Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am understanding the process - DBGI stock performance is horrific.
FULL STOP
You are not understanding the process
Who cares about the warrants - common stock - what about the common stock?
Sure
What about the commons?????
$DBGI EFFECT filed on warrants
It’s time for the warrant run …
10x 😝
More like 2-3x
What's the difference?
The warrant folks want their money - at least 10 fold.
Right?
Low volume, big volume, it doesn't seem to make any difference.
We seem to always go down.......
At least we went down on low volume
What's up with all the 2 share prints - these institutional investors are bringing out the big guns......
Oh okay.
Stock price says otherwise!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I am from Planet Profit
DBGI 1 year returns
5 day return - 10%
1 month return - 36%
3 month return -55%
YTD return - 45%
1 year return - 90%
Clearly DBGI is not!!!!!!!!!!!!!!!!!!!!
They just raised the cash and now it is gone.
DBGI just tries to put out fires but it is not working.
BTW, the market just LOVES the news.
Oh I get it, the warrant holders haven't seen it yet probably.........
They probably going to wait for their $10 payoff!!!!!!!!!!!!!!!!
Paying down debt with cash is horrific ?
What planet are you from ?
$DBGI 8k (debt settlement)
https://www.otcmarkets.com/filing/html?id=17580643&guid=QxQ-k6AKM5_WJth
Exactly
Sooooooo happy I flipped every share when the last bump happened.
I just started buying, reestablishing a starter position, and will buy more on a dip/drop.
Clueless
At the very least..........
All talk and very little action from Hil. Which is why I flipped every share when the last bump happened. I have NO open orders as every single one filled. I will not buy any more unless we get another substantial drop.
I am afraid you will have to be very patient. The losing streak is up to 7 sessions, no reason for change without news. We might see 1.5 before the next bounce, but be happy if we hit 3 before mid-August and Q2 earnings (curious to find out what will be the excuse by then), unless Hil comes up with tangible news (confirmation of the delayed revenues to Q2, Dallas store preliminary numbers,...). For someone who advocated a PR blitzkrieg back in January, he sure is not walking the talk. I guess he is clueless on his strategic vision (no mention whatsoever in the earnings call, he seemed in a hurry to wrap things up)
Now I will be ready for Keepit (somewhat) realistic's push to $10
If it's still down here next week, I am going to buy some.
I heard misery likes company............
I guess only when DBGI makes a new 52 week low, so yeah.....
There's always next week......
Yes they buy 52 week lows before they run the stock
Is this all you do 😝
Trading is very strange today to say the least
Once again, you are wrong! Damn you are not very good ar this.
$1.85 filled. One more left to hit. Let see if rhe 1.75s fill.
Honestly can't be surprised.
No worries, KIR, says not to panic, the warrant holders want their money back plus interest..............
Getting filled?
Sub $2 bids getting filled.......
new untraday 52 week low, way to go!!
A whole lot of nothing...........
Update - a whole lot of pain.
I'm thinking $10, LOL!!!!!!!!!!!!!!!
Certainly a lot of volume, that's for sure.
Interesting movement and volume pre Market
Waiting
actually
Still waiting.
Time will tell....
$DBGI buy & wait for it …
H.C. Wainwright & Co., LLC will run this hard when it’s time to unload their $3.13 warrants.
Look for massive volume out of nowhere when it starts … 🤷♂️
$DBGI Hil gave himself a nice buffer of shareholder equity compliance
Smart & necessary move
On May 20, 2024, Digital Brands Group, Inc. (the “Company”) filed with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024, which reflected stockholders’ equity of approximately $2.98 million. Subsequent to quarter-end, on May 7, 2024, the Company raised approximately $3.2 million from the exercise of approximately 1.03 million warrants at an exercise price of $3.13. As a result of that warrant transaction, and as of the date of this filing, the Company believes it continues to have stockholders’ equity in excess of the minimum $2.5 million stockholders’ equity requirement set forth in The Nasdaq Stock Market LLC’s (“Nasdaq”) Listing Rule 5550(b)(1).
As previously reported, on April 22, 2024, the Company received a letter from Nasdaq’s Listing Qualifications Staff notifying the Company that it did not comply with Nasdaq Listing Rule 5550(b) because it reported less than $2.5 million in stockholders’ equity as of December 31, 2023. The Company subsequently requested a hearing before the Nasdaq Hearings Panel to address the deficiency. The hearing has not yet occurred.
Nasdaq will continue to monitor the Company’s ongoing compliance with Nasdaq Listing Rule 5550(b) and, if the Company’s next periodic report does not evidence compliance with Nasdaq Listing Rule 5550(b), the Company may be subject to delisting. There can be no assurance that the Company will be able to maintain compliance with Nasdaq Listing Rule 5550(b).
Followers
|
36
|
Posters
|
|
Posts (Today)
|
3
|
Posts (Total)
|
2922
|
Created
|
05/17/21
|
Type
|
Free
|
Moderators KeepItRealistic |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |