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Tuesday, January 17, 2017 9:40:09 PM
CELH is on a run. Recent share offering raised at least $4.8M at $3 per share. The illiquid stock was trading around $2.50 at the time. One of the primary buyers is an insider named Li Ka-Shing, the "Warren Buffett of China". The market has perceived the signal that if him and his coterie are willing to buy at $3, the share price is worth at least that. The 2-year high is $3.58 and technically, that looks like the resistance point; if it blows through - blue sky. I'm a seller at $3.57.
LWAY is starting to climb back up. CEO made negative statements about Trump and his supporters. Publicly stated that if you don't agree with her views, feel free to sell your shares. And sell they did. There may be nominal upside with this one.
NBEV is in a waiting pattern; just like the run from $0.50 to $2.00, where we sat at $1.60 for an extended period. Don't think our consolidation period will be as long this time.
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