Tempest Therapeutics Inc (TPST)

[trader53]

TPST - Factors that Helped the Stock Surge


TPST

https://www.otcmarkets.com/stock/TPST/security

https://www.quotemedia.com/portal/history?qm_symbol=TPST

https://stockinvest.us/stock/TPST

http://www.stockta.com/cgi-bin/analysis.pl?symb=TPST&cobrand=&mode=stock

https://www.stockscores.com/charts/charts/?ticker=TPST

https://www.barchart.com/stocks/quotes/TPST/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(50);SMA(100);SMA(20);SMA(200);RSI(14,100);MFI(14,100);SMACD(12,26,9);PTP(50);PTP(50);BOLLW(20,2);BBANDS(20,2)&sym=TPST&grid=1&height=500&studyheight=100

https://www.barchart.com/stocks/quotes/TPST/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(50);SMA(100);SMA(20);SMA(200);RSI(14,100);MFI(14,100);SMACD(12,26,9);PTP(50);PTP(50);BOLLW(20,2);BBANDS(20,2)&sym=TPST&grid=1&height=500&studyheight=100

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Subject: Shareholders Rights Plan


Oct. 11, 2023

Tempest
Adopts Limited Duration
Stockholder Rights Plan

Unfortunately,
Tempest, like many other biotechnology companies,
continues to experience a significant and ongoing
dislocation in the trading price of its common stock.

https://www.otcmarkets.com/stock/TPST/news/story?e&id=2654484

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The Secrets Behind a 4000% Biotech Stock Surge
https://www.barchart.com/story/news/21211107/the-secrets-behind-a-4000-biotech-stock-surge

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Factors that Helped the Stock Surge

When it comes to small-cap stocks,
or in this case, micro-cap and low-float stock,
several factors lend a helping hand to a stock surge.

While the market capitalization of TPST
was over $100 million at one point,
as the stock rocketed 4000% higher,
the stock had a modest market cap
of about $5 million before the move.

This micro-cap starting point
had positioned the stock
to achieve significant percent returns
should volume and a catalyst
enter the frame.

The biggest contributing factor
to the enormous surge was
the stock float size
relative to the volume traded.

The stock is estimated to have
a public float of 12.5 million shares,
having grown post-dilution.

On day one of the breakout in volume and price,
the stock traded over 170 million shares.

This influx in volume
created an enormous supply and demand imbalance,
as the float was likely significantly smaller
than 12.5 million shares at that point.

So, with a lack of supply and a surge in demand,
it appeared the stock had nowhere to go
but higher on the day.

The final leading factor
that contributed to the surge higher
is intraday shorts.
Intraday shorts threw gasoline on the fire.

The supply and demand imbalance existed
even without the involvement of short sellers.

However, with a wide availability of locates reported for TPST
at a reasonably low price, $0.17
retail short sellers
contributed significantly to the imbalance,
resulting in a remarkable squeeze higher.

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