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Wow, 2.4 millions shares, someone or multiple people are selling big time and seem to be taking every opportunity to get out!
Looks like the big seller is still there, 300K shares traded at the open at .02 cents!
I watched the video and thought it was great, however to attract new investors to buy the stock, I wonder what exposure these weekly videos get? Putting out an official PR with a company update would probably get much more exposure and have the potential to attract new investors versus a video that only a few actually see.
Looks like its stuck at .02 cents, no new news and the stock cannot advance on its own.
Now at .02 cents, up .0006 cents
There are no shorts, just a few people flipping back and forth. Also, I will bet there will be no report out today also based on their track record.
That little rally lasted all but 30 minutes, now back down to .02 cents again. The low volume manipulation is funny, they fake you at at open each day that its gonna run, they they wallop you with selling the rest of the trading day.
That's the price I will buy back in to recoup my 30% loss.
Okay, I am so happy I lost 30% of my investment this week, have a great weekend!
I just don't like holding stocks that drop 30% in 1 week when expectation was the opposite. To me, something is not looking right and thus I would rather watch on the sidelines for more clarity. It appears by the late-in-the-day dumping this week that the other poster is right, they may have diluted by handing out more stock and those receiving it may be cashing in?
I just don't like holding stocks that drop 30% in 1 week when
This daily pattern dumping shares late in the trading session looks like someone with a large position is exiting. Just have to wonder why now if everything being said unfolds to be true? I believe the trading action more than anything else and just wonder why its sinking when it should be climbing???
It appears you may hit your projection coming week!
Apparently not! Look at TBEV, that was the type of pop I was expecting with MRIB!
I'm totally baffled, all this "good news", imminent sales from Costco, etc. and the stock bleeds red every day this week?
I will wait till next week before deciding since I am a little emotional about it right now and I don't like acting on emotions. By next week, assuming it is in their distribution centers, then it would be delivered to the 13 stores. If not, I'm out and out for good. If they do deliver, then I'll hold and wait as long as it takes.
I am getting frustrated with the misinformation and apparent lies and deceit. Many have said that the company stated that the product would be selling in the stores this week and that the company will start reporting on revenues as early as next week. How can there be any truth in that statement when I called the store itself and they said 1) the product was due for delivery on 6/3 and has yet to be delivered, and 2) there is no date in the system showing a revised date? All I'm saying is that I invested for a reason and the stock has sold off almost 20% at a time when it should be up over 20%
How can they show revenues when the product is not even on the shelves yet?
I called the store because many longs on this board have been touting that they will be selling in Costco this week, and the truth is its not and it has yet to be delivered to the stores.
Add me to the list, I may be dumping my shares at the open tomorrow!
add to that my 500K shares, I got the same reply from the Industry store today. My confidence in their honest is eroding!
someone is wrong here and I can't put my finger on it. I bought this stock in anticipation of the "perceived" good news, and now that they have been making these announcements, the stock sells off every day and I'm down 25%. So answer me this, why are people selling on the news at a measly 2 cent share price? Something seems smelly here and I don't like it.
I'm just saying that their website does not show it on the shelves yet.
trend has been green all day till the last hour, then volume comes in to the sell side.
I went on Costco's website last night and searched on Marani vodka, nothing came up. I then searched on just vodka and 2 items came up, both were their own Kirkland brand.
and the technicals have turned for the worse and indicate a big drop is coming, yikes!
Today is June 4th and they said it would be in 13 Costco locations on June 1st and apparently it's not on their shelves yet. That and the non-filing negatives are taking the stock lower, probably going back to sub-2 cents today. Figures, right after I buy 400K shares at .0252 cents!
I pulled up Costco in the City of Industry and searched on vodka and the only items that came up were their own Kirkland brand. Hmmmmmm
Some good news from the company and it will go back over .03 cents quickly.
I already own 290K shares at an average price of .025, the price was green all day until they widened the gap between the bid/ask and dropped the price to .0241 a few minutes before the close, so I went ahead and grabbed 1K shares at the ask only to ensure a green close which we deserved today. In the days ahead, hopefully the volume will pick up enough and they will keep the spread tighter.
I was pissed that they dropped it to .0241 on a small trade minutes before the close, so I sacrificed an $8 commission to buy 1K shares at .0253 to close us green!
The fact that they are late on filing insinuates negativity and the share price will suffer until its resolved. This company has not filed in ages and now that they are getting new contracts which will produce revenue, investors need details on financials before jumping in. Right now, its only speculators and daytraders playing this up-and-down.
Wonder why the high volume into the close today and the 20% drop? Everyone keeps mentioning that they are overdue to post their quarterly report, guess the fact that they aren't insinuates there is a major problem?