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If people anticipate the PPS to hit .01, then why is it still in the trips?
The NY distribution alone should have it out of the trips. Sheesh. Not blaming management or the stock.
Like I said, some shells out there are sitting at higher prices. With crap debt and no news. They're gambles but one would think that at least with KEGS showing signs of life, the PPS could at least drop a zero. It's not good. We shouldn't be waiting for summer to get out of the trips. Period.
Being long is fine. But no one should be happy at being in the trips. Simply because they could post huge news, revenues, and still stay stuck here. Forever. It's not good at all.
Could also be A.L George. They distribute both Snapple and Jack Daniels. Which are in the Tweet. And most important of all, are also a MolsonCoors distributor.
https://algeorgeco.com/
If that is indeed T.J. Sheenhan, their company network spans 11 states. That's why. Just click the link. Their specialty is the craft beer industry.
https://sheehanfamilycompanies.com/distributors/
Higher priced trash unfortunately.
Union Beer Distributing is part of the same company as T.J. Sheenhan. And distributes in Long Island and the Five Boroughs.
https://www.unionbeerdist.com/
It's ridiculous that some shells out there are priced higher. With no news or outright pumps and Tweets. IMO.
I believe that's T.J.Sheenhan. The video inside their warehouse looks the same as the pics from the Tweet. And if it is indeed them, that opens up a huge retail market. They are the biggest distributor in that area. Huge.plus for KEGS. IMO.
https://www.tjsheehan.com/
It is true. Problem is they won't allow it to get out of the trips. Which when compared to other pink plays makes no sense. There are pink shells with vague news or even no news that are sitting out of the trips right now. IMO.
Excuse me, less than 2 months, 2 months, 2 months since the new cannery has come on line. Let that sink in.
Can we close at .0007? Bullish going into the weekend.
Not with that huge bid it's not.
6 starting to stack. Might actually see 8 today if we get some volume in.
Yeah in some things there are riddles. In others, such at the OS increase, he was transparent about needing to buy materials and supplies. IMO I think next week is the start of a round of PRs that takes it out of the trips once and for all.
Well we do know that Canadian distribution is proceeding. And the Tweet yesterday inside the distribution warehouse is leaving me perplexed. What was the point of it? Are they hinting at something?
Looking at the tape, those big block sells were quickly bought up. Most of the buying yesterday was done in huge blocks. Wait and see. But I won't be surprised if this closes at .0008 or above today.
Again, huge block buys yesterday. If those are for flips, they will have a huge impact on the PPS. Especially if sold gradually on the way down. So they can be mistaken as dilution.
31 million bought right before close. Plus I see a 50 mil block and a 70 mil block as well. That's not chump change. Next week might finally be it as far as trips are concerned.
Don't know. Some huge block buys went through though. So either big news is coming or a repeat of this week. IMO.
Got to get out of the trips once and for all.
Tweet from Syracuse distributor.
At $KEGS Syracuse distributor today …. pic.twitter.com/FOrCqjHmJ1
— 1812 Brewing Company (@1812Brewing) February 9, 2023
That's good. Finally getting out into brick and mortar.
It was primed to get out of the trips. One step forward and two steps back seems to the norm here.
Oh please.
No. Someone bought 50 mil. I think it's management paying for the acquisition.
Don't understand it either.
Where are all these 5 share buy prints coming from?
Like I said, that level 2 yesterday looked good. Trips are done today. Keep the momo going to .002.
Yeah I don't think I'd be flipping at this point. Time to hold and wait. March brings copper. IMO.
Close this near .002 heading into the weekend and in the next week or two it hits .005+ on news. And I fully expect several news events this month. IMO.
Level 2 at the EOD showed some great things. Thin out of the trips, 400,000 at .0016 and then the next stop was .0022. Won't take much at all to get to .002 if people hold.
2 acquisitions according to the article.
.001 prints today.
Ask at 8 shrinks when 7s hit. 9s printing soon.
Blastoff coming. Maybe close out of the trips today.
8s up. 9s print today IMO. Huge bid at 7.
Big slap at 7. 8s print today IMO.
I recall reading a Tweet by a poster mentioning New Mexico as a possible brewery acquisition. How they came up with that conclusion I can't answer. But a western US operation is huge in terms of expanding their products across the US. Especially if they can brew it there. The very same thing New Belgium does with their brewery here and the one in Colorado.
This is New Belgium's brewery here.
https://www.metalarchitecture.com/media/MCN-Images/_mediumImage/NewBelgiumBrewingCo_May18_2.jpg