Marani Brands Inc. (MRIB)

[Matthew Berg]

Again with the silly "ask" price sale argument. It's a moving target and subject to interpretation either way. If someone drops their ask to the current bid in order to sell it's considered selling at the ask and a positive thing? Nonsense. The majority of the volume is at the lower of the day's ask price and indicates a willingness to drop one's ask in order to sell, sell, sell! It's stagnating. Volume at price X takes precedence not just a sale at any given arbitrary ask price. The drop of the ask at higher volume is clearly a bearish indicator.

There's also no liquidity. You have 149 shareholders of record holding less than $300K in value almost all of which is probably at a total loss or at least seriously under water. That's around $2000 average holding per investor. It's nothing. Those aren't traders, they're bagholders who waited too long and who've now accepted the loss, holding and praying for a miracle from a dark or defunct MRIB. It's somewhat sad that those false hopes for MRIB recovering are also being extended through false and misleading overly optimistic information. Sort of like telling a terminally ill patient everything is going to be ok.