MoBot’s Wrap

October 18, 2024

DENVER, Colo., Oct 18, 2024 (247marketnews.com)- Today’s top performers included Catheter Precision (NYSE: VTAK), Bright Minds (NASDAQ: DRUG), Tevogen Bio (NASDAQ: TVGN), JIADE (NASDAQ: JDZG), BioVie (NASDAQ: BIVI), and Pineapple Energy (NASDAQ: PEGY).

Catheter Precision (NYSE: VTAK) flew out of the gates this morning and, despite, multiple trading halts, hit a high of $1.74. However, the halts took their toll, as it closed at $0.91, up $0.4693 (+106.49%), on 177,147,515 shares traded.

MoBot alerted Catheter Precision (NYSE: VTAK) n yesterday’s afterhours trading at $0.663 and the US based medical device company is wrapping up their attendance at the 15th International Symposium on Catheter Ablation Techniques (ISCAT), in Paris, France, today.

MoBot posted Bright Minds (NASDAQ: DRUG) on Monday at $1.426 and it nearly hit $60 in Tuesday’s afterhours, on over 100 million shares traded, which is way more than 20X its reported float or outstanding shares, so it’s doubtful all those trades cleared, so today’s squeeze wasn’t a surprise.

Bright Minds (NASDAQ: DRUG) announced that it raised $35,000,000, from a private placement of the Company’s common shares at $21.70 per share, which is a huge win for a company that was trading under $2 on Monday. It hit $79.02 today and closed at $47.21, up $25.51 (+117.56%), on 27,015,144 shares traded.

MoBot alerted Tevogen Bio (NASDAQ: TVGN) on October 10 at $0.393. TVGN’s volume remains strong since the Company and its founder, CEO Dr. Ryan Saadi, were honored by the Township of Warren, New Jersey, in recognition of their Nobel Prize nomination for pioneering business model to alleviate health inequality through breakthrough life-saving medical innovations.

Tevogen Bio (NASDAQ: TVGN) closed today at $1.72, up $0.34 (+24.64%), with 100,881,391 shares traded. Today’s high was $2.19.

JIADE (NASDAQ: JDZG) s a momentum trade that MoBot spotted on Tuesday at $1.01. Today’s high was $2.60 and it closed at $2.09, up $0.39 (+22.94%), on trading volume of 54,872,938 shares. It last published an announcement about two months ago.

BioVie (NASDAQ: BIVI) announced, on Tuesday that it received a Notice of Allowance from the Japan Patent Office for patent application no. 2021-569344 entitled “Formulations of Terlipressin. However, it continued to trade flat for the next few days, including today.

That is, until this afternoon, when BioVie (NASDAQ: BIVI) took off like a rocket MoBot alerted at $1.27 and raced to $2.88. It closed at $2.35, up $1.23 (+109.82%), on 49,609,738 shares.

Yesterday was the first day that Pineapple Energy (NASDAQ: PEGY) traded post 1-for-50 reverse stock split of its outstanding common stock, and MoBot alerted its move at $6.922. today it reached $12.18 and closed at $8.15, up $2.64 (+47.91%), on 31,662,123 shares.

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