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Sorry replace short with bearish in last post
I'm just giving a theory as to why it's been mostly down and not up even with healthy volume. Makes zero sense unless it's been diluted. That makes the most sense to me. It's been way too short for it to last this long.
Just my opinion. I'm still long.
It has had a healthy volume day with 21 million yet still landed even?
They may only be interested in cash
I bet there has been dilution last quarter to pay for this deal and is why KGKG has been sideways instead of up the last two months.
Just when you think we've hit the floor.....
Thanks for confirming my suspicions. I'm still long here.
I'm holding despite my discovery because I know it will be in dollars some time next year
If I recall correctly the outstanding shares was around 475mil back in early November and now it's more...
Don't mean to sound negative but looks as if KGKG was diluted a little after the .12 rise which explains the drop
I'm keeping an eye out and digging. The volume indicates there may be some buyout or something. That's what I think it's happening anyways. This can easily reach .001 I'd that is the case.
Must be a buyout taking place for the volume to spike all the sudden.
Why is this a strong buy with zero assets and activity?
I'm here now... Not sure what's up with this company though
According to my 1 month chart , the next green candle will go well above .14
Was it an all or nothing bid? Maybe the Mm's were trading shares.
Wow, anyone lucky enough to grab sub 11s? Very fortunate consolidation. Probably miss out on a few minutes.
Is there an explanation as to why another ticker other than VATE has news that's posted on this board?
It's foolish to sell or not get in now while it's still low. A big bottling company can announce interest in KGKG and then it will be well into the dollars and too late if you're not in.
Might as well walk those bids up to a quarter because I'm not selling before then.
Agreed. This is setting up to go to at least .12 today if not more imo.
Small dip and tightening of bid ask before next leg up.
Well it's the AM..... Trading sideways on positive news.....
Very risky not to cover any short positions right before quarterly statement. I'm shocked this isn't will above a dollar with how much that was shorted.
I would think there would be much more upward action with an update around the corner and being oversold.
Not many posting here. Is the enthusiasm dead here? This can easily bounce back up for a 50 to 300% gain.
I feel better knowing my average is .0485 and we're well above that on the bid. I'm still holding until dimes and beyond.
VATE had a PR out today and since KGKG has some shares, should go up with them.
Bye bye to all the shorts here! Or is that buy buy...
Nite wall is gone!
You're making stuff up without any proof or did. If you say the proof is in the numbers then what will you say when the bid is .06?
You don't know there is dilution.
If you do, prove it.
Wish that 1.39 Mil ask wall was on the bid instead.....
Short sale wall by NITE. Guess someone doesn't like that it's going UP. Wonder who that is..
He can't. Here's just here to bring it down just like any other short trader wants to do to buy low or cover. He'll disappear once this is in the quarters and up range. It will never go down to a penny like he claims.
Dr Pepper or Pepsi could still. Coke has no plans now, but it just means they may not be the first to get in on cannabis drinks.
Triggers say extreme buy. Short term says sell. So go ahead and sell. If you shorted then good luck buying it lower than .04.
I could see .08 easily today. Hoping for much higher but .08 is realistic with the distribution news.
This isn't a pump. This is a product that has interest from big companies and is being demoed at my Costco. Call it what you want but you're not being truthful to yourself if you think it's a pump and dump.
Im shocked this board isn't lit up after the Chapter 11 news
0058 should be a good re-entry for those who missed the first round