Replies to post #1736 on Growgeneration Corp (GRWG)

[food4thought]

I’m guessing he means cheap stock from a valuation standpoint, i.e. price to earnings multiple.

[remember my name]

Thanks for reminding about the dilution coming, I actually forgot .
Dilution and raised cash is very close to a 1 on 1 off.
Does not change the value by much to worry about
But stocks usually sell off anyway . That's when I'm ready the buy more.

Ok next year grwg revenue will be 300 million. This year 200 million.
Market 1.7 billion . 8.5 x sales at this moment at 35$
But the second we cross 2021 the forecast is 300 million and
Market cap of 1.7 if grwg stays at 35$ . 1.7 billion divide by 300 million
Is 5.8 x sales . Grwg is now cheaper then this year . Add in the 3 acquisitions
Of 65 million which will bring in abt $100 million = 400 million . Now grwg is
At 4 x sales . Grwg is back to being cheap and will double to
70 next November but we have to add 18 more location and
Grwg could do 500 million easily . Brings me to 80$ to 90$
By nexts nov 2021.

I think we can be added to the Nasdaq 100 sometime next year