$6.71 INTRINSIC VALUE AS OF 12/9/16 $AERO is The ONLY Marijuana Stock I would Hold Long Term!
Q4 is normally their best quarter as holiday sales pick up, Scotts Miracle Grow $SMG is a $5.76 Billion Dollar Company and Now owns 80% of $AERO.
I believe Scotts Miracle Grow will Acquire the remainder of 20% not owned by them in 2017.
SMG's stock has been on the rise breaking from $80 to almost $100 per share, as they are acquiring Cannabis based companies.
Some insiders recently exercised there options and had sold some shares which previously had little value. This is the only reason the stock is not over $6. I believe it's a buying opportunity as the insider sales have zero impact on the overall business and have provided buyers with a discount.
Scotts will turn Aerogrow into a huge company and the value on the shares they hold will likely exponentially increase.
The Float will remain extremely low as Scotts will not sell any of the shares they own.
The company now has zero debt and unlimited resources with the full backing of Scotts.
The Assets have gone up for the past 3 years while liability have been paid off in full.
Revenues have also climbed year over year for 3 years and the company is now rolling out new product lines.
I believe AERO will be a $20+ stock in 2017, as we get more clarification on Marijuana Legislation!
We also don't have Marijuana Legislation risk, as we are supplying the industry with the products needed to grow Cannabis.
Don't forget buyers as of Record December 20th 2016 will receive a $1.21 CASH Dividend on a stock that was trading north of $5.50 per share before they even announced the acquisition and dividend news on November 30th.
Min Value would be approximately $5.50 + $1.21 per share or $6.71 at this very moment.
You can bet on huge growth for 2017, with Scotts breaking out Aerogrow through there distribution network, that includes Every Home Depot, and Lowes in the United States.
