Wednesday, September 11, 2013 4:40:53 PM
Well, acting like Bud Fox (the movie Wall St.) I stayed a good distance back as they made their way around the casino. Nothing out of the ordinary... so I made my way home. That's when it hit me. In their disclosure statements they mention a company called Pennex Foods. If you research Pennex... They were a distributor of Smithfield. Smithfield owns 28% of Pennex stock. SIPP owns 62%.
This morning I managed to get a current DTC list. There are approximately only 80,000 shares left on the float. Then I remembered that SIPP put out release a couple months back stating that they quietly started buying back float shares over the last month or so.
Something's brewin' But... I think we might have a good Xmas.
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