InteractiveSwingTrading

Insider Buys or Not, It'll Always Be NBEV.

NASDAQ:NBEV   NEWAGE INC
Doubling at the close. Looking to bump out. It's a POS

Comments

Does it look like a double bottom to me? Maybe time to pick up some more shares? it should definitely break the trend...
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@arlind30, Are you in it?
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arlind30 InteractiveSwingTrading
@InteractiveSwingTrading, yes. been in it since picked shares up around 6.70ish.... i like the company and the products they sell..
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@arlind30, Yeah the chart and those insider buys could indicate that the price is due for a rally soon, but they just keep losing money so investors are probably worried that investing in this company could pose huge risks. Also, people are probably slightly fed up after having their hopes crushed on so many different occasions lol.
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