Folks, If I were to tell you of a stock that has ~
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Posted On: 03/26/2019 6:29:55 PM
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
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
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