written by reader Kona Red

By rollindherman, February 15, 2014

Any one have any thoughts or info on Kona Red KRED?

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6 years ago


👍 236
6 years ago

It is a classic pump and dump. It went up to $1.36 and is now down to about 0.70 and will probably continue a slow descent. The biggest indicator is the fact that a couple of weeks ago the volume was about 2 million/day. Now it is nearer 1/2 million and that will also continue to drop. Look at WTER to see what the usual path is for a pump and dump.

gregg ackertt
gregg ackertt
6 years ago
Reply to  aquadok

Yes and as of today the stock reached a further all time low of .41 cents! Buyer beware.

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