(Total Views: 314)
Posted On: 03/26/2019 9:51:55 PM
Post# of 85477
Folks, If I were to tell you of a stock that has ~2.6M o/s, with a Market Cap of HALF of 2018 Annual Sales, and Revenue of $24M+ and growing - would you be interested ?
Well, INNVD (LOW FLOATER) is exactly that. Even with a little dilution, you will have maybe 4M o/s on the books and at just 1.5x Sales, Market Cap should be approaching $36M. That would reflect a FMV of closer to $9PPS. Well, it's trading at $5.50 folks...easy 50%+ gainer here IMO. GLTY INNVD (yes, it just split - low floater)
* They also recently launched a CBD sleep aid and the Cannabis crowd hasn't jumped in yet. May want to check it out
FlutiCare is ramping up (allergy season) and will take away market share from Flonase
Well, INNVD (LOW FLOATER) is exactly that. Even with a little dilution, you will have maybe 4M o/s on the books and at just 1.5x Sales, Market Cap should be approaching $36M. That would reflect a FMV of closer to $9PPS. Well, it's trading at $5.50 folks...easy 50%+ gainer here IMO. GLTY INNVD (yes, it just split - low floater)
* They also recently launched a CBD sleep aid and the Cannabis crowd hasn't jumped in yet. May want to check it out
FlutiCare is ramping up (allergy season) and will take away market share from Flonase
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