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Delisting will not happen so there is virtually no risk of an R/S.. The pps would have to fall below $1 for 30 consecutive day. Not realistic.
JMHO, we'll be seeing $8-10/share somewhere between now and the summer of 2024. That's a 2x profit from these prices.
Good points, but with a positive outcome from the upcoming October trials (which I believe will happen), then everything else will be a moot point IMO.
I believe that Jetblue will be the winner in that trial. They have been taking actions by divesting assets to improve the optics on their behalf. Time will tell.
BOSTON, March 21 (Reuters) - A U.S. judge on Tuesday scheduled an Oct. 16 trial in the U.S. Justice Department's lawsuit seeking to halt JetBlue Airways Corp's (JBLU.O) planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines Inc (SAVE.N).
U.S. District Judge William Young in Boston scheduled the nonjury, four-week trial during the first hearing to be held in the blockbuster case, which the Justice Department filed two weeks ago.
Won't happen. That would be panic thinking. In 6 months this will be at $8+. Good buy opportunity for those with longer term thinking.
2023 Half Year Report..........
https://relieftherapeutics.com/images/pdf/RELIEF_Half-Year_Report_2023Final_with_hyperlinks4.pdf
Donald Smith & CO. Inc. (and others) Increases Stake in JetBlue Airways.
https://beststocks.com/donald-smith-co-inc-increases-stake-in-jetblue/
unless it's a falling knife
This is a patience game.
It looks like major MM manipulation here! No PR to account for the price run up, nor any PR to account for the pps crash. Some folks lost their shirt on this Chinese junk.
I think that once the acquisition/merger with Spirit gets the green light we'll see a 2x banger here.
That also "Drives the Point Home" to NEVER listen to another investor buy recommendations without first doing your own DD.
I think institutions are pushing the pps down and accumulating at this level. We'll see teens again by summer 2024 (or much sooner).
If I see 4, I'll average down again.
6.92 for me. I may average down on a deep dip.
I think 10 is an easy 12 month target (maybe 3 month). Fundamentals are very good. I suspect that the pps push downward is the result of institutions playing around so that they can accumulate 'in mass' at lower prices. JMHO
It's not a swing trade play. She will be at $10 within 6 months. JMHO
I am still LONG TERM "Bullish"
I am still LONG TERM "Bullish".......IF they don't do a R/S. Tim promised that he would never do a R/S. The question is... how good is his word and/or what would happen if he sold his business to another 3rd party. All bets are off then. For now, I'm bullish LT.
I am LONG TERM "Bullish".......IF they don't do a R/S.
At least this PR will result in RLFTF receiving REVENUES from the ACER partnership. It's prorgess.
https://relieftherapeutics.com/newsblog-detail/?newsID=2585961
I don't like the CEO.
R/S is the next chess move.
OK... what makes you think there will be lift off? I've been long this things for too long now.
Give it 1 year and this will be a 2x or 3x banger.
Just curious... what TA indicators do you mostly rely on? And what are your thoughts about this outfit --- https://basecamptrading.com/
Amazing !!
Minor (almost insignificant) mention of HOLO here.... https://markets.businessinsider.com/news/stocks/why-promis-neurosciences-shares-are-trading-higher-by-33-here-are-20-stocks-moving-premarket-1032572883
Whatever works! My best friend (army buddy) makes a good living out of his mancave using nothing but TA. Ain't broke don't fix it. He's got his trades down to the point it becomes boring for him. Two hours of trading in the A.M., and then he has the day off. But it took him 20 years to groom his trading skills to get to that point by studying and back testing thousands of charts. Whatever works! He only uses a small set of strategies at this point.
That doesn't answer my question. That's just the TA via. What is the FA view. Prices go up for a 'real' reason, not just because the technical indicators think it should. Relying 'solely' on charts and TA is not seeing the bigger picture. High risk. This is a china stock.... open for lots of MM manipulation.
So how is HOLO doing so well with NO press releases? Any insight into that?
ACER earnings out. Not was I was hoping for. Looks like they are out of money now.
https://finance.yahoo.com/news/acer-therapeutics-reports-second-quarter-200500038.html
It's a great company. EOM
Absolutely... yes. But that won't get our money back.
I'm a shareholder. I went long with this. I listened too much to - "you know who". For now I'm a stuckholder. Fortunately I did not bet the farm on this because I knew that I should do my own DD and I knew that I should diversify. Nevertheless, I'm a stuckholder hoping this will resurrect from the dead. There is some element of hope, now that the SEC is behind them. But it's a crapshoot at best.
Investors Beware. Some investors can be BULLISH one second, which lures in other investors. Then turn BEARISH on a dime. Do your on DD. Here is such an example (one of many). Buyers Beware!! JMHO
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Dragon Lady
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164018693
Re: cjstocksup post# 4695
Tuesday, May 25, 2021 1:53:49 PM
Post# 4697 of 13723
This is HUGE for QNTA shareholders!
May 22, 2021, the registrant had 176,458,527 shares of Common Stock outstanding.
You got it cj - it's a SPECTACULAR and almost unheard of LOW and LOW FLOAT share count for any OTC company !!
And this is the final POST MERGER NUMBER - which involved a large share issuance of approx 70 million, etc.
ALL NEW MGT from the MedoLife Rx merger (now fully completed) and they made it patently clear in the newly filed SEC 10-Q of today, "WE ARE CLEANING UP LEGACY PROBLEMS left by prior mgt team" etc.
That share count could DOUBLE IN THE NEXT YR - and STILL = a mega low floater and low share count for any growth company :)
Their A/S (available share count) is set at a paltry 500 million = they do NOT plan on massive dilution going forward !
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
This is old news. eom
Looks like JBLU is going to ALMOST hit is 'all time' low! Two years from now investors will be looking back at today price and feel sick that they didn't get in now.
I agree. They won't be able to sell shrooms to resurrect the business. Their cash balance is 3M (give or take some). So they are going to need to dilute to keep financing business operations and those salaries.
Lots of penny stocks (for lots of reasons) execute an r/s who are sitting at
356,287,674 O/S. Don't kid yourself.