*Together with
Good day, 360 –
Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street!
AKA – Up over 28% in pre-market after earnings beat
LUNR – Up over 33% in pre after announcing $719 million award from NASA
BBBY – 2nd day play, trades up over 25% in pre after closing up 22% yesterday
*A Message on Behalf of Mineral News Reports
? Hot Stock of the Day ?
US Gold Corp (Nasdaq: USAU)
Everyone is talking about the surge in gold prices lately as it has broken above the all-important $2000 level.
I mean, it is everywhere you look…
Central banks, and “mom-and-pop” investors are loading up on the shiny stuff. Who can blame investors for piling in with a potential financial crisis looming around the corner? ?
If you recall, we covered US Gold Corp (Nasdaq: USAU) a few weeks ago, and the stock price promptly shot up over 68% over the following few days.
Readers were ecstatic, of course, and now we think it is an ideal time to give this awesome little mining stock a look once again at current levels.
US Gold Corp (Nasdaq: USAU) raised over $5 million in fresh cash just a couple of weeks ago – at prices 30% higher than today. ?
If “big money” loved it at higher prices, don’t you think it is worth taking a peek at it right now? ?
And the analysts covering the stock? They peg it over 280% higher than it currently is (and that was before the surge in gold prices this year)!
If you’re bullish on the trend for gold continuing higher, you really should check out this incredible opportunity right now.
Get started by reading the full report from our friends at Mineral News Report, and do your research on this exciting stock today!
*Sponsored by Lifewater Media, please see disclosures below.
AKA – Up over 28% in pre-market after earnings beat
a.k.a Brands (AKA) reported its preliminary unaudited results for Q1 after market yesterday. The company announced it expects to report net sales of approximately $120 million exceeding the high end of its previous outlook of $113-$116 million.
It also announced adjusted EBITDA of approximately $2 million to $2.2 million, above the previous outlook of between $1.5 million and $1.8 million.
The $0.51 level has acted as support in after-hours and the pre-market this morning and should be an important area to watch.
Above it, targets to the upside are $0.6250, $0.67, $0.8 and then the after-hours high of $0.88. Beyond that, there is potential resistance at $0.91. $0.95 and then $1.12.
Below $0.51, there is potential support at $0.46 and a gap to fill at yesterday’s close of $0.4068.
LUNR – Up over 33% in pre after announcing $719 million award from NASA
Intuitive Machines (LUNR) announced in the after hours that The National Aeronautics and Space Administration (“NASA”) awarded Space & Technology Solutions, the DBA for Space Networks Solutions LLC, a joint venture led by Intuitive Machines with KBR (NYSE:KBR), a cost-plus-fixed-fee indefinite-delivery, indefinite-quantity contract meant to support work related to the Joint Polar Satellite System, NASA’s Exploration and In-space Services. The single-award contract has a five-year base performance period and a maximum ordering value of $719 million.
LUNR traded over 33% higher in pre-market on the news.
The $14 level is being tested in the pre-market, it was an area of resistance in the after-hours yesterday evening and has so far held this morning. That will be an important level to watch.
Above it, the first target for bulls will be the pre-market high of $14.35. Beyond that, targets to the upside are at $15.60, $16.14, $16.70, and then the $18 area.
Below $14, there is potential support at $13.10, $12.75, $12.60, $12.40, $12, $11.30 and then a gap to fill at $10.40.
BBBY – 2nd day play, trades up over 25% in pre after closing up 22% yesterday
Bed Bath and Beyond traded up over 22% this morning on no news. This is a Reddit Meme Ape short squeeze favorite. After closing at all-time lows of $0.2381 on Friday, it found buyers this week closing higher on Monday and Tuesday, trading around $0.43 this morning.
BBBY recently raised $48.5 million from a stock offering of 100.1 million shares. Moreover, the company is aiming to stave off bankruptcy and is looking to raise $300 million by April 26. There is sure to be some wild action now that the stock is back in play as short squeeze Apes battle it out vs short-sellers betting on bankruptcy.
$0.4150 has acted as support in the pre-market and will be an important level to watch this morning.
Above it, there is potential resistance at $0.4280, $0.4390, $0.4500, and then $0.4800. Targets beyond that are $0.55, a gap to fill at $0.5936, and then $0.80.
Below $0.4150, there is potential support at $0.40, $0.39, $0.37-$0.3750 and then a gap to fill at $0.3430.
Economic Calendar (EST)
7:00am MBA Mortgage Applications
10:30am EIA Petroleum Report
2:00pm Beige book
7:00pm Fed Speaker John Williams
Earnings for Today (After Market)
AA, BANR, BDN, CALX, CCI, CNS, DFS, EFX, EGBN, FFIV, FNB, FR, GSBC, IBM, KMI, LBRT, LRCX, LVS, MCRI, MIND, MMLP, NBHC, REXR, RLI, SLG, STLD, TSLA, WTFC, ZION
Top Headlines
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META Meta Is About To Start Its Next Round Of Layoffs, Cutting 4000 Jobs On Wednesday – Vox
LUNR Intuitive Machines Bolsters Orbital Services Business Line With $719 Million NASA Award
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PCXV prices $500M offering. 11.2M shares at $41/share
GM Nanoramic Laboratories and General Motors to Collaborate on Cost and Sustainability of Lithium-ion Batteries for Electric Vehicles
DIS Walt Disney set to cut thousands of jobs next week – report BBG
LIN Linde to Boost Capacity of Samsung Display On-Site Facility in South Korea; Proposes To Build A SPECTRA Plant Entailing Investment Of $100M
AULT: Ault Alliance Announces Postponement of the Record Date for the Distribution of Securities of Imperalis Holding
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PSTV Plus Therapeutics Completes Enrollment of the Original Three Patients Required for Cohort 8 of ReSPECT-GBM Phase 1/2a Trial
TNXP Tonix Pharmaceuticals Announces Presentations of Pre-Clinical Data on TNX-1700 in Syngeneic Models of Colorectal and Gastric Cancer at the American Association for Cancer Research Annual Meeting 2023
SRDX Surmodics Announces Successful First Patient Use of Sublime(TM) Radial Access Microcatheter Designed for the Periphery
ACXP: Acurx Announces Ibezapolstat Scientific Poster and Update on its Pol IIIC Pipeline Presented at ECCMID 2023 Scientific Conference
CRGE: Charge Enterprises Reports Record Infrastructure Backlog Surpassing $100 Million and Reaffirms Growth Strategy
MSFT German Authors and Performers Demand Stricter Regulations on ChatGPT in Response to Copyright Issues with Microsoft
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