Short Borrow Fee Rate Jumped to 939.20% from 49.95% on 2024-04-26 (Friday)
I am in again at $0.9
Stop Loss at $0.74
First Sell $2.40
All Sell $5.20
Short Interest % Float 7.32 % - source: NASDAQ (short interest), Capital IQ (float)
A reverse split pump in the small cap stock market refers to a situation where a company, typically with a low stock price, undergoes a reverse stock split in order to artificially inflate its stock price. Here's how it typically works:
Low Stock Price: Small cap stocks often have low prices per share, sometimes trading for just a few cents. This low price can...
Not investment advice. Most penny stocks are only good for swing trading. This one has been in the gutter for a long time. It has also completed a public offering (dilution) and reverse split to retain NYSE $1 compliance.
I like SBFM to make swing trade up to $4.30 or so. Short interest is fading away. Pivot Point flashing on the 1Day timeframe through 1HR...
NASDAQ:SBFM
About
Sunshine Biopharma, Inc. is a New York-based pharmaceutical company that develops and commercializes oncology and antiviral drugs, as well as science-based nutritional supplements. Their products include treatments for Coronavirus infections and anticancer drugs. The company was founded on August 31, 2006.
Recent News
Stock Split April...
According to Coindesk, before Sam Bankman-Fried (SBF) received a criminal trial in October, U.S. prosecutors withdrew charges against him for campaign finance. However, that doesn't mean the DOJ will let SBF go, and campaign finance charges could still come to trial later. The Justice Department said earlier this week that the Bahamian government had notified the...
My trading plan consists of collecting 5 confirmations MINIMUM on one singular timeframe, across 4 different timeframes (20 total minimum) before I even propose a trading idea to my community.
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Disclaimer: Though I take banger trades, you MUST understand the following DISCLAIMER: I am NOT your financial advisor, a financial advisor, NOR do I give financial...
