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Death blow with yesterdays Toxic notes.
WISA did a r/s and stock ran about +400% today.
The announced a reverse split vote in the near future which obviously many people don’t like.. probably why it continues downward
I don't understand this share? It's only been going down for 4 days WITHOUT ANY COUNTER-MOVEMENT. Who does that? And what is their interest? NEWS was very good!
100% agree with you.
mega strong oversold / now button...... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174217974
the news is absolutely fantastic and $BSFC also went up by over 50%.....
but what happened then, that it went down from 0.16 to 0.097 is not explainable to me and is absolutely not logical.....
but maybe it is intended that way so that you could buy cheaply and from today on it will start to rise strongly (we will see, who knows)
imho
This market is rigged, and so is our gov, and this forum as well
hate em all
BREAKING, INSIDE THE FEDERAL RESERVE: Hidden Camera captures Principal Economist @federalreserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.” The influential agency responsible for maintaining a stable monetary system appears to not… pic.twitter.com/5CqZX2LhwT
— James O'Keefe (@JamesOKeefeIII) April 10, 2024
Highest volume in months and stock in red. They crank the printing at high speed.
QUICK SCALPS Cash Position
The company has -0.5 months of cash left based on quarterly cash burn of -$0.88M and estimated current cash of $-0.2M.
https://dilutiontracker.com/app/search/BSFC
Interesting statement....there was 14milly shares,7 days prior to your statement.....It's probably a bit more.now....
Yep...not a bad idea...this just caught my eye
Blue Star Foods Executes Transformational Master Service Agreement to Generate an Expected **$20 Million** Additional Revenue in 2024
https://www.globenewswire.com/news-release/2024/02/21/2832810/0/en/Blue-Star-Foods-Executes-Transformational-Master-Service-Agreement-to-Generate-an-Expected-20-Million-Additional-Revenue-in-2024.html
You happen to know how MANY shares are out now?
You realize how many shares are now out. This is one of the most diluted companies in America run by one of the dumbest guys I ever met.
Back when CDIO was below $1.00, I said it was a $2.00 stock. And it's now WHAT?????
I say BSFC is worth a MINIMUM of $1.00. We'll find out ...
Moon crew ran this to nearly $.40 before the 7 a.m. open this early morning according to the chart at right. Hmmmmmmmmmmmmmm ... ???
Was a good quick pop...Traded as I expexted
Yep, I've been out since my last post. I'll get back after I see where this lands.
20s was the top
Not for me I bought with stochastic rsi 0 on the monthly.... Dummies that buy when the stochastic is 100 that's their fault
Blue Star Foods Signed 2-Year Bid Award Purchase Agreement with Sysco Corporation
Lol, I love when someone takes a 2 week snapshot of a chart and comes to a positive conclusion. Chart is a disaster.
Charts my friend who cares if it's a turd
And like clockwork pop...Charts all I care about
Not the pop then I dump
Strictly playing the chart here...Oversold selling on da pump
I suppose the CEO is the dumbest CEO in the country. He should be fired.
Haven't read the fins...1hr 30min 15min 1min overbought.....bearish for a little while longer then a pop
PRE-14A Form issued after the market closed. Of course no one has read it because no one cares - it seems. So for those of you who don't want to read the endless wording of the form, I'll summarize it for the board: "We need more money for the company to keep operating."
(Assuming the upcoming earnings report won't be all that warm and fuzzy.)
You suppose he's taken out some toxic convertible loans?
Stoopid financing deals and probably mismanagement because of high inflation....QE 0 % interest made everything easy to finance...
I would guess you are wrong on that in that it has to be a bit embarrassing to him when trying to secure new distributors and they see what the share price is.
If I was a potential buyer/distributor, I would SERIOUSLY question the quality of product I was buying by looking at the share price. Doesn't hint of "Quality" seafood product to ME.
Maybe the CEO is selling the wrong species of seafood? Maybe mud carp to animal food manufactures would be more lucrative for him, suppose?
The CEO is a certified moron who doesn't give a hoot about the stock price.
Minus news of EXPANDED Walmart and/or Cosco distribution locations ... any run is going to be sold off quickly I have to believe. Can't imagine earnings is going to be all that rosey. The fact that this couldn't hold the $1.00 cutoff and a R/S was done earlier this year to get it above that mark ... I don't think folks have a lot of expectations of this getting BACK to the $1.00 without another R/S. Sad, because I think this company will do very well IN TIME.
I hope I'm wrong for faithful longs holding on.
Problem IS ... people are buying Spam instead of expensive sea food.
No volume they might tank it one more time before a run
It's already in oversold territory on my charts.
I like this at .05 .07 for an entry
Waiting for another 52 week low then 8ll buy for a flip...Not enough volume right now one more hard dip and the technical analysis will lined up to be oversold
Why has there been no share price rise in the last several days and NO NEWS? I think I might have the answer. A convertible note or two convertible notes are collecting. THINK about it:
Blue Star Foods Repays Convertible Note
Miami, FL, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC ) , an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that it has allocated $2,573,142 from its [recently closed equity raise on september 7 th ] to repay and terminate the largest of the three Convertible Notes outstanding to The Lind Partners to reduce total debt and improve the Company’s balance as it positions itself for future growth initiatives.
John Keeler, Chairman and CEO of Blue Star Foods, commented, “The Lind Partners has been a great financial partner that provided growth capital when we needed it to buy additional inventory and strengthen our balance sheet. With the largest Lind convertible note retired, Blue Star can use its operational cash flow to further advance on its SoftShell crab RAS farm new site in Beaufort, South Carolina”
A bout Blue Star Foods Corp . (N ASDAQ : BSFC )
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com
Investor Contacts:
investors@bluestarfoods.com
I know that BSFC shot up to $26 in premarket on Jan 21, 2022. Post 1/20 split would put that number at $520 today. I'll be averaging down from here thank you very much.
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