Cardio Diagnostics Holdings Inc (CDIO)

[Whalatane]

RMB. based on the 8K filings after the close .....this looks like a classic ( sorry to say and I may well be wrong ) ...a classic pump and dump.
The pump is their " breakthrough " diagnostic blood test being published ....and now looking at the proxy card ... they want to issue a lot more shares .
They need the cash ...so issuing shares will get them the cash ...but dilute existing shareholders .
Of course this notice comes out after the close , right before Thanksgiving ...classic
No position
Kiwi

[TheFinalCD]

https://ih.advfn.com/stock-market/NASDAQ/cardio-diagnostics-CDIO/stock-news/92635464/form-defa14a-additional-definitive-proxy-solicit

[rosemountbomber]

Thanks Kiwi

[Hercules1]

Dip is over.

Next stop: $3

[Whalatane]

RMB. a little light reading for U..:--)
https://www.jacc.org/doi/10.1016/j.jacc.2020.07.001
https://www.jacc.org/doi/10.1016/j.jacc.2020.06.061

Kiwi

[Whalatane]

Hi RMB It appears to me based on the filings I've read / scanned ...that HSCS now has more cash on hand then CDIO.
Both have major challenges .
CDIO's blood test is still $350 a pop and unlikely to be covered by insurance . This is my understanding anyway based on the view of Dew ( biotech values ) re insurance coverage for new diagnostics .
I don't have a position in CDIO as I think its a huge momo play .
HSCS was on deaths door about to be delisted and have just announced via an 8K receiving $6m which apparently brings them in to SEC compliance ...at least for now. HSCS 's technology was developed at the Icahn School of Medicine and the inventors hold positions in the stock. Much rests on FDA guidance re path to approval .
Both are hugely speculative .
I'm surprised at how far and how fast CDIO has run given the limited amount of cash on hand they seem to have and IMHO limited chances of their blood test ever being covered by insurance .
Huge vol in HSCS today
Happy Thanksgiving
Kiwi

[rosemountbomber]

Kiwi. Where do you see this heading? CDiO I mean as it seems they are considerably ahead of HSCS.

[Whalatane]

Hi North. Is HSCS the new CDIO ? Huge vol in HSCS today after Co disclosed new financing .
Believe HSCS now has more cash on hand now then CDIO
Happy Thanksgiving
Kiwi

[saigai]

waiting on a billion dollar cap... eventually

[Bud-Wiser]

GM $CDIO -$3 today ?

[Hercules1]

Looks like it is going after $3 today.

[ipo_dude]

???

[ipo_dude]

Its coming

[Hercules1]

$4 is certainly possible.

[Hercules1]

This might break $3 tomorrow.

Going to gap up big.

[Bud-Wiser]

Another incredible day here-$CDIO

[saigai]

im not knee deep in this just 1500 shares but that 50% of all i got in the game.. the other half on stss and a dash of rbt. i intend to get back to six figures soon!!!!

[saigai]

if i had a big stash i might flip here and there but i would NEVER be out of this without my core position steadfast in place to double digits and ?????

[Bud-Wiser]

Here we go Cup and Handle to $4 bucks

[saigai]

journal of the american heart association
https://finance.yahoo.com/news/cardio-diagnostics-holdings-inc-announces-133100994.html

[Tim696969]

Got it, the JAHA.

[Tim696969]

Wall St Journal?

[Jess070283]

Bought that dip for the rip. Just looked wooooo

[saigai]

after that journal article yesterday i suspect the phone has been ringing off the hook..

[Tim696969]

Buy zone here.

[saigai]

easiest hold for gigantic gains ever

[madras50]

Hoped it would have went up 10% on AH close instead of down.

[Runners123]

They have 3.6 mil in bank and revenue stream building steam, warrant conversions will take care of cash needs with minimal dilution

[Runners123]

They have some revenue streams already

[Bud-Wiser]

Have you looked at a chart ? It’s a Short squeeze all the way to $8.01

[TradeSmart.ai]

They’ll probably drop an offering sooner, these companies can’t keep their finger off the trigger long enough sometimes. $CDIO

[saigai]

i figure an offering around 12 bucks. sell a million shares who cares. mkt cap.. this is huge gl

[youtoo]

Not going to happen, they have little working capital.

[Bud-Wiser]

Looking for at least $8

[saigai]

wild swings but in the end its all about mkt cap...billion dollar company in the making .. i like the math here.. very early

[Pt3]

None care and I hold 30 shares lol

[Bud-Wiser]

HOLY SHIT - I’m holding 30k shares now -WEEEEEE

[Jess070283]

Hello $2!

[saigai]

at 2 mkt cap not even 40 million.. with what we know now and the fact that there is no dillution 10x that on the way

[Jess070283]

$2+ soon IMO. Just too strong.

[Pt3]

When I need. Pay rent

[Bud-Wiser]

$8.00 on a huge Short Squeeze

[saigai]

where this is going .. i have never been before!!!!

[saigai]

going much higher than that. very early on here

[Pt3]

Please do pass 2 for my

[saigai]

heading for an upside halt...

[saigai]

no halts ...yet

[saigai]

its is very early....

[Pt3]

Good or bad news I'm in 1.5

[Bud-Wiser]

WOWZA-I’m all in on this one- News-see-below

https://finance.yahoo.com/news/cardio-diagnostics-holdings-inc-announces-133100994.html