Surly #Stonks

[Anastasis 23699]

37 minutes ago, Trey3216 said:

Holy Fucking Shit.  They dumped a $300mm shelf offering on the market after news that helped it run this morning.  Halted again.  Probably gonna wipe out the day's gains.  

bought 10k @ .8567.  Traded out of it a few minutes later for a little Xmas money. Its at 0.65 now lol. 

[MonkeyDoughnut 10761]

1 hour ago, Trey3216 said:

Holy Fucking Shit.  They dumped a $300mm shelf offering on the market after news that helped it run this morning.  Halted again.  Probably gonna wipe out the day's gains.  

The $300mm shelf appears to be from 2022 active for 3 years, so it's been out there a while. They could utilize chunk of it here though for sure.

[Blotto 23974]

40 minutes ago, MonkeyDoughnut said:

The $300mm shelf appears to be from 2022 active for 3 years, so it's been out there a while. They could utilize chunk of it here though for sure.

Live look-in at their CFO after unloading the entirety of their shelf offering this AM

Spoiler

 

[Harrison Stafford 3390]

On 12/11/2024 at 2:27 PM, Harrison Stafford said:

The volume in RGTI is just nuts. 250 mill outstanding and its traded 290 mill today so far.

It could still pull back in a hard correction, but I think people are recognizing their technology as some of the fastest and they are working with Amazon Web Sves and Nividia. Its hard to pick a different pullback target since it has essentially gone vertical.  Last Thursday, RGTI was $3.11 and it’s currently trading at $7.18 up 131% in the past five days.

RGTI closes +2.70 to 11.13.  How do you chart a vertical move?  I surrender.

[Coelenterate Fuccboi 13385]

On 10/28/2024 at 12:49 PM, Coelenterate Fuccboi said:

Most stocks in that price range run because they need to dump more shares (dilution). Typically, they are out of money and generate momentum to get people to buy, thinking it’s going to the moon. I don’t know any specifics on this particular ticker.

Reminder

 

* Regarding TNXP

Edited 15 minutes ago by Coelenterate Fuccboi