LMFA has some pretty well established levels if you look beyond that one big spike earlier this year. With the 786 fib line showing to be a strong pivot, the stock has stalled twice now, failing to hold above this level. It was strongly denied this week and looks like the follow-through momentum just isn't there to finish out the week. However, bigger picture the...
LM Funding America, Inc., through its subsidiary, LM Funding, LLC, operates as a specialty finance company.
Check out my previous analysis on TLRY, same idea. More legalization talks around cannabis this year with Democratic majorities in the U.S government. Potential buyout here as well.
To complete the transaction by November 2020 sec.report Fresh funds from Craven House to conduct business giving it $6M more in cash for its regular operations: sec.report This is what book value feels like before a major take over: sec.report
Best to do it today. Stock never follows through, but it has a low float and most of the shares are owned by insiders. They constantly lose money and are late on earnings reports frequently. I see another reverse split coming soon as they have most likely received a warning from the NASDAQ for being under the minimum $1.00 price requirement. Buy `1/2 today...
The Technicals - A clear divergence of the OBV and Price Action , which preludes growing buyer volume and long position sentiment. Earlier last week, $LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the...
Collections agency. Strong share structure, something to keep your eye on. Low floater, gets traded. Not a long term hold due to the risks involved, and they haven't turned a profit yet. Nice day trade swing trade potential, and investors seem to believe in it based on the fact that they agreed to end the pricing period early.