In December of 2017 and in the months that followed, we strongly encouaged investors to review their portoflios and to rebalance. We reminded investors that no one ever lost money selling for a profit.
Let’s start with this link (Click Here) to a recent interview between James West and Hill St CEO Terry Donnelly. We do not need to revist the first seven and a half months of 2018
ROI other than to
say … well …. “ouch”
may not be a strong
enough word for
many. Why has
the market fallen
like this? We will
tell you it is profit
taking to keep it
simple. Others will
give you 10 reasons includng that this is a migration of money made in the markets now invested privately in anticipation of the recreational market. So in other words it is profit taking … ok.
The subject of this month’s case study is BEER! Yes it is a great stock symbol but it fits in nicely with our ongoing beverage industry coverage. What I like
about Hill Street is is their low market cap and low share count. This recently publicly listed company has been in business since 2008.
Hill Street has more awards for their non-alcohol beverage line than any other company in the industry. They are on shelves in leading national grocery stores and other chains. As a diabetic,
seeing their beverages are Weight Watchers endorsed with the “points” per drink right on the bottles/cans brings me comfort.
I tried a number of their beverages from their lager to their merlots and chardonnays and I truthfully enjoyed them very much. And this is a good time for my usual disclaimer – Hill Street did not pay for coverage nor did they request it.
In the absence of public domain
Hill Street Beverage Company
TSXV:BEER
As at August 14, 2018
Net Shares Outstanding: 52,899,954 (www.tmxmoney.com)
Share Price: $0.19
Market Cap: $16,367,579
https://www.hillstreetbevco.com/
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