My $LWAY Thesis is done

Sheesh, Lifeway Foods jumped to $25 after Danone offered to buy the rest of their shares at $25 a share.

Danone already had 23.4% ownership of the company and It was inevitable that they would acquire the rest of the shares, given Lifeway’s growth and the potential of the Kefir market.

I wrote the pitch when Lifeway was trading at $12.53 and added some more around $11, the stock jumped after earnings, written here;