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Today's $CELH news met with a big yawn.
http://ih.advfn.com/p.php?pid=nmona&article=68505276
That all depends on whether the news is good or bad.
<<The only reason that the shorts are "ruling the roost" right now is that they are taking advantage of the extremely low volume and as soon as any decent news comes out, those shorts will be history!>>
Nope. The short-sellers appear to have a strong conviction that the price is headed much lower.
<<Though this is for trades made on or before 8/11, 2 weeks ago, when CELH was still in the $2.30 range. I suspect you'll see some covering at the next report.>>
Latest $CELH short interest figures.
Down less than 1% from where they were in mid-August.
http://otce.finra.org/ESI
Type in the symbol $CELH
The hype premium is slowly being taken out of $CELH, as investors finally realize that the stock is overvalued.
Buyers have disappeared. There are only stuckholders left who don't want to sell for a loss.
Tic-toc. Tic-toc.
$CELH had solid support at the $2.00 level. Now that the $2.00 support line has been violated, it has become resistance.
Notice how $CELH is having difficulty getting back over $2.00.
We think a move down to the $1.50 level (next support) may be in the cards.
Ignore T/A at your own peril.
When investing in $CELH, we've hammered home the importance of understanding valuation.
As this Seeking Alpha article states "Valuation clearly matters, in fact, valuation matters a lot".
http://seekingalpha.com/article/3475646-understanding-fair-valuation-a-common-sense-approach-to-long-term-investing-success
This board reflects reality, not wishful thinking.
LOL. Shooting up to $2.80? It looks more like its been falling from the peak at $3.55 to us.
If the Q2 report was so good, it should have taken out the old high from the April-May run.
Lower highs and lower lows is what we are seeing. Never a good sign.
In our opinion, this company has more problems beneath the surface which will keep buyers at bay.
Our internal forecast is currently at $20-23 million.
We brought down the numbers from our original projection of $22-25 million after disappointing Q2 results.
The $18.5 million number that you are referring to is the current annualized run-rate based on Q1 & Q2 revenues.
When investing in stocks, price is the ultimate arbitrator. The fact that you think $CELH belongs at $2.50 means absolutely nothing.
<<then it will pop back up to $2.50, where it belongs!>>
$CELH drifting towards the $1.50 support level.
The question is will it stop there?
We doubt it. If they are growing so fast, why have sales plateaued at $4.6 million for the last three quarters?
The pumpers have no good answers.
Keep drinking the Kool-Aid.
First they compared $CELH to Monster Beverage.
Now they are comparing it to Netflix.
http://finance.yahoo.com/mbview/threadview/?&bn=d31a11e0-3728-3310-9623-2dcee05ebae3&tid=1440940665094-33e407f0-3b47-49e2-b02b-4d05a6d86eea&tls=la%2Cd%2C0%2C3
Amateurs. Too funny.
$CELH faces challenging conditions in both Brazil & China.
The Brazilian stock market is down 54% in the past 12 months. The China stock market is crashing. Both currencies are under pressure and are being devalued. Commodity prices are collapsing which will negatively impact the Brazilian economy even more.
Don't make the same mistake that the amateurs, on the stock message boards, are making by ignoring the macro-economic fundamentals.
How are people in Brazil & China going to afford a high-priced energy drink?
$CELH International prospects are diminishing
Things are getting much worse in Brazil
http://www.economist.com/news/americas/21662724-ranks-disgruntled-brazilians-are-groiwing-another-big-decline-gdp?fsrc=scn/tw/te/bl/ed/anotherbigdeclineingdp
And China.....Fuggedaboutit !!!
We will provide any updates, if and when appropriate, on our Goggle blog.
http://altitradepartners.blogspot.com
We are not being coy with our opinion. We have clearly stated that we believe that the stock is overvalued.
We continue to hold the opinion that it is overvalued, but we believe that some extraneous factors may soon come into play, which could totally change the dynamics here.
There may be more here than meets the eye. Stay tuned.
Why $100 million? They would only need to take out the 9.8 million (approx.) shares in the public float. They could probably get that done for a song.
Everything else is in the hands of the insiders, who could then agree to go private.
They don't need to tap the public markets for capital. Not with the heavy hitters that they have on board. They could fund the company privately and keep all the equity for themselves.
Plus they would have to eventually move to another exchange, and become an SEC reporting company to even have a chance at raising public funds.
Auditing fees, exchange fees, reporting requirements (10-Q's, 10-K's, 8-K's) all cost additional monies. Is it worth it?
We disagree. Carl never wanted to take the company private because he had a lot of friends who were invested in CELH.
With the recent run-up in price, we'd be willing to bet that many of those people are now gone.
Also, CDS no longer has a 52% majority stake in CELH, so the company is really not in their control any longer.
Kezzek, what are your thoughts about the possibility of CELH management taking the company private?
$CELH short interest little changed from previous levels.
Type in the symbol CELH in the appropriate box to view.
http://otce.finra.org/ESI
Somebody must be convinced that we are heading much lower.
The pump-monkeys are trying their best to get the price of $CELH back over $2.00.
While they may succeed in the short-run, the price will ultimately gravitate back towards it's valuation level.
We would sell into any strength.
The Yahoo pump-monkeys are trying to keep CELH from falling into the abyss.
Critical support broken today at the $2.00 level. China is catatonic. Brazil is a bust.
Any other questions?
Another ugly day for $CELH.
Down volume was almost 5X greater than up volume:
http://ih.advfn.com/stock-market/USOTC/celsius-holdings-inc-pc-CELH/trades
Good call. We think we could see $1.50 in the not so distant future. There are too many stuckholders who bought on the hype, and no buyers now that the "fantasy fascination" has run its course.
There are very few bids on Level 2, so there aren't many buyers to catch CELH if it falls hard.
Time to get real on this one.
Transcript of the $CELH Q2 Conference Call Here
http://seekingalpha.com/article/3443146-celsius-holdings-inc-q2-conference-call-transcript
We had a conversation with these folks earlier this morning. It looks like we've finally convinced them to take some profits.
A sea of red today for $CELH.
Buy volume was 2,826 shares.
Sell volume was 94,055 shares.
http://ih.advfn.com/stock-market/USOTC/celsius-holdings-inc-pc-CELH/trades
If it wasn't for the few hundred shares used to paint the tape near the close it would have looked much worse.
A lot of shares hitting the bid today.
http://ih.advfn.com/stock-market/USOTC/celsius-holdings-inc-pc-CELH/trades
More coming?
We are lowering our 2015 forecast for $CELH
http://ih.advfn.com/p.php?pid=nmona&article=68194229
"The downtrend seems secure and the bears are confident and happy. The current price levels demonstrate the wisdom of our previous SELL signal. You may wait on the sidelines, or consider other securities for a bullish bet."
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=CELH
Another negative for $CELH as Brazil is imploding
http://money.cnn.com/2015/08/13/news/economy/brazil-economy-recession/index.html