I count 32,000 US locations on this list where spongetech is carried, plus the smaller retailers we don't know about. That would be less than 3 sponges per day on average, per month, to equal 25M a month. Given the walmart by me sold out of spongebobs the first day they got them, I think we are good.
Now we know spongetech does worldwide sales too, south america, Europe, and asia….Ah we get the the picture.
LOL!!!!! THANKS DREW!!!!!!
Thanks Mango, or whoever was the one that put this together, i forget.
Walgreens……………7000 CVS…………………...6900 ACE hardware…….....4600 Walmart....................4227 Phillips Pet Supply…..3500 Kroger ………………..2475 Pet Smart…………….1145 Publix…………………1008 Atlantic & Pacific Tea Company....447 Shopright………….......185 Jewel-Osco……..........185 Sears Canada……......185 Bjs ………………….....180 Hannafard...................170 Xtra mart……………...144 Price Chopper............114 Petro Gas Centers...…85 Dominicks……….....….73 Walbauems..................63 Costco…………….....….2 Europe……...….....19367 Dicon………..….....10000
SIX DOLLARS = FAIR VALUE!!!, Math....
Quote: -------------------------------------------------------------------------------- Excellent pervious post BTW Mingy, the Naked Shorts very much are the reason we are under attack on every front. --------------------------------------------------------------------------------
25 Million in sales a month x 12 months x .20 profit margin x 20 PE
= 1.2 billion fair value market cap.
Divided by 206 million outstanding shares (see link below)
= Fair Value $6. Risk 3 cents, reward $6 dollars if what the longs all along have been saying, massive naked shorting in spongetch.
No wonder some smart money is looking for $18 on a short squeeze.
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