NXTD:
Sector: Industrials (Security)
Catalyst: Crypto Madness (Hot sector). Fitpay (allow customers pay with cryptos). Also had a good revenue turn around
Float: 16M / Dilution to 18M (Dec 21st)
Price: Seems overextended. 3rd green day in a row (today 4th)
History Chart: On 52W, But 4 year chart not so good
Play 1 : Long basis all the way until 1st red day appears and weakness sets in. Until now it will be squeezing stubborn shorts
Have cash problems and I dont think that 7M$ are going to be enough. Maybe another toxic financing will come.
Careful with the 1.750.000 shares offered that are going to be dumped (more likely) on a price higher than 4.
NETE:
Sector: Tech (Online Media)
Catalyst: Crypto Madness (Hot sector). New Blockchain unit (Payment platform)
Float: 1.9
Price: Bouncing similar to OTIV. (A lot of resistance until the 30s)
History Chart: Horrible history chart. Have a few splits on it (Inspire of being low float)
Play 1 : Just watch. Don’t like all the recent resistance it has but crypto madness may set in
OTIV:
Sector: Industrial Products
Catalyst: Crypto Madness (Hot sector). Use of bitcoins as payment
Float: 37M
Price: Bouncing similar to NETE. (A lot of recent resistance until the high 2s)
History Chart: Not as bad… A lot of resistance until the 5s
Play 1 : Just watch. Don’t like all the recent resistance it has but crypto madness may set in
They dont have as much cash problems
DPW:
Sector: Tech
Catalyst: Crypto Madness (Hot sector). Hight tech crypto mining developer. Also earnings winner on Nov22
Float: 22M
Price: Broken 4.60 support.
History Chart: Really really nice one. Resistance is at 5 but no ancient bag holders.
Play 1 : May be a bounce play
Filled S3 form days ago. This allows the company to make public offering as they want. Up to 100M (Mixted Shelf)
They are not desperate for cash, but they might be needing for they new mining project.
SGLB:
Sector: Tech (Application Software)
Catalyst: Contract Winner for 3D Printing
Float: 4.7M
Price: First green day. May gap up today
History Chart: Not a good one. A lot of resistance at 9. Former Runner
Play 1 : 2nd green day. Maybe a 2nd leg and we can see a nice squeeze after 4.5 is broken
They need cash so be careful with offerings
IGC
Sector: Basic Materials (Steel)
Catalyst: Crypto Madness ( Really fluffy press release about this one. Apply blockchain to the medical cannabis industry). I dont know why a Steel company is doing this???? Really confused.
Float: 22M
Price: Gapping up huge first green day.
History Chart: Resistance at 2.30, then at 2.50, then at 3.50. Not an awesome chart
Play 1 : I like to dip buy the profit takers on the open that creates a panic, and sell on the bounce.
They are not as bad on their cash situation.
FTFT
Sector: Consumer Defensive - Beverages Non Alcoholic
Catalyst: Crypto Madness. Customized technology blockchain system. They even changed their name. It is kind of funny…SkyPeople Fruit Juice International Holding to Future Fintech
Float: 2.8M
Price: Holding its gains. A lot of resistance at 6.
History Chart: Former runner. The 6s are key
Play 1 : I will look for a breakout at 6. Long basis on this one
They need cash
I keep an eye on RIOT as I consider it a leader on the Crypto mania sector. Also LFIN and MARA. Just because I like how they run.
Posted Dec 26, 17 8:08 AMbyEdu
Received 1 Karma
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