This one keeps flagging on my unusual volume screener and on the surface the price action looks interesting. Tight prices over the last couple of days with huge amounts of volume coming in, and a noticeable increase in volume from left to right on the chart. Under normal circumstances I would view that as a bullish setup.
But something didn’t feel right so I did a quick scan of the fundamentals, and I am glad I did.
The cash position has fallen from $101m at the end of 2024 to negative $20m today. There are talks of an emergency equity raise with a deadline at the end of the month. Oh, and it operates out of Ukraine. Right in the middle of a war zone.
A short here could be fruitful if a delisting follows, but a sudden fundraise could take you to the cleaners just as quickly. This is not a chart setup, it is a minefield in both directions.
Tread carefully here, I’ll sit this one out, not, worth the risk in either direction.
But something didn’t feel right so I did a quick scan of the fundamentals, and I am glad I did.
The cash position has fallen from $101m at the end of 2024 to negative $20m today. There are talks of an emergency equity raise with a deadline at the end of the month. Oh, and it operates out of Ukraine. Right in the middle of a war zone.
A short here could be fruitful if a delisting follows, but a sudden fundraise could take you to the cleaners just as quickly. This is not a chart setup, it is a minefield in both directions.
Tread carefully here, I’ll sit this one out, not, worth the risk in either direction.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.