Kona Gold Beverage Inc (KGKG)

[Christian3886]

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