Volume is gone and no more shares available to short are telltale signs this will continue back quickly, to where it was before the pump. Expecting under a buck later today. jmho
Obviouslay the business models are different. Where I compare the two is in the dynamics of the two stocks. JVA was underexposed and followed by about 3 people on the message board. Both were undervalued now Crystal would seem to be the one undervalued at the moment etc etc.
What you are not figuring is the potential for Crystal who has proprietary rights to "Cool Beans" to expand that product especially through 3rd tier sellers I.E the way Farmer Brothers do. Farmer also distributes other products like tea and uses there own distribution system similar to Crystal. From what I can see that is weighted much more towards the water division.
An example of where they can expand the "Cool Beans Brand would be Amazon or brick and mortar retailers. So aside from directly selling they expand their channels. From what I know the Coffee end is still in it's infancy for the company.
Quick note my vision stretches more towards the water end for this company. There are very very few pure play water stocks. So just like coffee they can increase water exposure to 3rd tier sellers and brick and mortar.
In both cases these are both products that are increasing in price as we speak and demand for both is rising exponentially by 25 percent domestically and worldwide.
The stock is trading at 6 times earnings.And the price to sales ratio is clearly under what it should be and the growth potential is there. What I find interesting is you sold the stock and admit you want to buy at lower prices. Geez guess why you keep saying it's going back under a dollar. Why don't you just say you are hoping it goes back under a dollar.
good morning cane 5 :) as I have stated, my posts are just my personal opinion. I wish you the best.
The fact CRVP roasts and packages their own private label, simply means they buy beans from a distributor to save a additional costs, charges incurred from an outsource company that would charge them to roast, imprint and package. I don't see anywhere that CRVP private labels for other companies. I don't see anywhere that CRVP is a coffee wholesaler or creating coffee products for StarBucks etc ... like a Green Mountain. Cool Beans is their unique brand to resell to corporate offices.
My take is CRVP would need to change their business model from being a service provider, to a pure coffee bean wholesaler (like JVA) to be comparable to JVA. Green Mountain is very unique and very different from CRVP. As well, Green Mountain is a very different business model from JVA. Green Mountain, imo, has much more breadth and depth and value, as they have numerous vertical markets to derive sales. That's the reason why Green Mountain is trading in the 80-90 range.
JVA is getting whacked again today and in my opinion will fall back down to earth. No available shares to short on JVA either tells me the writing is on the wall there too.
Again, all of this is just my honest, personal opinion.
No more short shares and volume drop the past few days the telltale signs, this is going back to where it came ... the 70s. This is not the same type of business as JVA or Green Mountain. jmho
No, not at all.
Green Mountain and CRVP are very different businesses.
The best way to learn and understand each business (JVA, GMGC and CRVP) and how they market (their business model and vertical markets) is to read their web site content, mission statement and strategies.
Best of luck.
The current bagholders must just now be figuring out what they bought which is a paper cup delivery company that loses money when coffee prices go higher.
I love to short these flagrant pump and dumps.
CRVP is a good company. It is a service company, that has to buy their products and re-sell to their customers. Add in typical business overhead and fuel costs for delivery. Their expenses affect their profit margin and bottom line. They are not coffee wholesalers as some have compared to JVA. Completely different business models.
JVA's core products can be divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee
Prior to the promos and the move in pps on July 8, CRVP's daily trading volume was thin, often under 20k shares a day and highly illiquid. The historical price chart link depicts the daily volume and prices. http://finance.yahoo.com/q/hp?s=CRVP+Historical+Prices
I think this is going back under a buck by end of week and back to the .70s range thereafter, where it was prior to all the hype. Just my honest personal opinion.