UTZ Never Moves! I think you are right. GRWG back to $50. Removing From Granny's Shorts! OMG I'm on Fire-- VAN ANOTHER THREAD-- GRANNY'S SHORTS! GrowGeneration reports Q4 preliminary revenue growth of 142% Y/Y and raises 2021 outlook Jan. 11, 2021 10:52 AM ETGrowGeneration Corp. (GRWG) GrowGeneration (GRWG +7.9%) reported Q4 revenue of $61.5M vs. consensus of $59.9M, and an increase of 142% versus $25.4M for 2019.
Well whatever on that headline. I've said this 10 times. What will their organic growth be?!! They can sell shares all day long and buy up mom and pops... so sure revenue is going to go up yoy. I wanna see revenue growth in same store sales of stores that have been open for a few years. And I suspect even that can be pencil-whipped (legally) somehow.
So people are willing to pay 15X sales for a retail operation? Lets put that in perspective. Home Depot trades at about 2.2 X sales. Walmart: .76X sales Dollar General: 1.6X sales. Even our beloved Corsair... and they don't even own bricks and mortar I don't think... 2.6X sales. I can promise you, Grow-Gen is only going up on the backs of shorts. But hey... up is up and if one can make money... ride the wave. And lets say weed get legalized nationally... you don't think people will be buying grow-lights and whatever else via Amazon? It'll be a race to the bottom on margins.
Alert Alert**** She costs so much I have not bought... But there she goes! CrowdStrike Holdings, Inc. (CRWD) $233.68+9.95 (+4.45%) As of 1:18PM EST. Market open.
Extremely low volume <---------.. Myomo, Inc. (MYO) $9.39+0.59 (+6.70%) As of 1:21PM EST. Market open.
In a research note, Roberts notes that Corning (ticker: GLW) is the global leader in applications of glass as a specialty material—which is to say, the company doesn’t make window glass, containers, or fiberglass. “The unique optical, thermal, and chemically-inert properties of glass make it the only solution for applications like optical signal transmission, etching electronics on transparencies, protecting mobile devices from drops, providing a catalytic surface for car exhaust emission control, and pharma packaging and cell-culture production equipment,” he writes. “The company is continually reinventing itself as new applications replace older ones.” More than 20% of Corning’s sales are from products growing much faster than their end markets, he notes—that includes Gorilla and related mobile-cover glass, materials for autos, and pharmaceutical uses. He says there is “no end in sight” for growth in optical fiber, which is used in 5G and data centers, and laptop and television display glass. Glass is “an unusually high-margin materials business,” the analyst says, noting that “inexpensive sandlike minerals are the largest raw materials, along with the energy to melt them into liquids during processing.” Corning’s gross margins are around 40%, among the highest of the companies Roberts covers.