InvestorsHub Logo

edible1

02/03/19 9:47 AM

#44 RE: Big Brother #43

To try to put things in perspective brother, Bob Kanuth has been in charge for 5 trading days and the stock doubled with 700% more shares trading last week than the entire previous year added up. Even taking away the big block day, the stock was trading close to 6 figures every day without a press release, message board shills or promotion. I also was troubled that there was no PR about Lesley doing great things at the Super Bowl and being on the radio with Mark Schlereth. My guess is that Kanuth could be concerned about a liquidity crunch that could take the stock up to a ridiculously high price on ridiculously low volume and that kind of move generally doesnt work out good for the company in the long run. Right now theres probably only about 100 people who even know this company exists and is trading. A major announcement from this new regime could easily get national media coverage given the players involved (Kanuth, Visser, Woodway, etc) so that number would go into the millions and there doesnt appear to be a lot of stock out there for sale since the big block trade. I did notice several times last week low offers in the 30s for a minute or 2, which thankfully for us, nobody bit on and I'm hoping there will be a decent amount of shares available in the teens which I can add to my position. Looks to me like Kanuth is not gonna put out any announcements until he believes he has to, but thats probably not too far away. I was a buyer all last week and will be even a bigger buyer starting Monday morning. Happy Super Sunday and good luck to all.