If you go back and check how this stock trades between April and August of every year then you will simply realize this is the time to get in before the run up in the next 3-4 months. Forget fundamentals for minute. No way this stock will stay at this level when summer gets here. Its that simple. $10 by July is very conservative.
Greg Boland and Jason Karp (pictured) have different views on SunOpta, Inc. (USA) (NASDAQ:STKL). According to a recent filing with the Securities and Exchange Commission, Boland’s West Face Capital has disclosed an increase in its holding to 8.47 million shares, from the 4.17 million shares reported previously. This move gives Boland control over approximately 9.9% of SunOpta’s common stock. Karp, on the other hand, has recently disposed of 50,000 shares at prices varying between $5.00 and $5.24 apiece, as disclosed in a new Form 4 filing. His fund, Tourbillon Capital Partners, currently holds 8.51 million shares, which represent roughly 9.98% of the company’s outstanding stock.