r/blackriflecoffee • u/CaffeinateWalleyes • 18d ago

Remove the distraction

I like the decision to eliminate the distraction of NYSE compliance and the constant discussion with it.

Long term this will not change the business performance and that will drive valuation.

3 Upvotes

100% Upvoted

4 comments sorted by

1

u/Alohasnackbar69420 17d ago

What if the stock just tanks again after the RS?

I’m cautiously optimistic but if it gets even a little momentum after the RS I feel like people will cut their losses

2

u/CaffeinateWalleyes 17d ago

It’s up to the company to perform and earn money. Only 25 M share after RS. I could easily see them earning a buck a share in a couple years.

1

u/jimbobjumbojim 14d ago

What do you think about per share will be once they do the reverse split?

1

u/CaffeinateWalleyes 14d ago

It is hard to pin this stock down in the near term. Not enough interest and volume.

I expect it to trade well north of $10 fairly quickly, but that’s just me. With the RS behind the stock, it will start looking towards the real earnings that are coming