Fair value - $36.... 83% undervalued
cosmetic sales rose 302% YOY
household product sales increased 133% YOY
25.7m cash
25000 stores
2 million VIP members
strong business momentum
strategy execution
unique retail distribution system
gaining customers from many different communities
Contextual immersion trading strategy idea.
Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from...