The (Insane) Facts & Figures Fuelling the Betting Industry

CLSK - Goes Through Everything

A lot of you are on the edge of buying CLSK and it was the most wanted stock so here is the DD.
TL;DR at the end.
Update to DD process at the end.


Catalysts:
https://finance.yahoo.com/news/cleanspark-announces-california-off-grid-130000433.html
CLSK announced the successful commissioning and deployment of their mPulse software, this software reduces fuel consumption a eliminates high energy operating costs for business of all kind.

This software is one of a kind as has huge potential in U.S. and foreign markets, businesses all over the world will want to minimize fuel consumption which will, in turn, save them potentially millions of dollars.
Deployments like these create opportunities for long term SaaS revenue.
CLSKs sales pipeline has continued to grow and they are seeing increased demand across all types of businesses.

The software was installed in a off-grid installation system from California City, CA.
CLSK provided the system with software and controls as well as battery storage

They have a microgrid Value Stream Optimizer (mVSO) platform; a SaaS-based software and industry-leading solution for energy project analysis and modeling.
Energy resiliency and savings were the primary vectors in mVSO's modeling exercise for the end-user, a controlled-distribution agricultural facility.
Based on this and a variety of factors, mVSO provided a 20-year economic model outlining the cash flows of the system and detailed cost-avoidance benefits.

Zach Bradford, CEO and President of CleanSpark, stated, "Given the remote location of the end-user's operation, local utility companies were unable to provide electrical grid service to the facility in a timeframe that supported their business plans. By going completely off-grid, CleanSpark and Good Energy Solar have allowed the customer to create and independently own their energy system to meet their current and future power requirement.

The system is fully expandable and provides its users with a variety of controls.


https://finance.yahoo.com/news/cleanspark-announces-significant-upgrades-cutting-130000880.html
CLSK announced an improvement to the UI and energy analytics software to mVSO.

mVSO is used by microgrid developers to efficiently create money-saving energy proposals for their client projects.
The new UI will improve the user's flow through the application.

Amanda Kabak, CleanSpark's CTO and Principal Software Architect stated, "Our mission for mVSO is to provide distributed energy and microgrid developers an easy and effective way to educate their end customer on the full benefit of a proposed project. The recent upgrades and improvements we've made to the software are specifically geared to that end. The ability to share reports with any number of parties, the capability to download an effective proposal, and the increased visibility into customer interaction with these artifacts will undoubtedly help drive sales for our users."

The new updates will greatly improve user experience which improves sales of their services.


https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.html
CLSK has announced that p2klabs Inc, a recently acquired subsidiary, has seen significant growth in revenues.
Revenues have increased by 80% and more growth and revenue is expected.

The company attributes the increase of revenue to a combination of factors, including increased access to capital, expanded product offering and the ability to attract and retain key personnel as a function of being a component of a much larger organization.

p2klabs has spearheaded the redesign of CleanSpark's corporate website, developed an entirely new suite of marketing materials, and significantly enhanced the interface, usability, and user experience of the company's SaaS energy modeling tool 'mVSO' and its mPulse controls platform.
Additionally, p2klabs has continued to grow its core business by gaining multiple new clients and increasing its revenues.

Amer Tadayon, CleanSpark's new Chief Revenue Officer added, "The access to capital as a result of the CleanSpark acquisition has allowed p2klabs to bolster its team and to enhance its service offerings, allowing us to accelerate our revenue growth by contracting both with new clients as well as existing customers. p2klabs' business is thriving since being acquired, and our entire team is pleased with the overall contribution to CleanSpark's initiatives for its core products, while also increasing our consulting revenues."



Financials:
https://www.sec.gov/Archives/edgadata/827876/000166357720000136/clsk10q.htm
This is based on their most recent 10Q SEC form.
All values are unaudited

Current Assets:
- Cash value of $4,506,510 as compared with $7,838,857 last year.
- Net Account Receivable value of $1,441,512 as compared with $777,716 last year.
- Contract Assets value of $4,282 as compared with $57,077 last year.
- Prepaid Expense And Other Current Assets value of $595,831 as compared with $1,210,395 last year.
- Derivative Asset value of $824,891 as compared with $0, unreported, last year.
- Investment In Equity Securities value of $502,000 as compared with $0, unreported, last year.
- Investment Available For Sale Debt Security At Fair value of $456,744 as compared with $0, unreported, last year.
Total current assets value of $8,331,770 as compared with $9,884,045 last year.


Non-Current Assets:
- Net Fixed Assets value of $143,895 as compared with $145,070 last year.
- Operating Lease Right Of Use Asset value of $63,554 as compared with $0, unreported, last year.
- Net Capitalized Software value of $1,060,417 as compared with $1,055,197 last year.
- Net Intangible Assets value of $7,328,789 as compared with $7,430,082 last year.
- Goodwill value of $5,562,246 as compared with $4,919,858 last year.
Total non-current assets value of $14,158,901 as compared with $13,550,207 last year.

Total assets value of $22,490,671 as compared with $23,434,252 last year.


Current Liabilities:
- Accounts Payable And Accrued Liabilities cost of $3,121,117 as compared with $848,756 last year.
- Contract Liabilities cost of $590,241 as compared with $499,401 last year.
- Lease Liability cost of $64,033 as compared with $0, unreported, last year.
- Due To Related Parties cost of $20,000 as compared with $86,966 last year.
- Convertible Note Net Of Unamortized Discounts cost of $822,498 as compared with $0, unreported, last year.
- Loans Payable Net Of Unamortized Discounts cost of $0, unreported, as compared with $67,467 last year.
Total current liabilities cost of $4,617,889 as compared with $502,590 last year.


Long Term Liabilities:
- Convertible Notes Net Of Unamortized Discounts cost of $5,124,658 as compared with $2,896,321 last year.
- Loans Payable cost of $150,000 as compared with $150,000 last year.
Total long-term liabilities cost of $5,274,658 as compared with $3,046,321 last year.


Stockholders Equity:
Total stockholders equity of $12,598,124 as compared with $18,885,341 last year.


Net Revenues:
- Sales Of Goods Revenue value of $3,352,098 as compared with $373,568 last year.
- Service, Software, And Related Revenues value of $306,185 as compared with $350,331 last year.


Cost Of Revenues:
- Goods Sold cost of $2,921,548 as compared with $330,882 last year.
- Services cost of $32,698 as compared with $261,136 last year.
Total revenues cost of $2,954,246 as compared with $592,018 last year.

Gross profit of $704,037 as compared with $131,881 last year.


Operating Expenses:
- Professional Fees cost of $1,005,991 as compared with $1,406,269 last year.
- Payroll Expenses cost of $984,380 as compared with $313,170 last year.
- Product Development cost of $0, unreported, as compared with $341,081 last year.
- General And Administrative cost of $311,131 as compared with $159,408 last year.
- Depreciation And Amortization cost of $674,587 as compared with $499,636 last year.
Total operating expenses of $2,976,089 as compared with $2,719,564 last year.


Other Income Expenses:
Total income expenses cost of $3,543,046 as compared with $5,176,857 last year.


Total net loss of $5,815,098 as compared with $7,764,540 last year.



Fundamentals:
https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.htmlHere's a description of the company:
CleanSpark a software and services company which offers software and intelligent controls for microgrid and distributed energy resource management systems and innovative strategy and design services.
The Company provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization.
Their software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment.
Their product and services consist of intelligent energy controls, microgrid modeling software, and innovation consulting services in design, technology, and business process methodologies to help transform and grow businesses.

The address of the company:
70 North Main StreetSuite 105Bountiful, UT 84010United States801-244-4405http://www.cleanspark.com
They have 20 full-time employees.

The company is located in the U.S. which provides a potential for massive opportunities from Fortune 100 companies and cities.



Technicals:
Stock Info:
https://finance.yahoo.com/quote/CLSK/key-statistics?p=CLSK
- Usual 10-day volume of 1.16M.
- Usual 3-month volume of 3.19M.
This is a good volume for a penny stock, it allows for easy buying and selling of the stock, it also ensures that there will be price movement.

- Shares outstanding are 9.86M.
- Float is 8.39M.
A low float makes it easier to push the stock price up, but it also makes it easier to drop it.

- 30.97% of shares are being held by insiders.
- 1.33% of shares are being held by institutions.
This is both good and bad, those insiders could sell all their shares, and since they hold a very large number that would significantly lower the stock price. The good is that this shows that insiders are confident in the stock.
It would be better if more institutions held the stock since instituions only invest in companies they see as profitable for them.

- Short % of float is 0.91%
This is good, it shows that investors are confident that the stock will go up since most are not betting on the stock falling.


Indicators:
Moving Averages:
- Candles are above 5 SMA, buy rating.
- Candles are below 10 SMA, sell rating.
- Candles are below 20 SMA, sell rating.
- Candles are above 30 SMA, buy rating.
- Candles are above 50 SMA, buy rating.
- Candles are below 100 SMA, sell rating.
- Candles are below 200 SMA, sell rating.
- Candles are neutral on ICBL, hold rating.
- Candles are below VWAP, sell rating.
- Candles are above HMA, buy rating.
CLSK is rated as sell based on Moving Averages.
The stock is in an overall downtrend.

Oscillators:
- Stock is neutral on RSI, hold rating.
- Stock is neutral on S%K, hold rating.
- Stock is neutral on CCI, hold rating.
- Stock is neutral on ADI, hold rating.
- Stock is neutral on AO, hold rating.
- Stock is negative on Momentum, sell rating.
- Stock has negative MACD , sell rating.
- Stock is neutral on SRF, hold rating.
- Stock is neutral on WPR, hold rating.
- Stock is positive on BPP, buy rating.
- Stock is neutral on UO, hold rating.
CLSK is rated sell based on Oscillators.

Based on indicators, CLSK has a sell rating.


Support And Resistances:
- Weak Daily Support of $1.
- Normal Daily Resistance of $2.48.
- Normal Hourly Support of $2.01.
- Normal Hourly Resistance of $2.43.



TL;DR: CLSK is a fast-growing company that has potential. Their applications have huge uses like a major reduction in fuel consumption for businesses and cities.
Their subsidiaries are making lots of revenue that supports the company.
Their applications and software are one of a kind and have massive potential in U.S. and foreign markets.
The indicators aren't good which can cause the price to drop.
This is not a short term play.


TL;DR;DR: This is for people on the edge about buying or selling
- Buy point is when candles cross $2.43 resistance with some buffer.
- Instant buy point is when candles cross the 200 SMA.

- Sell point is when candles cross below 50 SMA
- Instant sell point is when candles cross below $2.01 support with some buffer.

Update: It takes me around 4 hours per stock to make DD for the community.
I recently made a Patreon for anyone that wants to support me and get some benefits.
This is completely optional and I still will be posting some DD for the community.
https://www.patreon.com/maxgainz

Sorry mods if this isn't allowed, I will remove if asked.



This is not financial advice, I'm not a financial professional.
Do not buy this stock just because of this DD.
I'm not to be held liable for any losses or missed out gains due to this DD.
I do not currently hold any shares of this stock.

Please trade responsibly and take days off when your portfolio is falling, the market has its bad days.
Robinhood has UI errors sometimes, please be aware of that.
submitted by Bogashi to pennystocks [link] [comments]

In Depth $FRSX DD - For The Bagholders

This was the most picked stock that you wanted DD on so here it is.
Bagholders, this is for you.
TL;DR at the end.



Catalysts:
https://finance.yahoo.com/news/foresight-enable-mass-screening-detection-111500924.html
FRSX filed a patent for fast and accurate detection of Covid-19 symptoms.

They announced a start in developing a mass screening solution for Covid-19 symptoms. The solution is based on visible-light and thermal cameras.

The company has been using FLIR thermal cameras and advanced algorithms for detection.

This new solution is more accurate and will potentially eliminate false-positive results.

The need for accurate touch-free mass screening is in very high demand all across the world and FRSX is one of the top leaders in Covid-19 detection when their new mass screening solution is made, there is potential for huge profits from potentially the U.S. Government who have recently called off Federal Screenings which will most likely be started up again due to cases spiking.


https://www.sec.gov/Archives/edgadata/1691221/000121390020015737/ea123404ex99-1_foresigh.htm
https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
FRSX announced the appointment of executive Alain Charlois as Vice President of Strategic Partnerships.

Charlois will be responsible for new business opportunities and potential partners in ADAS and autonomous driving markets in North America and Europe.

He has very extensive experience in commercializing businesses in the automotive market. Currently, he is holding leadership and business development positions in international companies such as ZF-TRW Automotive and other startups.
"Foresight’s unique vision technology has the potential to revolutionize automotive safety" said Haim Siboni, Foresight’s CEO.

Here's what the company says about Charlois:
Mr. Charlois’s unique skills and extensive industry relationships will allow us to generate additional interest in our offerings, help us identify and connect with potential corporate partners, and expand our presence in the ADAS and autonomous vehicles markets.

Charlois could be a major figure of the company and the leader of innovation in it. Expect lots of improvements to the company from him.
FRSXs technology is potentially revolutionary, of course, that is a buzz word though.


https://finance.yahoo.com/news/foresight-regains-compliance-nasdaq-minimum-120000528.html
Very recently, FRSX has regained NASDAQ compliance.

Compliance is very important for the stock price, NASDAQ compliance opens the potential for more investors and institutions to buy shares of the company.



Financials:
https://finance.yahoo.com/quote/FRSX/financials/
Surprisingly they don't have 10Q SEC forms so this is based on Yahoo Finance.
These are based on Q1 results.


Total Revenue:
- Operating revenue of $0 as compared with $0 last quarter

Operating Expenses:
- General And Administrative costs of $660,000 as compared with $803,000 last quarter.
- Salaries And Wages cost unreported.
- Selling And Marketing costs of $433,000 as compared with $266,000 last quarter.
- Research And Development costs of $2.341M as compared with $3.203M last quarter.
- Interest Income Non-Operating cost of $131,000 as compared with $235,000 last quarter.
- Other Income Expenses of $746,000 as compared with $395,000 last quarter.
Total net loss of $4.049M before tax as compared with $4.370M before tax last quarter.

Balance Sheet:
- Assets value of $19.334M.
- Liabilities And Stockholders Equities value of $19.334M.

The financials are pretty bad, the expenses are basically the same as last quarter but they haven't reported any income so it's counted as $0.



Fundamentals:

https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
Here's a description of the company:
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry.

Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" cellular-based applications.

Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion.

Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.

The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

https://finance.yahoo.com/quote/FRSX/profile?p=FRSX
The companies address:
Weizmann Science Park7 Golda Meir StreetNess Ziona 7403650Israel972 7 770 9030http://www.foresightauto.com
They have 61 full-time employees



Technicals:
Stock Info:
https://finance.yahoo.com/quote/FRSX/key-statistics/
- Usual volume of 4.01M, this is a good volume for a penny stock and allows for easy buying and selling of the stock. This also ensures that there will be movement in the stock.
- Float of 21.54M, this is the usual float for a stock of this price. The stock price is fairly easy to move which allows for the stock to rise fast but also has potential for the stock to drop fast.
- Short % of shares outstanding is 1.02%, this a very low short % which is good, the less a stock is shorted the fewer people betting on the stock falling. This also shows that the holders of the stock are confident since most people are buying long.
- Insiders hold 0.00% of the stock float, this is both good and bad.
- Institutions hold 1.84% of the stock float, this isn't that good since institutions heavily invest in companies they value as profitable.


Indicators:

Moving Averages:
- Candles are above 5 SMA, buy rating
- Candles are above 10 SMA, buy rating
- Candles are above 20 SMA, buy rating
- Candles are above 30 SMA, buy rating
- Candles are above 50 SMA, buy rating
- Candles are above 100 SMA, buy rating
- Candles are above 200 SMA, buy rating
- Candles are above VWAP, buy rating
- Candles are below HMA, sell rating
This gives FRSX a strong buy rating based on MA


Oscillators:
- Stock is neutral on RSI, hold rating
- Candles are neutral on S%K, hold rating
- Candles are below CCI, sell rating
- Candles are neutral on ADI, hold rating
- Candles are above AO, buy rating
- Stock is below Momentum, sell rating
- Stock has positive MACD levels, buy rating
- Stock is below SRI, sell rating
- Stock is neutral on WPR, hold rating
- Stock is neutral on BBP, hold rating
- Stock is neutral on UO, hold rating
This gives FRSX a sell rating based on Oscillators

FRSX has a buy rating based on indicators.


Support And Resistance:
- Support of $1.24
- Resistance of $1.95



Due to the recent fall in futures, I would stay away from buying any stock right now. Other than that here is the TL;DR


TL;DR: FRSX has massive plans for mass Covid-19 screeners. Their patent approving and in development screener will potentially eliminate false positives and have improved accuracy while also being a contact-free screener.

There is potential for an FRSX and FLIR merger since FRSX is developing Covid-19 scanners while FLIR supplies them with the thermal technologies.
The merger is just my speculation, nothing is confirmed.

Recently, Federal Covid-19 Testing has been stopped, this most likely will be turned on again since cases are spiking. There is potential for the U.S. Government to use FRSXs in development technology.

The company's financials are absolute dogshit but there is a possibility of them getting better if they gain a lot of profit from their screener sale which is still in development.

The company's headquarters are in Israel which isn't really good since it's easier to find clients when your business is mainly located in the U.S.


TL;DR;DR: This is for the bag holders
I would hold on to the stock, for now, it is not a short term play.

- Buy point is right now.
- Instant buy point is once it breaks the $1.95 resistance with some buffer.

- Sell point is if the stock goes below the $1.24 support with some buffer.
- Instant sell point if the stock goes below 200 SMA.



This is not financial advice, I'm not a financial professional. Do not buy or sell the stock due to this DD.
I'm not responsible for any loss or missed out gains due to this DD.
I do not currently hold any positions of this stock

Please trade responsibly and take days off when your portfolio is falling.
submitted by Bogashi to pennystocks [link] [comments]

Algos move the market in the short term, not retail/institutional/pension funds

My title of my post is the statement I stuck too from the very moment this selloff started. I've stayed consistent with this belief the entire time, whether we go up or down. If you just wanted any more proof, take a look at the Twitter link, as an additional piece of evidence. It's the same case in the recent up moves (the futures are contributing to the majority of the recent up move).
https://mobile.twitter.com/bespokeinvest/status/1248368169091239937
Retail, institutional investors, pension funds, etc. - they don't trade overnight futures. However you know who does? Stat arb algos as well as option trading firms/hedge funds/prop trading firms/bank risk-mitigation algos. For example if a hedge fund was put into a dicey risk situation, they turn on these algos to offload risk overnight. If they can't sell credit risk, they have to do it elsewhere like in ES futures. If an option market maker is short gamma and realizes oh crap, this is gonna cause me to be super long tomorrow with this move in ES, I've gotta hedge and turn on my overnight algo to sell first so I get less long deltas overnight.
So when you guys want to ask "who in the world is even selling" as we sold off and now "who in the world is even buying" as we go up, it's the algos. You are right, not many actual people are buying these days. It's the algos, and when I say algos, I mean the risk/liquidity algos.
Do you want to know why the algos are buying now? It's simple. Jerome Powell said he's buying credit ETFs. If you are a market maker, you have to sell these ETFs to them. Now you have to find a beta hedge. What's the best way to find that beta hedge? Buy ES futures. This then causes SPY to open higher. Now, if your algo was fast enough, you could have front ran the FED by buying HYG and JNK (this is why their NAV is trading at a massive premium), but if you weren't, well you get desperate as you get picked off from being short credit, so now you have to buy ES, SPY, and anything else you can. You might have to then buy SPX/SPY puts with it since you then have to protect your now new ES/SPY longs (which you didn't actually want to buy but were "forced" to buy),, which is why VIX hasn't dropped that much relative to how much SPY has gone up. It's all an algorithmically driven market.
This is why the entire market, on BOTH the down move and the now up move, has decoupled from the economy. So no, you guys may think people are FOMOing in. That's not true. Most investors aren't FOMOing in right now. The algos have just gone out of control on both the down and up moves and it's all technical.
Correlation (with other assets like credit and bonds), positioning (short squeeze and forced liquidations), option gamma (short gamma makes moves bigger), and short term stat arb strategies dominate the market short term. Retail and even big firms like Blackrock or Berkshire do not. Fundamentals win out long term. It may be months for SPY, and it is years for individual companies. No short term movement is ever controlled for by actual people wanting to put on a position.
As I said a month ago when we were selling off, if Citadel and Renaissance Technologies wanted to hold up the entire market for a day, they easily could. They may not want to if it's not in their favor, but they easily could. Two firms. That's enough. That about sums up this market. (EDIT: this part may have been extremely confusing due to my bad wording, but if you read some of the posts below with like me, MasterCookSwag, and ArseneWankerer, I try to clear up my meaning)
Another interesting and true fact? If options trading was ELIMINATED, the market would NEVER have sold off to 220 and it would have never skyrocketed back to almost 280 now. You may ask it's the same fundamentals right? Yes it is, the fundamentals of the economy and virus are the same, but elimiate options, and actually the entire market changes.
Finally, to add one more thing, if this wasn't clear, there needs to be a catalyst for the first wave of selling and buying, but everything after that is purely technical. For example, the catalysts would have been the virus and the oil shock in the wave of selling. The catalyst would have been the Fed in the wave of buying. However, the catalyst in itself shouldn't have produced a very large move. For example, imagine we go from 290 -> 270 as an example. The catalyst, if only traded by itself, should have moved it from 290 -> 285. However, the algos, with all the technical details I described above, then moves it from 285 -> 270. This is what I call "forced selling" or "fake selling," and I've alluded to this in my other posts. There is also "fake buying" in the reverse. However, "fake selling" is usually more powerful because on average people leverage up to be more bullish than bearish in an average market environment. So yes, the initial catalyst is important, but it's not the reason for the majority of short term moves.
I worked in the industry so I know this. You can call it a dirty secret, but hopefully if you see some actual statistics (see the above link on Twitter), you'll understand too. Fundamentals eventually will win longer term, but you know that saying about how the market can stay irrational before you stay solvent, well that's literally true because the market is algo driven. And as we progress into a state of better technology and even more options volume (think about how many people just recently started trading options) and other assets, this will be more and more true. One of these days, which could be like in 20+ years, if some black swan catalyst happens in conjunction with all of these technical factors I mentioned, you literally can see a 20% triple circuit breaker day immediately and like 90%+ of that drop would be all technical.
I'll try to answer any questions to the best of my ability.
EDIT: So for the people who are pointing out I don't understand what a MM is, let's do a easier example with NFL betting lines. Vegas acts like a MM in this regard. When an NFL line closes, is it 50/50 on both sides of the line? Nope. Vegas is still subject to risk. That's why sometimes they win or lose a lot of money depending on the outcome of an event, even though they are a "MM" too. Yes, Vegas will adjust a line based on some order flow, but it has their OWN MODELS TOO to determine what is fair, so they will adjust accordingly to the toxicity of the order flow. They will not just completely change their line so much so simply based pure order flow to keep on capturing 50/50. If you really think an options MM for example goes home every night flat every Greek, you are kidding yourself.
The point I was making above is a firm such as Citadel does so much volume that they have a huge impact on the market, whereas if you take them out of the market for say a month, the entire market microstructure changes in options and equities. Notice in my original post, I clearly said that these firms may not actually want to do this in their favor, but I am using them as an example saying they do so much volume they can IF they wanted to (in options you are more likely to do so than equities). I was emphasizing this point to show you guys how algos play such a large role in the market. It's similar to Vegas when they act as a MM to betting lines. They control the betting line at the end of the day. They aren't always 50/50 on both sides with no risk. Of course, Citadel and SIG in options will adjust their vol curves based on some order flow, but at the end of the day, they control most of the options vol pricing, which indirectly also affects equities in a big way when we have massive short gamma moves.
Similarily, apply it to sports betting. Let's say we shut down Vegas for a month and let only DraftKings price all the betting lines. I bet you the lines would be different and the volume would be different. Would they be completely different (like a -3 to a +3 line)? No, it wouldn't be that extreme, but it would be different and volume would be different and reaction to order flow would be different. Just think about it like this and apply it to trading.
EDIT2: this was also my post like ~3 weeks ago when we were like ~230. Too bad investing deleted my context of my post (since it relates to a lot of what I said below), but you can still see my title and my comments, so you know what I was calling. Yea sure, you can say I got lucky, but I wasn't wrong.
https://www.reddit.com/investing/comments/fjtkzh/we_are_very_close_to_the_bottom/
Addressing the above link, it's the type of logic that I am using in my below posts to probabilistically call bottoms like this. I'm never 100% sure (it's impossible to even be like 70%+ sure imo), but if you put some of this together (like when does the forced selling for the risk/liquidty algos stop?), you can actually call bottoms a bit easier than just winging it 50/50. Notice that this also coincided with March options expirations, as I mention, options are a big part. It also conincided with Jay Powell saying he's going to "alleviate the risks" (this is the forced selling from algos risk) he sees in the repo and now credit market.
EDIT3: u/brokegambler posted this, if you want a real professional talking about it https://www.realvision.com/market-makers-and-coronavirus-the-mechanics-of-a-market-sell-off?utm_source=contributor&utm_medium=referral&utm_campaign=43900_HK_GH_CONT_W1_LINK
EDIT4: ok last edit but https://www.investopedia.com/terms/p/pinningthestrike.asp is just a quick example of one phenomenon that happens due to options and market makers. There's not going to be many articles you can find online on about what I'm talking about, but this pinning the strike phenomenon is a well-observed effect that's actually writen about of what market makers can do in terms of controlling price action due to their risk. Interestingly, what we have in our case the last month is the opposite of this in which rather than strikes getting pinned, strikes get blown through to cause the huge moves (since we've been in short gamma the last month). The article isn't super detailed, but can give you a general idea of one effect.
EDIT5: sorry I'll add one last edit...I do realize maybe my wording was not the greatest in my post, and after reading it again, it does sound a bit "forceful" at times, so I apologize for that. This was meant to be more informative, but please don't take it as I am trying to force any one opinion on anyone. Apologize for that!
submitted by Randomness898 to investing [link] [comments]

I strongly recommend that you not cuck yourself by betting against Zillow $Z $ZG

OK you autistic fucks, let's gather around and hash this Zillow bullshit out once and for all. I have been employed as a data scientist at Zillow in Seattle for several years (and still am currently)...using an old throwaway here for obvious reasons. We're gonna start with why Zillow got into iBuying, bounce off why neither iBuying nor Corona is not even going to come CLOSE to killing us, and finish with why you should probably buy some fucking LEAPs.
(This post is in response to some recent grade-A retard bullshit going around this sub about Zillow, namely: https://old.reddit.com/wallstreetbets/comments/gdbzyn/home_sales_to_fall_up_to_60/ and https://old.reddit.com/wallstreetbets/comments/gdkvqf/dd_from_5254_zillow_next_leg_down_oil_reminde)
WHY ZILLOW OFFERS
Everybody wants to be so quick to act as smart as fucking Jim Cramer and bash us for getting into iBuying a few years ago. "Oh you are a media company, why are you trying to fuck with physical assets." Anyone who said this is a moron who was not capable at seeing the writing on the wall regarding our "media" business. In short, it was plateauing, and we knew it. There is a hard ceiling for what agents are willing to pay for a lead, and when you multiply how many "online" agents there are by how many transactions they do per year, a fucking 6 year old could calculate what our topline revenue was going to cap out at. We did that calculation about 4 fucking years ago, and we were like "hey maybe we should do something else before our growth fucking goes to zero and everyone gives up on us as a tech company". In this scenario, iBuying is a natural evolutionary step for us to open up revenue growth.
Importantly, it gives us access to a revenue stream up the experience and competency curve for home buyers. The vast majority of our ad revenue comes from connecting first-time home buyers to the first agent they have ever worked with. Once they develop that relationship, they are highly likely to use that agent again without us being able to trim another slice of revenue off. So we needed to get access to repeat buyers, and through the selling process is the best way. I will come back to how this is important later, but having something on your website to engage with repeat buyers is the key here to unlocking Zillow 2.0.
WHY THE CORONA SHUTDOWN AND FALLING HOME VALUES OF ZO-OWNED HOMES IS NOT GOING TO KILL US
ZO is financially engineered to be impossible to kill our parent company (Zillow Group). I know amped242424, Matth3wlim, and expander2 think they are the HOT SHIT for having the 3rd-grade-level ability to read the "Total Liabilities" line on a balance sheet, but they obviously know nothing about real financing for a competent company. If you are having trouble wrapping your brain about how this works, why don't you fucking start by googling "nonrecourse debt" and come back to the table when you understand. Basically, the loans that we took out for these properties are contained inside special-purpose financing vehicles that are tied ONLY to the underlying homes. If we wake up tomorrow and decided that holding all these properties was going to fuck us, we could walk away from every single home we own and tell our creditors to shove those houses up their collective assholes. These facilities were designed this way ON FUCKING PURPOSE FOR EXACTLY THIS KIND OF FUCKING DOOMSDAY SCENARIO because we have a wicked smaht group of finance people and executives.
We also have a gigantic pile of cash that we are sitting on, mostly from a set of financing that our previous CEO (rockstar Spencer "S-Money" Rascoff) got nailed down right before we put ZO into hyperdrive. This cash came from a combination of selling new stock and new convertible bonds. Most of you fucking autists are only capable of comprehending dumbassery like you see over at $TSLA, so you see convertible bond and you think "well if the stock isn't >420.69 the bond holders will just demand the money back instead" but you would be so so so fucking wrong. Unlike every other death-cult-tech-company bond out there, this conversion is at OUR option, not the note holders. So if we blow all our cash on hookers before the note comes due, we just run the Xerox machine for a couple hours and hand out some newly minted common shares. Again, all this information is available to you if you fucking read our SEC filings and investor reports instead of just skimming the Company Statistics page on Yahoo Finance.
So we had to pause buying ZO houses for the 'Rona...who gives a fuck? Unlike oPenDoOr and oFFerPad, we have a cash-flow-positive media business that is continuing to hum along quite nicely in the background. We aren't slaves to the VC cycle where if you haven't shown 100% revenue growth in 18 months, you can't raise your next round, and are fucked because you aren't cash flow positive. (And lets be absolutely crystal clear...nobody gives a FUCK if you are profitable or not...CASH IS KING and if you are cash flow positive as a tech company then you never have to raise another round of financing ever again..........OD and OP are not cash flow postive: get shrecked assholes, and your investors with you. Especially Keith Rabois. Fuck that guy.)
WHY ZO IS GOING TO TAKE Z/ZG FROM ~40/share TO THE FUCKING MOON
I told you I would come back to why ZO is important: for its ability to engage repeat buyers. So lets fucking go.
For a home owner who wants to buy another house, selling a home FUCKING SUCKS ASS, and experienced sellers know this. ESPECIALLY when you have to sell your starter home to a first time buyer; I cannot stress enough how much of a PAIN IN THE FUCKING ASS it is to sell a house to a fucking first time home buyer. They are LITERALLY THE FUCKING WORST PEOPLE IN THE UNIVERSE, wanting everything in the world on this starter house to be spic and span. Like, fucking learn to repaint a room, you fucking children. Let me summarize a typical ZO customer: "This house is worth 100k more than I paid for it...I think I would give up 20k of that to not have to deal with the WHINY ASS CHILDREN [and their shitty agents...who are always 55+ Karens with fucking Comic Sans in their email signature and who STILL haven't figured out how to use e-signature software yet, it's fucking 2020 bitch, get with it] who want to buy it." So we have someone who has significant motivation to sell asking us what the zero-hassle selling price is for their house. I am sure that even among the special group of retards we have assembled here, it will not surprise you to learn than >90% of people who initially press the sell to Zillow button on our site see our renovation-adjusted lowball offer and tell us to fuck off. HOWEVER, we have now had an opportunity (which is a parallel part of the ZO evaluation process) to have a conventional real estate agent present a comparative market analysis to this highly motivated seller, and this agent has already agreed to pay us a significant referral fee if the seller ends up listing and selling in the open market instead. If you are not educated on the real estate industry (LOL of course you aren't you fucking retard, you are 5 paragraphs deep in some rando's post on WSB) then you don't know how much that lead is worth...so I'll tell you. On a 200k house, an industry standard value for a consummated seller lead is ~$2k. (We do not charge even CLOSE to this yet, b/c ZO is still under construction.) Keep in mind that we have had to do almost NO WORK to get this lead into our funnel. Unlike Opendoor or Offerpad or PimpMyHouseUP or whatever flashy VC-funded iBuyer is in vogue this week--who has to spend GOBS AND GOBS of money on broad spectrum media to get sellers on their site and into their funnel--Zillow has FUCKING TENS OF MILLIONS OF HOME-OWNING VISITORS A MONTH on our site already, because we have already built a monster consumer media machine. So eventually we can pass off that seller lead WHICH WE PAID NOTHING FOR to an agent for several thousand dollars in pure ">90% gross margin like only a Software Company can do" fashion.
But wait, what if Susan (the seller) really wants out now, and is willing to pay a fee (usually the difference nets out to 300 basis points of her home value, $400k house this is ~$12k) for a service (not having to deal with any listing shenanigans, she picks a closing date and we show up with cash) so that she move on with her life and into her new house? Remember, these are REPEAT home BUYERS...they have to go somewhere after they sell. Then ZO is there, with certainty and cash. And (and this is the BIG and, the ABSOLUTE biggest of ands, the FUCKING AND YOU HAVE BEEN WAITING FOR) we are right there with ASSOCIATED HOME AND MOVING RELATED SERVICES LIKE A MORTGAGE.
DID YOU FORGET THAT ZILLOW BOUGHT A MORTGAGE COMPANY? Of course, you fucking never knew in the first place, because you never actually read any of our SEC filings, we established that earlier. It has definitely taken longer than we anticipated to modernize, but eventually we will be offering best-in-class incentives to use our mortgages and associated services, which will allow us to capture HUNDREDS OF ADDITIONAL BASIS POINTS per loan from sellers who want us to streamline the whole transaction for them. "Oh if I sell to ZO and use a Zillow Mortgage to buy my next house, they will give me $4k in credits to closing costs? And I never have to deal with a buyer ever? DONE."
And we get to do all of the above without building out any significant new ad spend or marketing funnels, just by ADDING A BUTTON TO OUR WEBSITE. I mean, the button has to WORK, for like a couple thousand people a month, but that's just an implementation detail. ZO is going to unlock growth that is orders of magnitude larger than our current "media business" and allow us to get our fingers into all kinds of valuable parts of the transaction that we didn't have access to before.
So, TL:DR: Zillow's core ad business was almost at its wits end. Getting into iBuying was inevitable. ZO debt is non-recourse and even crashing home prices due to the 'Rona cannot kill us. If we don't die, we win, because we now will engulf seller leads and moving-related services in the parts of the industry that we did not have access to before.
As a Zillow Group employee, I am prohibited from trading options, or transacting our stock outside of quarterly vesting windows. However, I do have the opportunity every year of receiving my incentive grant of Zillow shares in options instead of RSUs. And as of this year, I am now the proud holder of what are essentially Z $48c jan'2030 options, at 3x my normal allotment of shares. So make your own decisions, but I would not recommend betting against us.
submitted by TilltheGrassBison to wallstreetbets [link] [comments]

My Analysis of Snapchat (NYSE: SNAP) - a long term bet on innovation

Hey everyone, here is my take on SNAP (NYSE). Pls let me know your thoughts (supporting/ conflicting) etc. or if there's anything else I need to cover. This is just my opinion of the stock and I could definitely go into way more detail...


🔥 Investment Thesis

  1. Snapchat has the potential to become the first Western Super App
  2. Snapchat is a bet on innovation, and that innovation wins in the end
  3. Snapchat is leading the way with augmented reality and is a long-term hardware play

(1) Snapchat has the potential to become the first Western SuperApp

(2) Snapchat is the most innovative social media company

(3) Snapchat is leading the charge with Augmented Reality and is a long-term hardware play

👎Risks

No investment is without risks.

Current valuation

Conclusion

🔗Links and resources

submitted by chadlad101 to wallstreetbets [link] [comments]

Metrix Coin - The Fundamentals Gem

Welcome all,
Let me tell you a story about a project that has some of the best fundamentals in this crypto space with very little recognition.
The project we will discuss today is Metrix Coin

History of Innovative Product Development

Metrixcoin’s head developer is David Grunge who, with a team of developers, created mystakingwallet (MSW).
Mystakingwallet was the very first mobile staking wallet and it was also the first to be available on the Google Play and Apple stores for purchase. It allows people to stake and perform coin control straight from their mobile devices. MSW is non-custodial and users are the only ones with access to their wallet’s private keys as they are all hosted on virtual private servers. Additionally, the app allows users to turn their mobile devices into masternode-ready devices with the click of a button, simplifying the process of masternode creation and making it more accessible to people. They went on to create partnerships with over a dozen other projects that harbor staking and masternode capabilities to take advantage of the one-click, turnkey masternode solutions.

Grudge Match Gaming (GMG)

GMG is an online gaming platform where users can compete against one another for Metrixcoin (MRX). There are no online gaming platforms that I am aware of that allow people to wager cryptocurrency on who is playing the game and also bet in a match against other players. It features many of the top games, and will continue to add new releases as they come out. Competitive Esports is a rapidly growing industry and has the potential, with the right execution, to become very popular. Whilst GMG is currently in beta testing phase, the team is currently working on a new partnership with BA Consult as outlined below.

Partnership with BA Consult

Metrix has recently partnered with BA Consult, an IT and systems integration company using their Cashinow machines. Their core business is automated payment management systems and are operating nationally throughout Italy. Some of their customers include casinos, large retailers, public transit systems like Trenitalia, and much more.
BA Consult is looking to implement blockchain as a scalable solution for their business clients. They have selected Metrixcoin. The current plan is to use API integration to allow clients to market buy and sell Metrixcoin when needed. Customers and players will be rewarded for using Metrixcoin instead of Euros with each application.
The proposed plan is that consumers (i.e. people in the grocery store buying milk) will provide payments as either cash or credit card for purchase and will have the option to pay using conventional methods of payment or MRX. If they choose to pay with MRX, they participate in a Loyalty Program where they may either benefit from reward points or a discount. The grocery store may then choose to hold their MRX in a wallet, or may choose to sell at market price instantly through the payment system. Clients that hold Metrixcoin may benefit from staking rewards at 10% interest annually, and other perks that have not been released to the public yet.
Another example would be at the casino - using MRX instead of Euros would lead to reward points similar to existing reward structures for casino players. Alternatively, they may offer 5 bonus games for free or vouchers if they select MRX for payment. The players do not need to have any existing knowledge of cryptocurrency. Everything is handled by BA Consult and their business clients.

Upcoming Hard Fork

For all of this to become a reality, Metrix has an upcoming hard fork which will decrease staking rewards significantly (down to 10% initially) and will also allow for Governance. A Governor must hold 7.5 M of MRX to have voting privileges. Essentially, anyone can submit a proposal to the Governors for a fee, and the Governors will vote to determine whether or not a proposal would pass.
The new chain will also facilitate up to 10,000 transactions per second, and will have extremely low fees (roughly 2 MRX per standard transaction) which, in today’s prices, is roughly 0.000512 USD. It also features both UTXO and EVM functionality which gives Metrixcoin more flexibility to be able to create smart-contracts and deploy dApps or MRC20 tokens.
The team has already started development on ledger apps and chrome extensions to facilitate holding MRX on hardware wallets. They are also looking to implement offline staking which would require delegation of coins to an online node. Users could delegate and get rewards without needing to be active on the network and be accomplished in a secure way.
This Medium post outlines some of the changes (there have been some further changes to specific numbers, but this summarizes the main points very well) - https://medium.com/@Metrix/metrix-2020-new-direction-7ef7d2e9932b

Recent Increased Activity and Renewed Enthusiasm

Recently, Metrix has seen a significant increase in activity and enthusiasm surrounding the project. With the addition of Trent now on-board & in charge of business development & partnerships, things have been moving quickly and the project has been gaining traction on its current exchanges. (with up to 4 more planned to list Metrixcoin). With this new exciting partnership, Metrix will have a significant use case and a strong potential for exponential growth and adoption.
Thank you for taking the time to review the background about this project, please leave your comments below!
Coin Statistics
Price - $0.000256 (2.5 sats) Market Cap - $4,478,953 USD Supply - 17,521,976,984 / 30,000,000,000 Current ROI - 50% (New chain 10%) Discord - 3,486 members Twitter - 16.6k follower Block Time - 90 Seconds (current)
Sources
https://www.metrixcoin.com/ https://twitter.com/MetrixCoin https://mystakingwallet.com/ discord.gg/xvRDGcz https://coinmarketcap.com/currencies/metrix-coin/ https://github.com/TheLindaProjectInc/Metrix https://grudgematchgaming.com/account/login https://twitter.com/BAconsultsrl https://twitter.com/SecurSafehttps://bitcointalk.org/index.php?topic=5096898.0
Exchanges
https://version2.altilly.com/market/MRX_BTC https://crex24.com/exchange/MRX-BTC
submitted by Luca_360 to CryptoMoonShots [link] [comments]

Sports streaming group DAZN seeks cash to help secure future

inserts Kawhi Leonard-style laugh
Article below taken from FT online:
Online sports group DAZN is racing to secure its financial future, with billionaire owner Len Blavatnik exploring options to raise money for a business hard hit by the pandemic.
The London-based company has in recent years spent billions of dollars for the rights to live sporting events, including European football matches and high-profile boxing contests. This was to help build a subscription streaming service dubbed the “Netflix of Sports”.
The global suspension of sports fixtures during the pandemic has seen some subscribers pause monthly payments. DAZN has also sought to defer payments it owes to sports leagues, citing the lack of live action.
Mr Blavatnik is exploring ways to inject new money into the lossmaking business, according to several people familiar with the talks, with the sale of an equity stake in the business the preferred option. However, an outright sale would also be considered, the people said.
Just two years ago, the company was valued at £3bn when it sold a 10 per cent stake to Japanese advertising giant Dentsu for £300m. People familiar with its business said it is currently unlikely to reach a similar valuation.
Research group Enders Analysis has estimated DAZN’s financial commitments on securing sports rights total at least £3.7bn.
In recent weeks, the group has approached big media companies over a potential investment, including John Malone’s Liberty Global, but as yet has received little interest in a deal, according to people familiar with the talks.
The company has sought to challenge established sports broadcasters, from ESPN in the US and Sky in Europe. Among DAZN’s biggest deals are the domestic screening rights for the Bundesliga, Germany’s top-flight football league, and Serie A, Italy’s equivalent. It also has contracts with the promoters behind boxers such as Britain’s Anthony Joshua and Mexico’s Saul ‘Canelo’ Alvarez.
But the sporting world has proved to be one of the industries hardest hit by efforts to contain the virus, leading to a crisis at the company.
“[This] is the biggest disaster to hit the sports world in 75 years and the biggest challenge our business has ever faced,” Simon Denyer, DAZN’s chief executive, wrote in an email to staff in April.
Mr Blavatnik’s Access Industries fully acquired UK-based Perform Group in 2014, an umbrella organisation for a number of businesses, including sports betting services and the Opta statistics group. In 2018, Perform group was rebranded as DAZN group.
In 2019, DAZN Group sold its Perform division to US fund Vista Equity Partners.
The sale of the Perform content business to Vista, which owns Stats, a rival sports statistics group, was seen as an effort to focus on the DAZN sports streaming service but also allowed Mr Blavatnik to recoup some of the money he had invested in the business.
The group hired Goldman Sachs last year, seeking to raise $500m, according to people familiar with the terms, but paused that effort at the start of the pandemic.
“They are at a crossroads as a business,” said a leading executive at a rival broadcast group said. “If it succeeds, it’ll be a great story. If it fails, then it’ll be a story of a trying to disrupt the [sports broadcasting] industry too soon.”
DAZN and Access Industries declined to comment.
submitted by jonnysion to dazn_ca [link] [comments]

In-Depth $FRSX DD - Goes Through Everything

This was the most picked stock that you wanted DD on so here it is.
Bagholders, this is for you.
TL;DR at the end.



Catalysts:

https://finance.yahoo.com/news/foresight-enable-mass-screening-detection-111500924.html
FRSX filed a patent for fast and accurate detection of Covid-19 symptoms.

They announced a start in developing a mass screening solution for Covid-19 symptoms. The solution is based on visible-light and thermal cameras.

The company has been using FLIR thermal cameras and advanced algorithms for detection.

This new solution is more accurate and will potentially eliminate false-positive results.

The need for accurate touch-free mass screening is in very high demand all across the world and FRSX is one of the top leaders in Covid-19 detection when their new mass screening solution is made, there is potential for huge profits from potentially the U.S. Government who have recently called off Federal Screenings which will most likely be started up again due to cases spiking.


https://www.sec.gov/Archives/edgadata/1691221/000121390020015737/ea123404ex99-1_foresigh.htm
https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
FRSX announced the appointment of executive Alain Charlois as Vice President of Strategic Partnerships.
Charlois will be responsible for new business opportunities and potential partners in ADAS and autonomous driving markets in North America and Europe.

He has very extensive experience in commercializing businesses in the automotive market. Currently, he is holding leadership and business development positions in international companies such as ZF-TRW Automotive and other startups.

"Foresight’s unique vision technology has the potential to revolutionize automotive safety" said Haim Siboni, Foresight’s CEO.

Here's what the company says about Charlois:
Mr. Charlois’s unique skills and extensive industry relationships will allow us to generate additional interest in our offerings, help us identify and connect with potential corporate partners, and expand our presence in the ADAS and autonomous vehicles markets.

Charlois could be a major figure of the company and the leader of innovation in it. Expect lots of improvements to the company from him.

FRSXs technology is potentially revolutionary, of course, that is a buzz word though.


https://finance.yahoo.com/news/foresight-regains-compliance-nasdaq-minimum-120000528.html
Very recently, FRSX has regained NASDAQ compliance.

Compliance is very important for the stock price, NASDAQ compliance opens the potential for more investors and institutions to buy shares of the company.


Financials:
https://finance.yahoo.com/quote/FRSX/financials/
Surprisingly they don't have 10Q SEC forms so this is based on Yahoo Finance.
These are based on Q1 results.

Total Revenue:
- Operating revenue of $0 as compared with $0 last quarter

Operating Expenses:
- General And Administrative costs of $660,000 as compared with $803,000 last quarter.
- Salaries And Wages cost unreported.
- Selling And Marketing costs of $433,000 as compared with $266,000 last quarter.
- Research And Development costs of $2.341M as compared with $3.203M last quarter.
- Interest Income Non-Operating cost of $131,000 as compared with $235,000 last quarter.
- Other Income Expenses of $746,000 as compared with $395,000 last quarter.
Total net loss of $4.049M before tax as compared with $4.370M before tax last quarter.

Balance Sheet:
- Assets value of $19.334M.
- Liabilities And Stockholders Equities value of $19.334M.

The financials are pretty bad, the expenses are basically the same as last quarter but they haven't reported any income so it's counted as $0.



Fundamentals:

https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
Here's a description of the company:
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry.
Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" cellular-based applications.

Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion.
Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.

The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.


https://finance.yahoo.com/quote/FRSX/profile?p=FRSX
The companies address:
Weizmann Science Park7 Golda Meir StreetNess Ziona 7403650Israel972 7 770 9030http://www.foresightauto.com

They have 61 full-time employees



Technicals:

Stock Info:
https://finance.yahoo.com/quote/FRSX/key-statistics/
- Usual volume of 4.01M, this is a good volume for a penny stock and allows for easy buying and selling of the stock. This also ensures that there will be movement in the stock.
- Float of 21.54M, this is the usual float for a stock of this price. The stock price is fairly easy to move which allows for the stock to rise fast but also has potential for the stock to drop fast.
- Short % of shares outstanding is 1.02%, this a very low short % which is good, the less a stock is shorted the fewer people betting on the stock falling. This also shows that the holders of the stock are confident since most people are buying long.
- Insiders hold 0.00% of the stock float, this is both good and bad.
- Institutions hold 1.84% of the stock float, this isn't that good since institutions heavily invest in companies they value as profitable.

Indicators:

Moving Averages:
- Candles are above 5 SMA, buy rating
- Candles are above 10 SMA, buy rating
- Candles are above 20 SMA, buy rating
- Candles are above 30 SMA, buy rating
- Candles are above 50 SMA, buy rating
- Candles are above 100 SMA, buy rating
- Candles are above 200 SMA, buy rating
- Candles are above VWAP, buy rating
- Candles are below HMA, sell rating
This gives FRSX a strong buy rating based on MA


Oscillators:
- Stock is neutral on RSI, hold rating
- Candles are neutral on S%K, hold rating
- Candles are below CCI, sell rating
- Candles are neutral on ADI, hold rating
- Candles are above AO, buy rating
- Stock is below Momentum, sell rating
- Stock has positive MACD levels, buy rating
- Stock is below SRI, sell rating
- Stock is neutral on WPR, hold rating
- Stock is neutral on BBP, hold rating
- Stock is neutral on UO, hold rating
This gives FRSX a sell rating based on Oscillators

FRSX has a buy rating based on indicators.


Support And Resistance:
- Support of $1.24
- Resistance of $1.95



Due to the recent fall in futures, I would stay away from buying any stock right now. Other than that here is the TL;DR


TL;DR: FRSX has massive plans for mass Covid-19 screeners. Their patent approving and in development screener will potentially eliminate false positives and have improved accuracy while also being a contact-free screener.

There is potential for an FRSX and FLIR merger since FRSX is developing Covid-19 scanners while FLIR supplies them with the thermal technologies.
The merger is just my speculation, nothing is confirmed.

Recently, Federal Covid-19 Testing has been stopped, this most likely will be turned on again since cases are spiking. There is potential for the U.S. Government to use FRSXs in development technology.

The company's financials are absolute dogshit but there is a possibility of them getting better if they gain a lot of profit from their screener sale which is still in development.

The company's headquarters are in Israel which isn't really good since it's easier to find clients when your business is mainly located in the U.S.


TL;DR;DR: This is for the bag holders
I would hold on to the stock, for now, it is not a short term play.

- Buy point is right now.
- Instant buy point is once it breaks the $1.95 resistance with some buffer.

- Sell point is if the stock goes below the $1.24 support with some buffer.
- Instant sell point if the stock goes below 200 SMA.



This is not financial advice, I'm not a financial professional. Do not buy or sell the stock due to this DD.
I'm not responsible for any loss or missed out gains due to this DD.
I do not currently hold any positions of this stock

Please trade responsibly and take days off when your portfolio is falling, just relax.
submitted by Bogashi to u/Bogashi [link] [comments]

Video games are the future. ATVI DD inside.

Video games are the future. ATVI DD inside.
What's up fuckers. TSLA fuckboy here writing a post about video games. Go figure. I posted the link about Daddy Elon and legalizing weed last weekend, and got fucking temporarily banned for it because I flaired it with DD. It definitely wasn't DD. Learn from my mistake and don't fuck around with flairs or the mods. In my defense, I have ADHD, was high af, and am likely retarded. I served my sentence, and am here to try to redeem myself with some real DD on Activison-Blizzard (ATVI). I actually wrote this a few days ago when ATVI was $68 (proof attached), but couldn't post it until now. That's ok though, I committed a sin and you all have to pay the price by getting this DD 4 days late (love you mods). Don't fret though (like the market this morning wtf), there is still time for tendies.
I'm long ATVI. They are going to steadily rise for the next 5-10 years. In the paragraphs below, you'll learn why. To be fair, I bought puts on BYND when it was trading at $70 in April, so, I'm pretty fucking smart. Do your due diligence (or fucking don’t, whatever). Obligatory this is not financial advice.
Pictures, positions and TL;DR at the bottom for those of you that don’t know how to read (and let’s be honest, most of you don’t know how to read. Most of you need crayons to eat while you look at pictures. Lookin at you 220p SPY bag holders lmao.) That or you have the attention span of the stock market in March. Either way, enjoy!

Long-Term thoughts

You know that saying, the one that rich-fucks who inherited a bunch of money from their crazy aunt (they've never even met this Aunt obviously) say, “You gotta make your money work for you or you'll never be rich!” Yeah, well fuck those people. I got one better. I make ogres and trolls and wizards and guns (oh my) do the work for me, and it turns out they work really fucking hard, 24/7/365.
Activison-Blizzard is one of the biggest powerhouses of the video game industry and I think they have a tremendous opportunity for growth in the long term. They are also recession/virus/pandemic/protest proof. And in reality, most of these things actually make ATVI more attractive.
Can’t go outside because there's a fucking curfew (we have to be in a simulation), or your downtown is literally on fire from a protest and there’s a deadly virus just hanging out on every corner trying to murder your grandma? Cool. You don’t give a fuck because you’re sitting in your Lovesac (just fucking don't), playing COD while eating your BYND meat fake burger with a non-gmo, organic, gluten-free lettuce wrap with a 42oz Monster at 3 am. Why face reality when video games are so much more fun, AND you don't have to put on pants. Also, the gov is literally handing out money to people on unemployment.
Put on your thinking cap and think really fucking hard for a second. Really hard. Do you think there's a correlation between people that are unemployed (and getting insane unemployment payments + stimulus + more stimulus at the end of July and are basically being ENCOURAGED TO STAY HOME), and the likelihood of that person playing video games? Hmm. FUCKING MAYBE.
Earnings - They make lots of money lol
They have crushed recent earnings (and most other earnings), and they have really fucking solid financials. Boatloads of cash on hand and relatively low debt. They have rock-solid management that has been there for years, and they are devoted to the company. Here's some great info on how they make money.
Also, most importantly, u/fuzzyblankeet said "they are a great company" (proof attached) and that guy doesn't fuck around.
Current and upcoming games
  1. COD - (literally prints fucking money every single release) and the new free-to-play Warzone mode has been insane, taking tons of market share from Fortnite and PUBG. They also have gotten tremendous traction with their COD Mobile game. They will also obviously announce a new COD for the next-gen consoles coming from Microsoft and Sony, Holiday 2020. This holiday season will unquestionably be the most gigantic video game fiesta the world has ever seen, and COD will be the Fucking King. Mark my words.
  2. Overwatch 2 - No date announced yet, but you can bet your allowance (that your wife's boyfriend gives you) that they're gonna try and get it out during the Holiday season. I bet it sells 45-55 million copies, on top of all the micro-transactions, similar to its predecessor).
  3. Diablo 4 and Diablo Immortal - Diablo's fan base are addicts. Blizzard killed it with Diablo 3, and many people expect these 2 new games to be even more epic. One of them being a console game similar to Diablo 3 (for next-gen consoles obviously), and the other being a free-to-play (micro.fucking.transaction'$) game made for iPhone/Android (lol losers). Much smaller fan base than COD/Overwatch, but still, 10's of millions is pretty massive.
  4. WoW - Not what it used to be, but still has a large player base of millions. They are releasing another new expansion this year and the revitalization of its classic Wow has been a hit.
  5. Hearthstone - More than 100 million people have played the game as of 2018 (most recent data I could find). I'd guess that with their new Battlegrounds Mode, in addition to multiple yearly expansions, this game will continue pulling in significant revenue for years to come, especially if they find ways to invent new game modes that bring old players back.
  6. Starcraft - Although this area of the business doesn't make them much money right now, I think it's safe to say that the Starcraft Universe still carries a lot of weight in a lot of gamers' minds. I wouldn't be surprised if we see a Starcraft 4 or some mobile variation of it in the next 3 years, and I think that it would do excellent.
  7. Hero's of the Storm - The game is still played, but is definitely one of the smallest revenue generators for them.
  8. Revitalizing Spyro and Crash Bandicoot - Although there is no real news on theses getting re-vamped, ATVI thinks of them as a flagship brand. I bet they sell a shit load of copies each on console if they go that route, especially the Nintendo Switch (which happens to be in the hands of 55 million people).
  9. Tony Hawk's Pro Skater 1+2 Remaster - Yeah, they are remastering this shit. You remember how badass these games were back in the day. Set to release Sept, 2020. I actually think this might be a surprise revenue generator. It'll sell 25-35 million copies.
  10. King Digital Entertainment - ATVI bought them for around 6 billion a few years back, and it's pretty clear that this was a wise purchase. Their suite of current games and upcoming games/expansions should continue to print money and at a good margin. They are a dominat player in the mobile space, and could leverage those users to try other games from ATVI (Diablo Immortal)
  11. Tv show - Pretty strong rumors that Blizzard is working on a few TV shows based on their Diablo and Overwatch worlds. Animated TV shows are growing in popularity, even for adults. Both of these shows will attract ALL blizzard fans (100's of millions around the world), and lots of new people too, as I'm sure they'll make it easy enough to digest for someone who doesn't know the game/universes already. This could also bring brand new people into the Blizziverse. And I'm sure Netflix/HBO Max/Apple TV would be happy to pay a pretty penny for rights to it.

E-Sports - The Future of 'sports' entertainment

E-Sports will largely replace real sports in our lifetime, and we’re just now really getting started. Disagree? Great, I don’t give a fuck. Go ask any 10 year-old this question. “Hey little Johnny-Sue. Would you like to watch some sweaty dudes smash into each other for 3 hours, or would you rather watch your favorite team play in their respective competitive E-Sport league on Twitch?” 9/10 times, Lil-fuckin-Johnny-Sue gonna pick video games, and that's a fact.
Teams and Orgs
Esports are also BOOMING in colleges, with lots of colleges offering significant scholarships to come play video games for their school. Let me help you draw a mental picture. Concentrate.
Remember Lil-Fucking-Johnny-Sue from above? If he/she gets good enough at whatever game he/she is playing, they could get a full-ride scholarship to college, and then possibly get a job afterwards as a professional Esports athlete (and make more money then a CPA makes their first few years of working). THEN, when he/she gets too fucking old and slow to play the game (25-30 years old typically) they can become an analyst, caster, coach, manager, scout, etc etc. Maybe they become the next N0tail (highest paid Esports athlete to date) and make a cool 6.8 million a year. Imagine making 6 figures a year to play fucking video games and rekt n00bs on stage. Fuck I want that life so bad.
There are literally stadiums being filled with fans to watch people play video games, while another 100 million people watch from home. Esports organizations are becoming bigger and bigger. TSM is a major Esports organization in the US and they are building a $50 million facility in LA. More words on other organizations to help put things into perspective. While these facilities are clearly impressive, this is nothing compared to major sports facilities.
Here's my point. Is it reasonable to assume that these facilities/teams/Esports stadiums/orgs will continue to get bigger? And if they get bigger, they will demand more attention from celebrities/rich folk because they want to get in on the action. As a result, the salaries of players/managers/staff/coaches/analysts will continue to go up and there will be more and more opportunities for jobs in this field. This then causes more young people to be more interested in video games, because not only are they fun af (and insanely addictive), but you could play pro someday! Schools/colleges will continue to develop competitive Esports teams because A: You better fucking believe that there are lots of kids out there that care about this and B: The school knows that it could lead to jobs (more like a dream job, but still something that's reasonable to consider if you are really good at a video game).
Still disagree? More words for you to look at and not understand.
Blizzard Esports Revenue
There are competitive (money generating) Esports leagues for 7 different ATVI games. (Overwatch, Hearthstone, WoW, COD, COD Warzone, COD Mobile, Starcraft). Here are some thoughts from Pete Vlastelica (head of E-Sports at Blizzard).
E-Sports will be 10x in 10 years. Bet your bottom dollar on it.

Technicals - (kinda, but only 1 cause fuck TA)

Honestly, just fucking look at the 50-day moving average (image attached). They crashed and burned cause Rona (so did everything else you autist). But Rona has been canceled, and even if it hasn't, ATVI is gonna be better off because of it.
TL;DR - ATVI makes a lot of money and they are in a strong position to grow and make lots more fucking cash regardless of C19/protests/riots and they might actually do even better because of it. (3 -12 months = 80's) (12-24 months = 90's.)
Yolo 100c mid-2021.
EDIT: misspelled ATVI ticker one time in post and some autist called me out. Fixed. Also, fuck off.
https://preview.redd.it/8g6urh79oa451.png?width=2476&format=png&auto=webp&s=cfc5dc86d808439bbb5ff7612d2f40d86c0742e2
https://preview.redd.it/ry0jel79oa451.png?width=739&format=png&auto=webp&s=1f683884fc309d90803a24e3c32d1c626ef84cb0
https://preview.redd.it/qq32ek79oa451.png?width=596&format=png&auto=webp&s=11661a18e989e7fdf5fc94979f15fb64645d8907
submitted by tslatothemoon to wallstreetbets [link] [comments]

My Personal Market Research & Statistics in 2020: Countries That Gamble the Most

My Personal Market Research & Statistics in 2020: Countries That Gamble the Most
The gaming sphere is so different and immense that it is divided into many structures and substructures. For example, games can be divided according to their type, capabilities, gambling, devices, technology, etc. But what is more remarkable is the appearance of statistics in games, when you can see and understand many nuances with your own eyes. So, let's talk about gambling research and statistics in 2020.
Throughout its existence, gambling has been constantly subjected to various pressures from the law, states, and opponents of this activity. And the first step is to talk about the most important thing in the gaming industry, namely, legality.
There are several countries where gambling is allowed. This business is closely monitored by special authorities, subjecting the gambling activities of companies to various frameworks and rules. On the one hand, some laws can be very depressing, but compliance with them allows companies to legally and transparently offer their content to the consumer - and as a result of legality and licensing, the company ensures safety for the user and gains trust from him. There are also countries and their areas where games are partially allowed or have more severe rules.
https://preview.redd.it/k3c15lhb7eb51.jpg?width=625&format=pjpg&auto=webp&s=c5d00e3ca7c045288c9f4332079ec208a496814d
The main countries where you can gamble are:
  • Australia;
  • The United States;
  • Canada;
  • New Zealand;
  • The UK;
  • China (Macau).
But it is highly recommended to check the legality of gambling for money in your area, the rules and laws change quite often. Often online casinos have a separate page where you can check this.
https://preview.redd.it/bwky69rc7eb51.jpg?width=433&format=pjpg&auto=webp&s=11ab101087def28200b4ed2c4e31aa6992b395fe
The most popular gambling games in the world are casino games (mainly slot machines and roulette), sports betting (mainly horse racing), and poker. It's also easy to see the big difference between playing ages between the United States and the UK. In the first country, young people play more, as in the second, those who are over 55 years old. This may be due to many factors, at least mentality and freedom of choice. Note that the world's most famous gambling capital Macau wins in terms of income per visitor, and the biggest losers are in Australia.

Australia
More than 6.8 million Australians are considered to be players who play in the country - this is approximately 39% of the total population. Australian people love to play, most of them love to gamble on portable devices that they can take with them, such as a mobile phone or tablet.
78% of players are able-bodied adults 18 years of age or older, and the average playing age is 34. Women and men play equally in the same amount, that is, 50/50, although earlier women players were 4% less than men.
Australians play pokies mostly for fun, and some older people play to train their thinking and improve their brain function. Residents are not against betting and consider them very useful for the economy and development of the country.

USA
As you know, the most common place for gambling in the United States is Las Vegas, but do not forget about Atlantic City and the water casinos, which are legalized in Louisiana and Illinois. Online betting is available for almost all states. Almost 65% of the entire adult population of the country, one way or another, play games, mainly on their smartphones.
More than $ 80 billion is the total value of the gambling industry in the country. Most of the people who play are mostly in the 18 to 30 years old area. 15% of all residents of the country play at least once a week. Mostly preferences are for online casinos, but many players love old school and play in land-based casinos. Americans love big win and impressive jackpots, especially progressive ones, which can easily reach up to $ 20 million.
https://preview.redd.it/rscu153i7eb51.jpg?width=607&format=pjpg&auto=webp&s=876f3cac692bfc81e7d94dee194fa0b24d9e6bcf
UK
In the United Kingdom, more than 46% of the country's population gamble and at least several times a month. Players prefer different strategies for their pastime and use handheld devices, but there are also a large proportion of those who still prefer a computer for their gaming sessions.
The older generation plays more in the country. These are able-bodied adults who are 55 years old and older. Most likely this is due to a large amount of free time and the possession of significant finances, which can be easily used in online casinos. Players prefer online casinos 10 times more than in other countries, but there are still more than 250 land-based casinos in the country. To a large extent, the British know how to play to win significant sums. They use the strategy of maximum possible bets on the same game regularly.

Canada
More than half of the Canadian population gamble and their percentage is growing every year along with the development of online casinos and the availability of gaming content. The biggest number of residents of the country prefer casual games, they quickly learn how to play in various slots, which also increases the number of new players at lightning speed. Also, Canadians like to use different tips for choosing a game or strategy, for example, such as the one here https://freeslotshub.com/offline-slots/
78% of the country's online gamblers are male, and the average age hovers 35 and a half, although almost a decade ago, he was with the index 45 years. The legal age for gambling in Canada varies from province to province, some from 18 and others from 19. The average annual spending per average Canadian on betting is over $ 17 billion, and every year the figure is growing by about 5%.

Other Countries that Gamble
Various forms of the gambling industry are legal and regulated in many places: in the countries of the European Union, Asia, and countries around the Caribbean, but they have much stronger control and rules from the state.
  • 44% of Singaporeans aged 18 and overplay.
  • Almost every 9th German player.
  • More than 31.5 million visitors to Macau per year.
  • Spain registers about 3.9 million new players every year.
  • Japanese gamblers spend over $ 31 billion in casinos annually.
https://preview.redd.it/47fdp0te7eb51.jpg?width=436&format=pjpg&auto=webp&s=5452d58b2a724e846772b57458aa9019b3c530f2
World statistics easily show that approximately 26% of the world's population regularly gamble and more than 17% of them play online.
The gambling industry is growing and thriving, over time the income of companies that are involved in the gaming industry will grow at lightning speed. To some extent, the development of technologies provokes this growth, because experienced players have simple and convenient access to gaming content, and new ones have the opportunity to try content for free without any risk of losing real money.
submitted by Freeslotshub to u/Freeslotshub [link] [comments]

How To Liberal Arts In A Stem World: A Guide

INTRO
Hi all. I've been seeing a ton of talk about major choices and STEM and generally a ton of anxiety. I started out as, and still consider myself as, a die-hard Liberal Arts kid. Now I'm learning to adapt and pick up skills in the STEM world.
BACKGROUND
I came in as a Classics major, added History, then added Linguistics and Anthropology, dropping Classics. That's all freshman year (and it's *very* common to do this). Spent the summer between freshman/sophomore years doing research in History/Anthro abroad, and it was fun but not the absolute dream I thought it would be. I had heard about some opportunities in Computational Linguistics through an on-campus Linguistics conference, and now I'm aiming to work in Natural Language Processing. Dropped my other majors and just doing Linguistics and Computer Science, but truthfully don't need a major in CS to do what I'm doing. Luck guided me much of the way, but now I'm doing a technical internship in something I--a Liberal Arts kid--love.
TIPS
I bring this up because there's a distinction to make: no, you should not at all be ditching your major because you're worried about employment. However, you should make future-conscious decisions when scheduling classes, picking minors, and the like. Here's a few STEM-y things to try as an LA kid:
  1. Computational _________: Almost every humanities/social science department have a few "computational" researchers now. There's computational linguistics (my home), computational biology, computational sociology, and so on. These fields keep the spotlight on your favorite Liberal Arts subject, while teaching you skills that are both useful for studying what you love and useful for getting summer internships. Ask a professor to research in their lab, or about other opportunities to try computational *insert your major here*.
  2. Build Around Your Major: Like I said before, you do not have to compromise on your major. However, you can absolutely add a second major or even a minocertificate that both adds to your understanding of the field and yields some technical knowledge. Are you a total History buff? Try a GIS (Geographic Information Systems) certificate. An Applied Statistics minor can be incredibly useful to almost any major. Most importantly, you should try to frame yourself as a tech-fluent person.
  3. Identify Potential Jobs and Useful Skills: Take the time to learn about what other students in your major go on to do. A lot of Anthropology students go into UI/UX, which is an absolutely huge field now. A lot of Sociology and Political Science majors go into local government, where the valued skill sets are very different from industry. As you're getting through your first few years of college, it's good to see a couple of different paths forward for yourself. Check out the job listings, and think of ways you might "fill" the bullet points in the "Desirable Skills/Traits" section.
CLOSING THOUGHTS:
College is hard. You have to make it on your own for the first time ever really. You are ultimately responsible to yourself. This can sound terrifying, but it's also empowering. You really do have the opportunity to study what you love, all the while working towards market value for yourself. You can do it.
TLDR: Don't listen to people telling you to put down your dreams. Bet on yourself, then work hard and smart.
submitted by The_Tarasenkshow to ApplyingToCollege [link] [comments]

Lots of first-timers, my views on that

Hey All, this is just an opinion, not a bear or bulls one, yet I see this as still a bear market with a bull trap.
I have had the privilege to talk to a handful of CFOs over the last 2 years, I work in raising capital etc. I had a few friends as well, they all agree on one thing. When everyone is entering the market, people who know nothing about it, stay away.
Why you might say? The statistics of the average American joe cant live past two paycheques, now almost every other post is "I just invested my first 700 dollars or xx amount of money", now these people on average would have spent on retail consumer products etc, if we all are on the stock market, who is spending to get earnings?
secondary, joes with mortgages and debt payment, the payments are furloughed, what does that mean? Once they turn the magical switch of opening the states, lets say this opens in May, you are going to be paying your mortgage payments of March, April and May in the month of may, the shocker! You probably were laid off half march, in April and what companies are taking on instant liability by hiring their full staff back without a guarantee of income? so probably May and you are only given a stimulus cheque of 1200 that they also probably put in the stock market.
Bottom line, outside of politics, there is a reason why the senators who sold in Jan aren't buying the "dip". I read reports about this virus from the Washington Post, the medical industry is warning it DOESNT ONLY attack your lungs, but many other organs and while death is lower for younger people (LOWER NOT AVOIDABLE YOURE NOT IMMUNE ) they are more susceptible to stroke and GUESS WHAT, smoking jule and vaping sky rockets your chance, so GG everyone
You might say, why are you betting on a bear market, you will lose your job too and get***** ,
  1. I am not betting on anything right, this is a shit show I am just giving my best guess that might be completely wrong
  2. I work in the Civil Engineering industry and layoffs are massive, construction season starts April and we missed it, thus I won't find a job for a year and went on back to school for my masters since my industry is trashed for a bit,
  3. guess what other industry is trashed? Airlines, luxury, hotels, resorts etc. I saw MGM cancelled there may reservations and the stock went up 12% next thing they will declare massive losses and the possibility of bankruptcy and I am calling for a 200% stock increase lol
Just thoughts to munch on while having lunch.

UPDATE : Lots of first-timers downvoting this poster, this ain't to slash you down, this is just an opinion that will not affect the stock market outcome LOL
submitted by TGxRaspiestimpx to stocks [link] [comments]

Why I believe CLIS is a Secure (3-6) Month Investment - DraftKings - FanDuel & The Future of CLIS - DD

To start things off I will begin by saying - I haven't sold and I won't until June (10k invested @ 0.109)
8M in volume today - This stocks average volume (10 day) is *43.0k.*
A 52 Week High of 0.194 - which rose 284.57% today from a previous close 05/12/2020 at 0.035 -
I've seen speculation that CLIS is just another P&D, that the volume won't last and it's going nowhere.
I absolutely disagree.
https://finance.yahoo.com/news/clickstream-teams-infinixsoft-create-unique-123000426.htmlhttp://infinixsoft.com/ & their portfolio http://infinixsoft.com/#portfolio

Below is the new company branding- their website, announcing the launch of their new product in 18 days time - by June -(CLIS) ClickStream Corporation ( http://www.clickstream.technology/ ) is a data analytics company (formerly Mine Clearing Corp) who is behind "DraftClick"
https://tracxn.com/d/companies/draftclick.com
Twitter ( https://twitter.com/godraftclick )
DraftClick was designed to assist in the fantasy sport player's ability to monitor changes in betting lines, breaking news releases, injury reports, real-time discussions in sports forums, fan sentiment, historical match-up data and other sources of data by incorporating all of this information into prediction results. This data was then presented on a version of DraftClick's user interface, which was then designed to enable transition of player selections to fantasy game sites.(I shamelessly pulled this from TD Ameritrade for CLIS - Their Company Profile, yell at me if you want).
Game Sites like DraftKings
https://www.draftkings.com/
https://www.draftkings.com/help/faq (Gameplays, Prizes, Bonuses) - Included to show DK success in ClickSource Analytics -
https://www.newswire.com/news/clickstream-corporation-to-accelerate-completion-of-its-draftclick-4794043 - Old DD I still hold as relevant -
https://finance.yahoo.com/news/clickstream-corporation-enters-agreement-infinixsoft-123000372.html?soc_src=mediacontentstory&soc_trk=tw - This is Valid DD because InfinixSoft was behind DraftClick and - we just learned ClickStream is once again working with InfinixSoft for their NEW application that will be featured on both the Apple Store & Android Market..
FanDuel. ( https://www.fanduel.com/ )
https://sec.report/Document/0001214659-15-008347/ - On this DD - Just do me a favor and please CTRL + F the fuck out of your keyboard and search for - "Industry" and read the first sentence -
You know what I'll just give it to you (but read this document please to educate yourself) -
Industry -
Management believes, after review of certain reports by Eilers Research which studies the industry, that daily games will generate around $2.6 billion in entry fees in 2015 and grow 41 percent annually, reaching $14.4 billion in 2020. Fantasy sports place a premium on data, and technological and statistical advances have made massive amounts of information available instantly and for sale.
&
Company Overview -
ClickStream is a technology based data analytics company focused development of analytical tools for high volume data analysis and related internet trends and associations. Our mission is to build value for our investors by commercializing the predictability power of discussions on the internet combined with other statistics in our ever growing database. We are currently pre-revenue and are in late-stage development of a fantasy sports betting program,
DraftClick. DraftClick , assists in fantasy sport player’s ability to monitor changes in betting lines, breaking news releases, injury reports, real-time discussions in sports forums, fan sentiment, historical matchup data and other sources of data, and present the results using a tailored version of our user interface which has been designed to enable seamless transition of professional athlete selections to fantasy game sites such as DraftKings and FanDuel.
Now, we know this is what ClickStram (CLIS) has accomplished in the past but, what about moving forward?
Again -
http://www.clickstream.technology/
https://finance.yahoo.com/news/clickstream-signs-nfl-network-commentator-123000624.html
https://twitter.com/ClickstreamC (Twitter Promoting - for their new Application).
About InfinixSoft (This was pulled a Yahoo Article as seen above)
Infinixsoft Global, LLC., developers of over 650 Mobile Applications offers strategy, business and product development (mobile, social and internet technologies) to partners and clients. Infinixsoft's website can be found at www.infinixsoft.com.
https://www.discoverci.com/intrinio_calls/company_news?ticker=CLIS

InfinixSoft was integral in success of DraftClick, which DraftClick was absolutely necessary for the success of DraftKings & for sites like FanDuel.
What about SpecOp communications though? - (You will find SpecOp mentioned in this article) -
https://finance.yahoo.com/news/clickstream-retains-specops-communications-prepares-123000671.html
https://www.specopscomm.com/
I'll let you do your own DD on this aspect - I still want to know more about SpecOps and I don't have the opportunity to dig in to ClickStream - SpecOps relationship, I plan on it tomorrow - I want to know more about SpecOps and I want to see results and successful campaigns, more DD is required.
Additionally, here is a solid resource for the companies financials (https://www.otcmarkets.com/stock/CLIS/disclosure) which are without a doubt, telling of where this company is heading and where it has been - I know there are others out there who can do a *significantly* better job is breaking down this information and advising on what the future looks like, and if this investment makes sense for us - I wish I was fucking superman and knew it all but, I believe we all have a part in this, and we can all support each other to make sound financial decisions and whether these decisions will in effect have a positive outcome, it is what this community is about.
So, there it is.
The "on-the-surface" DD that I pulled today and trust me, i'll continue researching because with 10k deep - it's kind of a big deal for me and i'm sure others that took the jump today into CLIS.
Thanks for reading and, you can yell at me and tell me i'm dumb and talk shit but it isn't conducive to anyone success here so please lay off and just leave it at -
"Fuck you sra-uomi you dumbass fuck you fucking fucker fuck fuck off dumbass".
Thank you and have a wonderful night,
My wife is now telling me she's going to go fuck herself since i'm glued to this post.
Please send your F's.
submitted by sra-uomi to pennystocks [link] [comments]

In-Depth $CLSK DD - Weekend Swing Trade

A lot of you are on the edge of buying CLSK and it was the most wanted stock so here is the DD.
TL;DR at the end.
Update to DD process at the end.


Catalysts:
https://finance.yahoo.com/news/cleanspark-announces-california-off-grid-130000433.html
CLSK announced the successful commissioning and deployment of their mPulse software, this software reduces fuel consumption a eliminates high energy operating costs for business of all kind.

This software is one of a kind as has huge potential in U.S. and foreign markets, businesses all over the world will want to minimize fuel consumption which will, in turn, save them potentially millions of dollars.
Deployments like these create opportunities for long term SaaS revenue.
CLSKs sales pipeline has continued to grow and they are seeing increased demand across all types of businesses.

The software was installed in a off-grid installation system from California City, CA.
CLSK provided the system with software and controls as well as battery storage

They have a microgrid Value Stream Optimizer (mVSO) platform; a SaaS-based software and industry-leading solution for energy project analysis and modeling.
Energy resiliency and savings were the primary vectors in mVSO's modeling exercise for the end-user, a controlled-distribution agricultural facility.
Based on this and a variety of factors, mVSO provided a 20-year economic model outlining the cash flows of the system and detailed cost-avoidance benefits.

Zach Bradford, CEO and President of CleanSpark, stated, "Given the remote location of the end-user's operation, local utility companies were unable to provide electrical grid service to the facility in a timeframe that supported their business plans. By going completely off-grid, CleanSpark and Good Energy Solar have allowed the customer to create and independently own their energy system to meet their current and future power requirement.

The system is fully expandable and provides its users with a variety of controls.


https://finance.yahoo.com/news/cleanspark-announces-significant-upgrades-cutting-130000880.html
CLSK announced an improvement to the UI and energy analytics software to mVSO.

mVSO is used by microgrid developers to efficiently create money-saving energy proposals for their client projects.
The new UI will improve the user's flow through the application.

Amanda Kabak, CleanSpark's CTO and Principal Software Architect stated, "Our mission for mVSO is to provide distributed energy and microgrid developers an easy and effective way to educate their end customer on the full benefit of a proposed project. The recent upgrades and improvements we've made to the software are specifically geared to that end. The ability to share reports with any number of parties, the capability to download an effective proposal, and the increased visibility into customer interaction with these artifacts will undoubtedly help drive sales for our users."

The new updates will greatly improve user experience which improves sales of their services.


https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.html
CLSK has announced that p2klabs Inc, a recently acquired subsidiary, has seen significant growth in revenues.
Revenues have increased by 80% and more growth and revenue is expected.

The company attributes the increase of revenue to a combination of factors, including increased access to capital, expanded product offering and the ability to attract and retain key personnel as a function of being a component of a much larger organization.

p2klabs has spearheaded the redesign of CleanSpark's corporate website, developed an entirely new suite of marketing materials, and significantly enhanced the interface, usability, and user experience of the company's SaaS energy modeling tool 'mVSO' and its mPulse controls platform.
Additionally, p2klabs has continued to grow its core business by gaining multiple new clients and increasing its revenues.

Amer Tadayon, CleanSpark's new Chief Revenue Officer added, "The access to capital as a result of the CleanSpark acquisition has allowed p2klabs to bolster its team and to enhance its service offerings, allowing us to accelerate our revenue growth by contracting both with new clients as well as existing customers. p2klabs' business is thriving since being acquired, and our entire team is pleased with the overall contribution to CleanSpark's initiatives for its core products, while also increasing our consulting revenues."



Financials:
https://www.sec.gov/Archives/edgadata/827876/000166357720000136/clsk10q.htm
This is based on their most recent 10Q SEC form.
All values are unaudited

Current Assets:
- Cash value of $4,506,510 as compared with $7,838,857 last year.
- Net Account Receivable value of $1,441,512 as compared with $777,716 last year.
- Contract Assets value of $4,282 as compared with $57,077 last year.
- Prepaid Expense And Other Current Assets value of $595,831 as compared with $1,210,395 last year.
- Derivative Asset value of $824,891 as compared with $0, unreported, last year.
- Investment In Equity Securities value of $502,000 as compared with $0, unreported, last year.
- Investment Available For Sale Debt Security At Fair value of $456,744 as compared with $0, unreported, last year.
Total current assets value of $8,331,770 as compared with $9,884,045 last year.


Non-Current Assets:
- Net Fixed Assets value of $143,895 as compared with $145,070 last year.
- Operating Lease Right Of Use Asset value of $63,554 as compared with $0, unreported, last year.
- Net Capitalized Software value of $1,060,417 as compared with $1,055,197 last year.
- Net Intangible Assets value of $7,328,789 as compared with $7,430,082 last year.
- Goodwill value of $5,562,246 as compared with $4,919,858 last year.
Total non-current assets value of $14,158,901 as compared with $13,550,207 last year.

Total assets value of $22,490,671 as compared with $23,434,252 last year.


Current Liabilities:
- Accounts Payable And Accrued Liabilities cost of $3,121,117 as compared with $848,756 last year.
- Contract Liabilities cost of $590,241 as compared with $499,401 last year.
- Lease Liability cost of $64,033 as compared with $0, unreported, last year.
- Due To Related Parties cost of $20,000 as compared with $86,966 last year.
- Convertible Note Net Of Unamortized Discounts cost of $822,498 as compared with $0, unreported, last year.
- Loans Payable Net Of Unamortized Discounts cost of $0, unreported, as compared with $67,467 last year.
Total current liabilities cost of $4,617,889 as compared with $502,590 last year.


Long Term Liabilities:
- Convertible Notes Net Of Unamortized Discounts cost of $5,124,658 as compared with $2,896,321 last year.
- Loans Payable cost of $150,000 as compared with $150,000 last year.
Total long-term liabilities cost of $5,274,658 as compared with $3,046,321 last year.


Stockholders Equity:
Total stockholders equity of $12,598,124 as compared with $18,885,341 last year.


Net Revenues:
- Sales Of Goods Revenue value of $3,352,098 as compared with $373,568 last year.
- Service, Software, And Related Revenues value of $306,185 as compared with $350,331 last year.


Cost Of Revenues:
- Goods Sold cost of $2,921,548 as compared with $330,882 last year.
- Services cost of $32,698 as compared with $261,136 last year.
Total revenues cost of $2,954,246 as compared with $592,018 last year.

Gross profit of $704,037 as compared with $131,881 last year.


Operating Expenses:
- Professional Fees cost of $1,005,991 as compared with $1,406,269 last year.
- Payroll Expenses cost of $984,380 as compared with $313,170 last year.
- Product Development cost of $0, unreported, as compared with $341,081 last year.
- General And Administrative cost of $311,131 as compared with $159,408 last year.
- Depreciation And Amortization cost of $674,587 as compared with $499,636 last year.
Total operating expenses of $2,976,089 as compared with $2,719,564 last year.


Other Income Expenses:
Total income expenses cost of $3,543,046 as compared with $5,176,857 last year.


Total net loss of $5,815,098 as compared with $7,764,540 last year.



Fundamentals:
https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.htmlHere's a description of the company:
CleanSpark a software and services company which offers software and intelligent controls for microgrid and distributed energy resource management systems and innovative strategy and design services.
The Company provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization.
Their software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment.
Their product and services consist of intelligent energy controls, microgrid modeling software, and innovation consulting services in design, technology, and business process methodologies to help transform and grow businesses.

The address of the company:
70 North Main StreetSuite 105Bountiful, UT 84010United States801-244-4405http://www.cleanspark.com
They have 20 full-time employees.

The company is located in the U.S. which provides a potential for massive opportunities from Fortune 100 companies and cities.



Technicals:
Stock Info:
https://finance.yahoo.com/quote/CLSK/key-statistics?p=CLSK
- Usual 10-day volume of 1.16M.
- Usual 3-month volume of 3.19M.
This is a good volume for a penny stock, it allows for easy buying and selling of the stock, it also ensures that there will be price movement.

- Shares outstanding are 9.86M.
- Float is 8.39M.
A low float makes it easier to push the stock price up, but it also makes it easier to drop it.

- 30.97% of shares are being held by insiders.
- 1.33% of shares are being held by institutions.
This is both good and bad, those insiders could sell all their shares, and since they hold a very large number that would significantly lower the stock price. The good is that this shows that insiders are confident in the stock.
It would be better if more institutions held the stock since instituions only invest in companies they see as profitable for them.

- Short % of float is 0.91%
This is good, it shows that investors are confident that the stock will go up since most are not betting on the stock falling.


Indicators:
Moving Averages:
- Candles are above 5 SMA, buy rating.
- Candles are below 10 SMA, sell rating.
- Candles are below 20 SMA, sell rating.
- Candles are above 30 SMA, buy rating.
- Candles are above 50 SMA, buy rating.
- Candles are below 100 SMA, sell rating.
- Candles are below 200 SMA, sell rating.
- Candles are neutral on ICBL, hold rating.
- Candles are below VWAP, sell rating.
- Candles are above HMA, buy rating.
CLSK is rated as sell based on Moving Averages.
The stock is in an overall downtrend.

Oscillators:
- Stock is neutral on RSI, hold rating.
- Stock is neutral on S%K, hold rating.
- Stock is neutral on CCI, hold rating.
- Stock is neutral on ADI, hold rating.
- Stock is neutral on AO, hold rating.
- Stock is negative on Momentum, sell rating.
- Stock has negative MACD , sell rating.
- Stock is neutral on SRF, hold rating.
- Stock is neutral on WPR, hold rating.
- Stock is positive on BPP, buy rating.
- Stock is neutral on UO, hold rating.
CLSK is rated sell based on Oscillators.

Based on indicators, CLSK has a sell rating.


Support And Resistances:
- Weak Daily Support of $1.
- Normal Daily Resistance of $2.48.
- Normal Hourly Support of $2.01.
- Normal Hourly Resistance of $2.43.



TL;DR: CLSK is a fast-growing company that has potential. Their applications have huge uses like a major reduction in fuel consumption for businesses and cities.
Their subsidiaries are making lots of revenue that supports the company.
Their applications and software are one of a kind and have massive potential in U.S. and foreign markets.
The indicators aren't good which can cause the price to drop.
This is not a short term play.


TL;DR;DR: This is for people on the edge about buying or selling
- Buy point is when candles cross $2.43 resistance with some buffer.
- Instant buy point is when candles cross the 200 SMA.

- Sell point is when candles cross below 50 SMA
- Instant sell point is when candles cross below $2.01 support with some buffer.

Update: It takes me around 4 hours per stock to make DD for the community.
I recently made a Patreon for anyone that wants to support me and get some benefits.
This is completely optional and I still will be posting some DD for the community.
https://www.patreon.com/maxgainz

Sorry mods if this isn't allowed, I will remove if asked.



This is not financial advice, I'm not a financial professional.
Do not buy this stock just because of this DD.
I'm not to be held liable for any losses or missed out gains due to this DD.
I do not currently hold any shares of this stock.

Please trade responsibly and take days off when your portfolio is falling, the market has its bad days.
Robinhood has UI errors sometimes, please be aware of that.
submitted by Bogashi to u/Bogashi [link] [comments]

In-Depth $CLSK DD - Weekend Swing Trade

A lot of you are on the edge of buying CLSK and it was the most wanted stock so here is the DD.
TL;DR at the end.
Update to DD process at the end.


Catalysts:
https://finance.yahoo.com/news/cleanspark-announces-california-off-grid-130000433.html
CLSK announced the successful commissioning and deployment of their mPulse software, this software reduces fuel consumption a eliminates high energy operating costs for business of all kind.

This software is one of a kind as has huge potential in U.S. and foreign markets, businesses all over the world will want to minimize fuel consumption which will, in turn, save them potentially millions of dollars.
Deployments like these create opportunities for long term SaaS revenue.
CLSKs sales pipeline has continued to grow and they are seeing increased demand across all types of businesses.

The software was installed in a off-grid installation system from California City, CA.
CLSK provided the system with software and controls as well as battery storage

They have a microgrid Value Stream Optimizer (mVSO) platform; a SaaS-based software and industry-leading solution for energy project analysis and modeling.
Energy resiliency and savings were the primary vectors in mVSO's modeling exercise for the end-user, a controlled-distribution agricultural facility.
Based on this and a variety of factors, mVSO provided a 20-year economic model outlining the cash flows of the system and detailed cost-avoidance benefits.

Zach Bradford, CEO and President of CleanSpark, stated, "Given the remote location of the end-user's operation, local utility companies were unable to provide electrical grid service to the facility in a timeframe that supported their business plans. By going completely off-grid, CleanSpark and Good Energy Solar have allowed the customer to create and independently own their energy system to meet their current and future power requirement.

The system is fully expandable and provides its users with a variety of controls.


https://finance.yahoo.com/news/cleanspark-announces-significant-upgrades-cutting-130000880.html
CLSK announced an improvement to the UI and energy analytics software to mVSO.

mVSO is used by microgrid developers to efficiently create money-saving energy proposals for their client projects.
The new UI will improve the user's flow through the application.

Amanda Kabak, CleanSpark's CTO and Principal Software Architect stated, "Our mission for mVSO is to provide distributed energy and microgrid developers an easy and effective way to educate their end customer on the full benefit of a proposed project. The recent upgrades and improvements we've made to the software are specifically geared to that end. The ability to share reports with any number of parties, the capability to download an effective proposal, and the increased visibility into customer interaction with these artifacts will undoubtedly help drive sales for our users."

The new updates will greatly improve user experience which improves sales of their services.


https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.html
CLSK has announced that p2klabs Inc, a recently acquired subsidiary, has seen significant growth in revenues.
Revenues have increased by 80% and more growth and revenue is expected.

The company attributes the increase of revenue to a combination of factors, including increased access to capital, expanded product offering and the ability to attract and retain key personnel as a function of being a component of a much larger organization.

p2klabs has spearheaded the redesign of CleanSpark's corporate website, developed an entirely new suite of marketing materials, and significantly enhanced the interface, usability, and user experience of the company's SaaS energy modeling tool 'mVSO' and its mPulse controls platform.
Additionally, p2klabs has continued to grow its core business by gaining multiple new clients and increasing its revenues.

Amer Tadayon, CleanSpark's new Chief Revenue Officer added, "The access to capital as a result of the CleanSpark acquisition has allowed p2klabs to bolster its team and to enhance its service offerings, allowing us to accelerate our revenue growth by contracting both with new clients as well as existing customers. p2klabs' business is thriving since being acquired, and our entire team is pleased with the overall contribution to CleanSpark's initiatives for its core products, while also increasing our consulting revenues."



Financials:
https://www.sec.gov/Archives/edgadata/827876/000166357720000136/clsk10q.htm
This is based on their most recent 10Q SEC form.
All values are unaudited

Current Assets:
- Cash value of $4,506,510 as compared with $7,838,857 last year.
- Net Account Receivable value of $1,441,512 as compared with $777,716 last year.
- Contract Assets value of $4,282 as compared with $57,077 last year.
- Prepaid Expense And Other Current Assets value of $595,831 as compared with $1,210,395 last year.
- Derivative Asset value of $824,891 as compared with $0, unreported, last year.
- Investment In Equity Securities value of $502,000 as compared with $0, unreported, last year.
- Investment Available For Sale Debt Security At Fair value of $456,744 as compared with $0, unreported, last year.
Total current assets value of $8,331,770 as compared with $9,884,045 last year.


Non-Current Assets:
- Net Fixed Assets value of $143,895 as compared with $145,070 last year.
- Operating Lease Right Of Use Asset value of $63,554 as compared with $0, unreported, last year.
- Net Capitalized Software value of $1,060,417 as compared with $1,055,197 last year.
- Net Intangible Assets value of $7,328,789 as compared with $7,430,082 last year.
- Goodwill value of $5,562,246 as compared with $4,919,858 last year.
Total non-current assets value of $14,158,901 as compared with $13,550,207 last year.

Total assets value of $22,490,671 as compared with $23,434,252 last year.


Current Liabilities:
- Accounts Payable And Accrued Liabilities cost of $3,121,117 as compared with $848,756 last year.
- Contract Liabilities cost of $590,241 as compared with $499,401 last year.
- Lease Liability cost of $64,033 as compared with $0, unreported, last year.
- Due To Related Parties cost of $20,000 as compared with $86,966 last year.
- Convertible Note Net Of Unamortized Discounts cost of $822,498 as compared with $0, unreported, last year.
- Loans Payable Net Of Unamortized Discounts cost of $0, unreported, as compared with $67,467 last year.
Total current liabilities cost of $4,617,889 as compared with $502,590 last year.


Long Term Liabilities:
- Convertible Notes Net Of Unamortized Discounts cost of $5,124,658 as compared with $2,896,321 last year.
- Loans Payable cost of $150,000 as compared with $150,000 last year.
Total long-term liabilities cost of $5,274,658 as compared with $3,046,321 last year.


Stockholders Equity:
Total stockholders equity of $12,598,124 as compared with $18,885,341 last year.


Net Revenues:
- Sales Of Goods Revenue value of $3,352,098 as compared with $373,568 last year.
- Service, Software, And Related Revenues value of $306,185 as compared with $350,331 last year.


Cost Of Revenues:
- Goods Sold cost of $2,921,548 as compared with $330,882 last year.
- Services cost of $32,698 as compared with $261,136 last year.
Total revenues cost of $2,954,246 as compared with $592,018 last year.

Gross profit of $704,037 as compared with $131,881 last year.


Operating Expenses:
- Professional Fees cost of $1,005,991 as compared with $1,406,269 last year.
- Payroll Expenses cost of $984,380 as compared with $313,170 last year.
- Product Development cost of $0, unreported, as compared with $341,081 last year.
- General And Administrative cost of $311,131 as compared with $159,408 last year.
- Depreciation And Amortization cost of $674,587 as compared with $499,636 last year.
Total operating expenses of $2,976,089 as compared with $2,719,564 last year.


Other Income Expenses:
Total income expenses cost of $3,543,046 as compared with $5,176,857 last year.


Total net loss of $5,815,098 as compared with $7,764,540 last year.



Fundamentals:
https://finance.yahoo.com/news/cleanspark-provides-strategic-acquisition-announces-130000947.htmlHere's a description of the company:
CleanSpark a software and services company which offers software and intelligent controls for microgrid and distributed energy resource management systems and innovative strategy and design services.
The Company provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization.
Their software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment.
Their product and services consist of intelligent energy controls, microgrid modeling software, and innovation consulting services in design, technology, and business process methodologies to help transform and grow businesses.

The address of the company:
70 North Main StreetSuite 105Bountiful, UT 84010United States801-244-4405http://www.cleanspark.com
They have 20 full-time employees.

The company is located in the U.S. which provides a potential for massive opportunities from Fortune 100 companies and cities.



Technicals:
Stock Info:
https://finance.yahoo.com/quote/CLSK/key-statistics?p=CLSK
- Usual 10-day volume of 1.16M.
- Usual 3-month volume of 3.19M.
This is a good volume for a penny stock, it allows for easy buying and selling of the stock, it also ensures that there will be price movement.

- Shares outstanding are 9.86M.
- Float is 8.39M.
A low float makes it easier to push the stock price up, but it also makes it easier to drop it.

- 30.97% of shares are being held by insiders.
- 1.33% of shares are being held by institutions.
This is both good and bad, those insiders could sell all their shares, and since they hold a very large number that would significantly lower the stock price. The good is that this shows that insiders are confident in the stock.
It would be better if more institutions held the stock since instituions only invest in companies they see as profitable for them.

- Short % of float is 0.91%
This is good, it shows that investors are confident that the stock will go up since most are not betting on the stock falling.


Indicators:
Moving Averages:
- Candles are above 5 SMA, buy rating.
- Candles are below 10 SMA, sell rating.
- Candles are below 20 SMA, sell rating.
- Candles are above 30 SMA, buy rating.
- Candles are above 50 SMA, buy rating.
- Candles are below 100 SMA, sell rating.
- Candles are below 200 SMA, sell rating.
- Candles are neutral on ICBL, hold rating.
- Candles are below VWAP, sell rating.
- Candles are above HMA, buy rating.
CLSK is rated as sell based on Moving Averages.
The stock is in an overall downtrend.

Oscillators:
- Stock is neutral on RSI, hold rating.
- Stock is neutral on S%K, hold rating.
- Stock is neutral on CCI, hold rating.
- Stock is neutral on ADI, hold rating.
- Stock is neutral on AO, hold rating.
- Stock is negative on Momentum, sell rating.
- Stock has negative MACD , sell rating.
- Stock is neutral on SRF, hold rating.
- Stock is neutral on WPR, hold rating.
- Stock is positive on BPP, buy rating.
- Stock is neutral on UO, hold rating.
CLSK is rated sell based on Oscillators.

Based on indicators, CLSK has a sell rating.


Support And Resistances:
- Weak Daily Support of $1.
- Normal Daily Resistance of $2.48.
- Normal Hourly Support of $2.01.
- Normal Hourly Resistance of $2.43.



TL;DR: CLSK is a fast-growing company that has potential. Their applications have huge uses like a major reduction in fuel consumption for businesses and cities.
Their subsidiaries are making lots of revenue that supports the company.
Their applications and software are one of a kind and have massive potential in U.S. and foreign markets.
The indicators aren't good which can cause the price to drop.
This is not a short term play.


TL;DR;DR: This is for people on the edge about buying or selling
- Buy point is when candles cross $2.43 resistance with some buffer.
- Instant buy point is when candles cross the 200 SMA.

- Sell point is when candles cross below 50 SMA
- Instant sell point is when candles cross below $2.01 support with some buffer.

Update: It takes me around 4 hours per stock to make DD for the community.
I recently made a Patreon for anyone that wants to support me and get some benefits.
This is completely optional and I still will be posting some DD for the community.
https://www.patreon.com/maxgainz



This is not financial advice, I'm not a financial professional.
Do not buy this stock just because of this DD.
I'm not to be held liable for any losses or missed out gains due to this DD.
I do not currently hold any shares of this stock.

Please trade responsibly and take days off when your portfolio is falling, the market has its bad days.
Robinhood has UI errors sometimes, please be aware of that.
submitted by Bogashi to PennyDD [link] [comments]

In-Depth $FRSX DD - Goes Through Everything

This was the most picked stock that you wanted DD on so here it is.
Bagholders, this is for you.
TL;DR at the end.



Catalysts:
https://finance.yahoo.com/news/foresight-enable-mass-screening-detection-111500924.html
FRSX filed a patent for fast and accurate detection of Covid-19 symptoms.

They announced a start in developing a mass screening solution for Covid-19 symptoms. The solution is based on visible-light and thermal cameras.

The company has been using FLIR thermal cameras and advanced algorithms for detection.

This new solution is more accurate and will potentially eliminate false-positive results.

The need for accurate touch-free mass screening is in very high demand all across the world and FRSX is one of the top leaders in Covid-19 detection when their new mass screening solution is made, there is potential for huge profits from potentially the U.S. Government who have recently called off Federal Screenings which will most likely be started up again due to cases spiking.


https://www.sec.gov/Archives/edgadata/1691221/000121390020015737/ea123404ex99-1_foresigh.htm
https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
FRSX announced the appointment of executive Alain Charlois as Vice President of Strategic Partnerships.

Charlois will be responsible for new business opportunities and potential partners in ADAS and autonomous driving markets in North America and Europe.
He has very extensive experience in commercializing businesses in the automotive market. Currently, he is holding leadership and business development positions in international companies such as ZF-TRW Automotive and other startups.

"Foresight’s unique vision technology has the potential to revolutionize automotive safety" said Haim Siboni, Foresight’s CEO.

Here's what the company says about Charlois:
Mr. Charlois’s unique skills and extensive industry relationships will allow us to generate additional interest in our offerings, help us identify and connect with potential corporate partners, and expand our presence in the ADAS and autonomous vehicles markets.
Charlois could be a major figure of the company and the leader of innovation in it. Expect lots of improvements to the company from him.

FRSXs technology is potentially revolutionary, of course, that is a buzz word though.


https://finance.yahoo.com/news/foresight-regains-compliance-nasdaq-minimum-120000528.html
Very recently, FRSX has regained NASDAQ compliance.

Compliance is very important for the stock price, NASDAQ compliance opens the potential for more investors and institutions to buy shares of the company.



Financials:
https://finance.yahoo.com/quote/FRSX/financials/
Surprisingly they don't have 10Q SEC forms so this is based on Yahoo Finance.
These are based on Q1 results.

Total Revenue:
- Operating revenue of $0 as compared with $0 last quarter

Operating Expenses:
- General And Administrative costs of $660,000 as compared with $803,000 last quarter.
- Salaries And Wages cost unreported.
- Selling And Marketing costs of $433,000 as compared with $266,000 last quarter.
- Research And Development costs of $2.341M as compared with $3.203M last quarter.
- Interest Income Non-Operating cost of $131,000 as compared with $235,000 last quarter.
- Other Income Expenses of $746,000 as compared with $395,000 last quarter.
Total net loss of $4.049M before tax as compared with $4.370M before tax last quarter.

Balance Sheet:
- Assets value of $19.334M.
- Liabilities And Stockholders Equities value of $19.334M.

The financials are pretty bad, the expenses are basically the same as last quarter but they haven't reported any income so it's counted as $0.



Fundamentals:
https://finance.yahoo.com/news/foresight-appoints-alain-charlois-vice-120000984.html
Here's a description of the company:
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry.
Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" cellular-based applications.
Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion.
Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.
The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

https://finance.yahoo.com/quote/FRSX/profile?p=FRSX
The companies address:
Weizmann Science Park
7 Golda Meir Street
Ness Ziona 7403650
Israel
972 7 770 9030
http://www.foresightauto.com
They have 61 full-time employees



Technicals:

Stock Info:
https://finance.yahoo.com/quote/FRSX/key-statistics/
- Usual volume of 4.01M, this is a good volume for a penny stock and allows for easy buying and selling of the stock. This also ensures that there will be movement in the stock.
- Float of 21.54M, this is the usual float for a stock of this price. The stock price is fairly easy to move which allows for the stock to rise fast but also has potential for the stock to drop fast.
- Short % of shares outstanding is 1.02%, this a very low short % which is good, the less a stock is shorted the fewer people betting on the stock falling. This also shows that the holders of the stock are confident since most people are buying long.
- Insiders hold 0.00% of the stock float, this is both good and bad.
- Institutions hold 1.84% of the stock float, this isn't that good since institutions heavily invest in companies they value as profitable.


Indicators:

Moving Averages:
- Candles are above 5 SMA, buy rating
- Candles are above 10 SMA, buy rating
- Candles are above 20 SMA, buy rating
- Candles are above 30 SMA, buy rating
- Candles are above 50 SMA, buy rating
- Candles are above 100 SMA, buy rating
- Candles are above 200 SMA, buy rating
- Candles are above VWAP, buy rating
- Candles are below HMA, sell rating
This gives FRSX a strong buy rating based on MA


Oscillators:
- Stock is neutral on RSI, hold rating
- Candles are neutral on S%K, hold rating
- Candles are below CCI, sell rating
- Candles are neutral on ADI, hold rating
- Candles are above AO, buy rating
- Stock is below Momentum, sell rating
- Stock has positive MACD levels, buy rating
- Stock is below SRI, sell rating
- Stock is neutral on WPR, hold rating
- Stock is neutral on BBP, hold rating
- Stock is neutral on UO, hold rating
This gives FRSX a sell rating based on Oscillators

FRSX has a buy rating based on indicators.


Support And Resistance:
- Support of $1.24
- Resistance of $1.95


Due to the recent fall in futures, I would stay away from buying any stock right now. Other than that here is the TL;DR


TL;DR: FRSX has massive plans for mass Covid-19 screeners. Their patent approving and in development screener will potentially eliminate false positives and have improved accuracy while also being a contact-free screener.
There is potential for an FRSX and FLIR merger since FRSX is developing Covid-19 scanners while FLIR supplies them with the thermal technologies.
The merger is just my speculation, nothing is confirmed.
Recently, Federal Covid-19 Testing has been stopped, this most likely will be turned on again since cases are spiking. There is potential for the U.S. Government to use FRSXs in development technology.
The company's financials are absolute dogshit but there is a possibility of them getting better if they gain a lot of profit from their screener sale which is still in development.
The company's headquarters are in Israel which isn't really good since it's easier to find clients when your business is mainly located in the U.S.


TL;DR;DR: This is for the bag holders
I would hold on to the stock, for now, it is not a short term play.

- Buy point is right now.
- Instant buy point is once it breaks the $1.95 resistance with some buffer.

- Sell point is if the stock goes below the $1.24 support with some buffer.
- Instant sell point if the stock goes below 200 SMA.



This is not financial advice, I'm not a financial professional. Do not buy or sell the stock due to this DD.
I'm not responsible for any loss or missed out gains due to this DD.
I do not currently hold any positions of this stock
Please trade responsibly and take days off when your portfolio is falling, just relax.
submitted by Bogashi to PennyDD [link] [comments]

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