Good day, 360!
Here are our top investing ideas today. And don’t forget to join us in Market Masters – the hottest trading room around 🔥. Be the best prepared trader on the Street!
FOCUS LIST🔎
WINT – Up over 100% in pre after providing update on Istaroxime clinical development and upcoming clinical trial data
CREV – Up over 120% in pre after announcing that it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1
BFI – Up over 60% in pre after reaching legal settlement agreement with Lion Point Capital, LP
*sponsored by Gryphon
Invest in The Future of Keeping Our Children Safe Online
Gryphon Online Security uses AI to make protecting your family online easy. Gryphon’s mission is to equip families with cutting-edge technology, empowering them to reclaim control over their online safety.
Today, many primary threats to families are from online, often infiltrating through the home WiFi router. Gryphon offers an AI-powered network protection service, packaged in a robust mesh WiFi system with an intuitive mobile app, all designed to easily safeguard families online.
Recent accomplishments:
Over $12M in total revenue since launch.
3x growth in paid subscribers over the past 2 years.
Over 80K Gryphons sold protecting families and small businesses.
10 patents awarded covering advanced network protection.
Featured in Forbes, Tom’s Guide, PC Mag, and Wall Street Journal.
HOTLIST🔥
WINT – Up over 100% in pre after providing update on Istaroxime clinical development and upcoming clinical trial data
Windtree Therapeutics Inc. (WINT) is a biotechnology company that focuses on the development of therapeutics for the treatment of acute cardiovascular diseases.
In the after-hours yesterday, the company announced an update of Istaroxime in both clinical and business development.
Istaroxime is a novel first-in-class therapy that is designed to improve systolic contraction and diastolic relaxation of the heart while also increasing blood pressure and maintaining or improving renal function. It has been studied in three positive Phase 2 trials enrolling patients with acute heart failure (AHF) and early cardiogenic shock.
In line with previous guidance, the Company expects its Phase 2 SEISMiC Extension Study in SCAI Stage B early cardiogenic shock patients to complete enrollment in the next several weeks and report topline data by the end of this quarter.
The stock traded up over 100% in the pre-market in reaction to the results.
The first target for bulls is the potential resistance level at $7 and then the pre-market high at $7.88.
Beyond that, $8.70, $9.50 and $10 come into play.
Below $7, targets to the downside are $6.50, $6, $5.50, $5, $4.50, $4 and then a gap fill at $3.29.
CREV – Up over 120% in pre after announcing that it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1
Carbon Revolution Public Limited Company (CREV) manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools.
In the pre-market this morning, the company announced that it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1.
Carbon Revolution CEO Jake Dingle stated:
“It has been a great honor to work with General Motors (GM) again. This will be the third Corvette to feature our carbon fiber wheels,”. “Our team harnessed its extensive engineering and manufacturing experience to come up with a wheel befitting of the highest-performance Corvette we’ve ever seen.”
CREV stock traded up over 120% in the pre-market in reacted to the news.
The first target for bulls is $13.28 and then the pre-market high at $14.29.
Beyond that, $15, $16 and $17 come into play.
Below $13.28, targets to the downside are $12, $11.26, $10, $9, $8, $6.70 and then a gap fill at $6.17.
BFI – Up over 60% in pre after reaching legal settlement agreement with Lion Point Capital, LP
BurgerFi International, Inc., together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony’s brand name in the United States.
In the after-hours yesterday, the company announced that it and Lion Point Capital, LP entered into a settlement agreement pursuant to which, among other things, the company and Lion Point agreed to resolve all claims between Lion Point and the company existing as of, or prior to, the date of the Settlement Agreement related to the previously disclosed litigation initiated by Lion Point against the Company.
Pursuant to the Settlement Agreement, the Company agreed to, among other things, (i) pay Lion Point $1,350,000 in installments in accordance with the schedule set forth in the Settlement Agreement, and (ii) issue to Lion Point 300,000 shares of Series A Preferred Stock (the “Preferred Shares”), in each case subject to terms and conditions set forth in the Settlement Agreement.
David Heidecorn, Chairman of the Board of BFI stated:
“We are pleased to be putting this litigation matter with Lion Point firmly behind us. Our intention is to continue to explore strategic alternatives that we believe would be in the best interests of the Company and its stakeholders, as previously disclosed.”
The stock traded up over 60% in the pre-market in reaction to the news.
The first target to the upside is the prior support level at $0.40 which now becomes potential resistance.
Above it, targets to the upside are $0.45, $0.4750, $0.50, $0.55 and then the after-hours high at $0.61. Beyond that $0.66 and $0.80 come into play.
Below $0.40, targets to the downside are $0.35, $0.30, $0.25 and then a gap fill at $0.2131.
MARKET NEWS 📰
P.S. Make sure you text “RAGE” to (888) 404-5747 to get all of our latest HOT STOCK ideas!
Questions or concerns about our products? Email [email protected] © Copyright 2022, RagingBull
DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at https://ragingbull.com/disclaimer
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
