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Alias Born 05/21/2015

Re: None

Thursday, 05/21/2015 1:28:34 PM

Thursday, May 21, 2015 1:28:34 PM

Post# of 62931
What surprises me is the ease at which people begin to panic. Given the circumstances, there is no reason to believe this stock will simply crumble. Prices around this level have been reached before and have recovered. Given the p/s ratio of around 1 or less at this price and the extremely low RSI, it appears due for a little pop soon. Analysts wont return faith to this company, however, until it shows higher revenues and signs of growth.

I have watched this stock for years, and I sell when it seems inflated, but right now seems like a great time to buy rather than sell. A number of factors, including up listing expenses, a buyout, shift in consumer habits, and large tobacco companies entering the market have led to some apparent stumbles over the past year when it comes to overall revenues and short-term profitability. But if this company gets back on its feet, and I believe it will, long term growth is what we should be concerned with. These short term stumbles offer good opportunities for a low cost buy-in. You are not buying simply a chain in Florida, that is new, this company has been profitable in the past without that. The chain is simply another new outlet for sales.
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