Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Do we hold above $6 and climb our way back up this week? Or will more people sell because they view the offering as negative?
* * $FTFT Video Chart 04-01-2021 * *
Link to Video - click here to watch the technical chart video
Aaaand, now that the stock was rising, they announce an ATM offering. Timberrrr. That news will probably drag this back under $6 today. Just can't catch a break....
Future Fintech Group Inc. Announces $35 Million Registered Direct Offering Priced At-the-market Under Nasdaq Rules
11:06 am ET April 1, 2021 (PR Newswire) Print
Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 5,737,706 shares of its common stock at a price of $6.10 per share for gross proceeds of approximately $35 million in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about April 6, 2021, subject to the satisfaction of customary closing conditions.
A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
The Company intends to use the net proceeds from this offering for growth capital and general working capital purposes.
This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-224686) previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on December 11, 2020. A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
$FTFT is screaming for the top after announcing an acquisition framework agreement that will lead to it acquiring a bitcoin farm. https://cnafinance.com/ftft-stock-heres-why-its-up-more-than-20/
* * $FTFT Video Chart 02-12-2021 * *
Link to Video - click here to watch the technical chart video
Looks like FTFT is up 20% in Europe. Euro conversion around $7.80.
* * $FTFT Video Chart 01-11-2021 * *
Link to Video - click here to watch the technical chart video
* * $FTFT Video Chart 01-08-2021 * *
Link to Video - click here to watch the technical chart video
Yea that killed today. I got in at $7.65. Hoping to see $10 PM on Monday.
if those jokers did not halt this morning, it would have broken $15
Still holding here too... I feel like we may not see highs like that again for a little unfortunately. It didn’t have any strength.
nice trade sold half @ 8.3, still holding half for next week
Sold out at $10.25, then,bought ACST , ONTX, IPSI
Yep, I hate it when my timing's off, so I too just move on when my timing is a tad off. Far too many runners out there these days to worry about any of the ones when/where our timing's a little off right buddy cheers!
Don't blame ya one bit buddy! This has already been an insane 1st week back! So enjoy your weekend and let's get ready for a 1st quarter for the ages cheers>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
I very reluctant to buy foreign Companies. Specially China.
But I agree with you -- take the chance and move on.
I'm taking the rest of the day off. Have a great weekend.
PM message received. Will get in.
I reached my 15 post limit today.
Take care and talk with you later.
Ya' win some, and ya' lose some. I'm still watching this. When they stop selling the shares -- this is going to pop.
I totally agree with you now about just moving on to your next ones Pedro buddy. Hate it when bad bs happens twice in 2 attempted round trips...so you're far better off just focusing on the next ones than allowing this one to distract ya any further. Doesn't mean this one's not gonna pop...just saying for you, I personally don't blame ya for one single second if you decide to quit trying to time your trades here k cheers buddy!
Just bad timing, you nail them out of the park over +80% of the time...and honestly, none of us have perfect timing track records right buddy cheers!
Nice Pedro, and holy crap, sorry about your crazy bad luck yesterday. You will prevail however as you're a beyond fantastic big board player cheers!
Why did the halt cause a PPS drop? Did people panic a little when the halt happened?
I saw it at 10+ then I look again and it was 7.80ish... rising back up now.
Where do y’all see this going and can anyone break this prospectus into layman terms?
Good luck. I'm out for good.
I can't win with this company.
Damn. Stop loss hit again.
Hey...I bought this yesterday at $5 -- but my stop loss hit when it dropped to $4
I'm back in at $8.28
Thanks buddy teamwork always right cheers>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
same to you bro, to a great and success in 2021 and beyond!
I honestly don't care...I was really just pointing out that contrary to all the constant conspiracy theories that his charts supposedly attract shorts, he's really just carved out a great biz model for himself.
Folks who buy into the bs that he's somehow a front for the shorts are drinking the koolaid, imho of course glty
You know it Bankz buddy! Let's make this year a game changer! Best of cont'd success as always:)
yep, with negative interest rates and money printing like crazy, yes 2021 may very well break the record as far as gains.
Yep Bankz! Amazing year ahead, as 2021 may go down in history as the best market year ever in the OTC and the big boards woot-woot!
HOLY KABOOM BATMAN weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Yessir, you nailed this one Bankz buddy and earned/deserve it cheers>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Does it come back to $11.50-12?
volatility halt is normal, circuit breaker got triggered
And halted lol
$11.30, $15 by mid day
BOOOM $10 open as predicted yesterday
$9.16 blew past that right now, my estimate was conservative
should blow past that at the open. IMO