A by-product of today’s surging stock market is a number of extremely overvalued short candidates with no fundamental value. The following 5 short candidates are newcomers to my Seeking Alpha short articles, have enterprise values of $1.0B to $4.3B, generate zero or nominal revenues, lose money, and have dysfunctional business models. In fact, most of these short candidates have barely any employees and/or assets; there is nothing there. Fundamentally, they should go to zero.
|
Name |
Ticker |
Price |
Ent Val |
Revs |
EV/ Revs |
Net Loss |
|
Neuromama |
$6.90 |
$4.3B |
$0 |
1000x* |
-$522k |
|
|
San Lotus |
$3.00 |
$2.5B |
$0 |
1000x* |
-$212k |
|
|
Crown Baus |
$11.50 |
$1.4B |
$0 |
1000x* |
-$28k |
|
|
Moxian China |
$5.35 |
$1.1B |
$16k |
67398x |
-$1.2M |
|
|
Blackcraft Cult |
$5.00 |
$1.0B |
$1.7M |
597x |
+$318k |
|
|
*for companies without revenues, we use a default EV/Revs of 1000x |
||||||
Neuromama claims to have an advanced neural search engine that will satisfy the needs of Latin
