Re: Hi, any thoughts about MMMB ?MamaMancini’s Wins Three QVC® Customer Choice Food Awards
From the most recent earnings call :
We have laid the foundation for an incredibly strong growth trajectory in the second half of the year. With our active acquisition efforts well underway, I firmly believe we are still in the early innings of MamaMancini's growth and increasing prominence as a public company
As bottom said it is a growth story but I am not in for the longer term here, I am just waiting for the acquisition. Normally stock price should spîke.
I noticed some strange trading last 3 days. 15 minutes before closing they start to dump the stock like there is somebody who doesn't want it go up. Especially on friday, 300 K shares traded last 20 minutes bringing the price down with 10 percent. My guess is they are trying to trigger some stop loss orders. Very strange, will probably add next week.