KORE Group Holdings Inc. (KORE)

[subslover]

So tell me who's baby is this?

[JakeFromSF]

Growing revenues and updated guidance! Not too shabby. Looking forward to tomorrow's trading.

[timetomakemoney]

Agree, revenues for the 3rd quarter will be release Nov 15

[JakeFromSF]

Should be a good one. Might expect raised guidance due to the new products/contracts that we've seen over the last couple of months

[timetomakemoney]

As we approach Nov 15, more upgrades will hit the wire. Remember a few weeks upgrade were around 14 to 17 dollars.

[timetomakemoney]

Yes, CC in two weeks, Nov 15

[JakeFromSF]

Another good day in the books, a solid week overall, and price targets still far away in the upwards direction. See you for more fun next week.

[timetomakemoney]

Yes, I believe we will see upgrades from brokerage firms.

[JakeFromSF]

Sorry, I've been away for a bit. Yea, I think bringing Cesar Millan to the show was a great attention piece for a sizable crowd. Showcase a new product, allow the potential clients to remember you when the speech is given on IOT, cyber security, etc, and bring the stock back to where it should be.

Much better week this week. Far more sustainable uptrend than when the pump flew into town for a couple days and left all angry because they couldn't make it a meme stock - imo of course.

[timetomakemoney]

Well it looks like the CEO's two meetings this week sparked buying interest. We are approaching a breakout at 7.40

[timetomakemoney]

Today is the day for the meeting look for an upgrade and they just release news today.

[timetomakemoney]

KORE is on the Move... Tuesday in LA, the CEO will be addressing the Global Congress.

And the Borrowing Rate for shorters is now over 26.8 percent.
https://iborrowdesk.com/report/kore

[timetomakemoney]

Ciao Jake... Borrowing Fees just hit 26.7 %

[timetomakemoney]

Just grabbed 1000 shares at 6.20. Will add more if KORE dips lower.

[JakeFromSF]

Those meetings are massive. I'd bet there are some nice hands shaken and "we'll be in touch" there. Future is bright, but the price action doesn't reflect it at all

[timetomakemoney]

CEO has a Global Congress meeting in LA next Tuesday. I wouldn't be surprise to see more upgrades after the meeting. Who knows he may even tip his hands on the company's quarterly.

[JakeFromSF]

Judging by the SPAC's quarterly reports filed, Friday November 12th or Monday November 15th should be the filing date. But that doesn't mean that they won't have a quarterly report investors call before then.

[JakeFromSF]

I agree. Especially with the price targets and outperform ratings on the table!

[timetomakemoney]

Btw, do you know when KORE will report their Quarterly?

[timetomakemoney]

Yes, I'm waiting for Reddit or WSB to take notice. Because share structure is so low and short borrowing fees are high, I believe we will see 18 dollars plus.

[JakeFromSF]

Then best of luck to us. Honestly, a great company imo. Quarterly report can't come soon enough in my mind. Big time profitable with very few shares to trade.

[timetomakemoney]

Yes it's a borrowing fee to borrow stocks. 24% is high, AMC was high too before it ran from 4 dollars to 20 dollars .

[JakeFromSF]

Wow, I've never been one to find accurate short statistics so this is promising to see - is it a legitimate site that seems pretty accurate?

[timetomakemoney]

Jake, cool name... Check this out about KORE borrow fees to short the stock

https://iborrowdesk.com/report/kore

It's 24 percent and there is only 200 shares available to borrow.

[timetomakemoney]

Kore , my hunch, is being played by Reddit and WSB.

[makinezmoney]

$KORE.WS: Also poppin here at 1.25



GO $KORE

[Mikey]

we have liftoff.......looking good on KORE

[Mikey]

we have liftoff.......looking good on KORE

[JakeFromSF]

Crazy Post Market action

[JakeFromSF]

Not very often do you get a stock with price targets between 2-3 times its current price.

1.) Cowen & Co. gives KORE an $18 price target and outperform rating.

https://www.benzinga.com/news/21/10/23315396/cowen-co-initiates-coverage-on-kore-group-holdings-with-outperform-rating-announces-price-target-of

2.) Northland Capital issues $17 price target and outperform rating.

https://www.benzinga.com/news/21/08/22510661/northland-capital-markets-initiates-coverage-on-cerberus-telecom-with-outperform-rating-announces-pr

3.) Lightshed Partners restating their Buy rating and $14 price target for KORE.

Initiating Coverage Of $KORE Wireless With A Buy https://t.co/wynVQuYYzO

— Walter Piecyk (@WaltLightShed) October 1, 2021

Two of these can be seen on the WSJ website as of this moment: https://www.wsj.com/market-data/quotes/KORE/research-ratings.

Wait for the quarterly to blow your minds. Should be quite profitable for each share.

Jake

[Mikey]

In KORE.........SPAC from 10/11~~"Cowen & Co. initiated coverage on Kore Group Holdings Inc (NYSE:KORE) with an Outperform rating. The price target for Kore Group Holdings is set to $18.00. "

[Mikey]

In KORE.........SPAC from 10/11~~"Cowen & Co. initiated coverage on Kore Group Holdings Inc (NYSE:KORE) with an Outperform rating. The price target for Kore Group Holdings is set to $18.00. "

[JakeFromSF]

Cowen & Co. gives KORE an $18 price target and outperform rating.

https://www.benzinga.com/news/21/10/23315396/cowen-co-initiates-coverage-on-kore-group-holdings-with-outperform-rating-announces-price-target-of

[JakeFromSF]

Lightshed Partners restating their Buy rating and $14 price target for KORE

Initiating Coverage Of $KORE Wireless With A Buy https://t.co/wynVQuYYzO

— Walter Piecyk (@WaltLightShed) October 1, 2021

[JakeFromSF]

Please ignore the KORE mining news because that is not this company. It was the previous company under this ticker symbol. KORE mining now trades under KOREF I believe.

[JakeFromSF]

CTAC will now trade under KORE starting today!

https://www.korewireless.com/company/news/kore-debuts-on-nyse-merger-cerberus-telecom-acquisition?utm_campaign=Investors&utm_content=181880748&utm_medium=social&utm_source=twitter&hss_channel=tw-29456106

[JakeFromSF]

What a day lol bought some more. I find no reason for this takedown.

[JakeFromSF]

Approved! Time for me to hold and wait.

[JakeFromSF]

Add another week. New meeting is September 29th at 10am.

[JakeFromSF]

Vote postponed until the 22nd, and roughly 90.39% of public shares were redeemed...crazy

[JakeFromSF]

Even more solid news before the vote on Thursday! https://ih.advfn.com/stock-market/NYSE/cerberus-telecom-acquisi-CTAC/stock-news/86035068/kore-selected-by-agriculture-technology-innovator

[JakeFromSF]

Solid news heading into the vote: https://ih.advfn.com/stock-market/NYSE/cerberus-telecom-acquisi-CTAC/stock-news/85995884/kore-selected-by-award-winning-ev-charging-company

Bought some warrants while they're still crazy undervalued imo.

[JakeFromSF]

Recent positive SPAC action gives me lots of hope here.

[JakeFromSF]

Correction: Lightshed Partners, not Mehabe Capital, issued a $14 price target and Buy rating. https://lightshedtmt.com/disclosures/

[JakeFromSF]

Northland Capital issues $17 price target, Mehabe Capital issues $14 target (did this a while ago), and Ellington Management files Form 13F that discloses new 400,000 share position in CTAC.

[JakeFromSF]

SEPTEMBER 16TH IS THE SHAREHOLDER MEETING!!!

[JakeFromSF]

Holy 1 milly share buy

[JakeFromSF]

Should be extremely close now. With the last amended filing, they pushed back the deadline to complete the merger, but I think it's just extra cautious in case they have to amend it again for some minuscule reason.

[JakeFromSF]

Hello volume

[JakeFromSF]

Getting some more eyes and attention thanks to Benzinga

Are you trading... or browsing Prime Day deals? $AMZN

What's going on today?
- $CTAC @KORE_Wireless on #SPACs Attack | 11am
- $OPTN on Power Hour! | 12pm
- Talk about #dogecoin w/ @poisonouspinups | 2pm
- @TrendSpider | 5pm
and more!!

*Eastern timehttps://t.co/8GWNCA288B pic.twitter.com/bWFYoSBexa

— Benzinga (@Benzinga) June 21, 2021