Muffy,
I was searching for Saratoga Beverage (TOGA:OTC) and this one popped
up too. I thought it sounded familiar so I thought I would toss in
some additional perspective. I am not dogging on the stock, only
suggesting why I and probably many other people would be reluctant
to buy it. Like I said in the post, if business keeps going well
the stock price could easily be a buck, that's a triple, which is
nothing to sneeze at. I don't know when Barry Witz left, I did not
see any kind of announcement.
Other than the current financial numbers, the main other way I
try to judge future results of a company is it's past. Saratoga
Brands does not have a glowing past. Not much consistancy.
I think if I saw operating cash flow turn solidly positive, I would
I would be more willing to believe things have changed.
As I said before, good luck with this one.
Oh yea, take a look at Saratoga Beverage (TOGA), let me know what you
think of it. I don't own any, but am considering buying some. Tell me
what I might be missing, then I'll tell you why I like it.
I only live about an hour from Providence/Johnston/Warwick Rhode Island,
if you know an address for the existing business, or the new sausage
makers, I could take a ride by there and get a feel for the condition
of the facilities.
Yo Yo |
