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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Consumer Defensive Household & Personal Products Cannabis
Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. The Company has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me.


TSXV:NSP.H - Post by User

Naturally Splendid Enterprises Ltd
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Comment by Rock34on Jul 27, 2015 1:28pm
119 Views
Post# 23963584

RE:A great sign...

RE:A great sign...I have seen companies accumulate a few hundered thousand shares as well as millions of shares through this technique.  If retail starts to put pressure upwards we could see two things.....one, they increase the buy frequency (currently every 3:01 minutes) and/or they increase the buy quantitiy.

The buy quantitiy is a tough one for them with NSP becasue the ask is realatively thin and at the same time they dont want to drive the price themselves.  So without upward pressure they wont need to make either of these changes.  They would like to keep buying at almost no impact to the market....that wont work here though.  It will be noticed since the volume is so low and the stock trades decently thinly at these levels.

For those of you who havent seen this before watch about 20 seconds before they buy their order will show up on the bid (at whatever price it is at) and then when the time comes it will just jump to the ask. Then they do it all over again.  

This is a great sign for NSP and a bad sign for others accumulating.



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