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Not sure you know what a bottom is....
Really? People will sell a stock when the underlying business underperforms?
Wow.
That's incredible market analysis.
Manipulation 101
Today's sell off stalled. The price hit a support level.
So expect to see a higher than average volume of "The sky is falling" posts from both the usual suspects and new accounts you've never seen before. It's an predictable as tomorrow's sun rise. (And if they thought it would make someone sell a single share, they'd tell you the sun wasn't going to rise tomorrow)
For the record, your blah blah blah posts bring more value to the discussion than the manipulator posts you respond to.
So keep up the good work!
You should probably sell your shares and go away then.
The KGKG crew has got to release some information soon
It's been over a month
This stock is under total tyrannical control of the manipulators. None of it's trading in the past 30 days has had anything whatsoever to do with the value of the company itself. It's all just day traders who are manipulating people into selling low who will then convince them to buy high for a big flip.
This will continue until KGKG starts telling retail investors what it happening in the company
I honestly believe there is enough retail support from investors that if KGKG PR'ed that they had a good hair day, the stock would go up 10%. They just need to say something and the manipulators will get overpowered again.
In the mean time, expect the low 4's until the vermin have spent all their money, then it'll shoot back up to .05 based on absolutely nothing. Lather, rinse, repeat.
It was roughly 1 year ago this week that KGKG had a big December bounce up. I remember because my kid was in the school Christmas pageant when it happened and my phone went nuts with alerts.
That is worth absolutely nothing from a business, statistical, or predictive standpoint.
It just makes me happy.
One note...same kid's Christmas pageant is on Friday this year.
Carry on.
Pro tip for OTC investing and reading message boards
Any post that makes a wild statement followed by "IMO" is not worth your time to even read.
It's a paid hack 75% the time. And someone who has no clue what they are talking about the other 75% of the time. (Yes I know that's 150%. Because half the time it's both)
I see VATE having a huge bump from CBD legislation
For sure. No question.
And obviously is the sector goes up it'll drag KGKG up with it.
I just see CBD having a small impact on KGKG
At least in the near term. Over the next 2 years HighDrat could become huge. (Emphasis on COULD. That is a much more crowded marketplace than hemp energy drinks)
I'm not following how this impacts KGKG so much
CBD is a limited part of their business model. I know it's in the HighDrate line but that is a very small portion of the company's total revenue.
Obviously HighDrate would increase it's contribution to revenue with CBD being legal. But do you really think it would be so much that it would have a big impact on the KGKG share price?
I'm not saying you're wrong.
I just don't see it.
I'd like to see it.
I'd very much like for you to be right and me to be wrong.
Explain it to me. Convince me.
Why do you care?
You devote 8 hours a day to posting here, for a stock you claim you don't have a position in.
So please, explain why this is important to you.
It would be very on topic to the conversation to be able to properly vet your opinions, assuming they are relevant to actual stock price and movement.
Do you have any relevant on topic reasons to have such strong opinions in this stock?
Truth.
There is no information or update from KGKG. No one trading the stock knows anything new.
So nothing about the trading over the last 3 weeks or so is based on the company.
It is all being driven by the vermin who come out of their caves when they see a stock they can screw with.
It may go up 30% today. It might drop to .0399. None of it means that KGKG is going to succeed or fail in 2020. None of it.
All the real information you can have has been out there fro 3 weeks. The true investors have traded based on that information. They have gotten in or out based on information that hasn't had a single update in 3 weeks. (Or they have said I'll get in more if it drops to a certain level, etc etc etc)
But the big price swings are being controlled by MM vermin. Nothing more. Nothing less.
Actual news from KGKG will cause the next real price movement. Might be up. Might be down. I don't know. (I suspect up) But it won't be a real price movement based on the performance of the company until KGKG gives out more news.
You don't know how stock works, do you?
You may want to have your Caps Lock key looked into.
It appears to be broken.
I love it when I have a bid in at a certain price. Then the stock fall below my bid price and multiple sales go through lower than my bid price.
But mine never fills
Yeah...that's honest. Sure. This isn't being manipulated at all.....
That spike back to .0489 is all the proof I need that today's prices are being purposely manipulated
Those instant spikes up and quick drops means a manipulator screwing with the bid and ask got caught flat footed while trying to change the manipulated bid and ask while real bids and asks are still out there getting auto processed by the system.
Someone wants to lower the the current bid and ask and cancel the existing ones instead of changing the existing orders. Then during that minute when they scramble to get a lower bid and ask placed, real buyers and sellers with orders in get filled.
And notice all of this happened while we were distracting someone here today.
That could be a coincidence. I mean it's probably a coincidence....right?
In all seriousness, this is a great point.
One of the common factors in 90% of the 'sky is falling' posters (note, that is a proper use of quotation marks) is the misuse of basic English grammar
I don't mean misspellings. I mean repeated, habitual use of their instead of they're or using defend when you meant dispute. Stuff like that. Stuff that is not just a typo but is a clear indication that the poster does not hold a strong grip of the English language.
That in and of itself isn't proof of anything. I mean there is no rule that says you have the be great with the written word to trade stocks. Nor does anything say you have to speak English well. But more often than not, people who are investing in US based stock markets are English speaking and have a better than average grip on how to speak proper English.
So when you see patterns of people who clearly don't understand the language and are making outrageous claims with no factual support for them, it's pretty obvious you are dealing with a paid shill from the other side of the world who's job is posting defamatory statements about a stock. The grammar (not the spelling) is a dead giveaway that you're dealing with someone who doesn't speak English as a first language. Add that to the crazy statements that don't jive with reality and it's a very good change you're dealing with a paid shill and everyone should take that account's posts with a grain of salt.
And VERY OFTEN you will see the same grammatical patterns in 3 or 4 different accounts that are all posting heavily and agreeing with each other on any given day. When that happens it's a dead giveaway that it's 1 person with multiple shill accounts trying to manipulate the stock.
Plus, who spends time warning people that a stock they don't own is a scam? I mean who does that? For legitimate reasons anyway....
I've seen people do it and they give well thought out explanations of why they think the stock is a scam with details that can be verified. There are nice people out there who just want to help others. But the posters who come in with the "IT'S A SCAM!!! A TOTAL SCAM!!! IT'S A PINKIE SCAM!!! SELL NOW!!!!" and then make crazy claims like "Their lied on their financials" and "They don't sell any product" it's a 100% guarantee that is a shill account here to create panic.
And people who read these boards need to know how to identify the shill accounts.
Dude....seriously.
We all know the scam. You come on and try to scare people out of their shares. Then you buy them and use your other accounts to say how great to stock is next week.
Lather, rinse, repeat.
You aren't fooling anyone. Sorry you missed the boat on Monday when this was an organized effort to knock the price down. Sorry the other manipulators didn't invite you to the party.
Go somewhere else. Annoy other people for a while.
Whatever helps you sleep at night.
I just bought a whole case of their scam last week
It's the best tasting scam out there
The nerve of them to create a product that people will exchange money for, sell it at a reasonable price, and make a small profit off of the product!
How dare they!!!
It's okay. I didn't understand how the stock market worked either the first day I traded.
You'll get the hang of it.
You're late with the fear tactics.
The rest of the manipulators bought their cheap shares on Monday.
Sorry they didn't invite you to the party.
I did not see that coming.
I'm pretty sure they could sell the promissory note too
Like if KGKG needed a $1,000,000 cash infusion next year they could sell the note to someone who had a longer time horizon and could wait 9 more years to collect the $1,500,000
Of course the true market value of a $1.5 million promisory note from VATE relies heavily on the value of the company. If VATE collapses and goes out of business the note isn't worth the paper it's printed on. If VATE scores a deal with 7-11 and Wal Mart next year that note is easily tradable.
Keep in mind none of us know the terms of the note. It could be non transferable.
I like it
VATE's stock price is a drag on KGKG's assets
Now it's not. Now that drag on KGKG's assets is $1.5 million in future payments. VATE may never be able to pay it off, but it least it looks like a future payment due rather than an ever declining asset
This says more about VATE than KGKG. If KGKG thought VATE was going to run up to .10 in the next 2 years they wouldn't do this.
You can only block like 5 people at once time unless you pay iHub a monthly fee. Then you can block everyone.
But no one wants to pay iHub the monthly fee because they allow the manipulators and spammers to run wild here
It's a broken system
The uplist in the works is to the next tier of the OTC which does not have a share price minimum.
So thanks for outing yourself as knowing absolutely nothing.
On the plus side...when the vermin come out in droves like this is usually is an indication that a massive recent price drop is being orchestrated rather than due to organic trading.
So this kind of nonsense from the usual suspects makes me believe that KGKG is being artificially brought down so it can be loaded up on by MM's looking to score
That doesn't necessarily mean the company is ready to grow. The vermin does this with any stock they think they can get it to work with. The strength of the company is irrelevant. Most of them don't know what KGKG stands for, what they produce, etc.
So it's not like the MM's have inside info that KGKG is about to release great financial numbers or anything. They just know they can reduce the current price of it, buy it, then run the price up 10% to sell it. (Then they go back to their real jobs of asking if customers want fries with that)
I'm not selling. I bought more today.
It just went down more after I bought what I thought was insanely low.
So now I'm pissy.
And the internet gets to deal with it. hahaha
At least this crap being posted here by the usual suspects makes me believe that today's price collapse is just another manipulated drop so the MM's can buy low. That means it'll go up pretty well at some point so they can sell high. (Even the bottom feeders can figure out how that works)
Financials have been out for 13 days. So that's not suddenly scaring people.
But still...KGKG needs to say SOMETHING positive. They said they fixed the credit cards problem. Okay...great. Now tell us how that has improved November sales. Make me believe that the last PR wasnt' fluff and that there is actually progress towards that $8 million 2020
This has to be the most manipulated stock of all time. I've never seen sellers so eager to sell for less than the previous transaction.
And what the hell is wrong with KGKG management?
Silence is deadly to an OTC stock because silence is what breads panic and that lures in the manipulators.
KGKG hasn't said anything worth reading in a month. Their last PR 2 weeks ago barely qualified as a fluff piece. I mean I like what they are projecting for 2020 but tell us more about it. Give more details. Keep investors engaged. This isn't Target or Wal Mart where 900 analysts are constantly discussing it. KGKG is a relative unknown in the investment world. No one is talking about unless KGKG talks about it themselves.
I don't want crap PR's. But keep people engaged with SOMETHING. There has to be SOMETHING going on that's worth talking about.
I am seriously tired of looking at my account and seeing KGKG is the red EVERY F'ING DAY
Hallelujah! Holy ***! Where's the Tylenol?
There. I feel better now having screamed a little. Thanks.
Oh look....late day sell off trades that seem to defy any kind of logic.
Just people dumping shares into the bid that miraculously drops a half a second before the low ball trade is processed.
What a miracle for the 'bidder'.
I know I often see shares trade at .065 with a bid and ask for .064 and .068 and think to myself "You know what I hope happens? I hope the bid drops to .0625 so I can sell these shares super low that someone else was willing to pay at least .064 to get if not .065!
This is not naturally occurring. Just more manipulative BS
What this needs is volume. Period.
Manipulation only works on low retail volume. I know the actual volume is high on manipulation days. But that's because the same 500,000 shares or so keep getting sold back and forth between the bad actors over and over.
When KGKG can put out anything that looks positive for it's future, retail volume willing to buy 3,000,000 shares that day overpowers the manipulation and chases them away for the day. (Well...they sell their 500,000 shares at the higher prices then wait for a lull to restart the whole process again)
Right now everything depends on that Q3 report. It needs to well exceed the $800,000 guidance to make KGKG pop again because the $800,000 represented a much slower rate of growth.
Long term that is meaningless. Companies hit speed bumps. In this case they have their product with distributors, now there is a waiting game before the product starts to sell and build a customer base. There are ways to speed that up, but ultimately it just takes time. As long as sales at least maintain previous quarters and show no decline, KGKG is still well poised for the future. Any decline is bad for obvious reasons. Any small increase is still meaningless in the short term. If by some chance they come in with a $1 million + quarter...that's great news but it still represents a decline in the rate of growth. And that'll spook some people who want the 'get rich quick' stock.
With these new hires KGKG has made we should see a dividend in that investment but it could take 6 months before their work today translates into money being deposited in KGKG's bank account. There are just too many steps between hiring new sales guy and getting revenue where each step takes a little time and has to play out.
So long term, things look up.
Short term, it all depends on Q3 results.
Today, manipulation is pissing me off.
I've been here since well before the run up to .14
I believe in the company and the product. I hate the blatant manipulation of my investment by locusts who make it a rigged game.
Why don't you like an honest commentary of the obvious manipulation?
Does that adverse impact your ability to manipulate the stock?
Asking for a friend.
Since there is absolutely no evidence of that whatsoever (in fact, quite the opposite appears to be the case...no promotion at all to the detriment of the stock) one has to wonder what your motivation to say that is....in the midst of this obvious manipulation of the share price
Well yeah. That'd be nice. But they are obviously all working together. That's how this scam works.
The MM's have to control the bid and ask and make sure only the shares they want to be exchanged get sold.
If you put a low bid in, your order will never fill.
If you put a bid in at the ask, your order will fill instantly.
If you put a sell order in at the ask, the ask will immediately drop lower than your sell price. And even if it doesn't, your shares will never sell. Only the manipulators' shares will actually transact.
But if you put an ask in at the current bid price, that'll fill.
The whole thing is designed so that you get frustrated with not being able to buy cheap so you pay more. And get frustrated not being able to sell at a market price so you get bored and lower your ask.
That's the scam.
You can sell cheap and buy high. But the manipulators can buy cheap and sell high.
And they have to be coordinating with each other for it to work.
The .06 ask it getting taken out repeatedly. What should we do?
Well....we could raise our ask to sell our shares for even more money! After all there were plenty of buyers at .062+ just 30 minutes ago.
No wait...that's a terrible idea. Let's lower our ask to .0599 and make less money.
That makes way more sense.
But what if people buy at the .0599 ask?
Then by god we lower it to .05998
(This is how you know the price is being purely and totally manipulated. Normal clear thinking people don't do this. Only manipulators and total morons do.)
Yet again....the ask gets hit and immediately lowers!
It's amazing.
That seems totally legitimate and natural. People LOVE to sell their stuff for less than market value. It's the American way!
If this stock wasn't being manipulated to the Moon and back the bid support it has today would be running it up to .10
And if the manipulators weren't dumber than the dog poop I stepped in last night they would let it so they could double their money on the .05 shares they bought yesterday
But if they were smart they'd have real jobs, not making pennies on a scam that should be making them dollars.
And there you go. Crashing back down like a good manipulated stock
Selling in the .062's to the tune of hundreds of thousands of shares....but suddenly the ask drops by 5% out of nowhere with a 10,000 share ask at .0601 that won't go away no matter how many times that 10,000 shares get bought
Pure manipulation
I honestly enjoy the thought of these locusts getting burned and going broke or ending up in prison for various reasons
Nothing honest people can do but sit back and hope these morons destroy themselves
And they are morons because if they let this tun to .08 they could make a ton more money on the .055 shares they scammed people out of yesterday. But they don't. They don't because they are stupid.
It's a fake rise. The manipulators are letting it run up so they can sell the shares they bought cheap yesterday
Once they sell out they'll run it back down and start over
But you won't be able to sell shares during this run up. They'll make sure of that. You can only buy.
I mean look at this...it ran up to .0628 and suddenly for no logical reason someone said "Hmm...I'd like to sell my shares at .0621 instead of the .068 they just sold for"
This is a pure manipulation in action, just like it has been for a week
The only thing you can do is wait for the locusts to burn themselves out when they move on to a new stock to eff up