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NJ deli doing $35k in sales valued at $100M

Posted on 4/16/21 at 7:13 pm
Posted by Auburn1968
NYC
Member since Mar 2019
19352 posts
Posted on 4/16/21 at 7:13 pm
Ran across this tid-bit.

There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market.

According to the company’s latest 10-K filing, the company’s single location was closed from March 23 to September 8 of last year because of the coronavirus pandemic. During that time, the company’s stock price rose to $9.25 per share from $3.25 per share. It last traded at just under $14 per share.

The company sold 2.5 million shares last year and has about 60 total shareholders, according a filing.

LINK
Posted by Displaced
Member since Dec 2011
32701 posts
Posted on 4/16/21 at 7:20 pm to
Mafia
Posted by Gulffisherman
Bogalusa
Member since Oct 2009
3531 posts
Posted on 4/16/21 at 7:21 pm to
I might be shorting that one
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 4/16/21 at 9:09 pm to
This new wave of retail money is quite the phenomenon.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1937 posts
Posted on 4/16/21 at 10:02 pm to
Tweet

Believe it or not. The 100M deli is connected to a lawyer who created many shell companies. (and was charged).

Including $BLNK
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/17/21 at 12:58 am to
AT’s next can’t miss stock
Posted by jangalang
Member since Dec 2014
36248 posts
Posted on 4/17/21 at 5:23 am to
Meanwhile, growth darlings of 2020 are on pace to be penny stocks in the not so distant future.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41157 posts
Posted on 4/17/21 at 10:08 am to
the owner is a high school principal and wrestling coach

25 state titles
Posted by slackster
Houston
Member since Mar 2009
84609 posts
Posted on 4/17/21 at 10:11 am to

HMBL is trading at over $17B on a fully diluted basis. This deli is a straight bargain in comparison.
Posted by jangalang
Member since Dec 2014
36248 posts
Posted on 4/17/21 at 11:06 am to
Is HMBL an easy to borrow to short stock?
Posted by Geaux Guy
Member since Dec 2018
5263 posts
Posted on 4/18/21 at 8:36 am to
If getting close to retirement, you have to be really careful with this market right now.
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