Coverage for CCBEF was inititated while the stock was trading at just $2.60 with an average volume of 35,000 shares.
Today CCBEF hit another new 52 week high of $3.24 with a Volume of over 260,000 shares traded, more than a 740% increase!
Clearly Canadian Beverage Corporation (OTCBB: CCBEF)
SmallCap Sentinel: Too Late to Buy Clearly Canadian?…… Maybe Not
IRVINE, Calif., June 15, 2006 (PRIMEZONE) — “With Clearly Canadian (OTC BB:CCBEF.OB – News) currently trading at $3.14, yet another 52-week high, it would be only natural for investors to think the train had left the station on this stock. However, on closer examination, that assumption might be wrong. Indeed, the best may be yet to come for this pioneer and one-time undisputed champ of the alternative beverage market,” said SmallCap Sentinel analyst D.R. Clark.
“A scant couple of years ago, beverage industry peers Hansen Natural Corp. (NasdaqSC:HANS – News) and Jones Soda Co. (NasdaqSC:JSDA – News) — just to name a couple — were trading at levels that seem ridiculously low compared to recent valuations. Split adjusted, Hansen was trading at $3.45 in October 2003,” added Clark. “In like fashion, Jones was trading at $1.40 in the same month. The charts since then evidence the fact that those price points were the beginning, not the end, of a massive run for both; Hansen in particular. Hansen is currently $160 per share and Jones is $10 — both split adjusted.”
“Putting all the growth initiatives recently embarked upon by Clearly in perspective (see the nifty new site at http://www.clearly.ca), the impressive potential, the return of the readily-recognized name to the consumers’ lexicon, there’s the real possibility that Clearly’s market-cap could nearly double from its current $27.5 million — which is about the same number that experts say it would cost to build the current brand recognition of Clearly Canadian,” said Clark.
“In reality, the potential for price appreciation may be much greater. Once a brand bites, especially within the consumer market, the word of mouth marketing often kicks in and sales grow exponentially from that point. Will trading in Clearly be volatile? Sure. Clearly is still — at least for now — a small-cap stock. Is the company pulling out all the stops to regain dominance in the massive and growing alternative beverage market? Undoubtedly,” continued Clark. “Will this translate into increased shareholder value?…… Worked for Hansen’s and Jones.”
An informational report, “Putting the Fizz Back in the Beverage Market,” is available free of charge at http://www.SmallCapSentinel.com and addresses preeminent and emerging beverage companies such as National Beverage Corp. (AMEX:FIZ – News), Cadbury Schweppes Public Ltd. Co. (NYSE:CSG – News), Starbucks (NasdaqNM:SBUX – News) and Hansen.
An informational report featuring Clearly Canadian has been made available courtesy of financial courier StockUpTicks.com at the following link: http://stockupticks.com/profiles/5-30-06.html
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company’s plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report isn’t investment advice. MP has been paid $20,000 by Level 3 Research for preparation and distribution of this report and other advertising services over a ninety day period. This constitutes a conflict of interest as to MP’s ability to remain objective in its communication regarding subject companies.
Contact:
Market Pathways and StockUpTicks
Shannon Squyres, Editor
(949) 955-0107
Source: SmallCap Sentinel; Clearly Canadian
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Disclosure: Pentony Enterprises LLC was compensated $12,000 for profile coverage. Pasadena Capital Partners has received $30,000 and 125,000 warrants. Pasadena expects to receive 125,000 additional warrants for continued services. Pentony Enterprises LLC is affiliated with Pasadena Capital Partners and shares in the compensation received. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
