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I think it’s the stretching phase before the run. Don’t want to catch a cramp while running and take a fall
What phase has been initiated now ?
Coiling !!
I think you’re on to something
Looks like the company doesn’t want to do a R/S unless it’s absolutely necessary. Once approved, R/S within one year of approval unless the price goes back over $1 or Buyout
The “if at all “ statement on item #3 got me thinking.
This could explain the recent surge in volume
"We are pleased with the extension and express our appreciation to Nasdaq," said Cyngn's Chairman and Chief Executive Officer, Lior Tal. "We are fully committed to addressing the compliance issue identified by Nasdaq as we continue to execute our strategic plan and actively work towards maximizing shareholder value."
Something to think about. They want this organically to go back above $1 otherwise they would not have asked for an extension. They would have just went with a R/S. It’s Going to be interesting
MENLO PARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced it has received an additional 180-day extension from Nasdaq to continue its listing on the Nasdaq Capital Market. The Company was given until August 19, 2024 to regain compliance with Nasdaq's $1 minimum bid price per share requirement.
I couldn’t pass up those 9s. Added as well
Nice Catch !!
Here we go!! Time for CYN to shine
CYN is coiled and ready to pop
$CYN is the real deal !! Money will flow this way shortly as the others start to tank
How is AMC and GME moving identical. same pops and same bullbacks
That would be bullish
No halting AH lol
Bulls are having a hard time getting past $888. Exhaustion kicking in. Bears are holding that line. I expect a down trend from here back in to the $700s
Running from there Now. Will be seeing Dollars soon
Absolutely !!
Rossi is the best CEO I have ever seen !!
Bulls are out of fire power. Looking forward to a slow drip back to $750 then a break below to fill that gap. Don’t fight the magnetic forces lol
Timber from here !!
Slow bleed off on low volume. Need some News and it will Rocket
Maybe this week
In that case you can only sell on the 11th which is today but it looks like they took .50 off the share price. So you are not really getting anything extra.
Well so much for this special dividend. Looks like they chopped it right out of the share price. Glad I sold on the 2nd. Current price is .90
Premarket volume. Could run today
Warrants at $16
The record date was Apr 2nd. You don’t need to hold to Apr 10 to get paid
Oversold!! Short covering incoming
I agree
Climbing AH. Is .0180 bottom ?
They want that gap filled
Gap filled. Let’s see
Yes hiding and setting bull traps
More like a breakdown territory
China says you can not buy chips outside of China. Not good for NVDA
You smart guy !
What’s going on here. It’s up after announcing private placement offering