Replies to post #102 on Long Island Iced Tea Corp (fka LTEA)

[NewJerichoMan]

It's been an easy short so far. I estimate a proper value of this company at $6M or so, or a $1 per share. Given the smallish float and strong hands, don't expect nearly that big of a drop. Not sure if a drop below $4 is even realistic. Earnings will be unpredictable and will have to be monitored closely.