Saturday, March 31, 2012 8:31:55 AM
This says to me that Viper should be able to ramp up sales very quickly, especially if they close the deal with the national retailer. LSCG had about $27 million in sales last quarter and a market cap of over $200 million and losses of $49 million. Something doesn't smell right!
On the other hand, if Viper can, as it seems it already has, enter this market profitable, I can certainly see a news release predicting $100 + million in sales and profits.
No time to sell Viper, accumulate as much and as soon as you can.
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