Savvy Trades and Investments

[worthylion]

CCEL--There was a notable item in the recent quarterly report which disclosed the Company has recently bought back approximately 175,000 shares after not buying back shares for years. This buying dovetails with their announcement for seeking a buyer for their legacy business and after spinning the Duke assets out to SHs in a separate company. The two CEOs are the largest SHs to me this is a bullish sign that they're confident they have a buyer lined up at a good premium to the current share price as the Company has been on the buy side of most of the volume since they announced exploring strategic alternatives. I think this is a good event driven play.