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If the company puts out a fluff PR to goose the price
Professional money managers are withdrawing bid support on hundreds of third tier NASDAQ stocks
The noncompliant list is over 300 stocks
reversal coming no doubt. what's your take chief?
FRGT new 52 week low
$FRGT - started a position here! Good luck
New 52 weeklows today....
So how much money they have on hand or making really.... before they gave numbersand projections based on past performance... now its just percentages
FRGT new 52 week low
FRGT new 52 week low
FRGT new 52 week low
up 29% to over 4 mil
they made around 4.3 mil for qrtr up 33% and market cap 5 mil $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Must have been a lot of short covering in premarket to spike like it did. Now shorting it again....along with the profit takers bring it back to earth. Wouldn't be surprised to see this close down today.
This thing can't hold a gain to save its life. Down 30% from its high this morning...SMH....
i agree. i cant find any numbers
Where's the actual revenue dollars? I've never seen an earnings release that doesn't mention actual dollars in revenue.
Freight Technologies, Inc. Reports Strong Q2 Earnings with 29% Revenue Growth and 93% Margin Increase
Fr8Tech Delivers Sturdy Q2 2023 Financial Performance
HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today reports its financial results for the second quarter of 2023, concluding on June 30, 2023.
The company has demonstrated steady growth, achieving a 29% increase in revenue compared to the previous quarter and a 93% rise in margin compared to the same year-to-date period last year.
Key Financial Highlights:
29% Quarter-over-Quarter Revenue Growth: The company achieved strong revenue growth in the second quarter of 2023, with a noteworthy 29% increase compared to the previous quarter. This growth highlights the company's strong market positioning and effective execution of its business strategy.
93% Year-over-Year Margin Increase: The company's margin saw a significant improvement, recording a 93% increase compared to the second quarter of 2022. This year-over-year improvement reflects the successful implementation of operational efficiencies and prudent cost management strategies.
Steadfast Commitment to Innovation: The company remains dedicated to driving innovation within the supply chain technology landscape. The company's relentless pursuit of novel solutions has contributed to new growth opportunities and improved financial performance.
Rock-Solid Financial Foundation: The company's financial position continues to provide a solid foundation for future growth initiatives and strategic investments. It continues to focus on generating value for its shareholders.
Paul Freudenthaler, CFO of Fr8Tech, commented on the results, "We are excited to report another quarter of strong growth and improved profitability at a time when various players in the freight market are facing severe strain and difficulties. These results underscore the dedication and hard work of our exceptional team, as well as the effectiveness of our strategic initiatives. As we move forward, we remain committed to further enhancing value for our shareholders while continuing to innovate and drive excellence in our industry."
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) (“Fr8Tech") is a technology company developing solutions to optimize and automate the supply
What the hell is going on with this turd???
5000 SHARES BID 200 SHARES ASK. VERY FEW SELLERS. WE CARRY ON OUR PUSH BACK UP $$$$$$$$$
i called bottom again. i bought more, hope u did 2222. co has sooo much going on $$$$$$$
great news out. im buying more $$$$$$$$$$$$$$$$
Curious if you called the drop today LOL!
Curious if you called the drop today LOL!
Was already moving
30 MIL IN SALES AND WE GOT ONLY 9 MIL CAP $$$$$$$$
DID I CALL IT????????? YA I DID $$$$$$$$$$$$$$$
23000 SHARE BUY @81 BACK UP WE ALL GO $$$$$$$$$$. THIS WAS OUR FIRE WORKS. HAPPY 4TH ALL LONGS $$$
This is a shit show
30 mil in sales. no competition new industry and now only 8 mil cap. $9 price target yahoo, stock beyond undervalued $$$$$$$
Well this is going horribly wrong...
Isn't looking like lightening will be striking twice here
Last time stock had this much volume it ran next two weeks over 100%. Just sayin. Be patient it will pop…
i bought 40% more at these low prices. over 30 mil in sales and we have a 11 mil cap
Loading this dip for the rip….
Push it thru 1.49 and it’s on
Google investors might be interested in $FRGT since was mentioned on Google blog,
close today at 1.30 to avoid gap and then watch after hours and tomorrow, on Google’s radar for possible acquisition in future maybe they make an offer to acquire the company and are laying the PR ground work for that now, shows that tech works and is legit at minimum, other companies that want to invest might want to before Google makes an offer, creating a bidding contest for shares, keep developing and making deals more will look as news circulates
GET READY FOLKS!!! This is about to get run.
NOW CO HAS 4 MIL CAP WITH 30 MIL IN SALES 4 23. THEY MADE OVER 3 MIL IN 1ST QRTR AND CAP NOW 4 MIL
WORST QRTR OF THE YEAR. THEY EXPECT 22-27 MIL REST OF THE YEAR
STOCK NOW EVEN MORE UNDERVALUED
IM BUYING MORE
Freight Technologies, Inc. Preliminary Q1 2023 Revenue 11% below Q1 2022
NOT AGAIN!
Hahahahahaha.lol.
Read my note from March.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171377678
This CEO is the absolute worst. He is clueless.
I have never seen a company miss so many guidance and estimates.
I would never ever buy this stock.
JMO.
40000 SHARE BUY STOCK SOOOOOOOO UNDERVALUED WITH NO COMPETITION $$$$$$$$$$$
Are they going to short this to sub $1 again?
OVER 40 MIL IN CONTRACTS 10 MIL CAP 4 MIL IN FLOAT $$$$$$$$$$$$$$
$2.33 to $2.49 loading zones looking at Fibonacci $5.48 before rejection
Boom stick
record earnings 45 mil year and under 10 mil market cap.
Stock was 20$ year ago and 500 5 years ago
Company is so better off now plus doing 45 mil in sales this year.
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