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  • Bubble? Meet The $25 Million Grilled-Cheese Truck

    02/16/2015 12:41:32 PM PST · by Lorianne · 49 replies
    Zero Hedge ^ | 09 February 2015 | Zero Hedge, Tim Price via Sovereign Man blog,
    Markets are allowed their petty indiscretions, of course. But these petty indiscretions seem to be piling up. Bloomberg last week drew attention to the fact that shares of The Grilled Cheese Truck Inc. had commenced trading on the OTCQX marketplace under the ticker GRLD: “Let’s look at the fundamentals of the Ft. Lauderdale, Florida-based company. Based on the 18 million shares outstanding and a recent stock price of $6 the company has a market value of about $108 million. No matter how much you like grilled cheese… I can’t see this as a reasonable valuation. “If you go to the...