KOmani
5 months ago
Very little in terms of shares available under $10.50
Seems like it's been found by a couple of groups.
Shorts are in trouble as it seems most longs are just going to hang on (and maybe buy more).
I figure the groups that found it are going to try and accumulate a bit more before it goes much higher.
I have a position, but if they dip it again, I will add.
From what I have seen there is 400,000 shares sold short.
I figure at this point they have to continue to add and try to cap any upward movement.
If enough buyers hold and add, it will get interesting over $12
As I said, I think the groups are still trying to accumulate a few more. So they want the short to hit the bid to shake some shares out.
KOmani
5 months ago
Below $9 is a decent entry.
Spike, consolidate (while someone accumulates) and then we see whether there is enough buyers to push higher or if they try to accumulate a bit more.
Given what happened in the world, it may take a few days for interest here to build.
It seems a buyback or possibly a dividend may be in the works.
Recently, when there is good news, market makers like to cap a stock while they accumulate a bit before letting it go. (They sell what they accumulate while it was capped.)
Ideally, within a week or two, some news about a buyback or dividend is released.
Most ideal would be Monday morning, but if they were that close to deciding they likely would have announced it at the same time as the earnings.
Invest-in-America
2 years ago
NISN:
"Today, we'll look at some stocks with solid revenue and cheap valuations, out of which the top ones are Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN), Chimerix, Inc. (NASDAQ:CMRX), and United Maritime Corporation (NASDAQ:USEA)."
https://finance.yahoo.com/news/10-best-stocks-buy-next-183346528.html
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"In the six months ended June 30, 2022, the Company achieved a net income of $14.4 million, compared to $10.5 million in the same period of the prior year, primarily attributable to significant increases in revenue and gross profit from financing solution services."
http://ir.nisun-international.com/pressDetail.html?id=46
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makinezmoney
2 years ago
$NISN: PE Multiple only 0.37....................
But they say that there sales are at $239Milly annual with a MCap of only 19.5Milly.
How is that possible even ???
Float is even tiny at only 23Milly here with SP at 0.47
I'll be scaling into this
Corporate Profile
Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://www.fintaike.com.
GO $NISN