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Re: HobbyTrader post# 2244

Friday, 04/23/2010 9:11:55 AM

Friday, April 23, 2010 9:11:55 AM

Post# of 44278
I disagree. Based on the pact with Liberty Distribution, they are primarily in one large retailer now. Unlike small companies that get on the shelves in drug stores, the positioning at the point of purchase is probably worth $3-5 million. Therefore and based on the fact that the company has one big deal, the stock is fairly valued here.

With that said, I believe they can get 2 or 3 more deals from Liberty at the very least. 4 x $5 million gives you a 20 cent stock if you're willing to be patient. However at this very moment, the stock is fairly valued. So if you're a value investor, this is it at 3 cents.

Although you'll all probably think I have a dichotomous personality, I firmly believe that the stock has a big run from here over the short term. Todays first 5 minutes of trading will be important. If the stock breaks 3 in the first 5 minutes, it will gap.