Charlestowne Premium Beverages Inc. (FPWM)

[MvnAlmn]

Strange trade day. TVA?
There were not a lot of big block buys but the Bid and Ask kept ratcheting up.
There also seemed to not be many big block Sells so maybe Walter and the boyz are holding off on redemptions for a while.

Volume was around 500,000 which is way below the million plus days where the stock only climbed a few tenths each day.

The buying came from more than one MM but the pattern was like many many previous days where the stock stayed static.

The Bid seemed to move a couple of times after small 2,000 and 5,000 shr trades as if the MMs wanted to ratchet it up.
If Cornell is not selling, has the float dried up enough to cause percentage increases like todays?

Can TVA coerce/move the MMs?
Has TVA already released enough promo to generate the new buyers we may have seen today?

The initial market response to the TVA announcement was weak.
However, something has been happening the last two days.

If the last two days are a direct response to the TVA alliance, then Keep her Rolling!
Hopefully, there are some PRs of substance to back up the TVA promos in the next week or so.

The BIG question. Even if TVA can push this thing up hill without substantial PRS, when will the lenders start selling HEAVY and cap things off. I noticed one of the TVA reference companies took 4 months to go from 1 cent to 24 cents so IMO the company will wait until the teens before selling heavily.

Bill O>