Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe a "HINT"? Software company acquisition?
Based on that filing yesterday, seriously looks like the CEO here is being investigated? That is not good! Could be arrested if that does not go well I am assuming? Very hard choice to stay in this. That and the fact they may at some point lose their NYSE and be de listed. Some of these filings are kind of game changers here unfortunately.
Could not agree more. Many good days ahead for this stock! Even at this volume we are not even close to the potential of what RCAT can do. The float is the real key and guess what....they structured and designed it that way on purpose TO EVENTUALLY INCREASE PPS!
The thing just hit a coupler year high? Not sure what else could be said at this point. Good also outlining the benefit to the short side of trading numerous times here on the board over the last year! Gives perspective on certain posts about RCAT from that point of view for longs.
VERY VERY GOOD THING! They are trying to take a position but if one of them is here, there will be more that follow soon. Just look at a company like ALPP. OTCQB holding company with some similarities to us. They currently have over the last 30 days an average trade volume of 9.8m shares a day! So, imagine if we saw even a quarter of that daily as an average over 30 days? IMHO, a lot of that volume was fueled by institutional investment and some retail. Especially looking at the long list of market makers on that stock daily.
AI=Sophisticated Investors? Maybe Institutional? Funds? Pretty obvious higher level tech then mainstreet retail.
+++++UP!!!
Yup....
Honestly, looking at Level 2, there is someone playing to try to drop the price and gather shares. Based on the action on level 2 I thought for sure it would end up big green by the end of day. Obviously I was right! Guessing it is the big short position hanging over this and have not been able to toggle it down enough since people are holding since we did the next leg up. Thus they are passing shares to themselves they already own to take it down and maybe even loosing some along the way. Especially since Thompson bought shares he can readily trade and are not locked up at 2.66. IMHO that may have been a tactic to try to protect the share price against shorters. Either way, they can not play those games forever as the volume grows. One big day and they will be crushed. And that day will hopefully come soon.
Yup, there is no reason this does not have volume in the millions at this point. Take a look at ALPP for example or UAVS which is a much smaller revenue company with current losses.
That short amount sitting there is gong to be like a powder keg under the right situation. More and more eyes will come here over time. GLTA.
Nothing wrong with that. Maybe says something about him as a person and human being working within the lines help those who have been bashed down by OTHERS along the way. If I could put a thumbs up on your message I would.
More To The DJI Ban Then Realized
https://www.theverge.com/2020/12/18/22188789/dji-ban-commerce-entity-list-drone-china-transaction-blocked
Did not realize that US companies can no longer even share tech with DJI. Wow. That even changes things further about what we are talking about IMHO. Basically allied secure based companies have to fill the gaps to create Drones that do not have any Chinese parts. That is the way I am understanding this. Makes sense though but whoever can have a full scale manufacturing operation up and running doing that on a large scale will win the day IMHO. I am guessing many of the drone companies out there today even if US based buy most of their parts and/or have the whole drone manufactured in China. So this could be a total shifting of the chess board when it comes to the Drone industry depending on capabilities that way. And RCAT seems like they could be ahead of that curve. Especially with FatSharks US based manufacturing capabilities and talent already in place.
Really looking forward to this week. Hope after...um...how many hundreds of weeks...this is actually going to be a big turn for RCAT. I am sure many of you guys feel the same way.
There are so many aspects of software that go along with this now it is crazy. IMHO I think they are searching(maybe already found?) a software company to help them develop the connectivity and remote ID capabilities for what they are doing and then building a user interface system that can literally have hundreds of thousands to millions of customers interface with it via an internet connection to look at data and analytics. That is the biggest nut I see here to finalize everything for DroneBox that may not have been initially planned for DroneBox when they first started developing it. Then when they started working more closely with the government they realized it was a must to build that out. And right after the FAA started talking about remote id that is when Thompson publically started talking about a monthly service. Honestly, before the FAA started talking seriously about that about a year ago I do not remember seeing anywhere or having Thompson ever say a word about anything regarding adding remote ID for it outside of the user having the access to the data on their control device not others much less a monthly service structure. Just an observation for what it is worth.
Very true! Go Chain? I think you mentioned that before. But, not sure if that would make sense from an overall strategic standpoint based on what it looks like they are putting together. Either way, hopefully this time will have thousands of eyes instead of ten!
In comparison with volumes, especially with ALPP since they are QB also and not on a higher exchange like UAVS, if we get to 1 million a day or more volume like they are regularly now we will easily see days of market caps over 500m IMHO or much much more. This will be due to Wallstreet dollars coming in here and retail riding along and pushing it. Also, pretty much across the industry consensus that the federal government ban of DJI drones for any government functions even down to the city level for national security reasons is the reason for the pop in all the stocks. That was dropped on 12-22 and coincided with the major moves slightly before and then through the EOY in all the US and European based drone plays.
By the way, as far as earning this stocks day finally arriving, could not agree more.
YUP....next week hopefully will be biblical! Our jobs though is to try to spread the news any way we can think of at this point to make it exponential. The more eyes on this the better. And, any way to put this stock on institutional investors radar should be brainstormed also. I am sure there are certain boards they watch more closely based on their holdings etc. Just a thought!
I think we just had the turn right before the close into the bull run we are going to have next week. Really can hope. But as this pulled back the last couple days,outside of the longer Mac D, technicals were showing a strong buy signal. And if you watched level 2 prior to the turn it was obvious they were trying to shake shares and the spread was growing because there was no longer anyone there to panic sell. Guessing the next leg up next week when everyone and their money get back to work will be significant. GLTAL.
They now have 10m in revenues with FatShark! So ya, this is the real deal. However, we have all said the true game changer here is Dronebox. And Dronebox will dwarf whatever else they are doing down the road once things really get going with the Amazons deliveries of the world and government stuff coming in. That alone has the potential to make this into a huge company. But regardless, Rotor Riot guys are cool, FatShark is cool...but..they also realize hobby is on its way out to a big extent because of the new FAA regs and system. Thus, it is time to grow up and shift towards military and large commercial considering that is where the money and business will be in the future and will appreciate there skills and reward them for it. They are smart that way! Way ahead of things by creating this company. Just food for thought because I do not see another company that is US based that gets the future like RCAT does at this point.
Welcome! No kidding about fat shark! Anyway, in a couple of the conference calls and in filings they’ve stated that they seriously planned up list soon. That was over the duration of this year. Then a couple of months ago they stated that they were having a little trouble because of the aging of the company. They had to have two years of aging and they were not there yet. However, at that point they said that they had passed that mark and now could move forward soon with an up list once everything else qualified. Anyway, hope that helps. And Sam said, one of the last pieces of the puzzle is the share price. Most of us here think this is probably going to go over $10-$20 here soon. Once that happens, then I cannot imagine that it’s gonna be a ton longer before they would file to uplist. However, I remember reading in the rules for NASDAQ, for example, that they have to hold an average share price of the amount for 30 days. So we’re not quite there yet. They also actually said they were in negotiations with NYSE back a ways and NASDAQ as well.
Just the fact they are mentioned in an official document there proves rcat is at the very least somewhat involved in the development. Pretty much a smoking gun to some extent that Dronebox will integrate with that remote I’d and traffic system being developed. Pretty huge.
Thanks for stopping by and taking a look! Do some DD and tell your investment crew! It is all here. This is a serious contender for a soon to come up list. And, it is probably the best public investment in the US drone industry there is! Lots of things going for it. Check out this video by the RCAT CEO. It is informative about the recent acquisition and was just done about a week ago. Also points out the ridiculous market cap of the stock in comparison prior to the DJI ban being announced by the government!:
https://www.facebook.com/RedChipCompanies/videos/790951678303763/
Alot of that is going to depend on if there is actually institutional money trying to buy in here. If there is, and I think there is based on the trade patterns, this will keep going with some pullback here and there for awhile. That is happening over at UAVS. Over a seven day span they went from where we started under a buck to over 8. However, they have a much bigger float and 2.5 times the outstanding shares. So, if sophisticated investors are looking at a book value on this in comparison that would put us around 20 bucks or maybe more for a similar market cap. And UAVS only has around 3m a year in revenues so much smaller that way. So, RCAT actually deserves a higher market cap in comparison. So, I really think this could go much much higher then you think. Could be wrong of course. But, what makes me think that is companies like INTF during the bitcoin craze that went from about a buck to 70 over about a 2-4 week period. And, RCAT is a much more stable, well positioned and run company with much more human and leadership talent then INTF ever had. Considering this is the real deal, and Thompson has a reputation on Wallstreet, this could get crazy IMHO. Just had to get it started and noticed on the retail size and also have the DJI drone ban on the other to spur Wallstreet into commons. That has not played out all the way yet either. I think there will be a good month of push and pull just from that fact as people see the gains and news starts to break on this in the investment world in general. I really do not think it has yet. Just look at how low all the message volume is on all the internet stock boards at this point. Still lots of money out there where the powers who control it may not even know about the DJI ban yet. Once they start looking for something to get into, I think this is going to be very attractive for a lot of reasons. Especially since there are so few options that are public. Hope I am right.
Also look at this recent video from Thompson. Even he admits our market cap is ridiculous currently compared to other drone companies. The DJI ban will make that change quickly IMHO. We are talking about billions of new business that could be obtained that there is not currently the ability to fulfill.
https://www.facebook.com/RedChipCompanies/videos/790951678303763/
Im going to hold here for awhile before taking any profits. Just think it looks to good at the moment to pull anything now. Especially since that DJI banning is really only a couple business days old. There will be more that come here once that news spreads and I want to be here when they do. Have some other plans but the stocks I am looking at in the future are not at a point where I am ready to invest yet in their cycle. Need to be a little cheaper. Thats about it.
What a coincidence, me to!LOL
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
RCAT #2 On Breakout Board Today!
RCAT could honestly end up being the #1 investment in the Drone industry in 2021!
Unlike many other OTC companies, this company is LEGIT and is more then likely close to up listing to a major exchange, 10-15m in revenues, low debt, low float, and low OS. Plus up over 400% in the last four trading days and if you do some DD it still has a ton of gas in the tank! A good target based on similar companies would be somewhere around $20 a share. Furthermore, they are in the Drone industry which is exploding right now! Honestly, their products are amazing as well as the fact that DJI has been banned from being bought or used in any US local, county, state, or federal government functions! DJI is the biggest drone maker in the world so this leaves a couple billion dollars of business on the table for US companies in the Drone market now and there are not many US drone makers! Redcat is one! Come take a look!
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/Red-Cat-Holdings-Inc-RCAT-3864/
FINISHED THE DAY AT #2 ON THE BREAKOUT BOARDS!
NOT BAD!
https://investorshub.advfn.com/boards/breakoutboards.aspx
That should get us some attention here on the board tomorrow!
Really sorry man.=-( I figured you would have averaged down also after the reverse split. It took some guts from people here to do it without knowing the future. Luckily it looks like we have stumbled into potentially one of the hottest stocks for 2021 on the ground floor. At least is looking that way at this point. Still early but chances are growing every day we are on our way to some crazy stock price numbers here soon....
Awesome EOD! Based on the last hour of trading guessing we are onto the next leg tomorrow! Looking forward to where we sit by the end of the week. BTW, remember everyone, we are now all over the place on all the boards and alerts as a major gainer, breakout, and hot stock! We should see the residual of that and a ton more people lurking starting tomorrow based on past experience if it follows the pattern. At least we can hope! Would have hated to be a short today that is for sure! GLTAL!
Finally after all these years...WE GO UP FOR VERY GOOD REASON!
THIS IS RCATS TIME! CONGRATS TO ALL WHO DID NOT FLIP THIS TODAY OR CASH OUT AFTER THE LONG HAUL! SMART MOVE! MAY BE IN THE TEENS TOMORROW! CROSS OUR FINGERS! WHOOOHOOO!
JUST HIT A DAY HIGH! Feel pretty confident the institutional money is starting to flow in here based on the level 2 action! EOD high technical wise means tomorrow we fly again! Awesome!
Looking like you might get your wish! We have half of it already nailed down with the volume! The rubber will meet the road at the end of the day here. Let us see if we can get back over the daily high! That will show us if the deep pcckets are actually messing with the MMS and trying to buy in IMHO!