Stockideas
$DYNT Announces Extension of Key Distribution AgreementDynatronics Corporation Announces Extension of Key Distribution Agreement
Bird & Cronin Renews Group Purchasing Agreement with Intalere for Orthopedic Soft Goods and Bracing
Dynatronics announced today that its wholly-owned subsidiary, Bird & Cronin, LLC, renewed its purchasing agreement with Intalere, one of the leading national group purchasing organizations in the healthcare industry. The new agreement which extends the partnership through January 2024.
Intalere members will receive negotiated pricing on our full line of orthopedic bracing solutions for spine, upper and lower extremities including key products such as the Sprint® air walker boot and U2TM wrist brace. With more than 100,000 members from healthcare organizations all over the country, Intalere members make nearly $9 billion in purchases annually.
finance.yahoo.com
PLTR Abandoned Baby SetupA classic textbook example of Abandoned Baby setup could be seen in PLTR.
Technical Analysis:
- Price is currently on a support area
- A candle has pierced through the lower bollinger band with a bullish confirmation candle on the following day
- Stochastic entered the oversold zone have started to reverse
- Strong sign of momentum via relative strength
Generally the Technology sector and Software industry are on a strong uptrend. I do believe the market psychology will bring a positive effect on this stock too.
I personally like this Abandoned Baby setup a lot due to the significant buying volume on both the "baby" candle and the confirmation candle.
However, do take note that the price action had failed to form a higher high & higher low.
Also the stock market is currently on a retracement, which might affect the setup.
Why $CTIB stock soared yesterday?investors also need to note that there has been no news regarding Yunhong this morning that could have triggered such a move.
It appears that the Yunhong stock is a target of users across social media platforms like StockTwits, Reddit, Facebook, and Twitter. Investors are buying up the stock in order to force short sellers to cover their positions and when that happens, the stock price usually rises further. Hence, it might be a good idea for investors to keep an eye on the Yunhong stock this morning.
ownsnap.com
$RETO Stock surged on Two RumorsWhile the stock is running for the top, there has been nothing by way of press releases or SEC filings. So, what’s the deal?
- ReTo Eco-Solutions May Be an Olympic Provider. According to various social media posts, investors are awaiting an announcement surrounding involvement in the Olympic Games in Beijing. The rumor suggests that the company’s work with the 2022 Olympics in Beijing will be expanded, exciting investors.
- Merger With Apple Rumor. There’s another rumor hitting the tape too, and this one’s the big one. According to various social media posts, investors are awaiting the announcement of a merger. According to these rumors Apple is interested in merging with RETO.
- The Short Squeeze. the heavy short interest on the stock, combined with the ultra-tiny public float of under 15 million shares could lead to supply and demand related jumps in value. Ultimately, as the shorts race to cover their positions, demand for shares rockets, but with only under 15 million shares available to the public, the demand increase for RETO shares could lead to tremendous gains.
cnafinance.com
Shares of $VIOT surges due to hype in social mediaShares of $VIOT SURGES higher due to the uptick in discussions about this stock has been surging on social media platforms like Reddit, Twitter, StockTwits, Facebook, and Discord. In a StockTwits post, Insider-Analysis.com pointed out that 7 institutions increased their positions in the stock while 3 decreased as of this past quarter.
There is also a bullish report published about the company at Xueqiu.com. After translating the article to English, I read that Xueqiu believes that VIOT is expected to grow 10x this year due to its leadership position in appliances and Internet of Things devices.
VIOT was also listed on a number of day trading watch lists on Reddit. And VIOT was listed in the “Daily Movers” on the Robinhood trading platform — which also added to the momentum of this shares.
pulse2.com
Why $BRN skyrocketed in January?Barnwell Industries Reaches Agreement With MRMP Stockholders to End Potential Proxy Contest
$BRN is pleased to announce today that it has entered into a cooperation and support agreement with MRMP Stockholders, with respect to the potential proxy contest pertaining to the election of directors to our Board of Directors (the “Board”).
the Company will nominate its current slate of directors, which includes three of the MRMP nominees and two new independent directors elected in 2020, to stand for reelection to the Board at the upcoming 2021 annual meeting of stockholders.
The MRMP Stockholders have agreed to vote their shares of common stock of the Company in favor of the election of the designated slate, and the MRMP Stockholders have agreed to withdraw their proposed slate of directors.
I’m gratified that the Board of Directors will be unchanged from last year and be able to continue its efforts to move the Company forward.
The agreement that we have forged with the Company should avoid distraction and unnecessary expense allowing our Board to continue to position Barnwell for long term positive cash generation and further share price appreciation.”
finance.yahoo.com
$PHCF low float chinese stockSince the company has not announced any news directly and there are no SEC reports to trigger a stock price increase, it appears there was a coordinated move on social media to drive the price up.
I am seeing references to $PHCF in Twitter hashtags, Many of these posts mentioned the advantages of the high volume and relatively low float chinese stock.
Buy $UVXY - NRPicks Feb 14$UVXY is an index that seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 for 30 days in the future.
Volatility in the last few weeks has been declining, $VIX comes from a drop of around 40% since January, so the main indices recorded all time highs during the week and if we add to that the euphoria unseeded by WSB in sectors such as the cannabis companies, it is logical to expect a correction.
The Index during the week lost a key level of 10 for the first time in history which could mean a strong rebound in the short term.
Technical:
13% below your MA50
Below-average RSI levels - oversold
Buy $FLR - NRPicks Feb 14Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity and project management services worldwide. It operates through six segments: Energy and Chemicals; Mining and Industrial; Infrastructure and Energy; Government; Diversified Services; and Other.
The construction sector has been one of the hardest hit by the economic crisis due to covid-19. Several projects worldwide were paralyzed and many others that were about to be carried out were postponed, which directly affects the industry. The company's sales this year have been reduced by around 10%, and this year's earnings look unfavorable. The level of debt it manages is consistent with that of its competitors.
Fundamentals:
- Value
- 90.3% estimated net earnings growth over the next 3 years.
- P/B 2.2x VS 2.5x industry.
Technicals:
- Price level above SMA 200, Cross 50 MA
- Williams R% at -77% levels
- RSI (46) Neutral
- +2.7% average upside during the month
An industry correction was presented, the effect on Fluor of -15% from February 9 to 11, which stopped at $17.30. From this point on, the stock has shown a clear change in trend, due to the fact that there is no clear rationale for the correction. In terms of technical indicators, the only one that looks really favorable is Williams R, as the stock has recovered almost 4% from the low of the last correction.
Buy $SBS - NRPicks Feb 14Companhia De Saneamento Basico Do Estado De Sao Paulo is a Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world and the state of Sao Paulo is the majority shareholder of the company.
Waste management companies have certain revenues and could be considered as defensive. In the case of SBS, we have the advantage of low debt and positive net income. The company's revenues have declined due to the pandemic; however, in the long term it should show a recovery.
Fundamentals:
- Value
- 37.1% estimated net earnings growth over the next 3 years.
- ROE 13.8% vs. 7.7% for industry
- P/B 1.3x VS 2.9x industry.
Technicals:
- Price level below SMA 250-200-150
- Williams R% at -41% levels
- RSI (49) Neutral
- +3.8% average upside during the month
The stock price has pulled back to a key $7.29 level without clear fundamentals. At this point, the stock is showing a reversal and change of trend. Finally, the SMA indicator is favorable.
Buy $HYLN - NRPicks Feb 07Hyliion Holdings Corp. (HYLN) is a company that designs, develops and sells electrified powertrain solutions for the commercial transportation industry. Provides battery management systems for hybrid and fully electric applications.
Electric car manufacturers belong to an industry with a lot of potential, which has benefited from UK measures to reduce carbon emissions and Joe Biden's decrees regarding the Paris agreement.
$HLYN comes from a 73% recoil from its highest point in September 2020, reaching its lowest level since June 2020.
Technical:
Average RSI levels 40.93
10% below your MA 50
2-month support at $15.47
Buy $APXT - NRPicks Feb 07Apex Technology Acquisition Corporation is a SPAC that merged with Microsoft 365 AvePoint provider worth $2B.
AvePoint 2020:
Revenue of $151M +29% Y/Y
$70M cash
No debt
Technical:
MACD (12.26) - 1.39
Bounce on MA 50
Average RSI levels - 48.85
Buy $BA - NRPicks Ene 31Boeing is a leading aerospace and defense company. Headquartered in Chicago, the firm operates in four segments, Commercial Airplanes, Defense, Space and Security, Global Services and Boeing Capital. Boeing's commercial aircraft segment generally produces about 60% of sales and two-thirds of operating profit.
Due to the restrictions, the company has experienced order cancellations, resulting in reduced sales. The company could be considered very important, as it is one of the two companies supplying the airline sector. On the financial side, it has consistent debt with respect to its competitors.
Fundamentals:
- Value
- 54.2% estimated net earnings growth for the next 3 years.
- ROE 10.5% VS 12.4% industry.
- Price to Book 1.1x VS 1.2x industry.
Technicals:
- Price level below SMA 250-200-150.
- Williams R% at -89% levels
- RSI (40) Neutral
- -6% average downside during the month
A 20% correction was presented from Dec. 7 to Jan. 27, which stopped at $193.5 support. The stock has no key fundamental reasons for a pullback, in addition, some analysts have raised its target price which should resume the uptrend. Finally, the technical indicators show a positive buy signal.
Buy $GBTC - NRPicks Ene 31Grayscale Bitcoin Trust is solely and passively invested in Bitcoin, enabling investors to gain exposure to BTC in the form of a security while avoiding the challenges of buying, storing, and safekeeping BTC directly.
Technical:
SMA Support 50
Continue trending
Volume Pattern
Flows could return to BTC (Target ATH)
Why $AVGR skyrocketed in 2021?Avinger (NASDAQ:AVGR) is seeing a massive boost to its stock on Friday after being listed as a hot penny stock to buy on Robinhood.
The recent interest in AVGR stock comes after PennyStock.com published an article about its top penny stock picks for January 2021. Avinger takes the top spot on that list with a price target of $1, which represents a 53% premium to its closing price on Thursday.
Avinger launched Tigereye in a limited release in the U.S. and Germany in the fourth quarter of 2020.
The company is planning to expand its release of the medical device in the U.S. in the first quarter of 2021.
This will have it reaching a full commercial distribution of Tigereye during this period with a national launch taking place this month.
finance.yahoo.com
BlackSky to List on NYSE via Merger $SFTWBlackSky, a Leading Real-Time Geospatial Intelligence, Imagery and Data Analytics Company, to List on NYSE Through a Merger With Osprey Technology Acquisition Corp.
The business combination agreement is expected to provide approximately $450 million of net proceeds to the combined company, assuming no redemptions, to fund expected future growth, including a fully committed $180 million common stock PIPE with participation from leading institutional investors including Tiger Global Management, Mithril Capital (co-founded by Ajay Royan and Peter Thiel), Hedosophia, and Senator Investment Group. Additionally, Osprey’s sponsor and its affiliates are investing over $20 million in the PIPE.
Pro forma equity value of the merger is expected to be nearly $1.5 billion at the $10.00 per share PIPE price.
BlackSky has established contracts with multiple government agencies in the United States and around the world. BlackSky’s pipeline of opportunities grew by $1.1 billion in the last twelve months and stands at $1.7 billion today.
The transaction is expected to close in July 2021.
finance.yahoo.com
Why $ELYS Game Technology soared in 2021Why Elys Game Technology soared in 2021
On november 25. Company Announced Appointment of Senior Gaming Industry Executive Matteo Monteverdi to CEO.
Matteo has been leading world-class B2B and B2C teams in the technology and digital industry for over 20 years between Silicon Valley and Boston. He spent the last decade of his career at the intersection of social gaming, digital betting, i-gaming and media working for international organizations in high growth segments.
finance.yahoo.com
Elys Game Technology Revenue Increases 44% to $9.7 Million for the Third Quarter of 2020
finance.yahoo.com
$TUSK awarded a contract of $40 million in revenue Mammoth Energy Announces Growth of Engineering Services Company
$TUSK today announced that its wholly owned subsidiary, Aquawolf, LLC (“Aquawolf”), has been awarded a contract by a major utility to provide engineering and design services. The three-year contract is expected to generate up to approximately $40 million in revenue over the contract term.
finance.yahoo.com
$TRCH Senior Secured Lender Converts Remaining $1.5 MillionTorchlight Senior Secured Lender Converts Remaining $1.5 Million of Senior Debt
announced today that Torchlight's only remaining secured noteholder has converted all $1.5 million of its remaining position into common stock at the conversion price of $1.50 per share, for a total of 1,000,000 shares. This leaves Torchlight with no term debt remaining on its books. The blanket liens on the Orogrande Project and the Hazel Project that were securing the debt will be released in full.
finance.yahoo.com