Truth be told, I’m as thin as a bean pole and I love $SHAK and it has nothing to do with today’s news that they’ve been added to the SPY small cap 600.
This is the real deal and 2017 might represent a break out year for SHAK.
The company is growing quickly and the stock has done nothing in two years, following a post IPO collapse. Said collapse was due to corrupt and criminal venture capitalists and investment bankers pricing the company at an absurd valuation and then dumping it on the plebeian retail investor. We’ve seen this play out for nearly the past 7 years and it’s only gonna get worse — unless those greedy VC devils blow up and bankrupt themselves. But that’s a conversation for another time.
What’s not to like about these charts?
Look at WTW today +27 %. Fat fucks run wild.
SHAK has a complicated corporate structure. It looks like a third of their pretax earnings go to some minority interest. Also a potential for large dilution of common shares according to Note 8 of their 10q