NASDAQ:JAN   JanOne Inc
Janone Inc (NASDAQ:JAN) I have been accumulating this stock. The company announced last week that it has entered into a definitive agreement to sell its legacy recycling subsidiary, ARCA Recycling, to Virland Johnson, JanOne’s Chief Financial Officer, for an aggregate purchase price of approximately $25 million. The current market cap of the company is just $23M. This stock remains, in my view, undervalued, and based upon recent actions by the company, I think the price per share should head higher. I still think this is a $15 - $20 stock down the road. The way to make money in these markets is to find the undervalued stock before the market does.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.