Reddit Posts
Reverse Split Question Pertaining to Acquisition
$BETS what is going on. Will there be a RS?
BLTHD...Fantastic Lithium Play for 2024...Tiny float...Ready for a Big Run
Is Robinhood playing games with my written calls on a RS stock?
$MIGI and $SING -- Watch these two stocks over the next two weeks
TCBP's CEO, Bryan Kobel's strategy revealed. He's a POS.
(People of r/pennystocks, unite!) $AGRI Could Be the One... #Bullish
How to determine the starting price of a triangular reverse merger? Are any current examples in the stock market?
How to determine the starting price of a triangular reverse merger? Are any current examples in the stock market?
$TCBP just got spicier with fake news today and more short positions taken today
$TWOH partners with Nasdaq Company $SMFL on Sports Illustrated line Protein Bars
$GVP - GSE SOLUTIONS - DD THREAD - UNDER 2 MIL FLOAT
What do you think Nvos ?
Anyone else playing $NHMD? It was up 400% for the month until a late sell-off this afternoon.
Penny stocks poised to become multi-baggers: TLRY, AVTX, BITF, and OLB
Rubicon Technologies Inc RBT Buy Shares For long play
T2 Biosystems' stock drops 40% in after-hours trading.
TTOO stock alert: A prominent investor just sold another 13 million shares.
Quarter over quarter revenues double at $GPOX. Signs distribution deal with $HPCO
$AMZN, a massive thick overhead but 2 weeks tight and hugging the 50DSMA. 93RS, 995comp rating, 1.4U/D, obvious fundamental story. This is not just actionable; it's very bullish for the general market. I am long in this name and currently my 2nd largest position.
$AMZN, a massive thick overhead but 2 weeks tight and hugging the 50DSMA. 93RS, 995comp rating, 1.4U/D, obvious fundamental story. This is not just actionable; it's very bullish for the general market. I am long in this name and currently my 2nd largest position.
GROM doing a 1-for-20 reverse split tomorrow, leaving a 452,219 share float.
Could someone help me understand reverse splits/dilution effect on market cap?
BRSH looking more and more bullish
WeWork falls another 11% after announcing a reverse stock split in order to maintain its NYSE listing.
Alert for the IDEX stock: Ideanomics receives a non-compliance notice
T2 Biosystems has jumped onto the Nasdaq extended and is aiming for the $1 milestone.
TRKA gets lawsuit over Membership Interest Purchase Agreement, extension on loan payments.
Is Mullen Automotive ($MULN) the most appealing penny stock?
When a small cap stock reverse splits, does the value almost always take an immediate beating?
When a small cap stock reverse splits, does the value almost always take an immediate beating?
$HYMC And The Curious Case Of The SHF Shills 🤔🤔🤔🤔🤔🤔🤔
BHG short squeeze? No being talked about.
#TRKA 40 percent swing after RS. Beginning of the squeeze? If BO or refinance announced 🌙
Fitch Places United States' 'AAA' on Rating Watch Negative
$BBIG - ORTEX after RS happened. Float has been reduced to 13m
Why JXJT makes the next candidate for TOP/MEGL like pop
BAOS 488k float—RS PLAY SOON—see my subreddit
$BBIG - Could it be played like $PEAR?
trading penny stocks is basically staying ahead of the current pumper strategies?
$OCTO up 33% premarket old $TYDE...RS 50 to 1
Every other short play is in the RED🔥NOT PXMD 🔥
FRGT- lots of potential? Worth the look?
Block ($SQ) stock shows improved market leadership and earns an 83 RS rating.
BBBY maybe on the road for another COSM scenario
Why Square ($SQ) can reach the "Holy Grail' of fintech companies
EPA Proposes Rule to Limit Forever Chemicals in Drinking Water BioLargo DD $BLGO - is Clean Water!! Clean Air, Cleaner Earth, and Much More. #PFAS
Anyone else in $SINT? We need to own the small float then it could go nuclear.
Toast Shows Improved Relative Strength; Still Shy Of Benchmark
Shopify Stock Trying To Close In On Key Technical Benchmark
TRKA CEO went full bull to trap shorts over long weekend to regain compliance
TRKA CEO went full Bull to use short squeeze ;)
GNS - Share Buyback and RS approved. Hamilton says they will not be doing a RS.
Another low float AI player. let's get it
$DGLY has 2.55 mil shares now and imminent news about free spinoff shares, it could get interesting quickly
$DGLY less than 3 million shares now and spinoff news due.. could get very interesting
REVB should be next RS squeezer, only 540k free float
CETY/CETYD is gonna make or break my portfolio in the next month
What color should i order my GT3 RS in? Also thinking about retiring early
ZOMEDICA DD Recent PT of $6 per share: Dawson James analyst Jason Kolbert initiates coverage on Zomedica (NYSE: ZOM) with a Buy rating and a price target of $6.00.The analyst comments “ Our valuation for ZOMEDICA is based on revenue projections out to 2030.
Mentions
Develop a system. Develop scanners YOU built, follow those scanners every single day, watch RSI and MACD, and don’t jump in positions that are going to dilute or do a RS unless you 1/ know this before entering or 2/ find out immediately! There is nothing wrong with being excited, a ticker is moving fast (those are the ones we actually want!), and there’s nothing actually wrong with just jumping in because you didn’t want to miss out. That’s how the biggest moves in the market happen. Keep thinking this and harness this mindset because the very last thing you want as a trader is analysis paralysis! Here is the key tho - if you do jump in and act on momentum and you then realize you know nothing about the ticker/company/position…stop everything you are doing and go research that ticker immediately. Yes, following tickers on Reddit is generally a horrible idea. But you can use the Reddit suggestions as a data collection tool to understand what is likely to get pumped. But you need to find you why they are getting pumped and it’s often very destructive to retail shareholders. So that begs the question, who are these accounts that pump stocks that are going to dilute and/or be very destructive to retail shareholders. I have found they aren’t innocent throw away accounts but a very coordinated effort likely by market makers to fuck us all over. I hope that last part was crystal clear enough (and any of you market makers throw away accounts - go fuck yourself!)
I went through ups, downs, RS and finally it moves. Volume is shit, but I'll take it.
I got in back in December @.06 with 1720 shares. After the RS I have 40 with a 3.05 avg.
Late to the party pal!! My avg for DRCT is 3.05. 💪🏾 Got in it before their RS.
If this is a good news, they wouldn't have done RS on 14th. As someone said, RS will keep it underperform.
I got 10000 shares of mten for the heck of it. I guess it could go lower but maybe before the RS there will be some volatility
I get why folls say this won’t reverse split because they believe it when the company said it, but I’ve heard that before. YieldMax said the same thing after the ULTY reverse split. They literally said they did not expect to do it again, ever. Then they did anyway, to several back to back. That experience makes it hard for me to take “we won’t RS” as anything more than intent, not a guarantee. I’m hopeful for PSTV and in around .29 holding 6500 myself. I just don’t understand the certainty some people have. On paper, yes, CNSide revenue, REYOBIQ potential, institutional names, all of that looks good. But lots of stocks look good on paper and still fail, or RS their way there. So genuine question for the bulls, what specifically makes you confident this one succeeds? Not just potential, but why you believe it actually plays out without dilution or an RS.
I re entered shortly before the RS for just over .4. been holding to see another catalyst or eps. If either goes well I'll add to the position, don't really monitor the stock right now other than to check for news daily
$PBM cancelled RS announcement today. $PFSA has a RS proposal on the vote for 1/27. Maybe some of these - low float stocks sorted by lowest RSI ;) https://preview.redd.it/u68jnhvyzreg1.png?width=1743&format=png&auto=webp&s=2436535e2d8e01b06e38acb199a4dbf760c36005
I’m just going to post reminders for people to short the fuck out of WHLR. 5+ fucking RS in a year.
Recent RS, no share dilution until early Feb, very low float, on Reg Sho list (heavily shorted and FTDs).
Full port into WHLR. I promise you won’t get screwed by a 6th RS this year.
They just had an RS… I’d stay away
I GUESS I HAVE TO SELL MY RS3 TO COVER MY LOSSES and drive a Corolla
I’m a second generation NATO veteran. I practically grew up in Brussels. As an adult, I would serve NATO directly. My father and I both spent significant portions of our careers at both SHAPE and NATO HQ and both as liason officers. I served in direct combat alongside and embedded with multiple NATOSOF units, including UKSF, Danish SOF, German SOF and several other NATO SOF units during multiple deployments to Afghanistan under ISAF/RS command. Needless to say, I know NATO inside and out. As does my father. Every single thing these MAGA/P2025 motherfuckers say about NATO are utter and complete, absolute motherfucking lies…bordering on treason. Whether it is Trump, Joe Rogan, Nick Fuentes, Tucker Carlson…they are either complete morons or lying through their fucking teeth. Ask yourself who benefits from a US withdrawal from NATO.
$NVNO (ennveno) has a very promising RS on Monday and will make the float less than 600k shares. They have enough cash for mid 2028, and such a low float. This is bound to mega spike at least for a little bit
Looks kinda solid after the RS
Scroll up! There’s a few! Also here’s one we’ll know by March or April! ATCH super cheap now ! If they pull off the bank merger and they get the platform they are working on up and running. Eventually they go boom. Even swing trading that crap on the 5-10% swings will double your money in a month or so! It’s strategy and no brains!🧠 lol! ASST. just finished their merger with SMLR. They will now own 12000 plus BTC! Incoming RS since merger just completed today! Wait for it! Everyone says RS no good! Hahaha! I think it’ll be a 20:1 split the available shares are going to drop from post merger of about a billion shares to 50 million. It’s going to pull back from all that are spooked in RS and then it’s going to slowly climb while it’s slowly climbing swing intraday every so may days on the swings of 5-10%. At least it has when it’s .95-1.05 on the daily/weekly. A few weeks of watching shorts buy and short that shit and making money on both side of the trade! You can double your money just on those swings! But if you can’t scroll: DRMA slow climb and supposedly going to pop with some volume! IBRX already moving get in premarket or after it drops on open. It may have more to run with the volume this week and calls that closed ITM today! But you do you! No guarantees and this is a casino NFA! ASST slow climb we’ll see where it is in another 6th the to a year!
Smart read on the RS ratio - if more warrants were outstanding they'd have gone higher than 20:1 to stay above $1. The 1.84M count is stale (pre-July issuance). Check for 8-K Item 3.02 filings for actual post-issuance numbers, or wait for next 10-Q. No S-3 shelf on file which is good - that's usually where the next surprise dilution comes from. The Founder Preferred shares for voting control without economic exposure is a common pattern with Chinese small caps though.
What about a RS in the near future though. Now trading at 0.60
Yeah i dont even really care if its getting eaten up. The whole thesis was the merger i have zero interest holding it until the spring especially when management can do a RS at any time. Without the merger its a shit stock.
Oriental Culture Holding Ltd (OCG) remains listed on Nasd, preserving full U.S. market access. Current share price is approximately $0.009 per share. Implied market capitalization is roughly $400k Trailing twelve month revenue is approximately $316k. Reported annual revenue for the most recent fiscal year was about $922k. The company has previously disclosed cash balances near $30.8M. Average daily trading volume frequently exceeds 20–300 million shares. Liquidity at this level enables rapid repricing when sentiment shifts. The 52-week high near $19.29 demonstrates historical volatility capacity. A move to $0.10 represents roughly a 10x return from current levels with no leverage. Dividend goes out post RS Use a search engine before hating.
What are everyone's thoughts on PAVS? Thinking of getting rid of it, but there's a lot of talk of a high SI. I just don't know if it's reported correctly with the RS recently
Why do you think it'll bounce before the RS?
Is anyone looking at ASBP for a temporary jump after the RS?
Lack of bullish interest... From a company fundamentals perspective at least. Since the investment interest is low, the stock can be manipulated with a very low input... Like 100-400 share influence. Pretty sure bulls are not selling with the 90% distribution of .71-7.13 which tells me most are holding tight to those bags. Scalping could be a consideration but the gains are not that great even in scalping terms. No, the low float and low daily volume tells me there are some out there who are shorting this and trying to keep it below .3 for at least until the end of the month. That is when the meeting hits where the board will vote on more dilution and authorizing a RS to be used at their discretion. Shorts will definitely be waiting on that news. After that, things tend to work their way naturally. But I have observed this can be manipulated either way. Just some things to consider I guess.
Reverse split will follow. PSTV has until May 11th to reach $1 or get delisted. That's not happening with what just went down. Expect a RS in the near future followed by more red IMHO. Not financial advice.
RS and then an immediate offering is typical, even though it's a slap in the face to shareholders that were around before the RS when publicly traded companies do a RS, it should be mandatory to limit management compensation if they do this move
Actually really good information. Not sure why it's getting downvoted unless it's regards holding high level bags ( >$2 ) If they RS, I wouldn't be surprised if any of this happens
It's in a unique situation. Legally they cannot RS right now. The authorized share increase does not mean immediate dilution. They just got a near million loan. They swapped debt for shares with Target Capital who also has warrants with an exercise price of $1. Actually most of the 11.8millon outstanding warrants are $1. The average is about $0.80. Also because of the safe harbor rule the company can buy/trade up to 12million shares daily with the volume it's been having. They've had increasing sales over the years and yes burning through cash which is typical for small caps and startups. This may not mean it's a good long term investment but it definitely is a worthy intraday trade/short term swing.
I would hold now if you are holding since RS
This going to 0.15$, before RS lol
ASBP: Hopefully, you all got out last week on that move up... Just RS and is crashing.
scammers at ASST announced a 1-20 reverse split. mfs will short the stock right after RS, mark my words
These are financed like this: Rs, the price goes up, they drop it below $1, they raise it again with another RS, they drop it again… look at the historical data. It's fine for speculation, but they should delist it from the Nasdaq already.
That came as a surprise. It will happen on the actual merger date with Semler but the date is not set in stone yet. I'm a little dissappointed Matt Cole didn't let the stock run before announcing the RS. I think the RS will ultimately be positive as it invites institutional investors to the table and lowers the float. The current float makes it so massive volume is needed to move the needle. Being in before institutional demand or BTC runs is still the best play imo. ASST price is dependent on BTC and i still find these valuations attractive but RS will introduce volatility, Mostly it's going to cause volatility short term as people decide if they want to stay in the stock through the RS but we saw yesterday how BTC's rally could counteract the fear when it rallied back over a dollar despite the large sell off initially (combined with a short attack I saw the shares available to borrow decrease rapidly). I don't think ASST will do further common stock dilution from here until the stock runs otherwise they could end up closing the door on those institutional investors. The CEO on X on the topic: [https://x.com/ColeMacro/status/2011173102357737964](https://x.com/ColeMacro/status/2011173102357737964) NFA, I'm cautiously optimistic on it but don't blame anyone who wants to exit and re-enter or wait to get in post RS.
1:220 RS coming + dividend 0.05$ per share which wont be much considering that insane ratio. and their turbocrap revenues. looks like they are trying to bait people into buying this shit
Pivot = cashburn Joint Venture = continued cashburn - in Nevada where GPUS would have the upper hand and is a stock that is heavily diluted...if they can't... Why not integrate said AI "Charter on Demand" service through a known AI SaaS? Financials 🚩 What I see is a pump into a dilution play then BHs yelling it takes money to make money. Follow this with 2 RS into a sell-off of assets in the spring of 27. Remind me in 1 year. I will buy one of their jets at auction.
It’s will go RS 101%! Unless they have major news - partnership with big pharma. The buyout rumours is very unlikely.
Whats your thoughts on the 1-20 RS? When is it coming????
$BOXL, $MIST, $RXT, $IVP, $AKAN, $MSAI, $PAPL, $HBIO Be very careful with $JTAI - major dilution and RS approved. https://www.sec.gov/Archives/edgar/data/1861622/000149315225029413/form8-k.htm
PSTV is behaving like a biotech stock still in trials but they will be announcing revenue from their cancer testing late March and then there’s no stopping them. ENLV is getting dumped by many early investors because of their decision to use RAIN tokens as their reserve currency, but it could work out really well and if Allocetra gets approved sky is the limit. Both are in danger of RS. No risk no reward. If you like penny stocks PYRGF is a terribly run company that could do pretty well if they line up enough contracts to grow their market cap it could snowball. They create plasma torches for myriad purposes.
Why is everyone freaking out about strive RS? To me it sounds like they are just doing it to attract institutional holders. Their bitcoin supply went up like 20 million in value today, never uncessary/unreasonable drop imo and its already showed in a 5% recovery that isn't a dead cat bounce.
Was fortunate to get in after RS. But i been there. I bought a ton of tnxp and it dropped 80%. Got screwed by excessively dilutive management. My reasoning is the delisting risk will prevent dilution over the next year. I learned the hard way alot of company managers dont give a f about their shareholders. Hoping luck will be on my side this time.
Zoinks the AKAN float is ridiculously small now after RS. Below 150k. This could move stupid
I expect them to do a RS sometime in March unless the things you have mentioned come to be The complete lack of communication and transparency from Joel is very concerning at this point
So VMAR is crashing rn due to the RS happening tomorrow. But the earnings they released today seem to be more positive than expected, anyone think it might spike after the split tomorrow?
ITP 16m float 175m assets 3.6m mc No cashless warrants No RS No Delist No dilution
I am still "dealing" with the mindset that crypto, specifically $BTC ledger companies, are pushing their debt loads to record levels, by extending the maximum shares in the companies charter, often changing the charter to issue more shares (some pushing into the billions)... it's a different way of running a company that the low float, don't issue shares BoD mentality. And on that, not super thrilled about hearing of the RS this morning either. I don't honestly mind the math of a RS (I mean, I'd love to have 1000 shares at $5 versus 50, duh!), but it's the price action of the stock after a RS announcement that should be halted imo.
I know this is lame and I will be downvoted - but in my defence - it was mentioned and discussed this morning - So we think there’s a slight chance OCG will be pumped 1-2 X between now and end of tomorrow before they RS? I feel discords will try to pump them - and I know Chinese Pennies sometimes blast before a RS
They've RS'd three times.2016 ,2018 and 2019 at 1:20, 1:30 and 1:50 respectively.
They announced 1-20 RS. Previously the CEO said they would do a share buy back after merger. Instead he fucked the shareholders after merger news to announce a RS. Just buy Strategy at this point..or actual BTC.
I smell an RS and offering
I've mentioned this a million times, and finally some people like Carbunc have noticed after constantly fearing an RS, they haven't even filed a meeting for a shareholder authorization for an RS (requires maybe a month) let alone be prepared for an actual RS which requires another 10 day notice for NASDAQ. It's quite clear the ATM they were doing was likely to shore up enough money to meet the $5mil stockholder's equity requirement for an extension. I've already said the financing offer they had in November would be almost worthless if they choose an RS too. I really do not understand why people keep parroting this RS nonsense. Might they do an RS in the upcoming future? Maybe. Is it for this deadline? No.
Just need a turbo S, 812 GTS, RS6, and a 2003 Toyota Tacoma
Lol the OP literally going to other subs posting his post. Gotta give him the determination to pump his bags and exit before he worries about a RS
You know, I sold.. because in my opinion. Why would a company do a RS right before good news. If the earnings were so good, the stock price couldve went to 1 dollar, now i get the feeling that they are afraid for delisting and therefore they secure a better stock price.. but it can also be good news ans squueze the fuck out after effective date.. we will know later this week..
It might be bullish that they announced the RS before earnings release but idk
I’d say stay out of VMAR. Nothing good comes from a RS. Remember the NXTT rug pull? RS on the 14 fyi, so maybe a few days of volume volatility
Yeah and normally news about earnings this week, could squeeze with low float after RS. Am I right?
I would have sold the minute I read the RS news
Should I hold my VMAR and hope for a squeeze after RS? Or is RS before earnings a bad sign?
There’s a RS on 1-16-26 I believe to keep it from going OTC
What made AKAN fly off of a RS? Will it cook again?
Possible this is a swing with a hit, no miss. Pretty unusual from a ticker that just underwent RS.
AKAN, just did a RS, has low float, with a little volume can rocket to 3.5
In also, I think this stock looks promising after the RS.
https://preview.redd.it/c1v7jvck9xcg1.jpeg?width=1014&format=pjpg&auto=webp&s=fbec21e65b786f059c256cec67906ee52b718ed9 EVTV - I’m happy VMAR - RS even more happy than me
Watching Premarket: **$AKAN** 1-5 RS, tiny float **$BARK** **$SXTC** ___ Still in **$SRXH** & **$BYND** mid term. **$TRAW** : still in Ph2 January
Not understanding anything about anything. Seriously. Learn your trading software. Like it’s the software you use at work. Find a broker that doesn’t jack you up every time you want to enter a risky position, a RS happens (E*Trade charges $38 per RS transaction), major slippage during PM/AH, and don’t try and day trade when you can’t even pick a long term winner. Oh, and do not follow Reddit! 🤣
Their stock is lower now than it was before the EMJX announcement (the only catalyst that even put this stock on the map). The market has spoken, and it does not care one bit their business developments. It seems pretty doomed to me for a long term hold. Daily swings for sure, but a long term hold is ultra high risk. Also, RS is almost certain. It's so rare for stocks to climb out of the sub .20 to hit $1.
They have shares upon shares they can dilute with. I got caught in it for a much bigger loss after the RS when no one could place buy orders on many trading platforms.
It checks the serial diluter and RS checkbox just like SMX for sure.
Alright did some more research. BOXL, reverse split on 22 December. low float under 1mil. Could be the next post-RS runner. Starting to come off RS lows, seeing elevated volume today. I'm bullish, pre-RS price was around $4 (accounting for split).
It's not really news. They RS to regain compliance, it was expected. I would imagine a violent run up and a violent dump but we'll see.
It’s the best pure play space stock there is left. $SIDU ripped, $MNTS did a RS and then ripped, $SATL is where it’s at. It was a better deal down near $1.25 tho.
KUST - just RS and has hype online, microfloat, potential to squeeze has done so in past SRXH - Eric Jackson play looking for on to .18-.19 but reading through filings first due to potential S-3 dilutions VIX - lots of tumultuous world events = market volatility = VIX goes up = selling calls goes BRRRR
PM Watchlist : **$RENX** **$AKAN** (RS soon/Massively shorted) 🚩 **$JTAI** **$SRXH**
Sorry .. will reduce 10 million to 2 million shares in the split .. here is the subscription service I follow on X from an excellent swing trader “$AKAN RS FYI: Toronto, Ontario--(Newsfile Corp. - January 8, 2026) - Akanda Corp. (NASDAQ: AKAN) (the "Company" or "Akanda"), today announced that it expects to implement a 1-for-5 reverse stock split of the Company's common shares effective January 12, 2026. Since then, the Board has determined to approve a reverse split within the 2-for-100 aggregate ratio approved by shareholders, by fixing the split ratio at 5:1, so that every five common shares of the Company would be automatically combined into one common share. This will reduce the number of outstanding common shares of the Company from approximately 10.1 million to approximately 2.0 million.”
Sorry .. will reduce 10 million to 2 million shares in the split .. here is the subscription service I follow on X from an excellent swing trader “$AKAN RS FYI: Toronto, Ontario--(Newsfile Corp. - January 8, 2026) - Akanda Corp. (NASDAQ: AKAN) (the "Company" or "Akanda"), today announced that it expects to implement a 1-for-5 reverse stock split of the Company's common shares effective January 12, 2026. Since then, the Board has determined to approve a reverse split within the 2-for-100 aggregate ratio approved by shareholders, by fixing the split ratio at 5:1, so that every five common shares of the Company would be automatically combined into one common share. This will reduce the number of outstanding common shares of the Company from approximately 10.1 million to approximately 2.0 million.”
OCG, with how this thing acts (complete scam) I'm holding, and then buying one last addition to my position before the RS next week. i think it can make a bogus run. it's already proven itself that way. it has traded a billion shares since dropping past .05 ... let's see if it holds .02 this week
You sold Hydrograph because it will take years and I don't dispute that between EPA approval, Texas facility buildout, scale of operations, etc yet they have potentially up to 75 customers including the US Army in the pipeline. Then you turnaround and reinvest in an even more speculate play on the OTC with a $30M market cap that's essentially worth nothing right now. Sure, you can essentially load the boat for $50-$100 and see what happens but I'm just trying to understand the logic here? I feel bad for totally hijacking this dudes DRTS thread. I missed the train on that one for sure, but biotech is so damn risky and I've been burned more than once. Still holding BCTX at a massive loss after getting RS.
ICON is booming off a RS
Russia can't even beat Ukraine. What are they going to start WW3 with? They can't launch an ICBM either, their test launches keep blowing up. https://en.wikipedia.org/wiki/RS-28_Sarmat
There is a weird share buyback program at a certain percentage of the closing price. Shareholders also recently approved both RS and a whole lot of dilution. I just ChatGPTed them
OCG at 0.021 book value 2.36 🎯 0.07 OCG time to fly AH WW https://preview.redd.it/0d3hpgmr6zbg1.jpeg?width=1273&format=pjpg&auto=webp&s=716202774842e3308e44d49b8a357adcd4be3985 🔥👀 SMX RS NEXT FRIDAY OCG at the bottom
OCG at 0.021 book value 2.36 🎯 0.07 OCG time to fly AH 🔥👀 SMX RS NEXT FRIDAY OCG at the bottom mega squeeze https://preview.redd.it/69yi9lo66zbg1.jpeg?width=1273&format=pjpg&auto=webp&s=3cc43e77d624251ff622bd790c14344020257741
$OCG at 0.021 book value 2.36 🎯 0.07 $OCG time to fly AH 🔥👀 $SMX RS NEXT FRIDAY $OCG at the bottom mega squeeze 👀 https://preview.redd.it/5zugxoyu5zbg1.jpeg?width=1273&format=pjpg&auto=webp&s=6cc4144cca03bbd88444cdad68fbecbe04f2a3dc
ELAB resistance at 6.3, price it closed at before the RS. We need enough volume to burst (which isn't much more than we have now).
Might want to look again to see how many available authorized shares they have available. ATM doesn’t mean total authorized shares. The last RS didn’t touch their charter or authorized capital equity shares. One of them back I want to say in 2020 or so reduced 120 milly to 90 milly authorized shares. So they are sitting on a ton that they could release with different traunches of ATM offerings. But if you know more, u do u. But the latest 14g filing is interesting. We’ll see what this procures.
Does it deserve to based off product value, current market cap, & outstanding shares? Yes. Can it do it fast enough to avoid the RS? That's the real question. A RS announcement will shatter momentum.