Congratulations to the Dodgers, what a beat down!
Here’s another BEAT-DOWN…
40 make that 51 straight wins for Jason Bond in the $2,000 Small Account Journey. (*Trading is hard, results not guaranteed and should not be expected to be replicated typically.)
Hurry on in … MEGA SALE ENDS IN:
FOCUS LIST🔎
EFSH – Up over 60% in pre after announces closing of $11.1 million public offering
AVDL – Up over 27% in pre after announcing favorable ruling in Administrative Procedure Act Litigation
TNON – Up over 30% in pre after announcing initial clinical cases successfully completed with company’s new Catamaran(R) SE SI Joint Fusion System
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HOTLIST🔥
EFSH – Up over 60% in pre after announces closing of $11.1 million public offering
1847 Holdings LLC (EFSH) through its subsidiaries, focuses on acquiring and managing a group of small businesses in the United States and internationally. It operates through four segments: Retail and Appliances, Retail and Eyewear, Construction, and Automotive Supplies.
In the after-hours yesterday, the company announced it has closed its previously announced fully marketed public offering of securities for gross proceeds of $11.1 million, prior to deducting placement agent fees and other offering expenses payable by the Company.
The public offering was comprised of 8,809,512 units, at a public offering price of $1.26 per unit. Each unit is comprised of (i) one (1) common share or a pre-funded warrant to purchase one (1) common share at an exercise price of $0.01 per share, (ii) a series A warrant to purchase one (1) common share at an exercise price of $1.90 per share and (iii) a series B warrant to purchase one (1) common share at an exercise price of $2.52 per share.
Shares of EFSH traded up over 60% in the pre-market in reaction to the news.
The $0.65 area acted as resistance in the pre-market and will be an important level to watch.
Above it, targets to the upside are $0.70, $0.75 and then the pre-market high at $0.80.
Below $0.65, targets to the downside are $0.58, $0.5381, $0.45 and a gap fill at $0.3883.
AVDL -Up over 27% in pre after announcing favorable ruling in Administrative Procedure Act Litigation
Avadel Pharmaceuticals plc (AVDL) is a biopharmaceutical company focused on transforming medicines to transform lives.
In the pre-market this morning, the company announced the U.S. District Court for the District of Columbia ruled in favor of the Food and Drug Administration (“FDA”) in a suit brought by Jazz Pharmaceuticals Inc. under the Administrative Procedure Act regarding the FDA’s approval of LUMRYZTM, the first and only once-at-bedtime oxybate treatment for cataplexy or excessive daytime sleepiness in adults with narcolepsy.
With this ruling, the approval of LUMRYZ is upheld based on the FDA’s determination that LUMRYZ is clinically superior to Jazz’s twice-nightly oxybate products.
“With the Court’s decision, LUMRYZ will continue to be available to the narcolepsy community and retain its Orphan Drug Exclusivity,” said Greg Divis, Chief Executive Officer at Avadel Pharmaceuticals. “Yesterday’s ruling further solidifies LUMRYZ’s unique once-at-bedtime dosing schedule as a major contribution to patient care and enables us to continue executing on our commercial launch and expanding LUMRYZ’s reach within the narcolepsy community.”
Shares of AVDL traded up over 27% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $16.98
Beyond that, $17.30, $18 and $19 come into play.
Below $16.98, targets to the downside are $16, $15, $14 and $13.
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HURRY… Sale Ends In:
TNON – Up over 30% in pre after announcing initial clinical cases successfully completed with company’s new Catamaran(R) SE SI Joint Fusion System
Tenon Medical Inc. (TNON) is a medical device company that engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico.
In the after-hours yesterday, the company announced the completion of the initial clinical cases utilizing the Company’s new Catamaran SE SI Joint Fixation Device.
The new implant offers a 30% reduction in implant width as compared to the original Catamaran Fixation Device, providing physicians with options for smaller SI joint anatomy or revising previously treated SI joints with failed alternative SI joint implants where space is limited.
Initial user experience with the Catamaran SE is underway with a select group of physician operators who are expected to provide valuable feedback to support a broader Catamaran SE market introduction in the coming months.
Successful procedures utilizing the Catamaran SE have been completed in various centers of excellence throughout the country including in Idaho, Pennsylvania, Minnesota, Arizona, and Utah.
Shares of TNON traded up over 30% in the pre-market in reaction to the news.
The $4 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $4.20, $4.40, $4.60 and then the pre-market high at $4.74. Beyond that, $5.10, $5.50 and $5.95 come into play.
Below $4, targets to the downside are $3.85, $3.66, $3.50 and then a gap fill at $3.26.
MARKET NEWS 📰
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