Post by
Midasvalue on Jun 03, 2020 10:42am
Long overdue...
Jupiter is the leading vape company in the world, and these guys have a very solid position in Massachussetts. Add to that the reach through Baker and distribution of Blackbird (let alone Standard farms).
At a run rate of $200-250 million on an annualized basis TILT is not only one of the largest players in the space, but unlike 95% of companies this side, they actually generate cash. And those other cash negative companies have a market cap anywhere from 5-10 times higher. There may have been some hiccups in the distant past with incompetent mamagement and lack of focus, but finally the day has come.
This stock should continue to rise and my target is $3.00.
Comment by
Truth101 on Jun 03, 2020 10:48am
Jupiter is not the leading vape company in the world. Jupiter is a CCELL distributor. They don't own CCELL.
Comment by
Midasvalue on Jun 03, 2020 11:23am
I should have been more specific. Jupiter is not simply a distributor of CCELL, however they do incorprate the CCELL technology into their own proprietary Vape and Vape charger designs. They are the largest player in this space, ie Vape design and distribution company which incorporates CCELL>