new jersey deli worth 100 million
In New Jersey a small-town deli with an inexplicable market cap of 100 millionand viral fame as an example of stock market excess and insufficient regulatory oversighthas filed with the SEC to merge with hemp-based plastic company Makamer. 8 for a market cap of 113 million.
100 Million New Jersey Deli Sales Increased In Early 2021
Hometown owner of a single deli in Paulsboro New Jersey recently attained a market value in excess of 100 million despite booking just over 35000 in combined sales over the past two years.
. Hometown International has a market valuation of 100 million despite owning one deli in New Jersey. Sales jumped nearly a whopping 50 in the first quarter of 2021 at that mystery 100 million New Jersey deli company but that amounted to only a measly 5305 worth of food. New Jersey deli worth 100 million to merge with bioplastics maker By Rebecca Coons - April 5 2022 0 6 In New Jersey a small-town deli with an inexplicable market cap of 100 millionand viral fame as an example of stock market excess and insufficient regulatory oversighthas filed with the SEC to merge with hemp-based plastic company Makamer.
The delis owner Hometown International first came to public attention in April 2021 when hedgie David. Your Hometown Deli in Paulsboro New Jersey aka. Shares of a New Jersey-based deli owner that was recently valued at more than 100 million despite the fact it only operates a single store.
Hometown International a mysterious 100 million company that owns just one tiny New Jersey deli is linked in multiple ways to another odd company E-Waste. Hometown International has a market capitalization of 100 million despite owning just a New Jersey deli. Now to an economic mystery.
The delis parent company Hometown International whose operations consist entirely of the. A New Jersey sandwich shop with a single store paltry sales and a market value of just over 100 million. The 100 million deli is the only listed asset of a corporation worth 100m on paper.
Last Thursday the deli was a 100 million public company because you do that calculation by multiplying the number of shares outstanding by the most recent trading price of the stock even if the. It is mostly unremarkable except that it is publicly traded on the stock market where it. Anyway as Einhorn says the stock got as high as 1450 on Feb.
Company that owns a single NJ deli soars to 100M value on stock market By Noah Manskar April 16 2021 1248pm Updated Paul Morina inset an NJ principal and wrestling coach is listed in. Jun 03 2021 Video via Inside Edition Subscribe On Youtube Back in April a tiny New Jersey -based deli made headlines after it was valued at 100 million on the stock market and now we know why. Your Hometown Deli a modest little shop in New Jersey that sells sandwiches coffee and soft drinks reportedly made 18000 in sales last year.
Then again Your Hometown Deli is not your ordinary deli nor does it seem to be much of a deli at all. So hows the food. 100 Million New Jersey Deli Is Representative of Nothing.
E-Wastes stock like that of deli. But the deli is valued at a staggering 113. This is not a fully satisfying explanation or anything.
Against all logic a small New Jersey deli is worth just over 100 million on the stock market. Theres a little deli in Paulsboro New Jersey called Hometown Deli. Exhibit A according to one prominent investor.
Theres a single New Jersey deli doing 35000 in sales valued at 100 million in the stock market. Its CEO is high school wrestling coach Paul Morina. Hometown Delis version 775 half 1525 whole managed to overcome a soggy roll youd think a 100 million deli could afford sturdier rolls with good-quality meat.
Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the. Vanderbilt Duke and Rutgers have ties to the company. Your Hometown Deli which is owned by Hometown International reported sales of about 36000 in.
Bloomberg Opinion -- By now you surely have heard about the small deli in New Jersey that happens to be a publicly traded company with a market value of about 100 million. In a small town in New Jersey there is a deli just a little sandwich shop. Not 100 million worth of valuable.
And according to the stock market this one deli is worth roughly 100 million and it is.
David Einhorn New York Post
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