Replies to post #826 on NewAge Inc (fka NBEVQ) (NBEVQ)

[downthehatch]

by your definition of a Pump and Dump, all of the people who bought at .20 and .30 would be rushing to sell right now, since they have what is referred to as a "10 bagger"

BUT... that's clearly not happening. the stock has obviously strong support around $1.80, and while obviously some people with substantial gains are booking some profits, there is clearly no rush to the exits on this one.

I agree with what you said earlier about waiting to see, and waiting for some actual numbers. Why not just do that, rather than labelling a stock with genuine news, and real financing, and actual product moving off of shelves as a pump and dump? A couple of positive stories on seeking Alpha, and a few enthusiastic supporters on Ihub is not a pump and dump.

Calling this a pump and dump is just plain ridiculous.

I can point to a half dozen p and d's going on right now on other I-hub boards, but this just ain't one of them.

[joenatural]

So you think anyone buying the stock at $2.00 is a sucker ? Well I'm a sophisticated investor who bought 130K shares at .30 cents, bought more at .68-.70 and then bought most of the shares offered at $1.27 on the recent pullback. I could have easily sold up here, but I'm no dummy, as I see this area as very safe with potential for several more bags to the upside from here. This is the top of the 1st inning in my book and the valuation here is still silly IMO. I know another very sophisticated investor that owns 260K shares and he's not selling. He's a fundamentalist as I am and thus we think alike valuation wise. We both find ABRW by far the most compelling stock in the market today, yet both of us generally trade big board stocks. Once again, we'll have to agree to totally disagree on people buying the stock at $2.00 being labeled as suckers. I think people buying at $2.00 for the first time have a great chance to multiply their money several times ......

"Your claim that ABRW is not attempting to sell additional shares at this point is correct, but that doesn't mean that individuals who purchased shares at 20 or 30 cents wouldn't like investors to believe that they are worth substantially more than the current market price and sell those shares to the suckers who buy into that reasoning hook, line and sinker."

[takethemoneyrun]

If ABRW was a pump and dump as some are saying why would:
The largest shareholder not sell a share? Neil Fallon
The "professional pumpers" not sell a share? NUWA
The former owners of Bucha have not sold a share? BnR
The CEO doesn't even have ownership as of yet
Lebon brothers and Carney(Founder of Pizza Hut) wanted equity in the new company

This is all after the company has gone from a recent low of .20

You would think they would have run for the exits if they knew it was being pumped without merit.

Now who is doing the "pumping"?

I don't see writing SA articles as pumping unless they are saying x stock will rise 1000% because they might sign a deal with Apple in the next five years. The articles written outlined a very accretive acquisition that was pulled off by an OTC company 1/20th the size. It was done so with a very low interest bank loan with the largest commercial bank in the USA. The writers pointed out these facts and compared the financials that were reported by the company to come up with their thoughts on valuation. This is done everyday on SA both positively and negatively. Call it what you want but I see it as DD and not pumping. I seized the opportunity that was presented and own a substantial position with a .30 average. I do not plan on selling anytime soon.

Just my two cents