NP, should shake loose of the swing traders etc we have had on the stock the last month and then will start to rise, should be a nice steady rise. It was a no brainer from the start, just had to have funds load again as the "true" float had increased with so many tutes bailing in Jan/Feb lots of loose shares causes a mess, to many to be played with.
The no guidance messed with it too, and the SA blogs posting incessantly every 2 weeks or so did too. Now company came out and said its worth $18+ a share and its not getting sold for less than that, been saying all along big money looks at deals like this and their mouths water. I mean 17.5 mil in cash business growing, cash growing with $20 mil in old stock being sold off, costs sut by 13-15 mil a quarter and its trading for half cash? Which uis probably 1/4 cash or more really, judging by company saying $18 a share.
Algos, VWAP Ikimochuku soups etc meaning nothing in the big scheme of things a nationwide chain with almost no debt and turned around being sold for 1/6 its value gets wealthy people thinking. They could care less what a blogger or group trader thinks, they are but a irritating fly to the wealthy to be swatted down.
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