*Issuer-paid content from GameSquare
Markets are staging a rally today after Japanese markets had a big reversal overnight following one of the worst days ever.
Is it time to buy the dip and hold on for new all-time highs? Who knows 🤷. Put your two cents in our biggest LIVE trading room —> Market Master’s.
FOCUS LIST🔎
LUMN – Up over 50% in the pre-market after announcing it has secured $5 billion in new business driven by major demand for connectivity fueled by AI
TENX – Up over 60% in pre after announcing oversubscribed $100 million private placement
LCID – Up over 12% in pre after reporting better than expected earnings, $1.5 billion commitment from Saudi
*Issuer-paid content from GameSquare
Go to your platform and pull up GameSquare Holdings, Inc. (GAME).
GAME is projecting revenues of $100 million this year – but remember this stock is only trading for around $1 right now.
They also have made some shrewd financial moves and raised $36 million in capital recently.
The sole analyst who covers GAME recently reiterated his $5 price target on this stock – that would be a nearly 400% move from the current price!
And… this stock is not cratering with the market, but rather, you’re starting to see price spikes higher from the $1 level:
These spikes might be like “tremors” before an eruption!
I don’t see why not? Just a few months ago, the stock went on a 100% rally over a two-week period.
Since then, GAME has announced some of the biggest news in their history and the market hasn’t seemed to pay attention to it.
Just like today, they just announced a new deal with the NFL, with a multi-city roadshow.
Wait. A tiny “penny stock” inked a deal with the NFL?
Yes. That is the kind of door that gets opened when Jerry Jones is a big investor in your company.
From left to right: GameSquare CEO Justin Kenna, Tyler “Ninja” Blevins, Dallas Cowboys owner Jerry Jones, Cowboys VP Stephen Jones
Don’t you think he has bigger plans for GAME than where it is right now?
To see my full report on GAME, click here – and make sure to do your own due diligence as trading is risky and nothing is ever guaranteed.
*Issuer-paid ad. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results.
HOTLIST🔥
LUMN – Up over 50% in pre after announcing it has secured $5 billion in new business driven by major demand for connectivity fueled by AIÂ
Lumen Technologies Inc. (LUMN) is a facilities-based technology and communications company that provides various integrated products and services to business and residential customers in the United States and internationally.
In the after-hours yesterday, the company announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI.
Large companies across industry sectors are seeking to secure fiber capacity quickly, as this resource becomes increasingly valuable and potentially limited, due to booming AI needs. In addition, Lumen is in active discussions with customers to secure another $7 billion in sales opportunities to meet the increased customer demand.
To address this tremendous demand, which includes the recent Microsoft announcement, Lumen will more than double its intercity network miles over the next five years, while also providing access to a significant amount of installed dark fiber. In addition, Lumen has secured an agreement with Corning to be its preferred partner for its next-generation fiber-dense cable, which will help accommodate the increased data processing that AI requires.
“The AI economy is changing business operations, and companies are recognizing they need powerful network infrastructure to manage the unprecedented data flows today and the demand in the future,” said Kate Johnson, president and CEO, Lumen Technologies.
The stock traded up over 50% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $3.97 and then the after-hours high at $4.10.
Beyond that, $4.20, $5 and $6 come into play.
Below $3.97, targets to the downside are $3.80, $3.60, $3.40, $3.20, $3, $2.80 and then a gap fill at $2.59.
TENX – Up over 60% in pre after announcing oversubscribed $100 million private placement
Tenax Therapeutics Inc. (TENX) develops and commercializes pharmaceutical products containing imatinib for the treatment of pulmonary arterial hypertension in the United States.
In the pre-market this morning the company announced that it has entered into a securities purchase agreement for an oversubscribed private placement financing that is expected to result in total gross proceeds of approximately $100 million to the Company, before deducting placement agent fees and other private placement expenses.
The private placement was led by new investor BVF Partners LP, with participation from other new investors, including Venrock Healthcare Capital Partners, Vivo Capital, Janus Henderson Investors, a large investment management firm, Vestal Point Capital, Velan Capital, ADAR1 Capital Management, LLC, Stonepine Capital Management, and Sphera Biotech.
The private placement will be for an aggregate of 1,450,661 shares of the Company’s common stock and pre-funded warrants to purchase an aggregate of 31,882,671 shares of common stock, along with accompanying warrants to purchase an aggregate of 16,666,666 shares of common stock (or, in lieu thereof, additional pre-funded warrants).
The purchase price for each share of common stock and accompanying warrant is $3.00, with the accompanying warrant having an exercise price of $4.50 (provided, the purchase price for each pre-funded warrant and accompanying warrant is $2.99, with the pre-funded warrants having an exercise price of $0.01). The pre-funded warrants are exercisable at any time after their original issuance and will not expire.
TENX stock traded up over 60% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $4.86.
Above that, targets to the upside are $5, $5.30, $5.60, $5.80 and $6.
Below $4.86, targets to the downside are $4.60, $4.40, $4.26, $4.20, $3.90, $3.70, $3.50 and then a gap fill at $2.92.
LCID – Up over 12% in pre after reporting better than expected earnings, $1.5 billion commitment from Saudi
Lucid Group Inc. (LCID) is a technology company that designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems.
In the after-hours yesterday, the company reported Q2 2024 earnings.
Highlights include:
Produced 2,110 vehicles in Q2; on track for annual production of approximately 9,000 vehicles
Delivered 2,394 vehicles in Q2; up 70.5% compared to Q2 2023
Q2 revenue of $200.6 million
Ended the quarter with approximately $4.28 billion of total liquidity
Separately, announced a commitment of $1.5 billion today from an affiliate of the Public Investment Fund (PIF)
The stock traded up over 12% in the pre-market in reaction to the better than expected earnings.
The first target to the upside is the prior resistance at $3.40, $3.48 and then the after-hours high at $3.50.
Beyond that, $3.60, $3.70, $3.80, $4 and $4.20 come into play.
Below $3.40, targets to the downside are $3.30, $3.20, $3.15, $3.10 and then $3 come into play with $2.80 below that.
*Issuer-paid content from Gamesquare
MARKET NEWS đź“°
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*Issuer-paid advertisement: Just so you know, what you’re reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let’s be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren’t what you’d call “typical.”
Just a quick heads up about this ad you’re reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we have been paid fifteen thousand dollars (cash) by bank transfer by GameSquare for advertising for a period beginning on August 2, through August 7, 2024. In the past RagingBull received fifteen thousand dollars by ach bank transfer by GameSquare for advertising from a period beginning on July 12, 2023 through July 14 of the same year. Before that, we were paid twenty thousand dollars by ach bank transfer also by GameSquare for advertising from a period beginning on July 5, 2023 through July 7 of the same year. To date, we have been paid a total of fifty thousand dollars from GameSquare. Be aware that we may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into GameSquare might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there’s exceptional risk involved in trading. This isn’t small potatoes we’re talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We’re shining a light on the good stuff about the company here, but it’s on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
Oh, that brings us to another crucial point—we’re not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can’t wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who’s licensed to give you real advice. To be clear,Â
Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization.
So, that’s the scoop! If you’re intrigued and want to learn more about the companies we talk about, hit up the SEC’s website to dig into their filings and see the full picture.
