Celsius Holdings Inc (CELH)

[Toxic Avenger]

I'd say 10/90 on the "good news" front.
It definitely bounced the stock a little, but volume is still pretty low (in absolute terms, relatively, it picked up a lot).

I expect a few came in looking for a quick gain. Some will win on that bet, most will lose.

The company is a "no info" pinkie now, controlled and owned by Carl DeSantis. What I think you'll see is occasional attempts to flip the stock, but not enough interest and hence volume to see the stock do much over the long haul.

They now owe $4.5 million to CD and have $130k in cash. They lost $700k last quarter and that's before hiring an expensive PR firm and 3 senior execs. Meanwhile, the market cap is around $6 million.

There may be a "run" on small volume, but I'd be careful of getting sucked into a position that will be hard to sell at a profit, or perhaps at all.

GLTA.