$Torchlight Energy Resources(TRCH)$Why is this a well plan trap?1. Reverse merger - Draw attention.2. Announce special dividend and claiming can be between $1-20. People start buying 3. File for dilution of 100m. Slowly start diluting secretly. Short interest to float % falsingly increased4. Shareholders has to hold from 22nd-24th. File for another 150m dilution and tell everyone he has finished his 100m dilution. 5. Price drop- should I hold to get the dividend or sell to cut loss? HODL - dead 6. While people hold the line, he can start his 150m dilution and hopefully finish by 25th.7. After getting the dividend, people start selling. Price drop even more [Sad] Many people will say we don’t know how much is the dividend wort
$Histogenics(OCGN)$This might be the best time to buy in. The amount of money invested by the company to commercialize its vaccine has yet to materialize but in near future the potential earnings brought by the approved vaccines can make it a milionaire-maker stock. Story of what happen: Initially, $Histogenics(OCGN)$ wanted to apply for Emergency Use Authorization (EUA) which will facilitate the availability and use of medical countermeasures,including vaccines, during public health emergencies, such as the current COVID-19 pandemic. With the EUA approval, $Histogenics(OCGN)$ is able to launch is vaccine in an emergency to diagnose, treat
$Histogenics(OCGN)$ I am just going to enter even it up my average cost. The estimated current short interest to free float is 25.59% which is considerably quite high. With the potential of commercialize the vaccine and the day to cover, I think is a buy signal
To make this very clear, this is not a fast buy and sell trading stocks and definitely not a meme stock. Initially, $Histogenics(OCGN)$ decided to apply for EUA which is emergency use authorization which will allow the use of its vaccines used in an emergency to diagnose, treat, or prevent serious or life-threatening diseases or conditions. However, $Histogenics(OCGN)$ decided not to go for EUA but the BLA which has the FDA approval. This has higher standard and is more stringent. Even $Pfizer(PFE)$ ,$Moderna, Inc.(MRNA)$ and
$Histogenics(OCGN)$Throwback to the article that I said I might be the best time to enter. Some might have seen and believe. Thanks but I definitely believe the best have yet to come. Once the approval is done, $10 is nothing!
$Torchlight Energy Resources(TRCH)$At this rate, Friday can really drop to 1-3 dollars. Imagine when those who get dividend suddenly sell. Right now, trch should be trying to issue all their next batch of shares before Friday.
$Torchlight Energy Resources(TRCH)$ Guys buy the dip and HODL, the short percentage is 26% and is increasing. The shorts need to be covered eventually before the merger.
$Torchlight Energy Resources(TRCH)$ Torchlight Energy Resources Inc. (NASDAQ: TRCH) has reversed a two-day slide that had the stock giving back much of its massive 83% gain. After markets close today and before they reopen on Friday, the company will put a dollar amount on the special dividend it will pay existing shareholders prior to its combination with Metamaterial due to be completed next week.