Late last year, I posted an article that discussed ALJJ's new Faneuil acquisition. I thought the acquisition was a game changer and that, with shares trading just over $1.00, the market was underestimating the potential of the deal. Under a year later, ALJJ (OTCPK:ALJJ) has proven to be a homerun, with shares up almost 150% to today's prices of over $2.50 a share.
But despite that massive increase in share price, shares today remain quite depressed, and the path to a higher share price seems much clearer now than it did at deal time.
The reasoning here is simple: since the acquisition, Faneuil has seen significant growth that has increased its value, but because of some temporary...
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