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Seems to me they are shifting focus to GoldLeaf and KGKG is suffering as capital is diverted to the distro play.
Still may actually be the better move for them as Kona sales flatline.
I don't disagree. I just think the attacks on Parscale and his business model will be dramatically accelerated this year.
That translates into harming investor sentiment, especially larger position buyers who may be made nervous.
The real question is whether or not Trumps major supporters will buy in at scale here as a way of skirting campaign finance laws.
If they do the SP could go much higher.
It isn't bashing a stock to point out information that other investors need to be aware of. Notice I didn't suggest anyone sell, just be careful here with this hit piece out.
Always amazes me how oblivious to reality some investors can be. You probably should not be trading.
775k shares long. You do realize trading means dealing with the facts right? Your personal beliefs mean jack shit.
I get the source is left leaning, but it was just the first article to pop up. There were multiple sources printing this story.
Legal or not his NAME is all over this and sentiment does matter.
I'm long here as well but this is not a good piece of news for CLWD.
Be careful here. Parscale is in the sites of political opponents. FBI will be used to go after him like other Trump allies. His name is getting to public and investors DO NOT like this type of publicity.
https://www.inquisitr.com/6005516/trump-campaign-secretly-pays-sons-wife-girlfriend/amp/
Black Swan event for CLWD possibly.
Why would this Gap up? Because their shitty financials are reported accurately?
Just because you are more transparent in reporting your failures?
Lol....delusion is powerful with this "investment".
Lol what a scam. Share price doesn't lie. It is breaking down slowly.
Lower highs and lower lows....thats a good trend right?
There is no good news. Get out while you can. Better some money than none.
Looks like 2 cents on deck? Watch the selling when that happens. Goodbye KGKG. Last person out turn off the lights.
As much as I believe this company is becoming a scam, I will say that the uplist may take longer because people are working from home and systems are dealing with disruption.
That said I don't believe the uplift will move the price at all. Might even be a sell the news event.
I suspect that this will not improve until we see a sustained post-covid-19 rally.
Of course by then we will probably need a 300% run just to get back here...
This is going lower.
Figured as much but wanted to be sure it wasnt pre-Covid.
How long has the delinquent SEC reporting been on the OTC profile?
https://www.otcmarkets.com/stock/CLWD/security
For your sake I hope so. I just dont see any evidence that he understands how to grow the share price. If that changes I will be back. But I certainly wouldnt hand him my money now.
You too. I truly hope it does turn around for you guys.
That's what public message boards are for ya? Hopefully it will help some poor bastard get at least some of his money back.
If you can't even HOLD your price on days like this....well, you can't cure stupid. But you CAN watch it burn its money.
I'm out. Sold this trash. You are going to get diluted.
Market up 1000 points?
Vate? SELLING.
Markets dont lie and the market is telling you that this is absolute shit.
Last one out please turn off the coffee maker.
When will we see .05 again? Probably 60 days after the reverse split.
1. Market green? Check
2. KGKG hit 4Q estimates? Check
3. Uplist to OTCQB complete? Check
4. Stock soaring on the good news?
Hahahahahahahahahaha!
If it cant move up AT ALL on these data points.....lol....
Seriously. You are absolutely better selling for a loss and using the cash as toilet paper.
It will be more valuable than leaving it in this company.
Agreed. KGKG looking pretty bad to be honest.
Revenue was on the lower end of guidance and now with the Corona Virus sales will drop substantially.
This could easily be sub penny very soon.
The climb from there, based on how many distributors are starting to post complaints, is not likely to be possible without a RS.
As much as it hurts I have written this off as a loss and a lesson. So much promise but such short sighted management.
Bingo. This stock is now officially garbage. Death spiral + silence from management = better off selling your positions and using the cash as toilet paper.
Medico is a terrible fucking CEO. Terrible. He should have hired an actual business person and made himself director of packaging since that seems to be the only thing he is focused on.
He may be right Tractor. Though unintentionally. Markets are looking for an excuse to rally and now they have it.
Some potential good news! Still early, but promising.
Chloroquine and Zinc combo treatment MAY be effective in treating the virus!
Zinc inhibits the Virus' ability to replicate and Chloroquine acts as a mechanism to get Zinc through the cell wall where it can have that effect.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2973827/
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4182877/
Would not be shocked to see this close between .048 and .052 today assuming no more catastrophic news comes out.
Before Corona I'd say no. With Corona and the after effects, absolutely. Economy will stall. Even without Corona, oil and gas is going to drag us down. Already starting layoffs and that will snowball.
People dont by CBD teas and coffees when they arent employed.
But good luck. I wish it wasn't so.
The odds of this recovering in any meaningful way are pretty much zero.
Poor CEO engagement in SP management coupled with the Black Swan of Corona have murdered this stock. Its unfortunate because it had promise and I was excited for the possibilities. But RM is a terrible CEO. Good product development guy, but awful at running a company.
I have written it off as a loss. Just the truth. It has fallen to far with no bids. Chart is broken.
Sorry folks. If you are going down with the ship, may you drown quickly.
Ch 11 shortly.