Tuesday, June 01, 2010 1:21:37 AM
With strong USA growth a single quarter could pass all of 2009 revs... An OPENING order from a mass chain could achieve this alone and what are the odds of them getting their shot based on how they have positioned?... THIS is the type of growth that would push speculation through the roof and speculation is what drives the markets, right?
IMO $15,000,000 is not a lot for a consumable product company on the verge of penetrating mass retailers, while building brand awareness via the most experienced and professional DRTV firm in the world. Hawthorne has taken nothing products to 9 figure brands in a single year. One of them was a cleaning product (Oxiclean)
In case you have not noticed, small companies with solid management and rapid growth potential usually always trade at much higher multiples than the mature leaders that have predictable growth.
I can show you many pennies that have an unproven business plan, worse debt and very weak margins that trade for more than this... The margins on WNBD's "top shelf" product is what really makes this stock attractive IMO. The company is structured to handle significant growth without drastically increasing overhead as well.
You have been predicting a massive selloff since .003, claiming its overvalued... but the market has not and currently does not agree with you. Maybe your missing something.
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