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0 -0.000718437724511855 -0.000718437724511855 0.0972503428907322 0.103781594931748 0.103781594931748 0.110312846972765 0.110312846972765
Stock impact report

Leading Brands In Is Poised To Be Acquired [Seeking Alpha]

LEADING BRANDS (LBIX) 
US:NASDAQ Investor Relations: investors.lb.com
Company Research Source: Seeking Alpha
Summary Every once in a while we stumble on a stock that makes you go hmmm... why hasn't anyone discovered this stock yet? Leading Bands Inc. (NASDAQ: LBIX ) is one such stock. One of my first articles on Seeking Alpha in 2015 was about American Brewing (now New Age Beverage) NBEV. At the time the stock was 30 cents a share after a 50 cent a share IPO. Thanks to some well planned acquisitions the stock has grown from $1 million in yearly sales to $50 million in yearly sales, and done so with a very healthy balance sheet. Shareholders have been rewarded nicely. The stock has rallied to $3.00 inter day today (with no reverse splits). So why do I mention NBEV when the company I am writing about is LBIX? For two reasons: Leading Brands is well poised to see sales explode after three years of redefining themselves just like NBEV after they reinvented themselves. Leading Brands is exactly the type of stock New Age Beverage looks at for an acquisition. The Show less Read more
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