Leading Brands, Inc Mysteriously Gains 31%
Today’s hot stock, Leading Brands, Inc, (LBIX) rose 31% without an announcement or news report. So what sent the stock sailing? One hypothesis is the fact that recently Leading Brands’ “True Blue” has been in the news because apparently people just can’t get enough. The drink, a strictly natural juice that comes in five flavors, has some big health advantages. By sticking to fresh fruit and avoiding the artificial ingredients True Blue packs more antioxidants and less sugar than the competition. Through Leading Brands’ extensive distribution chain True Blue has a chance to become something big. Since Leading brands is fairly small for a publicly traded company($29.5 million market cap). One hot selling product could change the face of the company.
March 27th, 2006 at 8:58 am
Tru blue is great and I think will do quite a bit for the stock price of this company (LBIX.) Leading Brands also carries other good sellers such as monster energy drink, Nitro-trek and soy2o. The company also has an interesting, integrated biz model.
I think this is the type of company whose stock is likely to take a leap sooner or later. Interesting biz model, well recived products in various drink categories, large insider ownership and new porducts in the pipeline.