NewAge Inc (fka NBEVQ) (NBEVQ)

[Run4Cover]

InvestforLTerm - excellent summary. You are spot on regarding the CEO and the "irrational exuberance" demonstrated by a few. They don't want to hear the truth about the CEO (ask the Board of Directors at Cott, Kmart , ecig, hemorrhoid company , etc). Saying that he "exaggerates" is a severe understatement. The facts don't lie : he comes in with delusions of grandeur and good presentations, raises expectations of shareholders, does a few PR moves, makes an acquisition and then dilutes the hell out of everyone despite saying he won't. Yet, a few continue to drink the Koolaide and stick their heads in the sand because "he told me he was great ". Laughable and sad at the same time.
The stock is following the same trend as he did at ecig etc.
He bought a company (xing) that no one , no one wanted. He didn't "get it on the cheap". No one wanted it. It had been for sale for over a year
The bottom is going to fall??, as it always does . He's already blown his promise on "no dilution".
Keep watching ....