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$CTXR Announces Closing of $76.5M Registered Direct OfferingCitius Pharmaceuticals Announces $76.5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules. today announced that it has entered into definitive agreements with certain healthcare-focused and institutional investors for the purchase of an aggregate of 50,830,566 shares of its common stock and accompanying warrants to purchase up to an aggregate of 25,415,283 shares of its common stock, at a purchase price of $1.505 per share and accompanying warrant in a registered direct offering priced at-the-market under Nasdaq rules. The warrants have an exercise price of $1.70 per share, will be immediately exercisable, and will expire five years from the issue date. finance.yahoo.com Citius Pharmaceuticals Announces Closing of $76.5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules finance.yahoo.com
NASDAQ:CTXR
by AlenCiken
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
NASDAQ:VIOT
by AlenCiken
$WATT Shares Skyrocket on Apple Battery RumorsEnergous Shares Skyrocket on Apple Battery Rumors Energous jumps on news that Apple is working on a wireless charging attachment for the newest iPhones. The battery pack would attach to the back of an iPhone 12 using the MagSafe system, which all the new iPhones use for charging and pairing other accessories such as cases and wallets. Energous develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices. Energous had said in a regulatory filing that its WattUp product will undergo compliance testing with Apple, according to CNA Finance, but there was no reference to a partnership. www.thestreet.com
NASDAQ:WATT
by AlenCiken
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Boeing-Backed Aerion Is in Talks for $ALTU SPAC ListingBoeing-Backed Aerion Is in Talks for Altitude SPAC Listing The companies are discussing a deal that would value the combined firm at up to $3 billion, said the people, who asked to not be identified because the matter isn’t public. A deal could be announced as soon as this month, the people said. The talks could still fall apart and end without an agreement, they said. Aviation giant Boeing Co. announced a partnership with Aerion in 2019, along with a significant investment in the company, according to a statement at the time. Aerion had planned to finalize the design of its first supersonic business jet model last year, according to its website. Manufacture of the AS2 will start in 2023 with plans for it to be in service in 2027. www.bloomberg.com
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by AlenCiken
Why $DNK stock price surged heavily in november?Why DNK stock price surged heavily in november? What triggered the stock price surge is a report by Chinese media outlet Thepaper.cn saying that 5I5J Holding Group (owner of Danke’s rival Xiangyu) is in takeover to buy Danke. There have been reports that Danke was pursuing bankruptcy, but the company denied those reports on its Weibo account earlier then, according to South China Morning Post. One of the reasons why there is speculation about Danke filing for bankruptcy is due to upfront payments being collected from Danke tenants, but there was a failure to pay the landlords. This is why tenants and landlords protested at Danke offices later. pulse2.com
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by AlenCiken
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
AMEX:BRN
by AlenCiken
Buy $TWM - NRPicks Ene 31The TWM is an X2 Bear ETF of the Russell 2000 Index, which is at a key level due to its third consecutive rebound in the MA 50. We consider that in the current context where volatility is high and large trading volumes can be evident in Small Caps and according to our views, this scenario could stay that way. That's why we think this inverse could benefit from a drop in the IWM index close to -5%. Technical: MA 50 bounce Breakout at 17.65 accompanied by an interesting volume of purchase Average RSI levels
AMEX:TWMLong
by NewroadTrader
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.
NYSE:BALong
by NewroadTrader
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
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by AlenCiken
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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
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by AlenCiken
$CAN Announced all time high purchased bitcoin mining machinesCanaan Announces Improved Revenue Visibility in 2021 today announced that its revenue visibility has improved substantially in 2021 as a result of attaining purchase orders totaling more than 100,000 units of bitcoin mining machines from customers in North America. Many of those purchase orders were placed with prepayment and will likely occupy the Company’s current manufacturing capacity entirely for the full year of 2021 and beyond. With those fully committed purchase orders, the Company now enjoys a much higher degree of revenue visibility and more precise forecast. As such, the Company is able to leverage such information and additional liquidity to conduct its component purchases, production scheduling, warehousing and logistics. In late 2020, we shifted our client base to mostly publicly traded companies and bitcoin-focused investment funds which tend to place sizable orders with longer-term commitment. As a result, we can now forecast our revenue much more precisely. This development from Canaan isn't a total surprise. After all, the price of Bitcoin has risen dramatically in recent months, and that attracts more miners to the pool. When more miners join the Bitcoin blockchain network, it adds to the hashrate. According to Blockchain.com, the total hashrate for Bitcoin has spiked to all-time highs in recent days. finance.yahoo.com www.fool.com
NASDAQ:CAN
by AlenCiken
$LKCO Announces $15.0 Million Registered Direct OfferingLuokung Technology Corp. Announces $15.0 Million Registered Direct Offering today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of approximately $15.0 million of ordinary shares at a price of $0.888 per share. The Company will issue a total of 16,891,892 ordinary shares to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants") for the purchase of up to 8,445,946 ordinary shares at an exercise price of $1.11 per share, which Warrants will have a term of three years from the date of issuance.
NASDAQ:LKCO
by AlenCiken
2
$SCKT launches first enterprise-grade scanners for Apple iPhoneSocket Mobile launches first enterprise-grade scanners for Apple iPhone 12 series Socket Mobile is excited to announce the arrival of the DuraSled™, the first enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max and iPhone 12 Mini. With the sleek, high-performance DuraSled, users of all Apple iPhone 12 series devices can access professional-grade scanning solutions. An ever-increasing number of companies count on iPhone applications to run their businesses. finance.yahoo.com
NASDAQ:SCKT
by AlenCiken
3
Trading With MarginI’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades. Let’s talk about trading with margin. What is margin? Who should trade with it? Should YOU be trading with it? You see, when used correctly, margin can be your best friend, but when used incorrectly, it can be a disaster. Leverage is a double-edged sword, and it can work for you as well as against you. This is why I want to show you the responsible way to trade on margin. So let’s get. What IS Margin? So first off, what the heck is margin? Well, when opening a trading account, you can open a cash account or a margin account, but what is the difference between the two? With a cash account, if you put $10,000 into the cash account, it means that you have $10,000 in buying power, meaning that you can buy stocks and options for $10,000. Now, when you have a margin account, the difference is when you’re putting $10,000 in cash in there, the broker will actually lend you another $10,000. So in total, you’re getting $20,000 in buying power. How To Open A Margin Account This is how you open a margin account, with tastyworks because this is the broker that I personally use, & I have four active accounts with them. So when you go to tastyworks, it asks what kind of account do you want to open? Is it an individual account, an entity/trust, or a joint account? Then they will want to know what kind of account you want to open. Do you want to open a margin, cash, or retirement account? So with a cash and retirement account, this is where the broker does not lend you money. So whatever cash you have in there, this is what you have in buying power. However, when you use a margin account, you’re getting 2:1 buying power. Buying Power: Stock vs Options When it comes to buying power, there are two things that you need to know. First is there is buying power for options, and buying power for options is always non-leveraged. So if you put $10,000 in cash, even in a margin account, it means that you have $10,000 in buying power for options, and I’ll explain to you in a moment why that is. And then we also have buying power for stocks, and here this is where margin kicks in. So $10,000 in cash will give you $20,000 in buying power for buying stocks. There’s also something called portfolio margin, and we will talk about this in just a moment, but I first want to show you exactly what it means here to have the buying power for options and to have the buying power for stocks. How To Use Margin The Right Way So I want to give you here a very specific example for Apple AAPL , and we first want to look at what happens if you want to sell, while trading The Wheel. So let’s just say that you want to sell the 125 put for AAPL . What does that mean? It means that if you’re selling the put, you might be forced to buy AAPL at $125 a share, and for each put option that you’re selling, you would have to buy 100 shares of AAPL . So this means that you would have to bring $12,500 to the table per contract, right? Now here’s the deal. When you’re selling options, the broker is already giving you a discount. So let’s see how much the broker is charging us if we want to sell a 125 put for AAPL . So for AAPL I’m just choosing next week’s expiration because at this point the expiration and the price don’t matter right now, because all I want to show you is how much buying power is needed if I were to sell 1 put. So the buying power that will be reduced from your options is $2,202. So as you can see, if you are buying AAPL at 125, you would have to bring $12,500 to the table, but here the broker is only charging you $2,202. Now again, we want to assume a $10,000 account because this is what many people are starting with. So on a $10,000 account, theoretically, you could sell 4 of these options, and for this, if we are doing this, and edit our order to sell 4, we see that the broker will charge you $8,783. So on a $10,000 account, at first it seems that you have enough margin for this. Wrong! Don’t do that! So this is where we talk about the responsible way and the irresponsible way to do this. So when you do this, this would be irresponsible. So here is what I think you should do. Remember, on a $10,000 account, you’re actually getting $20,000 in buying power for buying stocks. So you have $20,000 for buying stocks, so if you are selling one option, and you would get assigned, then you would have to buy stocks for $12,500 and you still have $7,500 left, right? This is why you should only sell one option, even though your broker will only charge you $2,205 because if you’re assigned, you would have to bring $12,500 to the table. The good news is you have that because the broker gave you $20,000 in buying power. So this here is the right way to do this, and the right way means that you’re not over-leveraging yourself. How To Use Margin The Wrong Way So here’s what would have happened if you would have sold 4 options and got assigned. Well, in this case, you would have to bring to the table 4 times $12,500, so this is $50,000, but you only have $20,000 in buying power. So there’s a difference. So if you take the $50,000 minus the $20,000 that you have in buying power, you are $30,000 short, and these $30,000 become a so-called margin call, and these are the dreaded margin calls that you sometimes hear traders talk about. A margin call means that right now you have to wire the broker $30,000, which you probably don’t have, right? If you don’t do this, he will sell 300 of your shares. So you’re still technically fine if you have less than the $20,000. He probably sells a little bit less so because he wants to make sure that you are just overcoming this shortage. Portfolio Margin There's also portfolio margin. What the heck is the portfolio margin? Well, the portfolio margin is for bigger accounts, and when I say bigger accounts, it really depends on the broker. You see, some brokers request at least $100,000 in your account. Others request that you have at least $150,000 in your account, and even others request that you have $175,000 in your account. It really depends on your broker. Now, however, if you have the required minimum in the account, you can apply for portfolio margin. Why would someone be interested in doing this? Well, portfolio margin basically means, & again, it depends on the broker, that you are getting a 5:1 or a 6:1 leverage. It means that if you have let’s say $200,000 in cash in an account, it becomes a million dollars in buying power, or depending on the broker, it could even become $1,250,000 in buying power. So now you have a lot of buying power, and again, you have to use this responsibly. Just because the broker is giving it to you, you shouldn’t use all this. So the same principles for me personally, apply like if I were using a 2:1 margin account. I personally use this “excess buying power” when things go wrong when I need to save a trade that is in trouble. So this is when I have to fly a rescue mission. Summary Well, first of all, it is super important that you understand what margin is, what buying power is, and then that you also understand that your broker is only charging you a small amount when you are selling options. Don’t overleverage yourself, because when you do this you’re getting the dreaded margin call, and when you are getting the dreaded margin call you have to either wire money into the account, and this pretty much right away, the broker usually gives you 24 hours. Some brokers might be generous and give you 48 hours, but usually, it is within 24 hours. If you don’t wire the shortage to your broker, he will sell your shares until the margin requirement is met. So you lose full control and you don’t want to do this. Anyhow, I hope this has been helpful.
TVC:NDQEducation
by rockwelltrading
Expedia CEO: We’re seeing plenty of signs of demandWe’re seeing plenty of signs of demand:’ Expedia CEO on travel demand amid pandemic. As we said yesterday on our earnings, we are seeing some signs of improvement in the first month of the year. It started around the holidays. And we've been slowly modestly improving from there. January was better than December. It's kind of a story of waiting. And there are some countries like the US that are stronger, where people are moving around more. There are areas in Asia as well. And then there are places like Europe, where things are still fairly locked down. So it's really where people are feeling more confident about travel, where people are allowed to travel. We're certainly seeing plenty of signs of demand. It's just a question of consumer confidence and risk tolerance and what governments are allowing people to do. finance.yahoo.com
NASDAQ:TRVG
by AlenCiken