This could actually test .03 tomorrow, as someone said. It all depends on the news that is put out. Actually, this could explode even to silver in a few days if the news is blockbuster. Here's what I think:
Sales of Bellissima Prossecco for the last quarter in 2016 was probably around 10,000. 7,000 cases were sold in December alone.
At 6 bottles per case, that's total sales of 60,000 bottles
With the company selling each bottle for at least $16.00 to wholesalers which is $96.00/case, I estimate that the company had revenues of about $10 million in the last quarter of 2016. So 10K should be very healthy and that could easily drive the pps up to silver, IMO. What do you think guys?
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