RE:Good Morning AllUh Oh. Does this post from Dart signal the next round of his selling?..........
dart321 wrote:
sorry for not posting sooner but the summer is a very busy time for me. I am hearing things are progressing much faster than their most optimistic expectations. As noted in the eastern approvals from their web sites. from previous conversations with the company, this was not expected to happen for another year. In my opinion the only reason this super heated expansion is a national chain wants on board. If this is the case { what other reason would they spend money and expand so quick } I think we can expect to see the cash flows explode by xmas. We all know how cash flow happens with startups. Slow at first them faster and faster as more and more stores run out of products they bought from other distributers and replace them with vancs products. The averages suggest that once a store starts to buy the first products it takes two months to be in a positions to stock the shelves with all the products. My opinion was a slow sales growth to 120 stores by xmas. With this super fast expansion I think that a re-visit to those numbers is a must. As most of you know I post when I am buying. I have been accumulating slow and steady over the past month so as not to spook the sellers. My target price for the next year has moved up substantially. Luck all have a great summer