Jun. 6 at 2:31 AM
$ICBU
This is from 10/2024. It is worth a repost. This is a post that keeps me in this stock. I love to see Amazon involved with this company. Will be really happy to see the sales figures in comparison to the last financials. Anyway, here is the repost:
I have had a lot of windshield time today. This allows me to think a lot. Anyone who knows me begins to cringe a bit at that thought. Never the less, this is my thought. What company is most like Riize? Hims & Hers comes to mind. Their stock is selling at 21 a share (+/-). That gives them a market cap of 4.84B. Outstanding shares is 216.4M. IF Riize had the same market cap we would be just over a dollar. Soooooooo, if we captured 10% of the market Hims & Hers has we would be at .10 … 25% would put us at .25 a share. We are at 1/2 a penny right now. Let that sink in. Huge potential.
OK market gurus … eat my lunch and tell me where I am wrong. I am always open to correction of problematic thought.