1847 Goedecker volatility record quarter + share holder dilution

2021年5月31日

Recent quarter saw the first income for this company since IPO after a record 84% increase in revenue. In an aggressive move the company raises 250m through issuance of new shares to fund the acquisition of appliancesconnection.com and business operations. The out performance of the quarter combined with the share holder dilution creates enough volatility to be an opportunity worth playing. Fibonacci trading potential agrees with the growth story. Opportunities to buy a company with 13M of income in Q12021 and only 11m market cap only come because everyone else is too terrified to buy.

seekingalpha.com/pr/18316759-1847-goedeker-and-appliances-connection-announce-record-first-quarter-2021-results-combined
businesswire.com/news/home/20210527005936/en/1847-Goedeker-Announces-Pricing-of-205-Million-Public-Offering