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Any thoughts on NBEV?

Posted on 7/10/20 at 4:02 pm
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/10/20 at 4:02 pm
I started a position today on technicals, but haven’t followed this stock. Does anyone own this one?
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 7/10/20 at 4:13 pm to
Maybe you should have asked before starting a position?
Posted by amusedmuse
Baton Rouge
Member since May 2020
48 posts
Posted on 7/10/20 at 4:27 pm to
I looked at that one this morning but I don't know enough to be comfortable buying in to it yet. I am curious if anyone else is familiar with it.
Posted by Clint Torres
Member since Oct 2011
2659 posts
Posted on 7/10/20 at 4:38 pm to
Didn't they lose something like a billion dollars on the Ballast Point acquisition?
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/10/20 at 4:42 pm to
I started a position technicals, but it didn’t hit my high or low sell. I Usually close all day trade positions at end of day(up a whopping $10 on nbev on 5k shares), but a little research made me hold on to this one. Just looking for others opinions who have followed it longer. I do not buy/sell based solely on others opinions. That would be irresponsible, and to think I wouldn't do proper research on anything I buy would reflect the characteristics of a new trader. I’ve been doing this over 20 years and was asking for input, not random comments.
This post was edited on 7/10/20 at 5:05 pm
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 7/10/20 at 6:38 pm to
quote:

Any thoughts on NBEV?

I started a position today on technicals, but haven’t followed this stock.

Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 7/10/20 at 8:05 pm to
quote:

but haven’t followed this stock


quote:

That would be irresponsible, and to think I wouldn't do proper research on anything I buy would reflect the characteristics of a new trader. I’ve been doing this over 20 years and was asking for input, not random comments.



This post was edited on 7/10/20 at 8:06 pm
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/10/20 at 8:22 pm to
As a technical trader, I make ~65k/year. It’s not enough to quit my day job, but enough to retire earlier in life. My technical strategy does not take financials into account as the stock is usually bought and sold in the same day (except my few core holdings which are fundamentally driven). I only asked for advice from those who may have been in/out this stock recently. I kept this one as
I read more on it and asked for opinions for those who have invested in it. Glad I could be of amusement to you guys. Let’s point and laugh at the chip! ??
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 7/10/20 at 8:33 pm to
quote:

Let’s point and laugh at the chip! ??


Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/10/20 at 8:43 pm to
Hey man, I said point and laugh, not just laugh!
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 7/10/20 at 8:45 pm to




That’s the best I can do on my phone
Posted by thejudge
Westlake, LA
Member since Sep 2009
14037 posts
Posted on 7/11/20 at 5:35 pm to
quote:

Let’s point and laugh at the chip! ?


You're a lays not a Pringle...
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 7/11/20 at 7:04 pm to
So what’s your strategy?
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/11/20 at 8:11 pm to
I’m holding right with a stop at 1.40. If it goes up Monday/Tuesday, I’ll raise my stop loss to my purchase price. If it rises more, I may put a trailing stop if enough profit is there.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 7/11/20 at 8:42 pm to
is someone pumping NBEV again? I haven't heard that name since i was following them making weed drinks in 2012... damn.
Posted by bass
Member since Oct 2016
3844 posts
Posted on 7/11/20 at 9:08 pm to
I once dabbled with this one back when cbd started going mainstream. Seems like all the profits were front-loaded into the possibility of cbd becoming legal, because when it actually did they (pot stocks) all started dropping. As for a turnaround, I’m having a tough time finding the tailwind.
Posted by jangalang
Member since Dec 2014
36264 posts
Posted on 7/11/20 at 10:05 pm to
Ask stocktwits. Every stock is to the moon.
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 7/20/20 at 7:00 pm to
Just sold after hours with over 100% profit in 11 days. Wish I could hit more like this.
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