My stock research is NOT being sent out as a buy or sell advisement but just for your review and consideration. I do own stock in this one obviously.
Ticker Fundamental Data: dbc.com
Location: Havana Republic, Inc., Weston, Fl. 33326
Contact: Jerry Prozena, Broker Relations, (800) 444-4980
Description of Business: This company is a tobacco grower with two plantations in Jalapa Valley of Nicaragua. Using the same Cuban seed to grow their tobacco establishes them in at a rating of #2 to the infamous top quality Cuban Cigars.
Float: 1,900,000
Recent News: biz.yahoo.com
Impending News: As we speak Havana Republic is drying the leaves and in final negations with a major world wide distributor. Plus they are still in negotiations to acquire Cigar Corporation
Developments: Opening the two Cigar smoking clubs/emporiums in (Weston) Fort Lauderdale was to generate positive cash flow, which is proving to be great successful thus far.
Analyst Opinions: According to an article the estimated revenues for Store #1 is $2,000,000; Store #2 is $500,000; Cigar Factory $5,000,000; Cigar Distribution $6,000,000. Estimated Cigar sales 2,000,000 1997 increasing to 6,000,000 in 1998 costing approximately $7.00 each retail.
Published Articles: In December of this year an article is due to appear in the Money World Magazine highlighting this company.
Chart: dbc.com
BARD Note: Everything about this company looks impressive. I have been following this company since Sept 3rd which I posted here. In my opinion then as now it appears this company has been shorted which I based strictly on the trading reports I follow. Presently the stock has stabilized and now ready for a upward movement back to its $4.00 - $5.00 mark. According to the trading reports in appears the short is covering nicely without interruption and the price has slowly risen from .98 to 1.10. Again everything around this stock appears to be money generating.
Please READ everything and I think you will see why I am sending this one out.
Remember: Trade what is comfortable for you, not on what others say or do.
This is my opinion and NEVER trade based on some one else's opinion.
Thanks,
GaBard
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