Digital Brands Group Inc (DBGI) Quote

Tomorrow is here - unfortunately for DBGI...

Sell the news peeps 🤷‍♂️

Shares down 10 cents in premarket though

$DBGI news

Austin, TX, July 31, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces a successful launch of its new DTC strategy. The new strategy focuses on driving significant customer value through discounts offered to customers who bundle multiple units in one purchase, which is referred to as “Build Your Own Bundle” or BYOB. Since launching this new BYOB strategy in mid-June, DSTLD has experienced a 144% increase in its orders. Additionally, DSTLD orders are up 400%+ when there are dedicated email campaigns featuring this BYOB promotion.

“Given the current inflationary environment, as well as the success of companies that have focused on creating discounted bundles, we tested this BYOB strategy with DSTLD. After seeing the terrific results, we believe this strategy can be applied to other brands, and even can be used to launch a new brand,” said Hil Davis, Chief Executive Officer of Digital Brands Group.

$DBGI chart looking good

MA50 $1.65
PSAR flip $1.77
RSI crossed 50
Accumulation moving up
MACD crossed up

https://schrts.co/GgPcrKYA

You think he was lying
I think not

Yep, Hil has a tendency to overpromise and underdeliver. Could Q2 be a turning point? I'll believe ot when I see the numbers, since he came out with a lame excuse to miss Q1 estimates

Chart reversal
https://schrts.co/GgPcrKYA

2nd green day

Slow & steady wins the race

C u tomorrow

Indeed… looks like reversal confirmation today 🤷‍♂️

I am still waiting for the $3.13 warrant holders to cash out at meaningful profits !

They are a greedy bunch and have all the resources to move a stock as per Feb 13th, 2024

I assume they need a catalyst to do so

Q2 results is certainly a catalyst me thinks 🤷‍♂️

You thinks have been very wrong for a very long time.

You are bound to be right eventfully....

$DBGI Q1 audio call below, Q2 just around the corner…

https://www.webcaster4.com/Player/Index?webcastId=50662&g=683578b5-ba57-47eb-8ebc-1b48c8af4d50&uid=7015504&sid=

We are down 50% since that call which means its a 100% gain just to return to that level and thats still below the warrants at $3.13 which have yet to enter the float it seems

Warrant holders will run this and they are a greedy bunch me thinks …

Bottom was $1.21
Reversal started me thinks
Next week going ⬆️ ⬆️ ⬆️

$DBGI CEO from Q1 call ⬇️

“In concluding, as we stated the company would achieve significant operating leverage as we lap the first year of our Sundry acquisition. We expect this operating leverage to continue throughout the year on higher revenues, which will increase the flow through to the net and operating income. Additionally, given our results and given what we expect to achieve in Q2, Q3 and Q4, the Board will continue to achieve strategic alternatives given the continued dislocation between Digital Brands Group public markets and the intrinsic value of the company's underlying assets and operating performance.

We have several options that we can pursue, all of which should increase shareholder value meaningfully. And we know based on inbound demand that are not -- what our Nasdaq shell is worth, which is significant. So we will continue to pursue this, especially like I said, as we know what Q2 is shaping up to be in what Q3 wholesale orders are, the strategic alternatives, the store, et cetera”

——————————————————

Now note the CEO already had visibility into 2/3rds of Q2 when he stated the above in the Q1 conference call and the pps was over 100% higher

Crazy bargain … at todays pps

$DBGI looking like a reversal has started 🤷‍♂️

$DBGI 🙏🏻 that yesterday $1.21 was bottom

Good question 🤷‍♂️

Where are the warrant holders - why aren't they supporting the stock?

Don't they want there money back?

Don't worry, the warrant holders want their money back, LOL!!!!!!!!!!!!!!!!

How about a buck?

$1.21 bottom ?

DBGI new 52 week low

Possibly

Lenders are shorting it down, knowing that the stock is illiquid at this time. Seen this movie 4 times in the last 2 years

New 52 week low WTF …

$DBGI looks like it wants to retest 52 week low of $1.31

$DBGI PSAR flipped down today 😢

$DBGI last 3 days …

Higher lows
Higher highs

Enough said …

$DBGI VWAP $1.87, HOD $2.129

Just warming up

Warrant holders at $3.13 break even play for large profits

February 13th 2.0 incoming me thinks

Fliptards playing for pennies 😝

Savvy will piggy back the warrant holders for the real money

Done

Good for you - you saved 35 cents.

$DBGI VWAP today $1.6207

https://ca.advfn.com/stock-market/NASDAQ/DBGI/stock-price

Churn day today

Uptrend resumes tomorrow me thinks

The $3.13 warrant holders are $3.2m in the hole and will be looking for multi bags from that level IMO

I can wait for them

I don’t trade off hours 😝

Was that you paying $1.90+ after hours yesterday?

Yep pretty sure

It's been itching for a long time and a lot of dollars!!!!!!!!!!!

10+ - yeah sure........

$DBGI itching to go …

Those $3.13 warrants must be burning a hole in their pockets

C u at $10+++ when they are ready

$DBGI chart turning …

Higher highs
Higher lows
PSAR has flipped
50ma at $2.01

https://schrts.co/GgPcrKYA

Thank you for the heads up.

I didn't have my seatbelt on, and I don't want to get hurt when this picks up momo.

DBGI LFG

LMFAO

$DBGI reversal into warrants $3.13 +++ has started

I do I for chits and giggles......

I don't know why I bother to even look here.

$DBGI VWAP today above $1.60 💪

Any small hits sends her

$DBGI starting its long overdue reversal

There might be life in this stock after all. Rumors on Q2 results or just a quiet day between 7/4 and the week end increasing volatilty? Next week will tell

🤷‍♂️

Wait

I thought Hil was going to put out a catalyst..........oh never mind............

For now until Hil puts out a catalyst

Q3 will certainly be a catalyst

We seem to be living in this $1.30-$1.40 for awhile......