Gaucho Group Holdings Inc (NASDAQ:VINO) Another example of a small cap victim of the current market environment. The company reported a big profit and revenue last week and predicted a strong 2022.
- Revenues for the third quarter were $2.6 million compared to $60,228 in the prior year period, a 4,242% increase.
- Gross profit for the third quarter was $2.4 million, compared to $21,000 in the prior year period, a 11,505% increase.
Quite a turn around and I think the stock could have plenty of more room to move higher. The stock is clearly under accumulation and I could see it breaking out higher (pivot 3.39). There are not many shares left to go around. Follow The Money.
- Revenues for the third quarter were $2.6 million compared to $60,228 in the prior year period, a 4,242% increase.
- Gross profit for the third quarter was $2.4 million, compared to $21,000 in the prior year period, a 11,505% increase.
Quite a turn around and I think the stock could have plenty of more room to move higher. The stock is clearly under accumulation and I could see it breaking out higher (pivot 3.39). There are not many shares left to go around. Follow The Money.