NewAge Inc (fka NBEVQ) (NBEVQ)

[Run4Cover]

We all realize the excitement over any potential good news for this dog , but simmer down... The fact is that all that happened is that nbev agreed to spend more $ upfront on slotting fees than 3 other companies. It’s relatively easy to get listed when you overspend (a trait for this CEO and this company ). The key is “replenishment orders”. As we’ve seen with their last 2-3 “big listings”, they have very limited success in getting sufficient replenishment / re-orders.
So , enjoy the dead cat bounce and when you wake up from your hangover you’ll be shaking your head going “here we go again. And again”