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Best name on IHUB is back. Jack slapping asks today boys! Go KGKG!
Boom, love the Crowder reference on the end too nice haha! Go KGKG!
Lol no chance. It would have to blow through the 200 day AND majority of the float has traded over 5 cents and well above. Any of the major catalysts mentioned in the CEO Letter hit, and you are squeezed hard.
Stop shorting you already missed that boat. Retail shorters are the worst, because they have no clue what they are doing and jump on forums thinking they can scare those who already bailed or arent selling for years. Too funny. Go KGKG!
Just read the PRs as they often say how many storrs they have. Early on like 2 years ago, they announced even us small guys, but thats changed with Chris/Chad bringing in bigger distributors. The past few PRs have really been fantastic the size of the distributors they are getting. I recall some posting google maps photos of distributors.
Not necessarily, we never got a PR, only a menion by state (our distributor in WI). I believe us small distros need to execute further to be PR-able, which is great, yet another reason I love KGKG, no fluff.
Yup, cant wait. This months and years talk is laughable, we are in the dip right now, about to rip. Can see it on the chart every other month.
"Elev8 Coffee even grows your hair and cures cancer within minutes!" Lol
Doubt it, but could be Preferred C's converting. Once 8 support fell, and we saw that nasty red day last week, writing was on the wall for me for the short term. Anyone here long needs to chill, this isnt even a thing for you. Speaking of, looks like we lost another long today just looking at the volume and daily chart.
Nah dude, his strat is to buy high and sell low. Only criteria for his sells is if RSI is high lol go KGKG!
I promise you a limit order to sell at ask or just below will fill, they literally cant sell below your limit. Buys i know there is some wiggle but you toss up a buy at ask, it will slap, maybe get lucky and grab some just under ask, ASSUMING there is a sell below the ask the MM wants to fill, but fact remains there is selling occurring and MM can walk the ask back to the bid when volume is low like this since no one on the other end at the price. There is no conspiracy MM yipes going on though.
Nah, MMs can only do so much, its just people selling. Itll stop and turn around. Juat a tough month. Give it a couple of weeks and see where she is at.
Nope. 2017 nearly complete, and they've been doing 2018 all along, hence the yield last financials, they had to tweak something in the quarterly to comply with the new market. In fact same thing happened to VATE prior to their uplist. We are weeks away maybe, now that we have a full timer dedicated to the tail end of it.
Just think, they would have to miss targets all year to only do $1m. Think of the reorders alone, easily surpass that plus anything new. Going to get insane here.
Must have needed beer money, and those high RSIs were too scary for him on the breakout. Go KGKG!
Stop dreaming
I asked IR about this, they PR news not CEO Letters. The difference is that news is news, a CEO letter isnt news, its an update to shareholders about the company and plans to execute. I get you are tilted, but unless you need this money shortly, stop worrying, tons coming, we arent even 2 weeks into the year during the worst part of the trading season.
2 is wishful thinking dont you think? 200 day is 4 plus all these shares traded avove for the past 2 months. We may be at the bottom, should know more next week. Plus thats assuming no other upcoming catalysts hitting.
Agreed
They have no clue what they are talking about, I mean it is Hightimes we are talking about here. CBD in lower doses causes a calm alertness similar to when you are concentrating. The benefit to pairing with something psychoactive like caffeine is that CBD curbs the negatives of caffeines effects. Its actually a very nootropic combination, toss some raw cacao in there and then we are really talking natural smart pill.
Was it super earthy tasting that it was terrible? Maybe they used full spectrum, which is not what you want for a beverage. Im sure VATE will use isolate since its easier to mask.
Yes, twice actually, but not sharing publicly, lets move on. I realize its not necessarily a minor thing but lets move on.
Reads I'm sure, but not always responds or responds a week later, even to distributors, plus slow product launches, I truly think this isn't his primary job, that's the vibe I get, which is fine, he has staff now. These are minor things, so don't get so offensive, the key is that they have a great product and it will take off, end of story. Done with this topic, moving on. Keep the positive vibes.
No worries, I'm fine with what I have left in, hopefully add more when I can sell VATE. Should be a great year.
Yes I do. Market keeps changing, but Ive been playing it intermediate. I still believe in the company and love where its headed, im still bullish long term, hence leaving some skin the game... im also going to sell the sh*t out of some product this year. Couple deals fell theough due to stupid FDA statement scaring some potentials who were already out of their comfort zone to begin with. I dont think thats widespread, just how conservative people are here in WI.
I have this magical turd called VATE lol. In fairness its at the bottom and has no where else to go but up. Thinking of selling it off when it does its inevitable cyclical return to 6 or 7s, so i can add back to KGKG.
Exactly lol
As panzer would say, BOoooOooOoOoOooooM!!!! Go VATE train!
Fair point, though when that kind of stuff was happening with SLNN a few years ago, I remember a guy with a legal background watching the L2 and documenting to send to his lawyer to squash it, but I don't think he ever went through with it. He always encouraged us to all report it too, funny enough.
Well said sir. I for one am actually not stressed out by this today now that I'm now losing a ton every penny, I mean down sucks, losing hundreds is better than thousands/10's of thousands. I can't wait to see where this is after the major distro news hits, sponsorship, plus annual (usually comes with an update), and I still don't think we've seen hemp mania thanks to the FDA's GRAS status for CBD. They are moving towards adding it, which I think will squash the grey area for good and we'll see that spike we've been waiting for off that news alone. I'll probably be quieter for a bit, but I'll be back, going to try and check back once a week.
Anyone else see that 1m sell on the daily chart earlier? Seriously hope its not someone from here, you'd have to be insane to sell at this level, just look at the yearly, we are at or near the bottom, and VATE is cyclical, it will bounce back, christ some people are dim.
Its easy to blame MMs when shes down. The MMs can only flex the spread so much legally, there is actual selling occurring. No one is forcing anyone to bid low or sell low. It will pass, we just have to ride this out for now and/or sell on news. She always comes back, and too many positives going for them to stay down.
Lol you sure about that? See my post. Im one of them. I left some skin the game though. Our original problem is back, which is lack of visibility on PRs. Some hit Globenewswire while others dont, so you can have the greatest news in the world, but if no one but message boards sees it, who cares.
Also, the conpany is executing, and well, thats not our problem. Its visibility of our news and lack of interest right now. That will change with a big chain being closed and sponsorships.
I dropped all but 100k shares of my KGKG yesterday spread out as to not affect PPS, because i knew this was coming based on the horizontal downtrend the past month along with time of year, lack of impact and volume from news paired with the support breaking at 08 this week with those 2 nasty days. Dont need technical charts to guage that. You can get a good feel for where things are going when youve watched a stock long enough. It'll bounce back, but im not this for the long play any longer, ive done that already and have needs for the money i had in. Anyone long, should literally stop watching this for maybe a month and check back. If your trying to get out at this stage, its best to sell on news when the uplist hits here soonish.
Only invest what you can afford to lose. Who puts several $100k into a single stock on the Pink sheets, come on man...
Had a feeling we'd get the Upside Gap Three Method candle vs the bullish engulfing. Basically it means we arent seeing a bullish reversal, so this will trend back down until more news or other catalysts. We need hemp/CBD news to gain exposure with new investors, we need these pRs to hit GlobeNewswire consistently instead of here and there. Oh well, long term this is gold.
I also realize the FDA put the damper on the hemp mania even though their statement literally changes nothing that wasnt previously known. In fact, one could argue their statement as positive in the way that they actually made a point to mention the pathways to adding CBD to GRAS.
I also read a Vice article where they did a sit down with someone from the FDA and they said the FDA is setting up a meeting in the near future with stakeholders to do just that, get CBD added to GRAS, but also, that the FDA will continue to let CBD play in the grey market as long as false claims are not being made to sell it. People forget its always been this way in regards to the FDA's stance. People were so focused on getting hemp legalized federally, they forgot about the FDA until the FDA decided to flex and make their voice heard after the farm bill passed with the hemp provision, effectively killing our mania.. for now...
I really feel the bottom is in here, only way to go is up now, buy all you can and walk away until spring if you cant stand to watch day to day.
Agreed, cant get over how cheap this is. Basically guaranteed to double your money in the intermediate. I dont like the cyclical nature of how VATE trades compared to gems like KGKG, but I also realize a breakthrough is bound to happen here sooner than later thanks to the new products, growth, and major distribution deals in the works.
Great post. How did you come up with the 50x multiplier? I know it's a way to factor in growth, but why 50x and not 2x? Is the multiplier 50x for a 1 year outlook or 5 year outlook? I know these answers as I've been brought up to speed by Luho, but think it's important for people to understand these fundamentals as it pertains to our beautiful stock's PPS and value, and where it should be.
Hahahaha, Sochika cant help it, all the uber driving he does up in the Great Lakes. Just think, he could be selling tons of Kona instead of uber driving and talking trash on a forum where he has no position. Go KGKG!