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Re: BefallenKnight post# 10080

Thursday, 09/05/2019 8:40:37 PM

Thursday, September 05, 2019 8:40:37 PM

Post# of 11429
Well, I'll admit I don't look at many charts of those kinds of securities. Even today all the volume peaks corresponded to big price dips and bigger spreads. Short interest is declining somewhat. Just like with long shots, some people take the easier profits and move on. NBEV won't go bankrupt soon or fast...they have lots of capital to burn through, so the death spiral could last a long time and if a couple more bucks are shaved off the price it could take awhile compared to the last two or three. Next several quarters are going to seal the deal one way or the other. If theu can't make money with what the have CBD, just another SKU isn't going to make any difference. Long term, unless something very contrary or miraculous happens it looks like it's going to be lights out for NBEV and the bagholders.

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