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Amazing a $3.65 stock trading at $.90.
The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month. Anghami intends to maintain the listing of its ordinary shares on the Nasdaq Stock Market following the closing of the transaction. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions and regulatory approvals. Following the closing of the transaction, OSN Group will own a majority stake in Anghami Inc.
Don't forget warrants. $065 offering is a combined total of over half bil shares.
Starting to watch the GEGI chart here. Looking for a break up off of bottom right shoulder in a classic inverted head and shoulders pattern. Possibly back to half cent would be nice!
https://schrts.co/EdqkMicp
Wow! What a nose bleed drop. From $.625 to $.46 in a couple of minutes. Kinda killed the momo. Guess that's the intent. I need to walk away from this market. No rules, guides or laws anymore. Always was a challenge, but now corruption beyond the pale. Massive naked shorting everywhere. Where are all the shares coming from????
200 daily moving av. and 50 weekly moving av. both at .0014. Also happens to be near point of breakout from symmetrical triangle in early August. Just an educated guess. Will it get there? No one really knows.
https://schrts.co/zumINWKA
https://schrts.co/yJvmwmSz
Is that a buy of 184,186 shares @ the closing bell?? Sure looks like it. Not casual pocket change from any retail investor. Possible gap in the morn with news? One can only hope............
50 dma has held well, 10 dma floating nicely above the 50. Just need a little catalyst, like 1st quarter earnings report. Where is it??
https://schrts.co/BYPMGhqg
Where's the 9 + million bidder from Friday @ .0102???? Chunk it out there, let's go!!!
Could be, but 36 million dilution last two days. Lager was right. Careful......
Thanks for the input. Will tread lightly.....
Looks as though mm's are masking the ask, as 10,000 on the ask while over 4.5 million have been traded at the asking price. Totally illegal, but who is to stop them, the SEC?? The same ones who made the governance rules and laws, ha!
You sure it's all selling. Massive volume alright. There's not a day in past history that can even touch it. CEO says their last q was a "breakout quarter" for them. New product on the horizon, and one that may be quite effective. Curious to find out more, but taking a small position on this amazing volume. Hopefully "volume proceeds price". 50 dma @ .0023
https://schrts.co/gIWiavxb
That's the way I understand it. They will be merged into sub of PRTC, with a right to receive only $.05664 cash after a "shop around period" til July 1st.
Gap in the chart @ $.15. Going back to that??
Bounce off the 20 dma gonna hold? Getting a few here.
https://schrts.co/DMZBMPys
Strange trading going on. MM's would not let .0088's go, even though ask was tripled in volume.
Looks to be safe at this point. Chart looks very similar to run at the end of January. Notice the macd.
https://schrts.co/yUeSCFDu
Saw that. Possible short cover??
https://finance.yahoo.com/news/bannix-acquisition-corp-announces-binding-120000005.html
Scroll down GBT tech mentioned
That means next few weeks, down down down. Look to the 200 dma for stabilization of pps, currently @ $.09. However, there's a gap in the chart @ $.075. It would be a good time to fill. All jmho
https://schrts.co/HedzfxGW
Le Bailey work for BMXI? Where did the company say by the end of March? Thanks again. People are thinking March is end of quarter for BMXI. Not so...
Huh? It's not? Don't remember them saying they would post audited financials on the last day of March. Maybe I missed something. Could you post that info please. Thanks.......I do remember them stating somewhere by the end of the first quarter, which ended last month..
Where is it? The site visit was supposed to be the last stage of audit. Means the fins were done previously.
The scheduled site visit in Indonesia is confirmed for March 20th, and its primary objective is to facilitate the Auditor's site visit and acquaint the on-site management with the Auditor. This can be considered as the final major due diligence of the audit process. We will…
— Brookmount Gold (@brookmountgold) March 13, 2023
WSRC 200 million dollar contract to restore, dredge Twichell Dam in Santa Barbara. Chart looks ready.
https://schrts.co/dfiVBpjE
Chart looks about ready to go to me. Buy it when nobody's interested, sell it to them when they all want it. Good fortune to all!
https://schrts.co/AwzaxXtH
Buying some SPXU on hawkish stance and comments by Jerome Powell.
https://schrts.co/kceFFPIS
Market cap of 6 million ? Ridiculous! Net income from last quarter of 2.5 million.
Somethin up with bbkcf. Blockchain intel.
DMGGF Bitcoin miner. Mined 106 coins in December, bout $2 mil. Good stock if bitcoin continues run.
6 month falling wedge pattern for IGEX on chart.
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:falling_wedge_reversal
And there it is..........Genesis Electronics Group Acquires Glid, LLC
https://www.otcmarkets.com/stock/GEGI/news/Genesis-Electronics-Group-Acquires-Gld-LLC?id=377517
Trading volume suggests a Bitcoin breakout?
MGTI - Bit5ive back on the watchlist..........
https://www.newsbtc.com/news/bitcoin-notches-highest-trading-volume-in-months/
MM's needing shares or what? Anyone have a decent explanation for this pps action today? Market's up big, Oil up big, huge news for nxmr. Looks like a revolving door of revenue for the foreseeable future. Small float, this thing should be ripping past a nickel imo.
Kinda liking the chart here. A break of .0026, challenge the recent high of .0033, then off to the 200 dma @ .012. There is a gap @ .0096 that needs to be filled. Could coming news coincide with this price action?
Class action law suit coming from this guaranteed. Double speak.
Looks like an easy double on the weekly.
https://schrts.co/vtkPHQIY
Good question. I'll go with insiders getting out before crash. ? Bought it several times last few months on btc pop, thinking it would move up. Now btc sucking air, and it moves. Ha!
Long or short, who knows. Guess we will find out later. Definite set up though, as position was only there for a moment, and gone.
Yeah, at first glance looks like they pumped it up for the seller.