Where is Marley Coffee going to be in 3 months? Everybody put your prediction on the line in clear English that way there is no crawfishing later.
1.03 pulled back to from at least 1.14 by year end 1.50 + new floor. and like I said before in my cup. smoothest coffee I have ever had. I think bro would start drinking Marley coffee if he had some blue mountian.
Sentiment: Strong Buy
Can you justify your number? It's already overpriced at 50 cents. Last year their revenue was $2 million. They'd have to have sales more like $40 million to justify a price of even 50 cents. How do you see this going to a dollar? Did you notice that the last 2 months the price has been pretty much stale? In the last few years, they've gotten cash infusions of about $2 million. They got $2 million this year and 4 months later they had accounts payable of $2.5 million and had to get bailed out again! 4 MONTHS! How do you see them overcoming their cash flow problems? Revenue may be up, but their customers aren't paying!
Book Value (per-share) Before $2.5M deal = BVB Book Value (per-share) After $2.5M deal = BVA
BVB BVB Any argument to that is futile.
Now that that's out of the way. Make your 3 month prediction, unless you are scared, and any other answer, or no answer, is an admission that you don't have a clue what will happen next for Marley Coffee.