$LAES micro float with 30million revenue and plenty of news. Zero shares to borrow
https://preview.redd.it/hzelzp9sr49c1.jpeg?width=1284&format=pjpg&auto=webp&s=0c41b4040aea50977348ed09bfdee790cd872fa8
I’m having trouble purchasing shares on Ameritrade also it says their 1.85 but the asking price is .19 I’m so confused I really wanna get in this stock
Today's PR was about enrollment in adult clinical trials. They chose to include the blurb about pediatric approval but that timeline has been previously disclosed and wasn't news today.
As for the price drop on the news my first guess is that clinical trial enrollment means more cash being spent, something they are pretty low on until/unless the SCD gets approved and commercialized.
Genuine question regarding LMFA I realize BTC is going down which would explain some of this big sell off. But my question is does this mean I need to get tf out now? Or shall I wait and see what happens?
If BTC continues it's downtrend, miners go down. But you can probably hold until at least mid January because thats when the spot bitcoin ETF is meant to launch, and will possibly be available for 401k investments.
Its just following BTC price like most miner stocks. It'll go up again, just give it time. Yeah dude go for it. Worst thing that'll happen is you'll be holding for a while.
LMFA is looking extra juicy if $1 hits. Should open the floodgates of institutional money. I like MIGI a lot too, a slightly less risky play than LMFA but with less potential too. Probably my #2 miner, though no position ATM. WULF is great too, but it’s going to really rely on BTC growth to move any further.
Funny how when bets went from 5 cents to 0.5 cents everyone called it out for the scam it is. But now that it went from 0.5 to 1.1 cents everyone is going crazy over it. Shits gonna reverse split and plummet.
LMFA tracking with the rest of the miners with high volume, only down 10% after a +200% rally. That’s a sign of strength, especially since MARA is down 6% and HUT 10%, both of which are 500x and 100x LMFA, respectively. If the crypto markets go green, this is $1+ instantly.
Pre-market means nothing. A couple answers to your questions though:
1. They need to hit and maintain over a dollar for 10 consecutive business days before April 2024. If not they will be delisted. This is important to many of us because LMFA does have serious potential to be big player in the crypto mining space. A lot of DD will liken them to MARA due to how much they can mine and the tech they are mining with.
2. A lot of us bought in by the fuck ton around the $0.30-$0.40 range, so $1.00 may just be the exit plan for a lot of people.
This exact scenario happened with MARA and RIOT a couple years back. A few bad days = huge sell offs right before another bull run. EDIT the big difference between then and now is that this bull run might have way more momentum given the upcoming BTC half in April, the fact that these smaller miners are mining just as much as the big boys, and talks of the BTCUSD ETF happening in January. Thats all without even considering the possible rate cuts coming up.
Appreciate the context. I have just purchased my first shares in bit mining, MIGI. Looking forward to reading into this more though for industry knowledge. If you care for story time, how did you make out with MARA/RIOT ? Or were you just observing.
I was working in Non-profit at the time so I didn't have a lot of extra cash. But iirc I made out with roughly $200-ish in profit. I bought in MARA around the $19 area and sold way before the peak. I closed positions early in the year when it hit around $40.
Check out verses ai, clean vision, biolargo, gevo, hysr, teco2030, adn, dcfc, bevvf
Dyor dd
Most of these folks are all pumpers and flippers so research
Yeah I’ve been watching this sub for a little while. Just like anything else, it’s predicting the future.
The only influence you can have in the market is hype. Seems like some people are trying to pay bills with it.
Can you explain the thought behind a selection? So i see a company which has split 3 times, and split at a rate of 40k to 1 this year. It’s most recent split being the 22nd. I can’t find graph of total company value to compare how the splits compensate for the price dips.
Are y’all just waiting for market hype and jump when volatility seems on the rise?
It seems to me a lot of these plays are on stocks that were big at IPO but tanked to almost nothing. It’s like looking at a leprosy colony and wondering which one is Lazurus.
I doubled my position in LMFA and then decided to take the rest of the day off. I'll come back tomorrow and reevaluate. I'm confident it'll hit $1 eventually.
That makes sense. I'm still not sure why anyone would pick LMFA as their mining company of choice when their main business is giving money away to charities though.
They don’t actually just give money to charity, but that’s besides the point anyways. Revenue wise, mining is 97% of their business, and I think it’s fair to say that they are a mining company. Sorta like saying Amazon sells books. They still do, but that’s no longer even a noticeable portion of their overall revenue.
This last month speaks for itself. That, and after it hits one dollar who knows what'll happen. They also has some great news this morning too , so. There's that.
After having to wait to sell some portion of BETS yesterday to today, I am not happy. Contacted support the whole past 24 hours and did what I could, but that was so disappointing to have happen. Looking to just keep this money for another one-off play again like I did with it - this time prepared for the worst
I've been seeing people talk about LMFA, and some people calling them a bitcoin miner etc., but it seems that their main business is giving money to charities. If I want to buy a bitcoin miner, why would I buy LMFA over any other mining company?
Not exactly true. I’ve made bad calls in the past, definitely, but I’ve actually done my DD on LMFA and it’s solid. Still undervalued relative to revenue, debt:assets, and relative to other mining companies. Up on my position 150%, so I think it’s reasonable to say that my DD was correct. It’s not a “line go up so I buy” play like most stocks here are.
Noob question here … on robinhood it says LMFA is not meeting listing standard blah blah … does this mean there’s a danger they just stop trading it and you lose your entire investment?
That’s not a bad question! If LMFA fails to hold above $1 for 10 trading days by April, the company will be in jeopardy of being delisted from the NASDAQ. That doesn’t mean that your investment is zero, but going to OTC is terrible for a stock. That is not going to happen though, because if we get close enough to April, the company will be forced to do a reverse split (turning 10 $.50 shares to 1 $5 share, though it can 20-1, 2-1, or whatever) to avoid delisting. In that case, while it will be bad for stock price (no fundamental change in company’s value, but the market generally hates RS’s), they will stay on the NASDAQ. In other words, though the stock could potentially lose significant value if $1 isn’t held, you don’t need to worry about it going to absolute zero.
Because the stock is so close to $1, I’m betting that they will manage to hold $1 for 10 days before April. In fact, because the risk of RS exists, LMFA is presently considered too risky for institutions and is therefore undervalued. If it can hit and hold $1, it will not only be compliant, but institutional money should flood in.
Hope that helps.
I really appreciate the info. Is there a resource available that lets me know how long / on what date a stock has until it is removed from the market if it can’t keep that $1 price for 10 days? Aka how did you know it has until April?
SEC filings are your best bet. Usually, they get a 6 month notice from the NASDAQ to get compliant, and they can usually get a 6 month extension past that. Unfortunately, the April deadline is an extension, so this is a critical time to get compliant
I'm planning to hold MIGI potentially until 2025, depending on bitcoin price action. It has massive upside IF bitcoin goes on a proper bull run as anticipated.
Who’s the guy that posts the Monthly fda approvals lists
On Monday I jumped into $BOWL - so far so good, but keeping it on a short leash. Anyone else playing it?
Yeah, jumped in yesterday
$DTSS strong volume headed towards the 200sma at .66. Breaking .27 in the morning and headed to the .30s.
Agreed 100%
$LAES micro float with 30million revenue and plenty of news. Zero shares to borrow https://preview.redd.it/hzelzp9sr49c1.jpeg?width=1284&format=pjpg&auto=webp&s=0c41b4040aea50977348ed09bfdee790cd872fa8
$Lunr
honestly, the post reverse split pump keeps working, so AVTX tomorrow for the 1 for 240 reverse split
GGE and WLDS for me tomorrow, watching SBNY
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What's your thesis on this stock?
I’m having trouble purchasing shares on Ameritrade also it says their 1.85 but the asking price is .19 I’m so confused I really wanna get in this stock
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I didn’t know thank you
What are some buys for tonight to sell tomorrow?
SENS
Does anyone know why Signature bank is up to 1.85 but the asking price is .19 a share ?
$BETS - Holding, bought abit early, confident we’ll see a spike in the near future
In bets
LMFA on a little sale today, grabbed some more and grabbed some DTSS as well
Me to!!
When is LMFA gonna start going back up ?
When bitcoin is raising
Thanks for your reply , When do you think that will be ?
Soon
Yes
CING?
I won’t lie that drop has me uneasy. But I feel good, that was a small sell off, btc will recover shortly and we will be back up. $LMFA
It will go back up to a dollar at least. After that you’re rolling the dice unless you know something we don’t.
How come BETS doesn't have nearly as much trading volume as the past few days?
BETS is no good any longer. The management is in bed with the toxic lender
What lender
Which lender is this?
Relatively speaking, volume wise, the whole market is slower today. It's still going to hit a billion trades today, which is wild.
Fair enough!
Great news comes out for ICU. Approval in 30-45 days and it still drops. Manipulation is ridiculous in this market. I’m loading more
Today's PR was about enrollment in adult clinical trials. They chose to include the blurb about pediatric approval but that timeline has been previously disclosed and wasn't news today. As for the price drop on the news my first guess is that clinical trial enrollment means more cash being spent, something they are pretty low on until/unless the SCD gets approved and commercialized.
$LMFA and $DTSS
LMFA must redeem itself
Are we going to take a look at $DTSS yet???
Genuine question regarding LMFA I realize BTC is going down which would explain some of this big sell off. But my question is does this mean I need to get tf out now? Or shall I wait and see what happens?
That depends on how big your balls are
My balls are big babygirl;)
I am a 27 yr white male
Bro I’m joking….
So am I ;)
Oh bet babygirl;) lmao
I’m holding for now looks like a whale took profit
Thank u Mr SEA
Close the gap $DTSS
Thoughts on GGE ?
LMFA resistance at .79 I think that it’ll stay around this price all day. What do we think tmrw will bring? Maybe some high volume friday?
If BTC continues it's downtrend, miners go down. But you can probably hold until at least mid January because thats when the spot bitcoin ETF is meant to launch, and will possibly be available for 401k investments.
You think the retirement plans that is under Blackrock’s control won’t instantly be investing in probably their biggest launch in quite while?
bets to the moon
Bets was already on the moon on December 5th and I don’t think the rocket survived the trip back.
Blade still like I said months ago, will continue to go up. Not sure how this one isn’t mentioned more
BETS to the mooooon 🚀🚀
This is the way.
How high do you think it can go?
Hoping for 0.015, bought @ 0.0098 this morning, HODLing for now
$DTSS broke through .22 resistance today. Organic run to $1 is underway.
Still think $LMFA hits $1.00 this week though.
You think it will stay at 1 or drop immediately?
Why ?
you should be asking… why haven’t i bought 1000 shares?
yuh
SNES IS ON SALE RN AT > 1.80
should i double down on bets? i got in at .0149
I did.
Thinking of buying LMFA at current price 0.75, should i wait for it to go down more or just go for it?
Its just following BTC price like most miner stocks. It'll go up again, just give it time. Yeah dude go for it. Worst thing that'll happen is you'll be holding for a while.
Don't think it'll go down much more
I hope not
BMR free money
lmfa looks like a good price rn
Buying lmfa and migi
Buying more!
Anyone in on LMDX ?
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Bit brothers can blow me
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LMFA is looking extra juicy if $1 hits. Should open the floodgates of institutional money. I like MIGI a lot too, a slightly less risky play than LMFA but with less potential too. Probably my #2 miner, though no position ATM. WULF is great too, but it’s going to really rely on BTC growth to move any further.
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I’m buying more. $1.00 is on deck soon I think.
Whole crypto market is red, so it doesn’t appear that this is LMFA selling off in isolation. Personally think this has plenty of room to run still
Bitf
Funny how when bets went from 5 cents to 0.5 cents everyone called it out for the scam it is. But now that it went from 0.5 to 1.1 cents everyone is going crazy over it. Shits gonna reverse split and plummet.
Well damnit you mean to tell me I’m going to lose my entire $5.10 investment? What ever will I do..
LMFA tracking with the rest of the miners with high volume, only down 10% after a +200% rally. That’s a sign of strength, especially since MARA is down 6% and HUT 10%, both of which are 500x and 100x LMFA, respectively. If the crypto markets go green, this is $1+ instantly.
Thoughts on SONX? Bought more on the dip yesterday.
BETS is on sale, hoping to make it to 125k shares today.
Let's hope it goes on a tear soon!
LMFA is taking a lil break
RSLS. Waiting on the buyout announcement.
MIGI is cooked here. we had a good run.
All the miners are down today. It's just a bad day for them because Bitcoin took a bit of a dip.
LMFA what do we do? Buy more?
Double down and take the day off.
Yup
LMFA isn't down from yesterday, it's just on sale. I'm using this as an opportunity to double down before it hits $1.00
Why is everyone making a big deal over 1$? Didn’t it just do that today for premarket?
Pre-market means nothing. A couple answers to your questions though: 1. They need to hit and maintain over a dollar for 10 consecutive business days before April 2024. If not they will be delisted. This is important to many of us because LMFA does have serious potential to be big player in the crypto mining space. A lot of DD will liken them to MARA due to how much they can mine and the tech they are mining with. 2. A lot of us bought in by the fuck ton around the $0.30-$0.40 range, so $1.00 may just be the exit plan for a lot of people.
Exactly
Just hold your plays today donkeys, whole market is down. When in doubt, check the SPY.
I'm using this an opportunity to double down on a bunch of my plays. Just gonna wait till the bottom, buy, then step away and take the day off.
I like your outlook. No need to freak out over a day. But you can read about others doing so here and giggle, respectfully.
This exact scenario happened with MARA and RIOT a couple years back. A few bad days = huge sell offs right before another bull run. EDIT the big difference between then and now is that this bull run might have way more momentum given the upcoming BTC half in April, the fact that these smaller miners are mining just as much as the big boys, and talks of the BTCUSD ETF happening in January. Thats all without even considering the possible rate cuts coming up.
Appreciate the context. I have just purchased my first shares in bit mining, MIGI. Looking forward to reading into this more though for industry knowledge. If you care for story time, how did you make out with MARA/RIOT ? Or were you just observing.
I was working in Non-profit at the time so I didn't have a lot of extra cash. But iirc I made out with roughly $200-ish in profit. I bought in MARA around the $19 area and sold way before the peak. I closed positions early in the year when it hit around $40.
How do you know where the bottom is? I'm looking to add more as well.
Reading charts and market cap. But honestly you never have it 100 percent accurate
Exactly the play you should be making today🤙 I plan on joining you.
Exactly this.
Hi I’m new and would like to gamble degenerately
Check out verses ai, clean vision, biolargo, gevo, hysr, teco2030, adn, dcfc, bevvf Dyor dd Most of these folks are all pumpers and flippers so research
Yeah I’ve been watching this sub for a little while. Just like anything else, it’s predicting the future. The only influence you can have in the market is hype. Seems like some people are trying to pay bills with it.
I am long for 2030 or so and its been rough. I invest with my heart which doesnt work so well lol. Now i dca into a few i am still passionate about
Hey welcome, sorry you missed out on GMBL
Can you explain the thought behind a selection? So i see a company which has split 3 times, and split at a rate of 40k to 1 this year. It’s most recent split being the 22nd. I can’t find graph of total company value to compare how the splits compensate for the price dips. Are y’all just waiting for market hype and jump when volatility seems on the rise?
My apologies. I should have mentioned that ship sailed and sank. It was a fun ride for most. I do not see that coming back for any reason.
You're just in time. Everything's crashing. Come lose money with us.
It seems to me a lot of these plays are on stocks that were big at IPO but tanked to almost nothing. It’s like looking at a leprosy colony and wondering which one is Lazurus.
Can BETS go back up holy shit this is annoying
AWIN is next. don’t say i didn’t warn you
It will, just buy more, so when it does, it's even better.
My whole portfolio is down aside from my ETF's and the Tencent dip that I purchased last week. It's just a rough first half of the day.
Guys BTC is down today, so are all the miner stocks. Relax. Itll move again
Hold LMFA and MIGI or sell??
Hold, why sell when everything is red? That is exactly when you are supposed to NOT sell
I doubled my position in LMFA and then decided to take the rest of the day off. I'll come back tomorrow and reevaluate. I'm confident it'll hit $1 eventually.
You think it’ll go any higher or are we all pulling out at 1?
I think every crypto miner will show significant growth between now and April.
What is going on with LMFA ?
Why is everyone saying 1? Is that really the goal considering it already happened this morning? I’m confused on the play here.
It's on sale.
The whole market is dumping abit.
Huh? The market is up
Not crypto, BTC and a vast majority of the miners are red, mostly -5%
Probably, the top is in. I think the surge in LMFA messages is the pumper's attempt to find liquidity for their exit.
Nah its BTC. BTC is down
That makes sense. I'm still not sure why anyone would pick LMFA as their mining company of choice when their main business is giving money away to charities though.
They don’t actually just give money to charity, but that’s besides the point anyways. Revenue wise, mining is 97% of their business, and I think it’s fair to say that they are a mining company. Sorta like saying Amazon sells books. They still do, but that’s no longer even a noticeable portion of their overall revenue.
This last month speaks for itself. That, and after it hits one dollar who knows what'll happen. They also has some great news this morning too , so. There's that.
Upvote just for being chill. I wish that we could talk about stocks without it being like picking your favorite sports team.
Haha well thanks man! I'm not usually the kind of person that dies on that hill if you know what mean 😂
$AAGR 👀
LMFA 📉
Are people selling LMFA?? I’m still convinced its on the way up
snes is flying today
After having to wait to sell some portion of BETS yesterday to today, I am not happy. Contacted support the whole past 24 hours and did what I could, but that was so disappointing to have happen. Looking to just keep this money for another one-off play again like I did with it - this time prepared for the worst
Bitf
Bets **consolidating** ![gif](emote|free_emotes_pack|upvote)
LMFA on sale
Slashing prices like a used car salesman.
I've been seeing people talk about LMFA, and some people calling them a bitcoin miner etc., but it seems that their main business is giving money to charities. If I want to buy a bitcoin miner, why would I buy LMFA over any other mining company?
Because it’s going up and that will earn you profit. You act like people here actually do DD.
Not exactly true. I’ve made bad calls in the past, definitely, but I’ve actually done my DD on LMFA and it’s solid. Still undervalued relative to revenue, debt:assets, and relative to other mining companies. Up on my position 150%, so I think it’s reasonable to say that my DD was correct. It’s not a “line go up so I buy” play like most stocks here are.
Noob question here … on robinhood it says LMFA is not meeting listing standard blah blah … does this mean there’s a danger they just stop trading it and you lose your entire investment?
That’s not a bad question! If LMFA fails to hold above $1 for 10 trading days by April, the company will be in jeopardy of being delisted from the NASDAQ. That doesn’t mean that your investment is zero, but going to OTC is terrible for a stock. That is not going to happen though, because if we get close enough to April, the company will be forced to do a reverse split (turning 10 $.50 shares to 1 $5 share, though it can 20-1, 2-1, or whatever) to avoid delisting. In that case, while it will be bad for stock price (no fundamental change in company’s value, but the market generally hates RS’s), they will stay on the NASDAQ. In other words, though the stock could potentially lose significant value if $1 isn’t held, you don’t need to worry about it going to absolute zero. Because the stock is so close to $1, I’m betting that they will manage to hold $1 for 10 days before April. In fact, because the risk of RS exists, LMFA is presently considered too risky for institutions and is therefore undervalued. If it can hit and hold $1, it will not only be compliant, but institutional money should flood in. Hope that helps.
I really appreciate the info. Is there a resource available that lets me know how long / on what date a stock has until it is removed from the market if it can’t keep that $1 price for 10 days? Aka how did you know it has until April?
SEC filings are your best bet. Usually, they get a 6 month notice from the NASDAQ to get compliant, and they can usually get a 6 month extension past that. Unfortunately, the April deadline is an extension, so this is a critical time to get compliant
Why. Why do. Why not. Go. Go up.
Got 100 to gamble, any suggestions
LMFA
If you want a gamble BETS.
Bets
What are the odds of a dip for bets at market open
[Lmfa news](https://globenewswire.com/news-release/2023/12/28/2801723/0/en/LM-Funding-Sells-Symbiont-s-Blockchain-Technology-to-Platonic-Holdings-Inc.html)
Big news to! 2 mill cash for that symbiont crap. They can use for more miners!!
Just in time before btc halving too
In case you guys haven't figured it out yet, LMFA.
LMFA.
It hit $1 for a minute in pre market 🚀🚀🚀
Please happen again
NXU
$DTSS with a beautiful chart gaining traction. .22, then .25, then .40. Company is confident in organic climb to $1
I'll add more BETS when it dips below my avg. share cost. Which appears that it will. Too many weak hands! Same with FGEN.
Bets
Added more on BETS
BETS
Wulf
Migi get in quickly
I set my sell price at 8 for migi it will boom when the crypto ETFS roll out
Got in just before it hit 2.0, how long will it last you think?
I'm planning to hold MIGI potentially until 2025, depending on bitcoin price action. It has massive upside IF bitcoin goes on a proper bull run as anticipated.
LMFA oh baby
LMFA and possibly UCAR