NewAge Inc (fka NBEVQ) (NBEVQ)

[faxedreceipts]

Momo on the long side at last for NBEV. The tide has turned and changed the risk-reward in favor for the longs. Joe Natural, from a recent Tweet, summarizes the world of danger our good friends are in:

$NBEV - If you're short 3 1/2 to 4 million shares and totally expected the L.O.C. to be toxic w/ terms similar to the recent temporary bridge loan (in other words, not a L.O.C. at all), you're now saying, "Oh shit" as you try and keep the stock in check while planning your exit.

JoeNatural @ChinaStockPro

$NBEV - If you're short 3 1/2 to 4 million shares and totally expected the L.O.C. to be toxic w/ terms similar to the recent temporary bridge loan (in other words, not a L.O.C. at all), you're now saying, "Oh shit" as you try and keep the stock in check while planning your exit.

— JoeNatural (@ChinaStockPro) August 15, 2018

1h