There will be little to no selling for quite some time here. It would take a fool to sell shares the week before a national advertising campaign kicks off.
WNBD is up 50%+ since DRTV announced on December 4th
The close on December 3rd was .0078.
WNBD closed today at .0119
Very unlike this statement
So far the stock has been in a steadt ecline since the announcement of the DRTV ads in Dec.
While one could have possibly traded the low and peak; a current 50%+ return in little under 6 months isn't anything to sneeze about on the cusp on major USA penetration according to the business plan.
Especially if still holding a majority of their shares and not worrying about repositioning in for the next potential major leg up.
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While initial DRTV test run may be 2 weeks, it appears WNBD is committed long term to national advertising to create customers/demand and branding as well as support to current retailers and those coming online in the weeks, months ahead.
An exciting time in the life of WNBD and Winning Colours is ahead imo.
The only thing obvious to me is that WNBD is not going to stop in their pursuit in making Winning Colours a recognized name/brand and its achievement of multiple USA NA listings.....
That's something you and I can't decide, but the millions of American consumers will. I like the odds that enough will tip the scale.