NewAge Inc (fka NBEVQ) (NBEVQ)

[Run4Cover]

The "slide" is a result of the recent conference call and the fallout from the lower than expected growth rate and reduced/changing run rate #'s / forecasts from the CEO. The stock has retreated over the past few months while the overall stock market has improved. Much is to do with the "irrational exuberance" resulting from the shiny objects (acquisitions and potential acquisitions , and visions of grandeur spouted by the CEO ("we're on track to be a $400mm revenue company " etc and pumpers trying to start a run up by falsely promoting interest from Coca-Cola etc. Not happening . This has resulted in the meteoric and unsubstantiated runup to $4.00