Have you seen recent Coffee Holding Co., Inc. (Nasdaq: JVA) legendary move from $8 to $33? That was a pure speculation on coffee beans prices & low float of Coffee Holding’ security.
Wanna know one more “coffee” company? Sure, it’s Crystal Rock Holdings, Inc. (Amex: CRVP). With low count of free trading shares (CRVP float is about 10.5M), Crystal Rock Holdings stock gained over 140% in just two trading sessions. Yeap, that move was too fast & pull-back was expected. CRVP stock is resting now @ around $1.10/share.
“Coffee” is still a hot topic on markets. Hey, CRVP may surprise you again!
More coffee, please.
Crystal Rock Holdings, Inc.
1050 Buckingham Street
Watertown, CT 06795
Crystal Rock Holdings, Inc. engages in the production, marketing, and distribution of bottled water, and distribution of coffee, ancillary products, and other office refreshment products in New England, New York, and New Jersey. The company also rents and sells water coolers to customers to dispense bottled water; and sells and rents units to commercial accounts that filter water from the existing source on site. It provides coolers in a range of consumer preferences, such as cold, or hot and cold dispensing units. In addition, the company rents and sells coffee brewing equipment; and distributes various coffee, tea, and other hot beverage products and related supplies, as well as other consumable products used around the office. Further, it offers vending services. The company markets and distributes its water products in three and five gallon bottles to homes and offices.