Panache Beverage Inc. (fka WDKA)

[thesmalls]

28K shares traded today - most of that in one trade at the ASK at $0.025. we certainly have a long way to go back towards anything respectable concerning price but that is the first time in months and months where buyers came in. 32K on the offer at $0.0223.

with no direction from the company and most of the news this year being decidedly negative (other than their main lender continuing to lend) - why would someone now start accumulating? now - it was only $625 in a trade amount but even for a trader - why take that risk when you may be looking at an extended time frame to make a return/unload?

the thing it makes the most sense to be is someone (like myself) who has been a long term investor making a purchase with the intent of selling those shares after 30 days and getting a tax write off on the original 25K purchased and lowering the cost basis for the rest of the shares.

if the buying/price continues to increase - maybe we will see something of substance about the future of the brands/company. they remain active on social media promoting the brands - primarily Wodka