illumin Holdings Inc T.ILLM

I will be extremely happy when Acuity breaks out of this

[mofwmofw]

what seems to be hopefully a (short term) downtrend. Any reliable chartist`s out there? And does anyone know what the percentage is,of stocks that apply and actually upgrade to Nasdaq. Just wondering if that info is even available?

[Zach45895]

If it drops to 13.5 USD again I'm buying even more. Sitting at 4000 shares right now. It's not a matter of if but when this stock price pops. The main thing that's getting exhausting for me is waiting for this Nasdaq announcement. Should be any day now but that's been the case for weeks smh 

[skelterhelter]

Pretty sure chartwise it's totally broken. I wonder if this is related to Nasdaq listing and how much they plan to raise. If markets expects a highly dilutive event it would explain the lack of bid.

[retiredcf]

Not sure why listing on the NASDAQ would be dilutive nor whether there's any immediate plan for them to raise money (and certainly not at this depressed price). Their financial position is very solid (see extract from latest earnings). GLTA As of December 31, 2020 , the Company had working capital of $26.8 million , compared to $1.7 million as of 

[skelterhelter]

First of all they are very keen on M&A so more money more options, second of all it's what makes it interesting for investment banks and investors alike so to make an impact on a Nasdaq lisitng I would expcet some equity raise to entice US investors.