$Tempest Therapeutics (TPST.US)$ New Position Today....
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Retired VP MfgTech Start-Up.Swing,DT, Scalp.Learner, Helper.
30KFollowers
458Following
28KVisitors
Follow
Mike Hunt : Micro float less than a million, wainwright PT of $51 and they are making an industry conference presentation today. It’s all about volume but because float is so tiny, just 20 mil volume sends this parabolic beyond MM control. Compare with $$Exela Technologies (XELA.US)$ that has float 40x larger. It would need 800 mil volume to be proportionate and comparable to TPST 20 mil. And considering it’s got an industry target price of $51 it’s definitely not a pump and dump.
OldNormanBates OP Mike Hunt : it just had big catalyst, I'm pulling it in on the reverse dip side of that, and hopefully it's still a good move.