The High Revenue Low Float Case Of Coca-Cola Consolidated NASDAQ:COKE recently seemed to have a double bottom form in Coca-Cola Consolidated Stock , Where a recovery seems possible after having a small pullback in share price. NASDAQ:COKE Recently a lot of debt was added onto the balance sheet due to the buyback programs initiated by the management like ("$1 billion share repurchase program for its common stock.") "(Aug 20, 2024)" The Valuation seems interesting at its 22.4x PE Ratio, and its Price to Sales 1.7x, and its 9.5x Price to book Ratio. It will for sure be interesting to see how the stock performs as time goes on!
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Balance Sheet:
Cash: US$1.90b
Debt: US$1.79b
Total Liabilities: US$4.46b
Total Assets: US$5.66b
Debt to Equity Ratio: 149.4%
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Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Coca-Cola Consolidated) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may be different for each investor and trader. Please do not make opinions based on this or any idea. Please be careful!
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Idea:
Lowfloat
Traeger | COOK | Long at $2.50Traeger NYSE:COOK is in an accumulation zone and approaching a change in the downward trend based on my selected simple moving average. Insiders have shown confidence in future price improvement by buying shares and being awarded options in the low $2s. With a 58M float and anticipated earnings improvement through 2027, this ticker may be poised for a run soon. There is a tiny gap in the daily chart between $2.19 and $2.20 that may get filled before then, but Traeger has a strong brand name and can be found in multiple big box stores. A slowing economy may dampen this move in the near-term, but NYSE:COOK is in a personal buy zone at $2.50.
Target #1 - $4.15
Target #2 - $5.00
Target #3 - $8.50
Target #4 - $19.00 (very long-term...)
GRI Bio periodic pumps
GRI Bio recently underwent a 1/30 split on April 24th, accompanied by a merger/restructure of Vallon Pharmaceuticals. The stock price immediately tanked approx. 50% in the following days. The price has held above the low of $5.50 on April 26th for over a month. Based on past performance, this stock has a tendency to jump 30 to >200% in a single day. GRI Bio has touted the merger and restructuring will bring "near term" value to stock holders, and perhaps a catalyst will emerge in the coming month(s). I think this is a safe long with stops at $5.50 or thereabouts. A jump to $10 or higher seems reasonable, but will likely retrace immediately.
Syta trend predictionSyta a Canadian cellular telecom company has had a lot of success in Saudi Arabia with their push to talk over cellular. Emergency Services Teams (Ambulance, Fire, Police, Security, etc) Love this!
Syta reverse split 1-100, from 4 cents to 4 dolla last week and has been in accumulation phase since the split. The chart shows us a falling wedge pattern and a break out is near.
Over the next few days we may break resistance @4.61 and @4.81 or maybe today!
We were halted this morning , and when we came out of halt we opened @5.00 and fell a few cents and we are re testing the resistance at 4.61.
Hopefully we can see price rise to the next resistance//support at 7.50 and 8.00 dolla!
Very low float at 1.68 million and no dilution! so we may actually see alot higher price rise in a very short time.
*not financial advice
*beginner trader
*learning as we go
Thanks again :)
$CING - LOW FLOAT + CAP - 1 Pill for ADHD/ANXIETY (ROCKETSHIP?)They announced positive top line results from their P3 trial. Adolescent and paediatric trials are happening both this month and next. Major competitors such as NYSE:JNJ , NYSE:PFE , NYSE:NVS that require multiple pills a day for the same effect. Extremely large TAM. Buyout candidate? We have popped off of the bottom channel and are looking for 1.10. A breakout above that sends it to 1.40-1.50 range. This is my own opinion and shouldn't be taken as financial advice. Own your trades.
$CING - Low Float - Positive Top Line Results - ADHD 1 PILLWe are traveling the bottom of the channel. I think it starts to move up shortly. Adolescent and Pediatric fixed dose phase 3 trials start this month and next month. FDA approval submission early/mid next year. Billion-dollar drug if it can get some funding? This is my own opinion, and you should not take any of this as financial advice.
The Chinese low float that could run!LICN has been on our radar ever since it broke out of a VCP type setup. The stock ran into resistance and now has seen a heavy amount of trading around the $2.30 - $2.50 range.
In our opinion, the stock provides a low risk, high reward setup with our target being the AVWAP from the IPO high.
Strong support is current present from the rising 50 day MA and the AVWAP from the all time low.
DBGI | This is an Obvious Choice | LONGDigital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. The company offers denims; and men's suiting. It also designs, manufactures, and sells women's apparel, such as dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers; and sweaters, skirts, shorts, athleisure bottoms, and other accessory products. In addition, the company offers custom and made-to- measure suiting and sportwear, shirts, jackets, pants, shorts, polos, T-shirts, tops, and bottoms. It sells its products under the Bailey 44, DSTLD, Harper & Jones, Stateside, Sundry, and ACE Studios brand names. The company sells directly to the consumer through its websites, as well as through its wholesale channel in specialty stores, select department stores, and own showrooms. Digital Brands Group, Inc. was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas.
PIXY | I'm A Buyer Here | LONGShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. It offers employment administrative services, such as payroll processing, human resources consulting, and workers' compensation administration and coverage. The Company also operates human resources information systems platform to assist in customer acquisition for the onboarding of new clients into the company's closed proprietary operating and processing information system. It primarily serves restaurant and hospitality service industries. The company was incorporated in 2015 and is headquartered in Miami, Florida.
NUWE | Shhhhh! I Need to Add | LONGNuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. The company's products are the Aquadex FlexFlow and Aquadex SmartFlow systems, which are indicated for the treatment of patients suffering from fluid overload who have failed diuretics. Its Aquadex FlexFlow system includes a console, disposable blood set, and catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through independent specialty distributors primarily in Austria, Brazil, Czech Republic, Germany, Greece, Hong Kong, India, Israel, Italy, Romania, Singapore, Slovakia, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.
CYAD is set up real nice for this move up all it needs is VOLUMEThis is a sexy setup by CYAD great push down after consolidation then an immediate bounce up after soaking up the float yesterday. Now that it has broke the last previous high it will go into re accumulation. Think about other stocks that make a push down like this and how often you see it already hit the last previous level of consolidation..... apply volume here and you have a banger..... let it stagnate and it will dip back down to start over. Low Float needs volume.
by iCantw84it
01.18.23
GFAI 5x avg volume on News of 2 Contracts signed todayGFAI I have watched this stock drop over the last year and was wondering when it would bounce. Jan 3rd 2023 it broke over the 200 EMA that it dipped below back in Sept of last year. But honestly it never really sustained any real time above the 200ema. So this movement is a change in character compared to its movements over the last year. Volume is up 6x more than the avg daily volume of 2.9Mil which is growing as when I started writing this it was only 5x. The float is 41.19 mil not super small but not large by any means. I would like to see this hit .51 cent for a short term goal and I think it could .67 cent for a slightly longer term goal. Just like in any recession things burn down and after a forest is burned down new things start to grow in place of it.
by iCantw84it
01/13/23
NEGG 200ma Cross since Dec 2021. Building MomentumNEGG I have to say this was a surprise finding this at this price. I always see my dad who is old school radio shack kind of PC guy, on this app and geeking out over their sales and products. So to see it this low grabbed my attention.
Some things I saw that were interesting is the Volume is 7x over its daily avg. The float is amazingly low at 12.21 mil. So another way to look at that is its turning the float every hour. as it builds its turning it faster and faster. which means we are swapping older buyers out with new hungry retail buyers every hour.
I see this thing launching back to something more worthy of its numbers. The volume on this just hit 40 mill.....
Price target $5.55
by iCantw84it
01/13/23
GMVD | A Low Float Monster | Oversold G Medical Innovations Holdings Ltd, together with its subsidiaries, an early commercial stage healthcare company, engages in the development of next generation mobile health and telemedicine solutions in the United States, China, and Israel. The company's products include Prizma, a plug-and-play medical device that measures vital signs with electronic medical records functionality and clinical grade reporting standards; and Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiogram data continuously for up to 14 days. It also develops Wireless Vital Signs Monitoring System, a solution that provides continuous real time monitoring of vital signs and biometrics. In addition, it offers monitoring services, including independent diagnostic testing facility monitoring and private monitoring services. The company was incorporated in 2014 and is based in Rehovot, Israel.
ELOX 1.79M Float VOL Kicking in NOW Looks like a Cloud Pop ELOX with its 1.79M float and volume coming in to turn it about 1 time today unless the volume kicks in....Which is still enough to make this move. Good push down to start the day got in at $3.50 Probably if things stay the way they are now then it could go for !.00 from here. Looking for spikes to volume to catch fomo. As I am typing this volume is dragging and looks like its going to hit about 780k for the day. I would say that if you see the volume spike to about 6k a min then we could have a repeat of yesterday. This chart formation here on the 2 min looks like a setup for a dip into liquidity then a possible fomo trigger to break yesterdays high.
*In the last 3 mins !5k Volume has come through That puts us really close to the 6k a min needed. Stay tuned I think this kicks in overdrive in about 15 -30 mins
by iCantw84it
01/06/23
$BRSH broke out of descending triangle as expectedUPDATE:
$BRSH Broke out of descending triangle as expected, Also notice the Rounding Bottom pattern in the 4h TF
Rounding bottom chart pattern is an indication of a positive reversal.. it needs to break above the neckline resistance level of the rounding bottom ($2.12~) and hold above it to continue in its new upward trend🔥
ALF READY FOR TAKE OR HARD LANDING?All,
This is technical play looks like it might be building here and take the parabolic curve up. Also could drop and essentially double bottom. I think it's worth setting alerts at the all time low double bottom and several near breakout area. Obviously this is a 8M low float technical play here.
Loka is primed for a breakout with only 25,100,000 coinsThis coin has been down on its luck, but its on the verge of a breakout here soon. Not many coins with this one I'd expect it to squeeze pretty fast. The cup 3/4th done, next part is for it to move up. Recently bond broke out because of its low float, anything is possible with this one.
$UMGP 3.5 Mil Float/Rashad Evans/3-4 PRs/Mergers/AcquisitionsUniversal Media Group Inc. has been on the ball lately tweeting about multiple updates on the horizon that the company is excited about.
June 6th:
We are actively involved in M&A discussions with multiple well known private media entities with significant IP/Revenues in addition to outstanding management teams that would seamlessly integrate within our operation. We will announce developments soon. These negotiations have slowed down some corporate actions all to be resolved soon. We do have multiple company announcements regarding new deals and shows that will be released this week and next. Thank you to our investors for your interest in $UMGP
umediagroupinc.com
The company recently teamed up with celebrity UFC fighter Rashad Evans on his NFT project which has multiple utilities including mental health.
The stock recently went to a high of $3.67 with a float that has remained relatively unchanged since then and with multiple more announcements to be made this could very well see past that to $5+
$CMGR Past hit $28 now .0035 7 Mil Float Tons of News and PRsImmense interest is still on this gem after moving 500%+ twice within the last month. It seems dilution has slowed down tremendously and it has found a bottom finally down here in the high .0030s to .0040s
I would anticipate another move is percolating and hopefully is sustained on a longer time scale, as it did in the past when it moved from .05 to $28 granted the float was probably closer to 1,000,000 back them, it being 7x that now we wont be seeing such an immense move but a $1+ move isn't out of the question given how easily it moves on news.
Its most recent 8K stated that GS Capital agreed to convert a convertible promissory, dated November 26, 2021, in the aggregate principal amount of $300,445 (the “Converted Note”), at the conversion price of $1.00
Which states there may very well be much more to come and to anticipate a much larger move on the horizon.
The company closed a promo deal with “The Farmers Dog, inc” raising a total funding of $103.1 Million
The company now has promo deals with Target, Dutch Bros. Coffee and Rob Gronkowski
In addition to several other recent deals inked.
$UVSS Multiple Projects in Pipeline/Several Rev Streams/JVs/PRsCEO with a great track record recently replied to someone on twitter about potential multiple projects in the works and details on revenue streams around mid to late July.
He also said JVs and PRs about everything will be coming down the pipe.
With this super low float and the fact it ran to .04 on barely any volume and one PR. I anticipate substantial movement here possibly over .30+ in the near future.
twitter.com
There are also no notes, no convertible debt and no dilution on the books, management has also said there will be no dilution and no R/S.
This has the potential to be huge and I'm here for it.
twitter.com
BCEL Ripe for a PopIf you look at this chart, definitely looks like BCEL is ripe for a pop. The blue line I have on there would be where I'd start thinking about selling, probably 5 cents less than that and it's going down hill.