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Nahhh.....I still believe in history so I am going to have to pass on this excellent run. But I am certainly willing to admit I was wrong about this moving back down to the historical lows I am used to seeing. It never made it. I am happy to see everyone making their money though!
Let me be the first to say I missed this boat. Congrats to everyone that was in at the lower levels. I was waiting on it to go back down like it has in the past before I bought back. CONGRATS to all who bought early!
Many on here lately have considered me a "basher" which is totally incorrect.
This statement makes no sense to me. Where are you getting this from? Do you have an evidence to back this up? Why 10:1? Where did that number come from?
If you are using TD Ameritrade it has never allowed this stock to be traded on it's platform. Been that way for years
Congrats on the news Wesley. It's a good day to be an investor. Will be better on March 31st!
So again I ask you who is trying to manipulate the board with posts? And who is the one that is attacking other members?
You need to look in the mirror
That is a fair view. I can't argue with that. But unlike this other nut job, there has been no bashing or any posting telling people not to trade as if I am wrong. I just presented another side of the story from my long time here. Unfortunately, some decide that having another view point is unacceptable and means that you wish the worst for all others. But if you look at the posts between the two you will see who the true basher and pumper is. I never said a negative word about another member.
So would that mean you are any different than anyone else when you post all of this positive stuff? You aren't trying to "influence" people to buy? I gave historical facts period. I'm not trying to drive the stock up or down. I buy when it is at a low price and I sell when it is at a high price. Doesn't matter to me if it is now or a year from now. I'm not rubbing pennies together hoping that it falls my way so I can make a quick buck. I simply play it whenever it happens. My opinion is based on history and nothing more. And I haven't bashed a single person on here but I assure you that you cannot say the same thing.
Man you really actually believe that people with an opposite opinion of yours are doom and gloom and wishing you bad luck. This is exactly what is wrong with America right now. You can't be serious with that post.
I gotta admit even I am confused with this trading. Who dumps at .0055 when it clearly has people buying? This has to be someone trading off of converted shares
Congrats. Going to be interesting to see what the PPS does here. I'm rooting for you guys.
But this is good news if you really think about it. That just means this is severely undervalued and being manipulated. So obviously when you think it is at it's bottom you start buying more.
I think this company has great potential but for whatever reason the stock just gets manipulated. The way I see it is that if you buy this in the .002's you have two choices. 1. You take the profits when it hits the .008 area and are happy with that or you roll the dice and see if this is the actual time it lifts off.
I just don't think at this point in time buying at any level above that is justified until they prove differently. At some point though if this takes off I will miss the boat. Because I will sell off and it will continue to go up. It's a risk I take for sure for short term profits
Sorry ja. I know the feeling. But this will rise again. Make no mistake. Just a good chance for you to average down and reap bigger rewards in a couple of months
Ok. If you say so. I simply am trying to give you advice from several loses I have taken here before I learned the right way to play this. I'm sorry I don't want to see others make the same mistakes I did. That is so self-fullfilling of me.
Couldn't agree more. I tried explaining this 10 days before this latest drop on Friday. Now I will clearly state that this is going down further like I said before. It isn't rocket science. It is just how this stock (and many others in penny land) works.
We will end up in the low .002 range for a couple of months with little to no volume and all of a sudden this will skyrocket back into the .008 and possibly above range. Rinse and repeat.
But if you haven't lost a lot of money yet then yes that makes sense. If you can take a small loss and you believe that I am right then by all means that is the right decision. You can basically double your shares for the same investment. But that is only if you believe that I am going to be correct. Otherwise you play the other side and are buying now thinking that this is going to bounce back from here.
Not if you have already lost a significant percentage. It should be about dollars and cents.
Again, once it goes down to the .002's it will stay there for a significant amount of time. 6-8 weeks is around normal. So really I would say just try to find some extra cash to average down once it goes down there.
No because .003 is not the bottom. I don't buy in this stock until it hits .0025 or lower. Generally I try to wait until .002.
No matter what the PR or what the "Golden Cross" or "Silver Cups" or whatever else these charts say this always happens. It will continue on and continue on. Once we get to .002 there will be plenty of people telling you it is going to no bid and trips and all of that nonsense as well. It works both ways. Both sides of the equation are dead wrong. This isn't going to be worth nickles anytime soon and it isn't going to no bid.
Play the middles. Buy low, sell high. It's really easy
That's ridiculous. Umm no. I don't own a single share of this company. I sold weeks ago.
I hope everyone took profits before we got here. If not, just hold it. It is going to fall more but I assure you it will come back up in 6-8 weeks. Don't be dumb and sell for a loss because of the steep declines.
It's just the cycle of this stock. It isn't rocket science from my perspective. I mean think about it. What is more likely? The stock continues to have huge swings or a distribution deal in Alabama (20 miles from where I live) will take this over a penny?
And does anyone remember the India PR? Or the PR about the ex football player joining the board and becoming a brand ambassador?
That's not trying to say it doesn't have potential to someday be a consistent winner but it's just highly unlikely that happens anytime soon. It is much more likely you will see this drop and rise on big swings. And that is where you can make a great deal of money.
What is the hope when investing in any stock? Most people would be thrilled to double their money and you easily can with this stock a few times a year.
Thank you. I appreciate the understanding of my viewpoint. I simply am trying to give good advice off of my many years of beats from this stock. I now don't take losses here. Generally I find 50-100% gains every time I invest in KGKG and am very pleased with the results each time. Just thought I was giving everyone else my insight. Somehow that turned into me being a short trader and a basher.
To which I would ask who has ever and I mean ever met someone who can short penny stocks. Please tell me which trading platform gives you that opportunity.
That claim is one of the oldest myths in the industry. Somehow it never fails as a go to arguement
Thank you. I appreciate that!
I hate that you think this. I hate that anyone thinks I am trying to be negative with my evaluation. I honestly felt like I was trying to give good advice on how to make money on this ticker. By all means, for the 100th time, I hope this doesn't do what I expect it to do and I hope it goes to $1.00 per share and all of you get rich. I just don't believe that is what is going to happen based on my experience. I think this will do exactly as it has done for the past several years.
Man I really do wish you the best of fortune here. I hope I am wrong. But this is heading south in my opinion. You will see people slap the bid over the next several days and take it down to .0035 or lower. That is simply my opinion. Won't happen in one day but it will happen over a week or so.
I'm simply stating my experience with this ticker. That is all. If I am wrong I will be the first to congratulate everyone on success.
And good news is I have my post history to back up my claims. On 2-7-17 was my post in question and I stated that this would see .002 again before it saw .01 again. The open price that day was .0069 (which is the basic price now) and the close was at .005. Now if you want to manipulate the facts to make it sound the way you want it to sound that is fine. I can even see your curiousity surrounding if I am trying to push the share price down so I can buy in. That certainly happens on these boards.
However, you cannot find any statement I have made saying this would be down in the .002's or .003's by now. I will say I am surprised it isn't lower already but I will sit back and not comment anymore and we will see where the chips fall. Again, historical facts are that this is heading back down to that area. Maybe it won't. But my OPINION is that this will be sitting at .0035 or lower in the next 5-10 days. That is not bashing, I would consider that me trying to give my advice to anyone that might be interested in hearing from someone who has been in this ticker for a few years.
1. So tell me exactly how you short a penny stock. Do you have that option with your trading account? That is a common term used in which I have never seen anyone who actually has the ability to do it.
2. I gave you historical FACTS and my opinion is that this will be dropping soon.
3. It is nowhere near up 50% since my first comment go back and check. It is in fact down from .008
4. My prediction WAS and STILL is that this will be in the mid .3's within the next week to 10 days.
Same with you. I wish you luck and hope you do well.
Well that was a good job. That's exactly what I do except I don't hold any due to my belief that it will drop right back down. But glad to hear you got in low. I just hate to see anyone that bought up here take a bath.
I'm not a pumper or a basher. I am a normal guy who has a family and works in the marketing department for a manufacturing company. I have no affiliation with this company or any MM.
I just know the stock and have followed it closely for years and years. And have learned how to invest in it the right way due to being a believer for a long time.
They were in the trucking industry once and the other time they were a management firm I if I remember right. Look I get it. The product sounds nice and I live 20 miles from this distribution area they have opened up. I haven't seen any of the product in a store yet but I don't doubt there is.
The issue is not whether the product has potential or not. That means nothing honestly. What does matter is people that are buying up here at these levels and are thinking it is going to go up are wrong (at least historically). Again, it's very simple once you take a step back and look at it. The PPS stays on average around .003. That is fact. If you took a snap shot of a year that is what the average would be. However, like most stocks down here, it takes wild swings. And all I am saying is that this is playing out exactly like every other time it has. The bidding strategy and volume are both EXACT REPLICAS of every other time. So what will happen is you will see huge gaps in the bid and ask and soon someone will start slapping the bid at what you think is a ridiculous price. But it isn't because they are holding shares from the .002 dip that always occurs.
This will spend 1-2 months down in the .002-.003 range here soon and then come back up for a couple of weeks. That is how this works with this ticker. The right way to play this is to buy it down at those levels and set a 60 sell price that you like around .008 or so. But being sucked in to this is a "long-term" investment is the absolute wrong way to play this. And unfortunately if I am right then there are going to be a lot of disappointed shareholders here shortly that are buying at these levels. Because this won't sustain. It just won't
Man I hope for anyone's sake that is continuing to hold at these levels that I am. I am just telling you that this happens every 3-4 months here. Please take a look at my post history and see how long I have been on this board. YEARS! I know this stock. I know it better than anyone. Look at the bids vs. the ask. Look at the volume. This will be at .0045 or lower very soon. That is historically the fact.
Man I have lived in that same mentality on this stock for years. Seriously look at my post history and go back and see. I have been through I think 4 different ticker names. I have watched and watched with disbelief of the share price for years. However, after enough was enough for me I decided to make money on these swings. And that is now how I play this stock. It is a great stock to make money on make no mistake. However, you can't play it with the belief that this is ever going to amount to being a legitimate holding. This isn't Redbull and never will be. However you can certainly make 200% profits 4-5 times per year.
Good luck. I truly hope you do well as with all other investors here but I am here to tell you that .005 will be .035 in the coming days. That is fact. And from there it will see the mid to low .002 range for several weeks. Then we ride again!
I wish you all the luck in the world Wesley. But if you think this isn't going to see .003 again soon you are sadly mistaken. I have been the largest public shareholder of this stock on more than one occassion. Trust me I know this stock better than anyone period. This is a pattern that has history on it's side.
.003 is good but it will go lower. Generally it bottoms around .002 or so. And it will stay that way with very low volume for a month to six weeks. Honestly this is my go to money maker three to four times a year because I can buy on the extreme lows of .002 and always sell at a minimum of .006. But you have to be patient. And you cannot put any faith in the aspect of the company "taking off" because that isn't happening.
This is a penny stock that is no different than most of the others.
Let me assure you this is going to see .002 again before it sees .01. This isn't going back up. It is heading down. However, good news is in about 6 weeks it will skyrocket back up again and do this whole cycle all over.
This stock has done this for years now
Just taking a look here but wow there has been a tank job here for some time. Why hasn't this thing bounced at all or is it just a sham shell?
Very good to see you here. Glad you are investing. Hope others join
We clear that .004 level and I think it will be on
And when this one runs it won't run in .0001 ticks. There aren't enough shares on the market for that. It will take significant jumps as it goes.