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NJ deli doing $35k in sales valued at $100M
Posted on 4/16/21 at 7:13 pm
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
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 on 4/16/21 at 7:21 pm to Auburn1968
I might be shorting that one
Posted on 4/16/21 at 9:09 pm to Auburn1968
This new wave of retail money is quite the phenomenon.
Posted on 4/16/21 at 10:02 pm to Auburn1968
Tweet
Believe it or not. The 100M deli is connected to a lawyer who created many shell companies. (and was charged).
Including $BLNK
Believe it or not. The 100M deli is connected to a lawyer who created many shell companies. (and was charged).
Including $BLNK
Posted on 4/17/21 at 12:58 am to Rust Cohle
AT’s next can’t miss stock
Posted on 4/17/21 at 5:23 am to Auburn1968
Meanwhile, growth darlings of 2020 are on pace to be penny stocks in the not so distant future.
Posted on 4/17/21 at 10:08 am to Auburn1968
Posted on 4/17/21 at 10:11 am to jangalang
HMBL is trading at over $17B on a fully diluted basis. This deli is a straight bargain in comparison.
Posted on 4/17/21 at 11:06 am to slackster
Is HMBL an easy to borrow to short stock?
Posted on 4/18/21 at 8:36 am to Auburn1968
If getting close to retirement, you have to be really careful with this market right now.
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