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Sunshine Biopharma Inc.Sunshine Biopharma Inc.Sunshine Biopharma Inc.

Sunshine Biopharma Inc.

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SBFM trade ideas

SBFM reverse split pumpA reverse split pump in the small cap stock market refers to a situation where a company, typically with a low stock price, undergoes a reverse stock split in order to artificially inflate its stock price. Here's how it typically works: Low Stock Price: Small cap stocks often have low prices per share, sometimes trading for just a few cents. This low price can make the stock less attractive to investors and may even lead to delisting from stock exchanges that have minimum price requirements. Reverse Stock Split: To combat the low stock price and possibly meet exchange listing requirements, the company executes a reverse stock split. In a reverse split, existing shares are combined to reduce the total number of outstanding shares, thereby increasing the price per share proportionally. For example, in a 1-for-10 reverse split, every 10 shares a shareholder owns are converted into 1 share, effectively increasing the price by a factor of 10. Pump: After the reverse split, there may be efforts to artificially boost the stock price, creating what is known as a "pump." This can involve various tactics, such as promotional campaigns, exaggerated press releases, or even coordinated buying by groups of investors. The goal is to create a perception of increased value and generate buying interest in the stock.
NASDAQ:SBFMLong
by AntonioNaVi
SBFM - Potential 50% pump to 300% from hereNot investment advice. Most penny stocks are only good for swing trading. This one has been in the gutter for a long time. It has also completed a public offering (dilution) and reverse split to retain NYSE $1 compliance. I like SBFM to make swing trade up to $4.30 or so. Short interest is fading away. Pivot Point flashing on the 1Day timeframe through 1HR TF. Last Pivot Point was at $4.30. We usually see a retest of PPs. Average daily volume 550K. Today's volume 3M. Only 950K shares float. This is a high risk trade. Negative news or shorts could still push it lower. Earnings is 2 weeks away.
NASDAQ:SBFMLong
by JohnnySecretz
Another 8x Risk to Reward Stock (SBFM)NASDAQ:SBFM About Sunshine Biopharma, Inc. is a New York-based pharmaceutical company that develops and commercializes oncology and antiviral drugs, as well as science-based nutritional supplements. Their products include treatments for Coronavirus infections and anticancer drugs. The company was founded on August 31, 2006. Recent News Stock Split April 17th, 2024 5 Point Inspection by OnePunchman: Free Float shares‪‪: 953.39 K‬‬ - Positive Cash & equivalents: 16.29 M‬‬ - Positive Debt: 657.71 K‬‬ - Positive Last Quarter Revenue: $7.68M - Positive compared to Cash in hand and Free Float Prescriptions Drugs are in the market - sunshinebiopharma.com Buy Alert done by Fibonacci retracement levels: Price: $3.20 Entire Position Stop Loss: $2.91 1st Take Profit: $5.30 (I would sell 50% of my holdings here) - Risk to Reward Ratio is x8 2nd Take Profit: $8.79 (I would sell 30% of my holdings here) - Risk to Reward Ratio is x21 3rd Take Profit: $10.25 (I would sell 20% of my remaining holdings here) - Risk to Reward Ratio is x27
NASDAQ:SBFMLong
by OnePunchMan91
5
SBF may not be immune from campaign finance chargesAccording to Coindesk, before Sam Bankman-Fried (SBF) received a criminal trial in October, U.S. prosecutors withdrew charges against him for campaign finance. However, that doesn't mean the DOJ will let SBF go, and campaign finance charges could still come to trial later. The Justice Department said earlier this week that the Bahamian government had notified the U.S. government that the campaign finance charge was not included in its arrest warrant and extradition documents, suggesting the charge would require the consent of the Bahamian government. The charges were added to the March trial date. SBF is currently scheduled to stand trial on October 2 on seven counts of conspiracy to commit wire fraud and wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. He will then stand trial again next March on five additional counts, including conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transmitter and conspiracy to bribe foreign government officials.
NASDAQ:SBFM
by babs83902
$SBFM ♡ SUNSHINE BIOPHARMA INC. ♡ +231.76%My trading plan consists of collecting 5 confirmations MINIMUM on one singular timeframe, across 4 different timeframes (20 total minimum) before I even propose a trading idea to my community. ♡ Disclaimer: Though I take banger trades, you MUST understand the following DISCLAIMER: I am NOT your financial advisor, a financial advisor, NOR do I give financial advice. If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks, financial resources, and trading system you utilize. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. This material is my market perspective and intended solely for educational & entertainment purposes.
NASDAQ:SBFMShort
by FinalBossWinter
1