|Picked up some more CYAN. Reasoning-The supplement market seems gaga over CBD. From what I've recently seen. There' are many questions looming with consistency, content, and medicinal claims. More questions if it needs to be regulated? astaxanthin & spirulina the supplements CYAN sells have been in the market much longer, and seem a safer route. IMO CYAN is risky company, but more reasonably priced currently. Earnings have been erratic and inconsistent however. Meridian was an activist at one point and has been quite for far to long. IMO the founder needs to sell to a bigger parent. |
|To: richardred who wrote (4295)||2/6/2018 1:30:12 PM|
|From: richardred|| Read Replies (1) of 5704|
|RE- CYAN speculation Nice earnings today.|
Added to CYAN today. Signs of a turnaround. Net sales increase 16% to a record $9.9 million and in the black. Costco problems on the mend? >Growth in our packaged products was primarily due to our Costco expansion. During this quarter, BioAstin expanded into an additional 64 warehouse stores in Costco's Northwest region and now is available in 252 Costco warehouses, or roughly 52% of their domestic total.
Added to struggling CYAN today. I think Meridian partner has backed themselves into a corner. IMO perfect size for TerraVia. RENAISSANCE TECHNOLOGIES LLC has been slowly adding over time to their small bet. They have over 90,000 shares now.
Atrium Innovations to be Acquired by #Nestlé for $2.3 Billion. Looking to divest some candy and sell healthy. $CYAN IMO a Natural fit for #DSM. Federal NOL carryforward was $11.8 million and our NOL carryforward for Hawaii was $6.3 mil. #astaxanthin #spirulina Nat. #microalgae
— Richard - richardred (@rreding1) January 12, 2018