$LQR House (LQR.US)$ On monday we will be rewarded an extra ...
$LQR House(LQR.US$ On monday we will be rewarded an extra share for holding since February 12. I’m thinking the price will get irresistable today to test our patience…
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70696803 : I agree. Either the short are gonna pull this stock down to minimize their damage or it gonna go up hopefully allot. I would be suprise if it barcodes.
Wilee_One : I have believed the dividend was going to boost the price this week, but not much has happened to move the needle. I don’t think the small amount of shorted stock has an impact yet. That will happen on a sell off on Monday, after the shares are deposited. What the market has shown so far, is LQR is only going to trade around 2 bucks…which seems nuts when the amount of stock available (3.36mil shares), no options or warrants, 10 mil in inventory, no debt, at least 3 mil in cash, 80 mil in revenue (2024 est) and, a working fulfillment center and website. This stock should be worth a min of 7/share.
SpecklesSOP Wilee_One: Their operation cost is low with few employees… and as you mentioned they have cash, part of their plan is buy back shares. I heard it will go over 300 by end of year… but take this with a grain of salt.
They also said the dividend will “in fact” be taken from the shorts… I have a positive feeling for this one. Good luck!
Wilee_One SpecklesSOP: The one “analyst” said 303, but that is likely a pipe dream. The other analysts have put down ranges between 7-26/share. This would definitely be nice, regardless. LQR began a buy back in Dec/Jan (I saw the SEC doc), with an original plan to give a 1.00 dividend. When that equity firm jumped on board and bought 20% in Jan, they changed the plan. I like this one better. It should be more financially beneficial and it undercut the floating shorters. I expect the stock to drop by about half Monday-Tuesday, then rebound. Let’s take our dividends and hold them for the bigger payout.
Wilee_One : I already received my dividend in my Schwab account, but not this one.
Boon_Is_Real Wilee_One: In your Schwab account were the labeling it a stock split or dividend payment?
Wilee_One : I believe “split”…also incorrect.