Alpine is a biotech stock that had an earnings report beating estimates two weeks ago. It is now reaching for all-time highs. That said, it is burning cash just slowing down the burn. Both revenue and earnings showed remarkable improvement as compared with the previous quarter. The bullish momentum of price and volume is obvious on the weeky chart with the...
Paramount Global ( NASDAQ:PARA ), the media conglomerate housing iconic assets such as Paramount Pictures, CBS network, and a slew of cable networks, finds itself at a crossroads. Recent developments hint at a potential sale, raising questions about the future of one of the entertainment industry's behemoths. Behind the scenes, the late Sumner Redstone's legacy...
DWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff writer has an article: Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great. The shell company Digital World Acquisition Corp. saw its share price plunge nearly...
OTC:IGPK Has been on the hearts and minds of many OTC traders recently as it was apparently discovered to be doing a 1/1,000 R/S. I say apparently as it hasn't been confirmed yet by the company and many have raised suspicions on the "added" documents to the file that can be purchased from the Nevada SOS. Apparently according to sources, 3 new pages that...
The tumultuous journey of NASDAQ:DWAC stock, the special purpose acquisition company (SPAC) aiming to take former President Donald Trump's tech and social media platform public, continues to captivate investors amidst a whirlwind of events. From surging highs to staggering lows, the stock's trajectory reflects the intricate interplay between market expectations,...
In a recent turn of events, Western Digital Corporation (NASDAQ: NASDAQ:WDC ) is making headlines in the financial world as reports suggest a renewed interest in merger discussions with Japan's Kioxia Holdings Corp. The potential merger, facilitated by Bain Capital and SK Hynix, has sparked optimism among investors and analysts alike. This development comes after...
JetBlue's $3.8 billion buyout of Spirit Airlines was blocked by a judge, citing a threat to competition! After the news, SAVE went down, while JBLU surged from $4.54 to $5.45! However, today it continued the 6 month downtrend and closed at $4.68. This might seem like business as usual on Wall Street, except for the presence of some aggressive blocks of calls...
Key Takeaway i. Two crypto companies ended November 2023 by successfully merging. ii. This deal has given rise to the newly minted Hut 8 Corp (HUT). iii. The crypto mining firm is in an excellent position to ride the current crypto wave to new heights. Bitcoin Rally As the current crypto rally continues sending Bitcoin (BTC-USD) upward, two leading companies...
Musk may be a business prankster but he's not pranking the judge. He set his own target by month end - it is very good odds that it will close. Musk appears to want to avoid disclosure of something in interrogations. Now we are waiting for an actual "funding secured." There is still 10% of juice left in the spread - the risk is well worth it here (especially on...
Ethereum Intraday - We look to Buy a break of 1401 (stop at 1347) A higher correction is expected. Bespoke resistance is located at 1400. A break of bespoke resistance at 1400, and the move higher is already underway. We are trading at oversold extremes. Our profit targets will be 1529 and 1559 Resistance: 1300 / 1350 / 1400 Support: 1270 / 1250 / 1220 ...
Targets 0.05, 0.64 and 0.078 Targets valid is it sustained above 40-41 with solid consolidation
Possible WSB play if network effects of Andrew Tate could influence Zoomer capital to buy the stock as a FU to the monopoly to social media content platforms. However, it does bring into question how much of an influence they really have given how personal savings have fallen back to 2016 levels . This idea is only valid as long as we don't close under $12.05 on...
Ethereum has long been known as the second-largest cryptocurrency by market cap. That will soon change, as Ethereum is poised to overtake Bitcoin in that regard. There are many reasons for this shift, including the explosive growth of investable digital tokens built on top of the Ethereum blockchain. There are now so many of these ERC-20 tokens that even Google...
ETH will pumping because of the merger, but when the countdown almost run out it's likely will dump again.
Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start...
This morning I received a Spike Alert for price volatility at the open on Activision Blizzard NASDAQ:ATVI . Perhaps people are excited about Wrath of the Lich King classic being released? :D This swing trade occurs within the context of the Merger Arbitrage trade which has been going on for many months since Microsoft announced an offer of $95/share to purchase...
VMware Intraday - We look to Buy at 110.32 (stop at 100.60) This stock has recently been in the news headlines. Broadcom agreed to buy the company for $61B USD. Trading volume is increasing. We look for a temporary move lower. Bespoke support is located at 110.00. Dip buying offers good risk/reward. Our profit targets will be 139.88 and 150.00...
Twitter Short Term - We look to Buy at 42.80 (stop at 38.55) We have a Gap open from 41.00 to 44.00. We look for a temporary move lower. Support is located at 41.00 and should stem dips to this area. Further upside is expected although we prefer to buy into dips close to the 41.00 level. This stock has recently been in the news headlines for a buyout by...