The Olive Company That's Up 1000%

18 ביולי

I recently wrote about Oliveda International OLVI, which is an OTC stock that caught my attention because it's up more 100% since the start of the year. It also has a market cap of $3+ billion. You don't often see OTC stocks with a market cap like this. They usually move to the NYSE or Nasdaq. Thus, I find this hard to ignore. After doing some research into it, I found out what's going on:

But first, if you know how to look at markets, where to scan and search, there are simply fascinating stories happening in corners that most other people miss. Having been in markets at a deep level for 10+ years now, I often spot rather fascinating moves, and now that I’m blogging again, I’m going to be sharing updates like this more often.

So what's going on with this stock?

The founder claims he has solved the secret to beauty by making beauty products without water and essentially only mashed up olives. The surprising thing is, his sales are actually booming. He just had his best quarter ever in which he said the following:

“The future of beauty is waterless, and the waterless beauty movement will change the beauty industry over the next two to five years. Why are we growing so exponentially? There are three main reasons:

1. First, our waterless beauty consultants run our business with such passion, dedication, and deep love that they are sensationally successful in showing people the difference between conventional and waterless beauty. I believe that beauty is not made for online shops and should not gather dust on shelves. Beauty should be recommended from human to human, to friends and family. Waterless beauty and direct-to-consumer are the perfect match.

2. Second, people understand the difference and no longer want to buy the up to 70% water in clean and/or organic beauty or in doctor brands.

3. Third, it works, and people love our 365-day guarantee, which we have been successfully offering in Europe and the U.S. for over a decade because we deeply believe in nature and what we are doing.”

What a story.

Markets are always quite fascinating!