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big revenue numbers coming,currently ranked 117th out of 5000 in revenue increase
Merry Christmas to all. Yeah and even to you Nick.
lots of call options,not helping pps atm
pullback to sma50(2.05) needed after gap up
Did you actually read the press release?
90M / 5 = 18.0M (5 companies selected)
18M / 5 = 3.5M (through 5 years)
They spent more than that on bonuses last year. And that's with the (wrong) assumption that Teal's offering is in the top 3. And even if this does work out as planned, that's still less than half than what RCAT paid for Teal.
Market is in full agreement, by the way: Price is still 40% down from the reverse merger, only increased by 30% (their potential profits increased several 100%).
The pre-market price is where RCAT was 5 days ago. As the price was dropping below $2, the PR hit. You may think that's a coincidence, but you also stand convinced that this one is going to be a winner.
So yes, my statement is here for everyone to see, in perpetuity. Just like your $8 prediction.
Coming up on 34M volume. Tomorrow may get a bit more volatile. Revenue is only just starting to kick in and I'm thinking MORE institutional buying is just around the corner as well.
https://finviz.com/quote.ashx?t=RCAT
Inst Own 17.80%
Inst Trans +440.37%
This is what I have been expecting for mths
it’s finally arrived… now we see the need for
all that cash they have on hand
Good luck to all
zero shares available to short
> https://www.shortablestocks.com/
Let's go for 50M volume!! Run this puppy!!
Wonder if we'll get to 10 million volume before opening bell?
Gonna be a crazy day here!
Nickmercs actually said this:
“If you're long, you can't know what you own”
On a stock board.
To be seen forever.
What a legend
Red Cat Holdings Awarded Customs and Border Protection Contract Worth up to $90 Million over Five Years
Wed, December 22, 2021, 6:00 AM
"We look forward to fulfilling all orders placed under this agreement, along with any others that we may receive, and making full use of Teal's new 26,000-square foot facility in Salt Lake City. Given the security mandates within the Department of Defense and Federal Government, as well as the recently passed infrastructure bill that has a 'Build America Buy America' mandate, we are confident in our ability to offer domestically-sourced drone solutions and services across both Enterprise and Government applications."
https://finance.yahoo.com/news/red-cat-holdings-awarded-customs-110000482.html
$8 target. jmho. Merry Christmas!
Nock-You do invest into a company that just blew more than their revenue on R&D with no products to show for it. So I guess you already qualified for super stupid before your said anything :)
Too bad this won't ever get back into overbought territory :(
You said this yesterday! Not 24 hrs ago! Bafoon!
BWAAAAH-HAHA HA.
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Stock Market - the floor on the NYSE
Purposes of the Stock Market – Capital and Investment Income
The stock market serves two very important purposes. The first is to provide capital to companies that they can use to fund and expand their businesses. If a company issues one million shares of stock that initially sell for $10 a share, then that provides the company with $10 million of capital that it can use to grow its business (minus whatever fees the company pays for an investment bank to manage the stock offering). By offering stock shares instead of borrowing the capital needed for expansion, the company avoids incurring debt and paying interest charges on that debt.
The secondary purpose the stock market serves is to give investors – those who purchase stocks – the opportunity to share in the profits of publicly-traded companies. Investors can profit from stock buying in one of two ways. Some stocks pay regular dividends (a given amount of money per share of stock someone owns). The other way investors can profit from buying stocks is by selling their stock for a profit if the stock price increases from their purchase price. For example, if an investor buys shares of a company’s stock at $10 a share and the price of the stock subsequently rises to $15 a share, the investor can then realize a 50% profit on their investment by selling their shares.
History of Stock Trading
Although stock trading dates back as far as the mid-1500s in Antwerp, modern stock trading is generally recognized as starting with the trading of shares in the East India Company in London.
The Early Days of Investment Trading
Throughout the 1600s, British, French, and Dutch governments provided charters to a number of companies that included East India in the name. All goods brought back from the East were transported by sea, involving risky trips often threatened by severe storms and pirates. To mitigate these risks, ship owners regularly sought out investors to proffer financing collateral for a voyage. In return, investors received a portion of the monetary returns realized if the ship made it back successfully, loaded with goods for sale. These are the earliest examples of limited liability companies (LLCs), and many held together only long enough for one voyage.
The East India Company
The formation of the East India Company in London eventually led to a new investment model, with importing companies offering stocks that essentially represented a fractional ownership interest in the company, and that therefore offered investors investment returns on proceeds from all the voyages a company funded, instead of just on a single trip. The new business model made it possible for companies to ask for larger investments per share, enabling them to easily increase the size of their shipping fleets. Investing in such companies, which were often protected from competition by royally-issued charters, became very popular due to the fact that investors could potentially realize massive profits on their investments.
The First Shares and the First Exchange
Company shares were issued on paper, enabling investors to trade shares back and forth with other investors, but regulated exchanges did not exist until the formation of the London Stock Exchange (LSE) in 1773. Although a significant amount of financial turmoil followed the immediate establishment of the LSE, exchange trading overall managed to survive and grow throughout the 1800s.
Anyway, I'm all for seeing this play work out. I think they're positioned to start making things happen that draws the right crowd.
Nick you are a tool bag. Merry Christmas-
Once again- almost on the exact date. You post idiocy and act superior- just to have it in writing that you are wrong again.
What a joke!
Kick rocks son. Let the men work.
Not so fast my friend
Check out 5he news this morning!!!!!!
GLTA
That's what they said about this quarter, and the one before it.
This is an exit vehicle for the company owners, and you're footing the bill. My job here is to make sure that you knew, and still fell for it. Just in case one of you decides to lawyer up and claim that this is a fraud and you didn't know it was a fraud. The defense can then go into this board, and point at these posts, clearly indicating that you knew this was a scam, and you decided to risk it anyway :)
Takes money to make money. 1st half 2022 should prove very interesting.
Well I talk with you so we know that I’m stupid.
You do invest into a company that just blew more than their revenue on R&D with no products to show for it. So I guess you already qualified for super stupid before your said anything :)
Too bad this won't ever get back into overbought territory :(
Ok , I’ll bite - “because…. “ I tried for super stupid. Did I pass? Lol
Because we've had such an impressive run ($4.20 to $2.00) in a zero interest rate environment: Let's discuss what will fuel our next "growth" period down to $1.00! Is it too soon to start guessing the delisting date?
The dumber the response, the more entertained I will be.
No. Smart money is short, they won't get squeezed. Dumb money piles in on earnings or press releases because they sound fancy.
Good stuff for RCAT. Bad stuff for DJI.
https://markets.businessinsider.com/news/stocks/us-blacklist-chinese-companies-uyghur-muslim-minority-biotech-dji-biden-2021-12
Potential short squeeze into earnings? It's rare imo, but it could happen.
No need to hope. Here's the cliff notes:
Fatshark in line with averages
Rotor Riot below average
LuGus below average
Teal no prior data
The last name isn't relevant. I also forgot the name and I'm too sad for not having any short position to care.
Fatshark:
They will emphasize how it has room to grow, and will cite that their digital system is gaining acceptance, when in fact sales only picked up due to availability problems of competitors. ER will forget to mention that they will be facing even more competition starting early next year.
Rotor Riot:
Youtube views are down 75% from 1 year ago. And that's all you need to know to paint a picture of the rest.
Man, I hope it pops on the ER. I think this fruit has one last juice in it. And I know none of the permabulls here will sell at $4 or $6, and will gladly borrow me their shares :)
Hopefully the E R is soon and positive
Very nice pop today with a nice close.
Nice pinch! Nice volume too. Keep it up $RCAT!!
Because we are all bored watching RCAT head into the inevitable abyss, there is time to discuss what you would call a stock that consistently pumps for a day and then returns all of the gains and then some over 3 months. I can't seem to get my suggestions past the parental filter ...
There are cracks everywhere
Yep, I am again on the hunt for cheap shares with the $2 breakdown.
Load up, gentlemen, we're so close to this breaking out
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Seems the market wants to deflate not that many weren't ready for it. Just a matter of when. Picking up a bit more downside momentum. Buckle up. 2.12 bottom broke. New covid strain to blame or maybe that's just a Fed excuse to put their trillion in cheaper stocks?
RCAT 2.19 todays low 2.155. 2.12 double bottom on the 3 to 6 month. Not quite ready to bounce yet but I'm still looking to accumulate more here. Price alert set 2.12. I told myself not to go too big on something that's dipping, though it doesn't always work out but adding when the pinch is setting up or at least after the lower lows stop printing I usually make out pretty good. So That's what I'm waiting for.
RCAT daily
Double agree!
My 2.35's filled, oh, and so did the gap. Go back one post to the daily chart.
Potential here. 2.37.
RCAT daily
May nibble a few but save some cash for next week.
Pretty quite here lately. Maybe the calm before the storm? Sure hope so. We have been waiting long enough. That second phase of the Army contract has to be close to complete.
If you're long, you can't know what you own.
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ORLANDO, Fla., Oct. 5, 2020 /PRNewswire/ -- Red Cat Holdings, Inc. (RCAT:OTC) today announced the signing of a definitive agreement to acquire Fat Shark Holdings, the market leader in FPV headsets. The transaction, subject to customary conditions, is expected to close on or before November 1, 2020.
Founded in 2007, Fat Shark is the leading provider of headsets and goggles for professional racers and drone pilots with an estimated market share of 85%. Fat Shark is presently generating approximately $7 million (unaudited) in annual revenues which will significantly increase the revenue base of the combined companies. This transaction follows the Company's acquisition in January 2020 of Rotor Riot, a leading provider of FPV and drone racing hardware.
"Our expected acquisition of Fat Shark strengthens our position by providing direct access to premier FPV technology favored by professional racers and drone enthusiasts alike. The combination not only provides a fully-integrated supply chain but adds design and development capabilities as well as international manufacturing and distribution. Greg French and Allan Evans bring world-renowned skills and decades of experience to our team. Fat Shark's existing digital platform and innovation also provides a valuable road map to fuel our future growth and our expansion into the enterprise drone market" stated Jeff Thompson, CEO of Red Cat. "Importantly, it positions us to continue to develop and introduce innovative products and solutions as commercial applications of drone technology expand in the coming years."
"Red Cat has emerged as a leader in the FPV sector of the drone industry and we are excited to join their growing team of business professionals" noted Greg French, founder and CTO of Fat Shark. Added Allan Evans, CEO of Fat Shark "We are excited to partner and integrate feedback from the top pilots at Rotor Riot as we develop and expand our digital video systems. Rotor Riot is especially well situated to help us build better FPV products as well as expand into enterprise training and field solutions."
"With the addition of Fat Shark to Red Cat's portfolio we have paired a quality hardware base with Rotor Riot, a robust educational/entertainment brand" stated Chad Kapper CEO of Rotor Riot. "Fat Shark's new line of digital headsets with their "out of the box" functionality meshes perfectly with our popular "Ready To Fly" (RTF) packages. We are excited to promote their functionality on our YouTube channel and our digital store at www.rotorriot.com as well as leverage the strong brand recognition Rotor Riot enjoys. We believe the addition also allows us to continue expansion into the emerging gaming and augmented reality (AR) markets with future innovative products."
About Red Cat Holdings, Inc.
Red Cat is developing a fully-integrated drone supply chain with secure blockchain-based distributed storage, analytics and SaaS solutions for adoption in the drone industry. Red Cat supports education, training and sales of drone products through its Rotor Riot platform and is developing the means to accurately track, report and review flight data that will be useful for insurance and regulatory requirements. Red Cat's maintains a commitment to deliver unrivaled innovation to make drones aviators and products accountable and the sky a safer place. For additional information, visit www.redcatholdings.com and www.rotorriot.com.
Safe Harbor
The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipates," "plans," "expects," "intends," "will," "potential," "hope" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. The parties do not undertake any obligation to update forward-looking statements contained in this press release.
Item 7.01 | Regulation FD Disclosure |
On June 4, 2019, we released the press release furnished herewith as Exhibit 99.2.
SECTION 8 – OTHER EVENTS
Item 8.01 | Other Events |
On June 4, 2019, we executed a Letter of Intent with Rotor Riot, LLC (the “LOI”), a copy of which is furnished herewith as Exhibit 99.1. The LOI, which is non-binding, sets forth the terms for our contemplated acquisition of Rotor Riot, a drone technology and media company. Any acquisition of Rotor Riot will be subject to the completion of due diligence, the negotiation of a definitive agreement, and other conditions.
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