<*** Beverage holding company Hansen Natural Corp. said on Friday it saw no reason for the recent decline in its stock price and is investigating the unauthorized listing of its stock on the Berlin-Bremen exchange. ***
The company said it saw "no reason" for the recent decline in its stock price????????? Is this company totally clueless about what is going on with its stock?
Here is a suggestion to Hansen: Check out your company's SEC filings. Insiders and large shareholders have dumped more than 3 million shares onto the market in the last 3 months. Pull up the "insider trades" at Nasdaq for HANS and you can see from April through June there is nothing but constant selling.
And this company can't understand why the stock hasn't performed well recently?????? Open your eyes, HANS. Get a clue.>
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