Eastside Distilling, Inc. Announces Securities Purchase Agreement for Private PlacementOctober 26, 2021, 5:33 amPORTLAND, Ore., Oct. 25, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has entered into a securities purchase agreement for a private placement offering with Crater Lake Private Limited.Eastside Distilling (PRNewsfoto/Eastside Distilling, Inc.)Eastside Distilling (PRNewsfoto/Eastside Distilling, Inc.)Geoffrey Gwin, Chief Financial Officer commented, "We are excited about this partnership with Crater Lake Private Limited. This inves
I wrote about the importance of having the right mental mindset in order to enact a perfect execution strategy in investing. In this article, we’ll explore a little deeper about devising a game plan on Averaging Down as an investment strategy. Do note that the focus is primarily on fundamentals first, technical second. As such, as and when we find that there is sufficient value in the company, we will consider purchasing and will use technical to aid our entry and exit positions. Is Averaging Down an Effective Strategy: First, you need to have resources or what we often termed it as warchest. In an ideal world where we have unlimited warchest, that would be nice. In a real world, many of us have a limited resource. Our funds are likely to be limited and even so, we want to c