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Re: sugar4048 post# 1296

Tuesday, 02/11/2014 10:54:49 PM

Tuesday, February 11, 2014 10:54:49 PM

Post# of 9532
I use Interactive Brokers to short over-valued penny stocks.
I agree that FSPM is a "real business" with potential, but the price per share and market cap are seriously overvalued, even assuming a surge in revenues.
One of my main issues with FSPM is that their business is very easily replicated, so profitability is capped. As a grower of outdoor and indoor vegetables, I see very limited application of the pods in any area other than growing of controlled substances. Even then, it is a very expensive approach compared to current successful growing methods.
Disclosure - short.