Digital Brands Group Inc (DBGI)

[KeepItRealistic]

“Just by coincidence after hours price climbed right at 2.89, just to allow exercise before the Q1 results?”

You think these funders give you $3.2 million in cash and resell at break even or for small profits ?

They will want at least 100%+ and will need to get it much higher than 2x to be able to sell 1 million shares at a VWAP over $6.26

You think the $557 million dollars in volume on February 13th was retail and actual real volume on a 1 million float ?

Of course not 😝

It was a hedge fund moving it up to sell much higher and a ton of wash trading

This will see $10 when the hedge funds are ready to sell their newly acquired $3.13 warrants …

These hedge funds are not in the business of holding shares in their books so they will want to Offload their shares fairly quickly (likely before end of month)