It’s not on RH or WB

Entry comments: I'm buying this new reverse split/now-low-float-play online retailer that's partners with VaynerMedia and announced a financing today https://tinyurl.com/yc6kpnu8 and I only got a partial fill as its taking out the day highs. I wanted to wait until after 3pm, but its breaking out over resistance at 3.55ish. Reminds me of VERB, similar kind of biz a while back when it was spiking big, so lets see if this can keep going, goal is to sell in the $4s, cut losses if no further breakout
Exit comments: Cutting losses on this one as I should've taken profits at 4, but I thought it could keep going into the close, now its completely failing and my RXRX play is doing far better so I'll take a small loss here and focus on RXRX which looks like the better play for over the weekend
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| Date | Price | |
|---|---|---|
| Entry | 2/14/2025 | 3.70 |
| Exit | 2/14/2025 | 3.60 |
- Total Views307
- Position Size1,500
- Percentage-2.7%
I'm confused. If it has an offering, shouldn't it be going down due to dilution?
How do you buy this stock ?
@cvsb1264 sometimes offerings can be a good thing as the company needs $ to survive
XGBT says do not trade in its final verdict. (first time getting acquainted with this).
Thanks Tim!