Good Natured Products Inc. V.GDNP

Huge support

[sumpineh]

at $1.00. It shows bids for 155,000. It should not fall through that without material bad news.

[tinselfarm]

True but as we have seen that support can be gone in about 3 seconds. Reality is this is presently a $2 stock that is trading at a massive discount......but nobody cares.

[dileas48s]

It's not a $2 stock, but it's also not a $1 stock.  The bid is now 170k @ $1, and 74k at $0.99.  That is huge support, and yes, it could be pulled, but I doubt it. It's hard to justify how GDNP is worth  a multiple times revenue when they're buying businesses for 1x revenue.  It's not the only metric to use of course, but I think it helps to maintain some