Innovative Food Holdings Inc (IVFH)

[Dickmo]

There has always been selling pressure on this stock due to its liberal use of stock based compensation. But it seems to have accelerated since the earnings report.

In taking the recent SA author's advice, Sam has now eliminated the conference call. The scum and vermin will no longer be permitted any communication with the king. How dare they question his decisions as if they were his business partners!! To be fair, Sam has never encouraged support from the retail community. So when selling pressure occurs, the offsetting support is minimal. Obviously, Sam is comfortable with this practice. One can also assume he is comfortable with the consequences of this policy. In fact, he may be more than comfortable, but that's a topic for another discussion.

I believe something in the 10-K sparked this reaction. Last quarter, the stock stayed up for several days following a positive Q4 report. This time, it stayed up for hundreds of minutes following what appears to be a positive Q1 report. There was some pretty good volume in the weeks before the Q1 release. Sellers had plenty of opportunity to get out in late April and early May. I think they saw something they didn't like. If that's not the answer, then we are back to the topic for another discussion.