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FOCUS LIST🔎
MGRX – Up over 24% in the pre-market after reporting 108% Q1 revenue growth
FFIE – Up over 100% in pre as short squeeze continues
CRKN – Up over 50% in pre on continued momentum from yesterday
*sponsored by Shore Thing Media
There is a breaking news situation 📣that just popped up on our radar, so time is crucial…
Pull up Brenmiller Energy (BNRG) on your platform right now.
The stock is going BONKERS this morning already, as the company just dropped some BIG news (check it out here)!
This tiny stock just announced over $500 MILLION in potential contracts for their cutting-edge, thermal energy storage units.
This is obviously a real game-changer for them.
While the stock is already up quite a bit, on the news announcement, it will take the market some time to fully appreciate the importance of this news.
BNRG is going to be one of the most talked about stocks today… so look into it as early as possible.
Spend time right now doing your own research on the stock – you can see our full rundown here. As trading is very risky and nothing is guaranteed, always have a game plan that takes your personal risk tolerance into consideration.
*Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results.
HOTLIST🔥
MGRX – Up over 24% in the pre-market after reporting 108% Q1 revenue growth
Mangoceuticals, Inc. (MGRX) develops, markets, and sells various men’s wellness products and services through a telemedicine platform in the United States. It offers erectile dysfunction (ED) products under the Mango brand and hair loss products under the Grow brand name.
In the after-hours yesterday, the company reported Q1 2024 financial results.
The company reported a 108% increase in sales, growing from $214,000 USD compared to approximately $100,000 USD in the first quarter of 2023.
The stock traded up over 24% in the pre-market in reaction to the strong sales growth.
The $0.25 area acted as support in the after-hours and will be an important level to watch.
Above it, targets to the upside are $0.2850 and then the pre-market high at $0.32. Beyond that, $0.35, $0.40 and $0.45 come into play.
Below $0.25, targets to the downside are $0.24, $0.23 and then a gap fill at $22.01.
FFIE – Up over 100% in pre as short squeeze continues
Faraday Future Intelligent Electric Inc. (FFIE) engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States.
There has been no news or press release in this name however it is one of the highest shorted stocks in the entire market. According to Finviz FFIE has a short interest of over 95% and this stock was picked up this week by Reddit Apes as another potential short squeeze candidate.
FFIE was trading below $0.10 earlier in the week, but traded above $2.50 this morning, trading up over 100% from yesterday’s close. This is one to have on your radar this morning.
The $2.35 level was yesterday’s high and so far has acted as a support area in the pre-market.
Above it, targets to the upside are $2.80 and then the pre-market high at $3.02. Beyond that, $4, $5, $6, $8 and $10 come into play.
Below $2.35, targets to the downside are $2, $1.70, $1.50, $1.25 and $1.
CRKN – Up over 50% in pre on continued momentum from yesterday
Crown Electrokinetics Corp. (CRKN) develops and sells optical switching films in the United States. The company operates in two segments: Electrokinetic Film Technology Division and Fiber Optics Division.
CRKN saw record volume yesterday trading over 3 billion shares and closing up over 400% as nano cap stocks under $0.10 are in play on the back of the big move in FFIE.
The stock traded up another 50% in the pre-market this morning after the big move yesterday.
The $0.45 area has acted as resistance in the pre-market and will be an important level to watch.
Above it, the first target to the upside is yesterday’s high at $0.53. Beyond that, $0.60, $0.70, $0.80, $0.90 and $1 come into play.
Below $0.45, targets to the downside are $0.40, $0.35, $0.30, $0.25, $0.20 and then $0.15.
MARKET NEWS 📰
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*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 received eleven thousand five hundred dollars (cash) from Shore Thing Media for advertising Brenmiller Energy Ltd for a one day marketing program on may 17, 2024. This amount was paid by someone else not connected to Brenmiller Energy Ltd. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. 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 Brenmiller Energy Ltd 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,
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.
