most of the quarterly financials have been revised downward to declare a loss instead of a profit. I wonder if the tax liabilities associated with declaring a profit came into play. The timing seems propitious.

And you say this stock is not overvalued. While some investor may come along and pay this kind of money for it, in this industry the average PE and PS are far more lower than here. If anything, this stock is way overvalued relative to its peers.