new jersey deli worth 100 million

Not 100 million worth of valuable. But according to the stock market this one deli is.

The Best Sandwich In Every State Food Wine

100 million New Jersey deli says in new SEC filing theres no basis to support that stock valuation.

. Just a little sandwich shop. Hometown Deli in Paulsboro caused shock waves on Wall Street when it was revealed its parent company Hometown International the deli is its only asset was worth 100 million-plus. 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.

A New Jersey sandwich shop with a single store paltry sales and a market value of just over. The delis revenue never spectacular has fallen each of. It is mostly unremarkable except that it is publicly traded on the stock market where it is valued at.

Your Hometown Deli which does little business out of a single location has a nine-figure market cap and has raised a lot of questions says RBs The Bottom Line. 100 million New Jersey deli company Hometown International delisted from an over-the-counter market. Published Wed Apr 21 2021 1127 PM EDT Updated Thu Apr 22.

Theres a single New Jersey deli doing 35000 in sales valued at 100 million in the stock market. Losses also jumped. This is not a fully satisfying explanation or anything.

The 100 Million Deli In a small town in New Jersey there is a deli. In a small town in New Jersey there is a deli just a little sandwich shop. By Jonathan Maze on Apr.

The 100 Million Deli. Anyway as Einhorn says the stock got as high as 1450 on Feb. Your Hometown Deli in Paulsboro New Jersey aka.

The delis owner Hometown International first came to public attention in April 2021 when. And according to the stock market this one deli is worth roughly 100 million and it. Which recently said it will sell 25 million worth of shares is.

So hows the food. 8 for a market cap of 113 million. Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the.

The 100 million deli that was highlighted in famed investor David Einhorns letter to clients earlier this month is actually seeking to strike a. 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. 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.

The deli as of today is valued at more than 100 million. Hometowns eye-popping market cap cant be explained by its sales. Exhibit A according to one prominent investor.

Theres a little deli in Paulsboro New Jersey called Hometown Deli. The story of the 100M New Jersey deli. Hometown International Inc the deli in Paulsboro New Jersey that is a 100 million public company for very perplexing reasons had another good day yesterday.

The 100 million deli is the only listed asset of a corporation worth 100m on paper. After trading 27381.

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