Kona Gold Beverage Inc (KGKG)

[Hippd]

A 200 mil market cap for a company that has 250k for the last quarter in sales is absolutely nuts. Heck my small rental company would be worth 50 million dollars if that was the case. I am Not Saying this stock will go down or up. I'm just trying to figure out why this thing is so diluted and why the market cap is massively overvalued atm.

I do see they are adding stores left and right, i like the product, nice packaging, hemp is a hot sector and will only get hotter and if they can get major supply deals this could explode. But and big it always goes back to the dilution. I will keeping on an eye on this one. Volume is increasing which means a run might be coming. This stock excites me but also scares me. I'll be on the sidelines watching. Good luck to all.

I also see a lot of games on Level 2 with this one. One minute there is 1 million shares on the ask in a half cent range, then it gets nibbled at and it drops then to about 300k. The fake Asks alot of times indicates the stock will move up and they try to hold it as long as they can before the uptrend is inevitable. I see it all the time. Anyways.