Newegg Commerce Inc (NEGG)

[SmellMyFinger]

Could this hit those ~$0.50 levels yet again?

[Monksdream]

NEGG 10Q due AUGUST 27

[SmellMyFinger]

Pending political events, the market waits in anticipation.

[glenn1919]

NEGG...................https://stockcharts.com/h-sc/ui?s=NEGG&p=W&b=5&g=0&id=p86431144783

[Monksdream]

NEGG 10Q expected July 5

[chickentraderr]

Tomorrow. Or maybe the next day? Next year. ..that's when it will happen.

[Mr Krabs]

Any day now

[SmellMyFinger]

Bearish pennant forming on the daily chart?

[Mr Krabs]

I hear you mate, but get ready tomorrow, this one's gonna blow my friend

[chickentraderr]

What's a potential catalyst? The buyback was a bust. Reverse split is likely. So, I just don't see one. They obviously can't compete with Amazon, and will continue to lose customers to amazon as their customer base is primarily loyal genx from pre-web 2.0 era, and millenials and zoomers were born too late and don't understand why they should shop here, if they even heard of it at all.

[SmellMyFinger]

I think so too, but time will tell.

[glenn1919]

NEGG...........................https://stockcharts.com/h-sc/ui?s=NEGG&p=W&b=5&g=0&id=p86431144783

[MoneyMaker111]

NEGG: This stock is poised for crypto, nvidia-card growth

Now that several colluding funds have failed to bring home the 'rs' trophy, Newegg is poised to skyrocket well above $10 per share on streamlined financials, advances in machine learning and advanced intelligence in house and to the rapidly-growing consumer base, rare acceptance of bitcoin and other cryptoassets as payment, and amazing Nvidia graphics card revenues due to prices that crypto miners love.

$NEGG
#NEGG

[SmellMyFinger]

Time will tell.

[Backstabbed]

$NEGG - something big must be coming. Over $1.00 now

[Backstabbed]

$NEGG - Hit bottom BB

[Backstabbed]

$NEGG - Let's Go

[Backstabbed]

$NEGG - looking good and ready to run!

[SmellMyFinger]

If only they would stop inundating the market with form 144s, this could actually recover.

[MoneyMaker111]

NEGG: Earnings Updates. Bullish! SEE IT:

Earnings:
1. New robots now helping internally ✅
2. Expenditures are reduced ✅
3. The $10 Million Share Buyback has not yet even begun ✅

$NEGG
#NEGG

[MoneyMaker111]

NEGG: Reports that Newegg could 'squeeze' back to $80

$NEGG
#NEGG

[MoneyMaker111]

GameStop could "buy out Newegg" via stock -Analyst

[Backstabbed]

nice looks good

[da_stock_analyst]

#NEGG 🔥 80% this week! Watch next week for move $NEGG

[SmellMyFinger]

I tend to agree with that.

[MoneyMaker111]

NEGG: Newegg technicals show "strong uptrend developing"

$NEGG
#NEGG

[MoneyMaker111]

NEGG: Announces $10 Million buyback of shares. LOOK:

According to Newegg's form 6-K filing on the share buybacks, it's $10 Million worth of shares to be purchased.

The float before buybacks was only 19.84 Million shares available on the market...

Today the average price of the stock transacted at around $0.70. Assuming that buybacks hypothetically occur around this price, then 14.3 Million shares would have to be bought, thereby reducing the number of shares available on the market (the float) to around 5 Million shares, or just over $3 Million worth. In that case, it would only require one investor with just over $3 Million to 'lock' $NEGG 's float.

Yet, according to Ortex, Short Interest in Newegg stock was around 1.51 - 1.87 Million shares, with another 1.23 Million shares in short volume on Tuesday, November 13th. So, as of now, there could be over 3 Million shares short. How would these short positions be able to be bought to cover if the shares are nearly bought up? How would these short sellers be able to close their short position if the shares are not available?

$NEGG
#NEGG

[Dantheoneman]

This one Looks Solid!

[MoneyMaker111]

NEGG: $2 Billion revenue annual, yet only $260M cap?

Newegg too is the only online firm, to my knowledge, that has already incorporated Artificial Intelligence into the shopping experience.

What's wrong with this picture? I like discounts, which means I like Newegg.

$NEGG
#NEGG

[Extremist223]

This stock is firesale price rn. Just bought at 83.9 holding until green

[SmellMyFinger]

This could use another NVIDIA surge.

[MoneyMaker111]

Newegg Introduces Graphics Card Trade-In Program

https://www.businesswire.com/news/home/20230926386865/en/

$NEGG
#NEGG

[Monksdream]

NEGG new 52 week low

[Monksdream]

NEGG new 52 week low

[MoneyMaker111]

NEGG: Newegg Price consolidated above $1. Now Discounted.

$NEGG
#NEGG

[SmellMyFinger]

Is Chang still banging out those Form 144s?

[MoneyMaker111]

NEGG: Newegg is the 'Nest-Egg'-maker stock: Safe&Investable

$NEGG
#NEGG

[MoneyMaker111]

NEGG: Quick shot to $6.00 is not out-of-the-question...

$NEGG
#NEGG

[MoneyMaker111]

NEGG: Leads the way in implementing AI for e-commerce

“As a leader in implementing AI for e-commerce, Newegg continues to integrate AI into our services, including new entry points for users. We saw a great opportunity to create a ChatGPT plugin to enable subscribers to assemble parts for their dream machine directly within the GPT-4 platform”

-Lucy Huo, Vice President of Application Development for Newegg

“Our programmers are investing hundreds of hours weekly on AI-related projects for our platforms including a new AI shopping experience. In addition, we also see opportunities to utilize non-Newegg AI platforms to connect with users wherever they are.”

https://www.businesswire.com/news/home/20230725960800/en/

$NEGG
#NEGG

[MoneyMaker111]

NEGG: New Newegg Artificial Intelligence ShopGPT

https://finance.yahoo.com/news/newegg-launches-first-computer-shopping-125500193.html

$NEGG
#NEGG

[MoneyMaker111]

NEGG: We like the stock. SEE IT:



$NEGG
#NEGG

[ghosttrader13]

Oh stop it already

[MoneyMaker111]

NEGG: $1.50. Then $2.00. Then $3.00. "Very-Soon"

$NEGG
#NEGG

[MoneyMaker111]

NEGG Uses AI for New Online Shopping Experience..SEE-IT:

https://finance.yahoo.com/news/newegg-uses-ai-build-online-122000354.html

$NEGG
#NEGG

[MoneyMaker111]

NEGG: $2 Billion in routine sales per annum. Efficient.

$NEGG
#NEGG

[MoneyMaker111]

NEGG: This discount to value is nontrivial. It's substantial.

$NEGG
#NEGG

[MoneyMaker111]

NEGG: Newfound bull trend is now-confirmed by successful retrace

$NEGG
#NEGG

[MoneyMaker111]

NEGG: I added more on this short term Fibonacci-retrace

$NEGG
#NEGG

[ghosttrader13]

Oh it does take money to make money... but if it takes more then ya make someones going to get burned and its usually shareholders

[ghosttrader13]

Hey i do hope you're right but lets see if we can get up to 2 bucks before we start really cheering