Digital Brands Group Inc (DBGI)

[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.

[splintered sunlight]

What was that about a gap at $2.86 and $3 being a solid buy if it get's there??????

[KeepItRealistic]

With 10Q next Wednesday 😝

[splintered sunlight]

Starting to get my sub $2 bids in!!!!!!!!!!!!

So excited.

[KeepItRealistic]

$DBGI last run from $2.865 to $12.80 on Feb 13th, 2024

It gapped at the open at $7.69 😮

Feels good having shares at close of day

[KeepItRealistic]

$DBGI ❤️ smart people

https://stocktwits.com/Viper999/message/572457016

[splintered sunlight]

What manipulation and after you explain the manipulation, why is it over?

Thanks

[Backstabbed]

At least manipulation is over! Bring her up

[KeepItRealistic]

$DBGI Feb 13th 2.0 incoming me thinks

Feb 13th 2.0 me thinks …

Same setup …

Warrant holders are very greedy 😝 https://t.co/M8w35OImEr

— KIR (@KeepRealistic) May 10, 2024

[KeepItRealistic]

$DBGI 🤔

The last time it did a 52 week low

It ran to $12.80 shortly after…

https://stocktwits.com/KeepItRealistic/message/572390339

[KeepItRealistic]

$DBGI VWAP’s past 6 months

https://stocktwits.com/KeepItRealistic/message/572387427

[KeepItRealistic]

$DBGI final VWAP including AH is $2.41

https://stocktwits.com/KeepItRealistic/message/572381106

Idiots selling below $2.30 four days before a rock solid 10Q ???

Cannot fix stupid 😝

[KeepItRealistic]

$DBGI ask AH $2.80

Shorts are in cahoots here me thinks

Mega gapper like Feb13th will teach them a hard lesson… again 😝

[KeepItRealistic]

Did you Like the run to $12.80 on Feb 13th
Next one is coming ..

On Feb 13th, 2024 it traded at a VWAP of $8.06

It gapped from $2.86 to $7.69
Low was $5.74

Sellers & shorts that day got a rude awakening

That was not retail

[KeepItRealistic]

Total Nonsense

[ENRIMOON]

Don't trust Hill Davis...he's a liar in cahoots with the shorts

[KeepItRealistic]

Can’t fix stupid
And sellers today are just that

[befast]

Buying at 2.45 was not that smart after all...

[KeepItRealistic]

$DBGI congratulations those who picked up shares below $2.45 VWAP

And for those who sold below the VWAP today just four days before the companies stellar 10Q ?

Well clearly DD is not your strong point 😝

[KeepItRealistic]

$DBGI from earnings call

$DBGI Q1 hints on earnings call

Q1, 2024 is due May 15th is the game changer 10Q for this company.

Read carefully ⬇️ the excerpt from the CEO on the earnings call and you will see why. pic.twitter.com/L5tNOEsf7B

— KIR (@KeepRealistic) April 20, 2024

Q1, 2024 due May 15th is the game changer 10Q and will change the trading dynamics of this company. Now is the time to accumulate impatient shares.

Now read carefully ⬇️ the excerpt from the CEO on the 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.”

[Backstabbed]

Go $DBGI! Is it time?!?

[KeepItRealistic]

$DBGI T - 4 days to 10Q 💎

“In concluding, we are excited to announce our first quarter earnings in May, which we believe show the strength of the business between wholesale shipments and bookings. We'll also have the preliminary results from our outlet store opening in Allen, Texas this weekend. As we have stated, 2024 is the year we expect to experience the inflection point in our business.”

[splintered sunlight]

1 share of DBGI wouldn't even get you a ride on the NYC subway......

[splintered sunlight]

Today's news - DBGI was down again.

[splintered sunlight]

Market knows best!!!!!!!!!

[befast]

market says otherwise

[KeepItRealistic]

Yesterday’s news ?

[splintered sunlight]

News out - doing wonders for the stock price

[splintered sunlight]

Yeah, but for the better or worse......

[KeepItRealistic]

10Q game changer

[splintered sunlight]

Does this stock ever go up - except for that one delicious spike recently?

[KeepItRealistic]

$DBGI some peeps just love to capitulate just before the best 10Q in the history of the company me thinks 🤷‍♂️

See over $10

[Backstabbed]

Go $DBGI

[KeepItRealistic]

$DBGI including today’s trading

Only 7 days to the 10Q

I am expecting a very strong 10Q

Shares under $3 are a gift

The warrant holder who just bought shares at $3.15 knows…

Won’t surprise me that we revisit $10 soon

[KeepItRealistic]

$SBGI

https://stocktwits.com/KeepItRealistic/message/571960324

[KeepItRealistic]

“he could have waited a couple of weeks, since the 9+ $ exercise price might have been on the money “

PPS needs to have moved above $20 for that to have happened

He needed to cure the shareholder equity issue pronto and he did

Not a bad deal under the circumstances

[KeepItRealistic]

“Just by coincidence after hours price climbed right at 2.89, just to allow exercise before the Q1 results?”

You think these funders give you $3.2 million in cash and resell at break even or for small profits ?

They will want at least 100%+ and will need to get it much higher than 2x to be able to sell 1 million shares at a VWAP over $6.26

You think the $557 million dollars in volume on February 13th was retail and actual real volume on a 1 million float ?

Of course not 😝

It was a hedge fund moving it up to sell much higher and a ton of wash trading

This will see $10 when the hedge funds are ready to sell their newly acquired $3.13 warrants …

These hedge funds are not in the business of holding shares in their books so they will want to Offload their shares fairly quickly (likely before end of month)

[KeepItRealistic]

And at what price do you think those warrants will be exercised if at all ?

The $9.xx warrants that got repriced and sold for $3.2 million at $3.13 never got sold on the run to $12.80 on Feb 13th

https://stocktwits.com/KeepItRealistic/message/571830036

The OS has been updated with the exercised warrants already and the old warrants are gone

https://dilutiontracker.com/app/search/DBGI?a=ed4623

As for the our current OS of 2.7m

Take A look at $GNS’s OS now at 186m and its Market Cap at 74m
https://dilutiontracker.com/app/search/?a=ed4623

Now if the Market can price $GNS at a $74m Market Cap with their 2024 guidance

I think we should be at 25m Market Cap today with our Revenues, FCF and retail store growth potential

Company can now add 6 additional retail stores with this additional cash along with its FCF of 500-600k per month (which will grow as stores get added) which allows another store per month

That’s another 14 stores and 20 million in revenue potential this year

Company is not being priced fairly but I believe we will start to see that change as of Q1

I see us settle above $7 in the coming weeks and move up from there…

I also see a pop over $10 soon to let the $3.15 warrants get sold for 2-3x profits

[befast]

Yes but in the process 2 million+ new warrants were registered at an exercise price of 2.88. If or when exercised they will put tremendous pressure on the stock price and will dilute the stock further. You can kiss the 1.7 million OS goodbye with 100%+ dilution, so your 10$ price target might have to be cut in half. Once again, Hil did not walk the talk and retail will get penalized. If he was that adamant the stock would go higher following Q1 results release, he could have waited a couple of weeks, since the 9+ $ exercise price might have been on the money (and the equity threshold would have been met). So it looks he is not that optimistic after all, because the timing of the announcement is quite counter intuitive. On top of that, why get 3.2 millions in working capital when you turn cash flow positive and can finance the store openings with free cash flow? The only positive would be if he is looking at new acquisition with the proceeds. Just by coincidence after hours price climbed right at 2.89, just to allow exercise before the Q1 results?

[splintered sunlight]

Boy, I sure do remember how they ran this to $12.80 from this level in February. I scaled sold my remaining holdings almost all the way up.

I've yet to buy back in.

Still waiting for a better opportunity which I think is coming.

[KeepItRealistic]

Oh I did …

I also read the 8k below that needed to be cured

https://www.otcmarkets.com/filing/html?id=17476718&guid=2QQ-kH1gJU_sB3h

I Also read last 2 filings 10k & 10Q that showed a decrease in shareholder equity due to charges the company was forced to take as explained in 10k call

Q3 stockholders' equity of $5,221,345
10k stockholders' equity of $1,602,592

They Needs it to be 2.5m or more for compliance

This warrant exercise of $3.2m will cure it

The extra unneeded cash of $3.2m can be used to accelerate store openings and pay down remaining debt or both.

And these funders who just payed $3.15 for their shares (above Market) will need to sell these shares at much higher prices to recover their $3.2 million they just gave the company

They’re a greedy bunch !

Watch and see how the game is played

And see you over $10 after Q1 results

[befast]

I fear you haven't read the PR thoroughly!!

[KeepItRealistic]

$DBGI

Q1 game changer on May 15th

Warrants bought at $3.15 today need to be sold much higher for a profit

Remember how they ran this to $12.80 from this level in February

They just gave the company $3.2 million and they need to recover that money with profit. These funds measure profits in multiples like 2x, 3x etc…

Q1 results will be the catalyst

[KeepItRealistic]

Q1 game changer

Dips are a gift