hometown international deli stock
A New Jersey deli owners stock has tripled in the past year valuing it at 105 million. Hometown International the New Jersey deli company that is valued at nearly 100 million on the stock market has ousted CEO Paul Morina according to a financial filing.
What A New Jersey Deli Tells Us About The State Of The Stock Market Planet Money Npr
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. Its stock is thinly traded and volatile. By June of last year the stock had hit 950. 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.
The companys shop Your Hometown Deli did just 35000 in sales combined over the. Hometown Internationals total sales were 36000 over the past two years. The former lawyer Gregg Jaclin was copied on communications filed by deli owner Hometown International with the Securities and Exchange Commission in.
They really just exist as a shell intended to merge with a company seeking a US exchange listing. Hometown International stock is trading at levels that give it a valuation of more than 100 million. OTCHWIN a company with a market cap above 100 million but a two-year sales of just 35000.
The companys CEO is high school wrestling coach Paul Morina. After trading 27381 shares. Deli owner Hometown International had its stock delisted by an over-the-counter markets firm.
Your Hometown Deli stock has sunk. Hometown International HWIN Stock Results and Deli Explained. We knew we had a unique opportunity.
A company that owns a single deli in south New Jersey became worth more than 100 million on the stock market in recent months marking the latest oddity of the meme stock era. The last official price is 1375 giving it an undiluted market value of 107mm but for the month of October the average daily volume was a whopping 24 shares per day. Hes a legend in New Jersey high school wrestling and a mystery in the stock market.
He highlighted a security called Hometown International Inc. Hometowns shares opened at 125 in 2019. The shop Your Hometown Deli did just 35000 in sales combined over the past two years according to Hometown Internationals annual report filed March 26 with the Securities and Exchange Commission.
I sort of assumed that Hometown International Inc the 100 million or maybe 2 billion deli would remain a mystery forever but Mark Vandevelde of the Financial Times seems to have found the. Paul Morina listed in financial records as the president of Hometown International a company recently valued as much as 100 million on. Deb and I have owned and operated bagel bakeries delis and a burger restaurant all in the Edison and Woodbridge areas since the mid-1980s.
Hometown International which has a bizarre 100 million stock market capitalization despite owning just one small deli in New Jersey disavowed that valuation in a new financial filing Friday. Hometown International Inc through its subsidiary Your Hometown Deli Limited Liability Company operates a delicatessen store under the Your Hometown Deli brand name in. Summary of all time highs changes and price drops for Hometown International.
Hometown International NJ deli owner worth millions in stock. We are a family business that has been serving the terrific people of South Plainfield since January 2002. Find out why it is overvalued.
The numbers are still hilarious on HWIN. 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 New Jersey storefront.
Paul Morina the principal of Paulsboro New Jersey High School is listed in financial records as the president CEO CFO and more at a Nevada-incorporated company whose stock is trading at levels that give it a. Hometown International stock suffers from a lofty valuation inexperienced management team and questionable governance. Your Hometown Deli LLC the physical deli in Paulsboro was a subsidiary of something called Hometown International Inc a corporation that was formed in Nevada in 2014.
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