Digital Brands Group Inc (DBGI)

[KeepItRealistic]

$DBGI 10Q

Austin, TX, May 17, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the first quarter ended March 30, 2024 on Monday, May 20, 2024 at 9:30 a.m. ET.

Management will host a conference call on Monday, May 20, 2024 at 10:30 a.m. ET to discuss the results. The live conference call can be accessed by dialing 888-506-0062 from the U.S. or internationally. The conference I.D. code is 817721 or referencing Digital Brands or via the web by using the following link: https://www.webcaster4.com/Webcast/Page/3044/50662.

[Monksdream]

DBGI reports 10Q before the opening bell on Monday 5/20 per Seeking Alpha

[KeepItRealistic]

Lot’s of beaten down BB’s need correction

This is one of many

Is this finally the start of reversal to this bear BB market ?

Shorts have had their fun

Its the bulls turn now

[Monksdream]

The way it was last week with about a dozen ticker soaring on volume exceeding 3 billion shares in some cases mew tickers will be discovered this coming week

[Backstabbed]

Nice monk in da house! What’s your prediction here

[Monksdream]

DBGI 10 day hourly chart

[KeepItRealistic]

lol

$10+++ 🎯 easy

Hedges need to collect !!!

They have a $3.2 million dollar hole in their pockets that needs filling

They will run it at many multiples of their warrant price of $3.13

Last ATM run they ran it to $12.80 with a VWAP of $8.06 ❤️

They used an insane amount of wash trading to get the job done…

Let’s see if they use this expected positive 10Q as the catalyst or something else in the near future 🤷‍♂️

In any case they need to cash out at some point and I don’t think they like holding shares in their books by month end !

Just saying 😝

PS: wonder what Hil will do with that extra $3.2 million dollars he did not need and only did to fix the shareholder equity issue which was caused by his auditors on the 10k per shareholder conference call

[maent]

I've been on a huge job and away from the computer. I see MOST all my buys filled. Sub $2 hasn't happened yet. Not complaining, I have an ample supply of shares just in case this decides to run again. I'll flip them on bounces, and I'll probably dump all of them in the $6-8 range. KIR still have his $9,000,000 price target?

[KeepItRealistic]

$DBGI

Some AH slaps to end the day at $2.88

Next week with a solid 10Q we should move towards a fair Market Cap

With a solid 10Q and with our path to profitability this year

The bidding to acquire the company should be more favourable for all involved

And if the public Markets don’t adjust then the private ones will

[KeepItRealistic]

$DBGI from last 10k earnings call


“Despite lower revenue contribution from Sundry in the fourth quarter, we almost achieved breakeven net income due to our cost savings excluding non-cash expenses. Based on first quarter wholesale shipments and second quarter wholesale bookings, we're excited to see revenue growth meaningfully re-accelerate. This increase in the revenue trend will be coupled with a significantly lower operating expense structure which you can already start to see in Q4 and you saw in Q3 which will accelerate in Q1 and going forward.”

[splintered sunlight]

Strap your booties on!!!!!!!!!!!

[KeepItRealistic]

$DBGI 10Q on Monday ❤️

https://www.globenewswire.com/news-release/2024/05/17/2884450/0/en/Digital-Brands-Group-to-Report-First-Quarter-2024-Financial-Results-on-Monday-May-20-2024.html

[KeepItRealistic]

$DBGI VWAP today $2.72 and PSAR flipped up today

$3+ next

[KeepItRealistic]

Learn from the past
Apply to the future

[splintered sunlight]

I've watched.

I've learned.

Still watching.

Still learning.

[splintered sunlight]

Feb 13th is past history.

What's to come, time will tell.

[KeepItRealistic]

Nope…

Those $3.13 warrants need to be sold at multiples of their price !

Remember Feb 13th !

Watch & learn

[befast]

Don't get over excited : with the huge increase in OS, EPS will be below the street expectations

[KeepItRealistic]

$DBGI lets get this over $3 today in anticipation of next weeks stellar 10Q

[KeepItRealistic]

Well I figured those warrant dudes will make their move on the solid 10Q next week

They need a catalyst and they don’t like holding shares me thinks

Let’s see

Clearly it was not retail on Feb 13th !

[splintered sunlight]

Oh, so we do have a definition of soon - NEXT WEEK!!!!!!!!!!!!!!

[KeepItRealistic]

$DBGI daily chart turning ⬆️ into 10Q next week

MACD crossed up
PSAR flip at $2.89
50 MA $3.35
200 MA $5.37
RSI low at 43

https://schrts.co/GgPcrKYA

[KeepItRealistic]

$2.77 HOD
C u over $3 shortly
And over $10 next week

[befast]

Pathetic, bragging about the 10-Q when the 10-K was released last month, and still unable to file on time. What a joke

[KeepItRealistic]

5 day extension filed, more time to grab shares under $3

https://www.otcmarkets.com/filing/html?id=17541655&guid=CrQ-kFooDQeHJth

[KeepItRealistic]

I was on a plane to Florida that morning

Talk about bad luck 😝

[KeepItRealistic]

The VWAP on February 13th was $8.0628

The volume was 69,638,174 on a float of just over 1 million 😝

There was a ton of wash trading that day

These type of moves are not retail generated and these hedge funds never lose

[splintered sunlight]

I remember it well - I made some good ka-ching.

[KeepItRealistic]

I actually did

But the volume and timing of warrants implies they didn’t

Maybe partially only

Remember the move to $12.80

They had alot less ATM shares to sell then !

[splintered sunlight]

I'll be waiting with bated breath.

Ever think they shorted the stock down and covered with the warrants......?

[KeepItRealistic]

These funders don’t like holding shares in there books

Likely the solid 10Q will be the trigger

So next week seeing that an extension will be likely filed after hours

[splintered sunlight]

That's not a definition of soon.

That's a mouthful of hope, wish and who knows what else.

Thanks

[KeepItRealistic]

Either Hil is going to change the mold and release earnings during the day ?

Or extension filing after hours

[KeepItRealistic]

When the warrant holders at $3.15 want there $3.2m times 2-3 times back

They will need to get the VWAP over $7 and thus it should cross $10 for abit

[splintered sunlight]

Definition of soon, please.

[splintered sunlight]

Trading under final VWAP.....

[KeepItRealistic]

$10+++ soon
Watch !

[splintered sunlight]

Your excited about how it closed above a buck fifty three?

My, have the mighty have fallen.......

[KeepItRealistic]

$DBGI Final VWAP $2.53

Closed AH $2.59 above VWAP 💪

https://stocktwits.com/KeepItRealistic/message/572911762

[KeepItRealistic]

$DBGI 10Q due tomorrow or a five day extension filing

Expect one or the other

[KeepItRealistic]

$DBGI 10Q will be much improved

Just re-read 10k PR…

“Net income loss was only $0.6 million in the fourth quarter, excluding non-cash expenses”

The fourth quarter was the end of Sundry's bottom, which our first quarter results will reflect.”

Despite lower revenue contribution from Sundry in the fourth quarter, we almost achieved break even net income due to our cost savings (excluding non-cash expenses)

Based on first quarter wholesale shipments and second quarter wholesale bookings, we are excited to see revenue growth meaningfully re-accelerate.

This increase in the revenue trend will be coupled with a significantly lower operating expense structure," said Hil Davis, CEO of Digital Brands Group.

We are excited to announce our first quarter earnings in May, which we believe will show the strength of the business. We will also have preliminary results from our outlet store opening in Allen, TX. Simply put, as we have stated, 2024 is the year we expected to experience the inflection point in our business."

[KeepItRealistic]

$DBGI smart $$$ taking the cheapies under $3 before 10Q

[KeepItRealistic]

$DBGI Only 2 trading days left to the 10Q due date May 15th assuming no extension.

10Q may be pre Market Wednesday followed by a conference call during Market hours.

[KeepItRealistic]

He probably was under bidding before the move to $12.80 lmfao

That must hurt
Missing out and all

[Backstabbed]

Yup!

[Backstabbed]

ROFL

[Backstabbed]

LOL

[KeepItRealistic]

I underestimated how many clueless people there are out there

On the bright side, they got flushed near the 52 week low lmfao

What a bargain

[splintered sunlight]

Still at $1.75?

Getting closer.......

[splintered sunlight]

Glad you lowered your $2.50 buy order.