Tuesday, March 9, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

Delisting of Securities of Tandy Leather Factory, Inc. and Technical Communications

4 weeks ago
in Technical
2 min read
Delisting of Securities of Tandy Leather Factory, Inc. and Technical Communications
Share on FacebookShare on Twitter


Bloomberg

EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months

(Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over the past eight months. Only seven stocks — out of about 2,700 that are worth at least $1 billion — have risen more over that time. The reason: Blink is a green-energy company, an owner and operator of charging stations that power up electric vehicles. And if investors are certain of one thing in the mania that is sweeping through financial markets, it is that green companies are can’t-miss, must-own investments of the future.No stock better captures this euphoria than Blink. With a market capitalization of $2.17 billion as of Monday, its enterprise value-to-sales ratio — a common metric to gauge whether a stock is overvalued — has blown out to 481. For some context, at Tesla Inc. — the darling of the EV world and a company with a very rich valuation itself — that number is just 26.“Everything about it is wrong,” said Andrew Left, the founder of Citron Research. “It is just a cute name which caught the eye of retail investors.”Citron was one of a handful of firms that bet against Blink last year, putting on short-sale trades that would pay off if the share price fell. It’s one of several wagers against stocks favored by the retail-investment crowd that have gone against Citron — with GameStop Corp. being the most high-profile — and prompted Left to declare Jan. 29 that the firm was abandoning its research into short-selling targets. Overall short interest on Blink — a gauge of the amount of wagers against the stock — has fallen to under 25% of free-floating shares from more than 40% in late December.For the short-sellers, one of the things that raised alarms is that several figures tied to Blink, including CEO and Chairman Michael Farkas, were linked to companies that ran afoul of securities regulations years ago.Farkas dismisses this and the other criticisms lobbied by the shorts. “There have been and always will be naysayers,” Farkas said in an email. “When I founded the business, the naysayers questioned whether the shift to EV was real. Now, as the value of our business grows, the naysayers tend to be the short sellers.”Also See: Bloomberg Intelligence’s Environmental, Social, and Corporate Governance DashboardIn the CrosshairsMaking money on charging is, historically, a losing proposition. In theory, a model like Blink’s that involves both equipment sales and collecting user fees could become consistently profitable as government support accelerates EV adoption. But no one’s done it yet.“This market is still too…



Read more:Delisting of Securities of Tandy Leather Factory, Inc. and Technical Communications

Related articles

SE Asia’s first insured Bitcoin Fund launched amid growing global interests

SE Asia’s first insured Bitcoin Fund launched amid growing global interests

March 9, 2021
Bitcoin traders worry as BTC price remains pinned below $50K

Bitcoin traders worry as BTC price remains pinned below $50K

March 7, 2021
Tags: bitcoin news todayCommunicationsDelistingFactoryLeatherSecuritiesTandyTechnical

Related Posts

SE Asia’s first insured Bitcoin Fund launched amid growing global interests

SE Asia’s first insured Bitcoin Fund launched amid growing global interests

by Bitcoin Market
March 9, 2021
0

SE Asia's first insured Bitcoin Fund launched amid growing global interests IBS Intelligence Read more:SE Asia’s first insured...

Bitcoin traders worry as BTC price remains pinned below $50K

Bitcoin traders worry as BTC price remains pinned below $50K

by Bitcoin Market
March 7, 2021
0

The price of Bitcoin (BTC) has failed to break above the psychological $50,000 resistance going into the weekend and...

Whales Holding Over 1,000 Bitcoin Could Fuel Another Rally, Data Suggests

Whales Holding Over 1,000 Bitcoin Could Fuel Another Rally, Data Suggests

by Bitcoin Market
March 6, 2021
0

Bitcoin’s largest holders currently have 42.56% of the cryptocurrency’s existing supply. What Happened: These Bitcoin whales each hold over 1,000...

DMG Provides Positive Business Outlook, Raises Self-Mining Compute Power Target

DMG Announces Closing of Cdn$70 Million Private Placement Offering with Institutional

by Bitcoin Market
March 6, 2021
0

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia,...

Bitcoin Elliott Wave Analysis – FXStreet [Video]

Bitcoin Elliott Wave Analysis – FXStreet [Video]

by Bitcoin Market
March 5, 2021
0

Bitcoin  (BTC) & Ethereum (ETH) Technical analysis Elliott Wave. Overview: Bitcoin and Ethereum can be viewed with two wave...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
North America’s first bitcoin ETF launches in Canada today

North America’s first bitcoin ETF launches in Canada today

February 18, 2021
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Market Report: FTSE flies after Joe Biden’s $1.9tn stimulus legislation is approved

Market Report: FTSE flies after Joe Biden’s $1.9tn stimulus legislation is approved

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Market Report: FTSE flies after Joe Biden’s $1.9tn stimulus legislation is approved

Market Report: FTSE flies after Joe Biden’s $1.9tn stimulus legislation is approved

March 9, 2021
Bitcoin tops $1 trillion in value again as the cryptocurrency’s price jumps

Bitcoin tops $1 trillion in value again as the cryptocurrency’s price jumps

March 9, 2021
Mowi ASA (OSE:MOWI): Capital Markets Day 17 March 2021 from 08:00 (CET)

Mowi ASA (OSE:MOWI): Capital Markets Day 17 March 2021 from 08:00 (CET)

March 9, 2021
Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs

Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs

March 9, 2021
Bitcoin rises nearly 7% to $53,813, reclaims $1 trillion market capitalisation

Bitcoin rises nearly 7% to $53,813, reclaims $1 trillion market capitalisation

March 9, 2021
Gold Price Languishes as US Yields and Bitcoin Price Rebounds

Gold Price Languishes as US Yields and Bitcoin Price Rebounds

March 9, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$54,041.008.75%
  • bitcoin-cashBitcoin Cash(BCH)$542.297.62%
  • binance-coinBinance Coin(BNB)$253.009.56%
  • bitcoin-goldBitcoin Gold(BTG)$29.844.39%
  • bitcoin-privateBitcoin Private(BTCP)$0.25714.96%
  • blocktixBlocktix(TIX)$0.0140.00%