lil LWAY has consistently had a decent amount of shares short. A (lacking for how long???) catalyst is needed to get the share price higher which presumably would pressure shorts to cover.
While the family continues to be handsomely rewarded via salary and car allowances and stock sales, us regular retail investors are still waiting for a reward for being patient.
Note to self: in the future, don't buy shares in a company that is controlled by a few family members!!!
I still can't understand why Danone continues to hold their chunk; aprox 21% of the company. Relatively speaking, Danone's LWAY holding is a drop in the bucket. No way Danone can buy LWAY unless the family wants to sell...and why would the three want to sell given they have a great thing going!
Forgot to mention the family was also rewarded with a div payment this year; yes, I too got 5 cents for every share I own LOL. Why (except to reward insiders) did LWAY pay a dividend instead of say, spending the money to GROW the company??? I think I answered my question.