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Alias Born | 07/06/2014 |
Tuesday, February 07, 2017 6:24:56 PM
The price of this stock values the company around 1.7 million dollars, which in a relative sense, relative to where it has been, and relative to what it can be in this industry, is flat out cheap. Personally I think the downside is strictly limited at this point, unless they go silent for an extended period.
But that said, they have to produce something. We know they have the jeans, we've seen them on FaceBook, but they need to get sold, in which case we need to see the money, and/or a re-investment of the money into growth opportunities. I am calling this a flat out buy at this price, and I have backed that up with my own buying. Hopefully the won't disappoint but will somehow surprise the tar out of us.
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