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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

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

Post by Rock34on Nov 10, 2015 10:08am
182 Views
Post# 24276717

Looks to me like Promotion hurt us again

Looks to me like Promotion hurt us againNSP was gaining traction, under the radar with a few houses accumulating shares.  We drop an article, which was well written and all of the retail sheep show up to drive the price way up and now sell it way down for a loss.  I had hoped that the company learned that if they are going to have something come out like that article then they needed substance right behind it.....otherwise the volume drops off, those accumulating houses are happy to wait for a bottom again and here we are, 17 cents from the high of 3 days ago again. 

Could turn aound any second because there are clearly a few accumulating this stock but who knows when and what the bottom will be.  A proper valuation is over twice this value....easy. 

For the record, the tax loss selling message is overplayed here.....just buy on the dips and be happy.



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