market cap. This is more than 1/3 of current MM. I guess at this rate FUEL can buy MM with few days of trading. Something wrong with this picture? This is unreal! If this market is so hot, why MM is not getting noticed by the big boys! Well, I guess this is why longs like us are here....
Yes, we're at the point of absurdity ... there is substantial value to MM's brand-based business (40% growth) and Jtap's (30% growth) and there should be even greater additional value to their combination (synergies plus $20MM expense savings) ... all the comparables have valuation WAY above that of MM ... so either longs are #$%$ or the short machine is really firing on all cylinders .
This is what I think:
1. Shorts are sitting tight with MM right now, but they are waiting to switch... and they will from MM to FUEL.
2. We will also have our "holidays" I think i this is going to start next week Monday with MM at 7.25