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Showing posts from April, 2023

Why JXJT Makes the Next Candidate for a TOP like-pop

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Last week out of nowhere, TOP Financial Group Limited (TOP) rose from $7 to as high as $250. As a result, a bunch of Chinese and Hong Kong-related listings followed suit on Friday, including Huadi International Group Co., Ltd. (HUDI), Magic Empire Global Limited (MEGL), Dunxin Financial Holdings Limited (DXF), Jiuzi Holdings, Inc. (JZXN), Top KingWin Ltd (TCJH), Baosheng Media Group Holdings Limited (BAOS), Addentax Group Corp. (ATXG), WeTrade Group, Inc. (WETG), Tian Ruixiang Holdings Ltd (TIRX), Leju Holdings Limited (LEJU), AGBA Group Holding Limited (AGBA),  Lichen China Limited (LICN), Uxin Limited (UXIN), Golden Sun Education Group Limited (GSUN),  Powerbridge Technologies Co., Ltd. (PBTS), U Power Limited (UCAR), WANG & LEE GROUP, Inc. (WLGS), Smart Powerr Corp. (CREG) and AMTD Digital Inc. (HKD). One stock that we think stands out of this list is  JX Luxventure Limited (J...

AI SPACs and IPOs on the Move - BFRG, PRST, CXAI. Buy their Warrants

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Three recently-listed AI stocks have been hot over the past couple of weeks along with Guardforce AI Co., Limited (GFAI). These are Bullfrog AI Holdings, Inc. (BFRG), Presto Automation Inc. (PRST) and CXApp Inc. (CXAI). Today is PRST's day so far as it's up over 30%. The best way to play these stocks are the warrants, listed as BFRGW, PRSTW and CXAIW respectively. Just look at what has happened to GFAIW. It has moved from a few pennies to over $0.40. The problem is GFAI had a 1-for-40 reverse split, causing the strike price of the warrants to move into the hundreds of dollars. This won't be the case for these other three stocks. If they move like GFAI has, these warrants will be worth multiple dollars.  BFRG/BFRGW : These warrants have a strike price of $7.80. This is an IPO rather than a SPAC so these warrants are very straightforward with no early redemption clauses and a five year time to expiry. Since the stock price is right around the strike price of these warrants,...