Hometown International stock is trading at levels that give it a valuation of more than $100 million. The company's shop, the Hometown Deli, did just $35,000 in sales - combined - over the past two years, a financial filing says.

That's via CNBC which posted up a piece on the business after David Einhorn of Greenlight Capital, writing in his quarterly letter to shareholders, referred to it as an example of a "completely" broken market:

From CNBC:

  • "The pastrami must be amazing," Einhorn cracked of the company, whose stock from late March 2020 to early September rose to more than $9 per share from $3.25 per share despite the deli - its only operating business - being closed due to the coronavirus pandemic during that time frame.

Its a fascinating read from CNBC ... although the information in it might raise some suspicions that the pastrami., and perhaps other things about the business, is not quite kosher.

Hometown International stock is trading at levels that give it a valuation of more than $100 million. The company's shop, the Hometown Deli, did just $35,000 in sales - combined - over the past two years, a financial filing says.

While its a bit peculiar is it any more so than DOGE, which has doubled in just the past few days?