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ignatiusrielly35

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ignatiusrielly35

Re: Heywood4164 post# 490

Monday, 09/16/2019 4:56:21 PM

Monday, September 16, 2019 4:56:21 PM

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I’d love to know how the company being acquired has a net profit of $24m on $70m in sales. Impressive. When all of these deals go through, Cresco is looking at roughly $850m in revenue projected for next year. Obviously the stock is grossly undervalued, at roughly 1.3x next year’s sales. I’m glad to wait for that valuation to adjust upwards by several multiples.
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Total Trades:
  • 1D
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