Only up because of earnings release. Only improvement is the Fresh Salad business because FA finally took Tanios out of it...which is a good indicator he totally mismanaged it. Cost cutting there and restructuring has helped that segment of the business to be profitable.
Isn't "only up because of earnings release" kind of like saying that a horse only won a race because it was faster? Earnings are what drive stock valuations, and based on what CQB just announced, the stock price needs to rise.
I was going to respond and say the same thing. The "horse analogy" works. Labcor, the market got crushed again and CQB lost 1.28%. Its holding at 16. Don't fight the tape. Its been long slow upward climb since 4.5. So until there is a fundamental reason or a real technical breakdown, the stock is telling you what to do. Hold for the long haul and be rewarded.