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Re: Cube post# 1622

Wednesday, 03/18/2009 12:15:02 PM

Wednesday, March 18, 2009 12:15:02 PM

Post# of 1666
I think anything under $5 Million Market Cap with BCHC is a great deal. Each store is capable of doing $2 Million in revenue and they are planning to open 5-6 stores between now and June. So, you have at least 5 releases about new stores. I know they are working on something that will bring them to the USA. I assume it would be a JV (then they'd have more than a foot in the door). I don't have details, but I think it could/should happen relatively soon. I get 'we are working on it, and things are progressing, our goal is to have a US presence in summer

I wouldn't pay more than $.15-.20 for BCHC. And, looking at the chart you can scalp it at $.40. But I think if it is allowed to run past $.40 it could go to $1.00. They definitely have assets and revenue potential to back that up.

My DD consists of flipping a coin. Don't follow my advice. But, feel free to add me as a favorite!

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