The value in GSW is that it is seen as a way to combat Amazon.
I find it hard to value GSW with this new contract and when I try I come up with this crazy high figure I wouldn't like to post.
I do however agree with the founders that this is a billion dollar company and if it works out could be quite a few billion.
Again as I wrote on the YOJ discussion a lot can go wrong this early in a company's life and usually does. I will be surprised if this new contract goes smoothly so don't be surprised to see some wild swings in price over the next 18 months.
GSW Price at posting:
$2.02 Sentiment: Buy Disclosure: Held