| Followers | 57 |
| Posts | 11180 |
| Boards Moderated | 2 |
| Alias Born | 04/25/2012 |
Friday, August 26, 2016 11:55:34 AM
At $1.50 per share and 21.9 shares, we've got a market cap of just under $33M.
For reference, LTEA, has a market cap of $35M with just over $2M in revenues in the TTM. I shorted it. Did okay.
Reed's has slowly crept up over $3 per share, from $2.40. I was long from $2.50 but sold too quick. Shareholders wrote an open letter detailing all the issues with the shareholder UNfriendly management.
No matter which metric one applies, we're under-valued.
The only explanation for our low valuation is the market don't believe our numbers. Hopefully, this will correct over time. I'm still of the opinion that we're worth $100M today, or about $4.50 per share.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
