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SOLCF - Jones Soda Looks Overvalued Based On Fundamentals
August, 12 2021 08:16 AM
SOL Global Investments Corp
The company sells craft soda and recently announced a $10 million financing as well as a foray into the cannabis business. The valuation of Jones Soda has soared to $78 million as of the time of writing, but the company is small and barely profitable. There could be significant retail investor interest as Jones Soda is popular on several social media websites. I think this one looks like a sell, and the short borrow fee rate stands at just over 1.5%. For further details see:
Jones Soda Looks Overvalued Based On Fundamentals
Stock Information
Company Name:
SOL Global Investments Corp
Stock Symbol:
SOLCF
Market:
OTC
Website:
solglobal.com
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