CHF Solutions, Inc (CHFS)

[savagess]

Same for me but this one seems to be hopeless. It lost all it's gains from yesterday plus more and yesterday was the only green day in about a dozen days. It's got to be dilution because I just can't understand what else it could be. Yes, the earnings report was ok as well. Even with the PO the share structure is rather small with only 36 million in the float before the PO. Volume is very light but even on heavy days the PPS just goes down. I don't know who else could be left selling? Very strange on this one. I saw the PO coming miles away and my main worry now is a reverse split.

It is struggling to stay above that .50 support level but it's not looking good.

[GREGG THE GREEK]

Good morning.

Almost everyone i've traded this year has done well after an offering.


And their earnings report was pretty good.


We shall see.


CHFS

[savagess]

Knew this would come, a no brainer and i mentioned it in past post(s) here. The good news is it didn't tank like they often do and actually has had it's best day in a can't remember how long. They often times go up after a PO and the .45 price is basically in line with where the price has bottom. If the GD DILUTION stops this could rise nicely. It's one of only 4 I have actually bought and held so far this year. They should finally turn a profit next earnings report. Hopefully it can get over $1 before it's too late and no reverse split.

[ClayTrader]

* * $CHFS Video Chart 08-19-2020 * *

Link to Video - click here to watch the technical chart video

[realfast95]

CHF Solutions Announces Pricing Of $12.5M Offering At $0.45/Unit

[savagess]

Well there is the public offering, not that it wasn't a no brainer! Funny thing is, they usually go up after a PO after an initial tank or drop. This didn't even tank or drop it is already so low with probable very little left holding it.

[savagess]

I bet is was a hell of allot more than that!

[Prinz18]

From June 30, up to today, dilution was 1.9m shares....

[savagess]

Just more fluff to keep the dilution going!

[Bunti]

BIG NEWS for $CHFS:
https://ir.chf-solutions.com/news-releases/news-release-details/chf-solutions-aquadex-products-granted-federal-supply-schedule

[Bunti]

$CHFS today there is a podcast, information tweeted in Twitter.

[jonsmile]

I sold it all

[savagess]

This thing could/could have gone up good but the dilution is relentless!

[jonsmile]

It did that a few days ago then crashed with earnings let’s hope it does it again

[Runners123]

Looks like it may run pasted a dollar

[jonsmile]

Is it me or is this moving up now in extended hours

[jonsmile]

I got stopped out good luck to all

[GREGG THE GREEK]

Having trouble seeing the P n D here...they are in over 200 hospitals in FL, they had solid earnings, they seem to be moving forward on several fronts....


Only thing that changed, for the time being, is the SP went down from the PM highs yesterday morning.





CHFS

[savagess]

No no let me just pop open a bottle of Dom Perignon and grab some shrimp! Up .51 in afters I can't decide, do I buy a new car or not!

[savagess]

.97 lol

[jonsmile]

.95

[jonsmile]

It’s .93

[savagess]

I did sell right at 7am but had trouble getting out and averaged out at around $1.25 I put a order in for 75% of those shares back at $1.10 witch I didn't even think it would probable fill. It filled and went back over $1.20 but then the sell off. I should have know better because I have seen this time and time again. I still ended up some on this but taking a hard hit on the $1.10 shares. I thought of averaging down at $1.00 and glad I didn't and now it is at .91

I think I will just hold what I got for now and see if it recovers. Not sure what the hell to think at this point. I know afters is just afters but the way it is going I can't help but expect a fair gap down just like the gap up today and yesterdays decent PM trading. If I am wrong then at least my account will look a bit better in the AM. lol

I couldn't believe how between 5-7am this was trading as high as $1.50 I figured I would get out at 7am for no less than $1.35

I can't see the selling currently going on now or in afters as too much "profit taking", you would think that was done earlier today. It seems it is huge DILUTION. I guess if you are going to do a reverse split than who cares if the PPS is below $1, just keep printing into the PUMP, the recent news and earnings report. Kinda seems like a no brainer to me.

Just gonna watch it close. GLTA

[jonsmile]

I guess we should of sold at 1.41 premarket today

[savagess]

Are you sure you are in the rite chat room? TOTAL Pump & Dump!

[ClayTrader]

* * $CHFS Video Chart 08-04-2020 * *

Link to Video - click here to watch the technical chart video

[jonsmile]

No dropping at all geez

[savagess]

Like I said, they are printing shares after shares. You would THINK they would ease off to stay over $1 or is a reverse split coming. I guess anything is better than a public or direct offering I guess, and hope that doesn't happen.

.9649 close, what a JOKE!

Dropping like a rock in afters.

[realfast95]

they need more, but when

Regarding our liquidity position, we used $3.3 million of cash in the quarter to finance our operations or $8.8 million for the first 6 months of the year, which is comparable to 2019. As previously announced, during the quarter, we announced the completion of 2 registered direct financing transactions for net proceeds of $3.5 million. Additionally, during the quarter, we received approximately $2 million in cash proceeds from the exercise of warrants. We ended the quarter with approximately $7.8 million in cash and cash equivalents and no debt.

https://seekingalpha.com/article/4364205-chf-solutions-inc-chfs-ceo-john-erb-on-q2-2020-results-earnings-call-transcript?page=3

[savagess]

Then when it goes under $1 witch is happening now, it trades at ridiculous fractions of a cent.

[savagess]

True many bought lower but I figured the selling pressure/profit taking would have dried up by now. Like you say, hopefully it will base out and start moving back up as many are in above the current price as well.

Struggling to stay at $1 is not to encouraging.

Maybe this current two hour game of ping pong is consolidation?

[GREGG THE GREEK]

Lots of folks loaded this lower...some much lower.


Just need to base here for a bit and we'll move again.

Still expecting some solid PRs...jmo


CHFS

[savagess]

Have made a tun on this since yesterday but it is getting diluted to hell. VWAP is $1.09 and RSI 40 and should not be trading this low. I was shocked when it fell under $1 Good earnings report did nothing and it even dropped after the report, probable dilution into the report who knows. Needing to stay above $1 you would think they would ease off the printing press a little but probable desperately need the money. Massive volume and it is at $1.02 totally ridiculous!

[GREGG THE GREEK]

Expect it turns around here soon enough.


CHFS

[jonsmile]

Don’t like it turning down but that happens sometime with earnings

[PhenixBleu]

34% increase in revenues from 8 hospitals.

[jonsmile]

Sweet it’s all exciting 2 bucks is coming

[PhenixBleu]

It's much more than the one study I linked. Google covid and cytokines. I've known about this challenging part of the CV for many months. I had no idea until this morning their tech can stop the flood of cytokines.

Their product has patent protection.

[jonsmile]

It's a study. Let’s not get to excited Company is piggybacking its product of of this THATS it


still a solid report

[PhenixBleu]

Today's news release that is posted on this board :)

[jonsmile]

What does this have to do
With CHFS?

[jonsmile]

Where did this come from ?

[sch100]

Picked up few yesterday

[MightySam]

Maybe Q3 will reflect the numbers i was hoping for. Nice earnings nonetheless.

[jonsmile]

CHFS
beat big time

[ROCKY LEDGE]

1.12. PM.

$CHFS

[PhenixBleu]

Submitted a patent application for an adaptation of Aquadex SmartFlow™ system to rapidly clear cytokines.

This is going to ensure additional product demand in treatment of CV.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7194613/

[GREGG THE GREEK]

CHFS $1.43....


CHFS

[GREGG THE GREEK]

Good morning ...CHFS 1.20s this pm.


Lovely.



CHFS

[Penny_God]

Blowout earnings coming tomorrow morning