new jersey deli worth 100 million
The largest shareholder is also the CEOCFOTreasurer and a Director who also happens to be the wrestling coach of the high school next door to the deli. Hometowns eye-popping market cap cant be explained by its sales.
Epingle Sur Run
Theres a little deli in Paulsboro New Jersey called Hometown Deli.
. Deli supposedly worth 100 million. The 100 million deli is the only listed asset of a corporation worth 100m on paper. By Jonathan Maze on Apr.
Exhibit A according to one prominent investor. Anyway as Einhorn says the stock got as high as 1450 on Feb. It is mostly unremarkable except that it is publicly traded on the stock market where it.
Hometown Internationals stock has soared over the past year giving it a market capitalization of a 100 million or more despite sales at its Paulsboro New Jersey deli of only about 35000. A self-parody of a SPAC. Back in April a tiny New Jersey -based deli made headlines after it was valued at 100 million on the stock market and now we know why.
I ate lunch at NJ. The pastrami must be amazing hedge fund manager David Einhorn said in a letter to clients published Thursday. The 100 Million Deli In a small town in New Jersey there is a deli.
The deli as of today is valued at more than 100 million. Heres my 2 cents. This is not a fully satisfying explanation or anything.
Theres a single New Jersey deli doing 35000 in sales valued at 100 million in the stock market. So hows the food. Its CEO is high school wrestling coach Paul Morina.
Hometown International has a market valuation of 100 million despite owning one deli in New Jersey. Last year the Your Hometown Deli only made 13976 in. Just a little sandwich shop.
A New Jersey sandwich shop with a single store paltry sales and a market value of just over. Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the. Your Hometown Deli in Paulsboro New Jersey aka.
This is the deli in New Jersey that is currently trading at a 100 million. 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. Not 100 million worth of valuable.
The story of the 100M New Jersey deli 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. The mysterious 100 million New Jersey deli is actually an investment vehicle backed by a firm in Hong Kong. Hometown Deli in Paulsboro caused shock waves on Wall Street when it was revealed its parent company Hometown.
But according to the stock market this one deli is. 8 for a market cap of 113 million. Earths electricity needs could be met 11 times over if we filled our oceans with wind turbines.
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