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I think we have a winner here just my thoughts
More 2nd Q revs
KULR Technology Group, Inc.
KULR
gained 27% to $0.5683 after the company announced it delivered on an immediate basis, a power cell battery deployment order for AI-enabled drone and advanced air mobility missions in Ukraine.
Pretty sexy news this morning….
always like helping wipe out some Ruskies
Guess we found the new floor
That’s the sexiest thing I’ve read in a decade !!!!!! Houston we are go for launch !
A guy can dream.
Today ? Ok I’m down lol
That’s a welcome site for sore eyes
Seems to like there today, guess I’m not getting my .35’s
Need a quick dip to .35 than move it on up
I don’t no I’ve been on a lot of boards but it seams like this one has more arguing and bad mouthing than any other . I wonder why that is opinions matter some help some don’t make any sense some are pretty interesting but for hell sakes none deserve bad mouthing .
It's comparing apples to oranges,there is a similar focus on the lithium battery technology that their both working on, and was not promoting the other company that I do not have 0 invested in, I did over a year ago, was just stating that perhaps the news was having affect on why the selling pressure here picked up about the same time after that news came out, on top of the problems they already have adding to it, it may have nothing to do with it, but it may have got those who still have profits to throw in the towel if they seen that news.
You may be right, perhaps I shouldn’t be. What I don’t do is try to promote other stocks on a different message board. You sir….did that. XPON is not going after the same market as KULR. While they both deal with problems with lithium ion batteries, they are not competitors.
It's pretty funny how when right when that news hit,the more aggressive dumping started, so apparently many out there perhaps think it might have some kind of impact, the bottom line is this company is burning through money as faster than a ship of drunken sailors,and will soon be out of cash,and that means an offering most likely, if you don't seem to understand that, perhaps you shouldn't be posting on this board.
XPON. Release was that it will aid lithium ion batteries in cold environments. Good for them. Has nothing to do with KULR’s products or target market. You might want to stay off the board if you don’t know what KULR is or does.
KULR has received some landmark orders and commitments from many Fortune 500 companies. There’s no doubt that KULR has some great products/solutions and an engineering team that can bring the order home. Unfortunately they apparently have a very weak CFO that can’t stop the bleeding financially.
Obviously you have to reinvest in your company to grow it. The key word is “re”. You first have to recoup costs through either profitable sales, or reduce costs through reducing personnel, limit R&D spend, limit marketing spend and give the ultimate power of the company to an iron fisted CFO. This is where KULR has very significant problems. They spent over $23 million to generate over $9.3 million in revenue at a 37% GP.
Do I still think my investment in KULR was wise? Not sure. They did however promise to be profitable by the end of the 2nd quarter. That is meaningful. Unfortunately I’m afraid we’re going to see large dilution until then for mere sustainability. And that’s a damn shame
Yes it is I had a glimmer of hope for this stock but it’s slowly fading away . Couple more trading days will tell the story
Yeah. I meant to mention, i've seen this movie before with the bs filings , prs and it's probably totaled over 20k by now. Which I know is pennies to many, not me.
It happens.
Protecting capital is GAME 1.
That is ALWAYS on the table.
Yup,that's what did it, their cash reserves that they have left,and higher cost across the board on just about everything,and that burn rate, all = offering sitting on the shelf most likely some where.
The earnings report was not bad but the conference call did it in
On the daily it's a total pump and dump job, after not delivering on the earnings conference call what was needed to keep it pumped,that cash and burn situation was a big red flag, that the pump had no business of going as far as it did.
Is that what they call a pump and dump ? By chance
Bingo a man with brains
They can hit the market any time with an ugly offering below $0.25 and that will suck the last of the hot air out of it, those who think they are bottom fishing off today's lows, are most likely being foolish,and playing Russian roulette, and end up being sorry they played that fake bounce game.
25 in the ball park then the dreaded rs
Me thinks you just go with the flow in other words you don’t no what your talking about .
Yeah .25 in the ballpark, I’d add here but just don’t think it’s done falling.
For me .25 support, resistance .35 - .40.
KULR daily chart
The news out on $XPON this morning might be considered a threat to $KELR market with the other company a much bigger one, they put out real positive lithium battery heat control technology news out,and could be why their is more sellside pressure probably coming from the bigger institutional fund holders unloading their. positions
More sellers lining up with size on the offer then buyers on the bid, looking more and more like a grind down to the $0.30's, manipulator MM's playing games trying to keep puts from paying out what they should be with their corrupt manipulation, once the dirtbags get what they what,they just might pull bids and create another rug pull.
Add .40’s?? Quick drop into .30’s I doubt it
So looking at the chart, what’s the next line of support and resistance?
So looking at the chart, what’s the next line of support and resistance?
New base .50….. old base 2 weeks ago .10
I’ll take percentage gain every 2 weeks
I don’t think so unless they come out with a pr
Might’ve missed the bottom
And the red drip continues drip drip drip
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