NewAge Inc (fka NBEVQ) (NBEVQ)

[eneels01]

This is not a dead cat bounce. This is a breakout from the all-time high. The stock is worth at least $4, which is equivalent to a P/S ratio of 1.25, a valuation in the middle of REED and JSDA which are on unprofitable companies. Eventually, NBEV will attain a P/S ratio of 3 given Bucha growth of 40%.