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Re: BOOOOOM post# 88710

Wednesday, 05/08/2019 5:55:22 PM

Wednesday, May 08, 2019 5:55:22 PM

Post# of 121627
Tbh, its dilution. MMs getting the top dollar for their client (KGKG). Until they are done it will keep doing this. I estimate about 100m in dilution so far, so they may be close to done, meaning it will drop like a brick here soon when that volume falls off and no more shares to convert/issue, or Q1 hits and people see she isnt a $100m+ market cap yet. That's my personal short term analysis.

For long term, it's going to the moon. Really depends on the play you are trying to make. This will be a national brand by end of year, and who know what deals come with that. Exciting times at Kona, but people need to keep their heads, be realistic, its OK to take gains, because the days she drops, its never fun to watch gains disappear. Sentiment on the board will change. I'd wait for the dip at this stage, if you plan to hold the position for even a little bit. This is just a preview of where she will be stable in a month or 2 :)
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  • 1M
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  • 1Y
  • 5Y
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