Hi MBerg,
I cannot predict the future. I'm just a nobody small fry from OH. Not a market manager nor on wall street. Like that buy who just sucked up 1.5 million shares in the last 30 mins. Who knew? That being said: I have zero credentials and yes. I am not qualified to post profefessional investment advice. I am not a certified financial planner etc.
Fair question: Why?
Based on the DD presented by many more knowledgable traders:
- In life, you want to listen to opinions of people smarter than yourself
- You want to avoid the same mistakes or stop repeating them
- You must follow your instincts as a trader. Jim Cramer and Warren Buffett have preached this.
- I buy into the DD that: Belgian, CJStocksups and on charting: ChannelTrader provide daily.
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So - why .10?
- Either the Brazil shipment happens or it doesn't. To me, this means the contracts are real or fake. This means that the CEO is lying or not. Snowball to either the whole company is scam or not.
- So, I take the position company is real and contracts are real and will ship.
OK: Establish PPS value: We are at a little less than 2 cents with just a one online store, few Costcos and a few distributors. No idea what they are selling.
Once Mexico and Brazil ships - we know we get at least half the shipment as revenue. Also, they will sell some vodka. Some people will try it - due to shiny bottle and word of mouth. Its great vodka.
As I stated: I am not an expert. But I have noticed in PennyLand. A dime is easily to reach once the stock takes off. I believe the stock will be worth a few times more once international happens. So, to me a dime seems like a very fair target. THe $6000 figure was dervived from: $1000 / .0165 per share and then selling them at .10.
Your friend,
TapePainter
