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Re: Altitrade Partners post# 6560

Friday, 11/03/2017 2:43:39 PM

Friday, November 03, 2017 2:43:39 PM

Post# of 8799
To say the least. CELH has increased sales and increased losses every year for the last 3.
https://www.otcmarkets.com/stock/CELH/financials

Meanwhile, Tazo was bought by Starbucks for $8.1 million in 1999 and sold for $384 million 17 years later. That's a 25% YoY growth rate, somewhat above CELH's revenue growth over the last 4 years (and equal to about $32 million in CELH revenue for 2017).

So as I've been saying for years, CELH is WAY overvalued based on any fundamental measure.

When you think "there can't be that many people falling for this", remember the Bernie Madoff story and recall that over $50 BILLION of smart money fell for a great story.

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