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Bullboard - Stock Discussion Forum Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile... see more

TSXV:JK - Post Discussion

Just Kitchen Holdings Corp > A falling knife
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Post by GoodMonkey on May 02, 2022 11:55am

A falling knife

New target price: $0.10 

JK is not going anywhere but down. 

When insiders are not confident enough to invest in JK with their own money... Why would anybody else want to put their own money in there? 

This is an overvalued stock and everyone has been selling their unprofitable overvalued stocks since the beginning of 2022, this trend will accelerate within the next few weeks. 
10 cents could represent a fair market cap and a fair value for this stock . Possibly a good entry point. 

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