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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

Comment by dontknowmuchon Feb 08, 2022 2:47pm
128 Views
Post# 34409709

RE:RE:RE:RE:RE:RE:RE:RE:Congrats!

RE:RE:RE:RE:RE:RE:RE:RE:Congrats!
gdaymate wrote: Really looking forward to watching you chase this above 0.05. Guy buys shares in a plant-based food company then proceeds to state "we humans require meat in our diet". You're definitely not a nutritionist, scientist or investor, that is for certain LOL.


Hey “gdaymate”,

Notthatbright (NTB) is “on & off” more than all the light switches in my house so sometimes he is hard to follow.

Notthatbright wrote:  Post# 34393936 – Feb 3rd
Holding this much longer than you...Average down big time.  When I see fit to take a profit and some skin out of the game, I pounce.   GL


Notthatbright wrote: Post# 34406062 – Feb 7th                                 
LOL a 10 year horizon, what price point you expect? We Humans require MEAT in our diet.  Many people want gluten free products.  I flipped my .025 for a sizable profit.  It is now holding .04 and I will be a buyer again % much lower.  


 
If NTB has been holding NSP for as long as he suggests and averaged down big time, most likely his ACB is a lot higher than .025 no matter how much he bought at .025. 

Note that he says he “flipped my .025” for a sizable profit”, that is very specific.   So let’s assume that he was a sly old fox and pounced on .05 for a double – unless his ACB for all his NSP holdings was under .05 there was no profit. 

If you ignore ACB and look at his .025 share purchases in isolation as the only shares he sold then he is at least better off in $$ terms.  I’ve used that rationalization a few times myself when I needed some $$ and had to sell some shares!

Even better for him if actually does buy back in lower than his recent selling price, however, I repeat what I said to “bagcheese”:  I doubt you will see .025 again, maybe .03 if you are lucky.  JMO ;<)

If he doesn’t buy back in and ends up chasing above .05, well, that will be better for the rest of us ;<)

*****
Be safe!

*****

Living in the sunshine
Always DYODD
DKM


 

Not.that.bright.

Not.that.bright. Part 2 ...just saying ;<)

 

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