A gorgeous story that most accurately characterizes today's stock market. Who is willing to buy a small grocery store in rural New Jersey for a hundred million dollars?
Over the past year, we have seen record values for opening brokerage accounts. The crowds of retail investors are not just behaving irrationally, they have literally lost all connection with reality and turned the market into a casino. I thought that looking at the SPAC euphoria, manipulations on Reddit, the hype around electric cars and other anomalous phenomena, it’s hard to surprise me, but I must admit that I was mistaken.
, -, $13,976 IPO , Hometown International ($HWIN) $99 , , , — .
10-K, : «The Company experienced a decrease in revenues as a result of the COVID-19 pandemic».
23 8 - $3.25 $9.25. Hometown International $113 .
CNBC , «» , Hometown International , . - — 46- , .
, 19% Hometown . $12 20 . , , .
The store is designed to offer local patrons of all ages with a comfortable community gathering places. Targeted towards smaller towns and communities, the Company’s first unit was built in Paulsboro, New Jersey.
Hometown $600 000 $154 000 2019 . $2.2 . , Hometown . , VCH Limited, , VCH Limited , .
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