why the sell down? I thought this was cheap at $1.98 considering this was like $2.70 a couple of months ago, all on very low volume of course, hope $1.50 holds, $1 was the original IPO price right?
Long term this is a no brainer $3+ but short term, I guess anything can happen, they are still selling lots of salmon, there is still global demand for their product, wonder why the big sell down though, all on low volume, wonder if a major holder is getting out?
or just loss of confidence in salmon? I don't know why.
I was thinking the good thing about salmon is all races and all religions eat salmon, unlike pork that muslims don't eat, so their goes the middle east market, unlike beef where 1billion Indians is a market down the drain, everyone eats salmon muslims, jews, hindus, Christians, so their is a very huge market for this product, if management is on the ball and dosent stuff things up of course.
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Price($) | Vol. | No. |
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