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Hope everyone enjoys eating their sh*t sandwich. Don't worry, you can always wash it down with an ice-cold Celsius.
Hmmmm. Management tells shareholders that they are getting out of China to focus efforts on domestic sales and then they turnaround and buy another foreign company that has defaulted on their debt obligations and has a much bigger set of financial problems like flat to declining revenues. Talk about going from the frying pan into the fire. Looks like sub-$3 will be next. Watch the analysts downgrade this sick puppy soon.
Bend over and grab your ankles, boys & girls. Do shareholders get a jar of Vaseline to go along with the dilution?
No relief in sight for the longs. Could we see a drop into the low $3's again? Anything is possible for Smellsius.
Looks similar to rearranging the chairs on the deck of the Titanic
Down and down and down she goes, where she stops nobody knows.
CELH got torpedoed by the shorts again today.
Down over 30% in just the past month.
Like rats leaving a sinking ship. If this is what happens when there is good news, I would hate to see what happens when there is bad news. Adding to the list of bagholders today.
BFD. The stock is tanking on this news.
CELH is creating a new investment category --- submerging growth.
Now below $4.00. What a POS.
So what good is all this great fundamental news if the stock price goes nowhere (or even down for that matter)? Where is management? What are they doing to combat the stranglehold that the shorts have on this company? It seems that the CEO could care less about the price of the stock. WTF? This is total BS.
Now bleeding like a stuck pig.
This dog has fleas.
Why didn't any of the analysts reiterate their buy ratings on CELH? The market doesn't seem to be very impressed with the Q2 results. The stock is down over 6%.
CELH = Can't Even Levitate Higher
CBD = Creating Bagholders Daily
CBD = Can't Be Done
This stock is a slug. It can't get out of its own way.
It looks like they fell far short of your $20 million number. I told you to be prepared for a disappointment. The longs had better hope that the analysts are not disappointed in these numbers, or this stock will tank. The shorts aren't likely to be covering anytime soon.
Bullshit. What a friggin' joke this is.
What a POS. This turd will be circling the bowl soon.
Not much buying ahead of tomorrow's ER. Disappointing numbers ahead?
You can spin this narrative all you want, but the reality is that the stock market is going much lower and so are the majority of stocks including Celsius. BTW, tariffs were never an issue for CELH, so that is, and always has been, a non-starter.
It's already going lower along with the market. No reason to think that will not continue, especially if investors get margin calls on other stocks and need to raise cash.
Earnings warning? What are you talking about? The company never said anything about expected Q2 earnings? Please provide support for that ridiculous statement. Besides there is no such thing as a warning of better than expected numbers. Warnings always address a earnings shortfall. ROTFLMAO.
Well, then, I guess that you are about to become one disappointed CELH shareholder. A $20 million revenue number in Q2 would be an increase of 122% from the same quarter in 2018. That ain't gonna happen. No way, Jose. The fact that the stock has failed to gain momentum ahead of the ER tells you all you need to know. Why do you think the shorts dominate the trading here? The only thing that CELH is good at is cretraing more bagholders.
More bagholders added today. That headfake above $5.00 appears to have been a sucker's rally. Shorts still won't cover.
Big fade into the close.
Nice move in price, but volume isn't very convincing. Another head fake?
BFD. That is meaningless, since someone else had to sell them their shares. That means someone isn't a believer. The shorts aren't believers either. Keep drinking the Kool-Aid. ROTFLMAO.
That's not saying much for a stock with three analysts touting it as a buy with an $8+ price target.
This is NOT good news for CELH:
https://www.cspdailynews.com/beverages/performance-energy-drink-segment-heats
Neither is this:
https://www.verywellhealth.com/energy-drinks-effect-on-kidneys-and-health-2085792
This stock needs Viagra to stay up.
Guess what? 30,000 shares just showed up on the ask at $4.65. Probably a day trader who got sucked into yesterday's rally trying to salvage what he can. Path of least resistance is clearly lower. Red Bull gives you wings, Celsius gives you tax losses.
CELH fizzles again as the shorts continue to dominate the trading activity. With far too many shares waiting to be fed into the bid (see Level 2) I doubt the shares will get to $5 this week. JMHO.
No follow through, as expected. Bid is dropping. Party's over.
The typical pattern for this stock is that it has always been a one day wonder, only to fall back down over the next few days following a significant move higher. When will it finally show some follow through? If we see that, perhaps the shorts will begin to cover. Otherwise, the rally will fizzle again.
Even a fluff press release can't help this stock.