Sep. 1 at 8:39 PM
🌀 Swing Recap - Last Week
$KYRX – Entry ~3.00 → blasted well above profit zone 3.40–4.00.
$GRYP – Entry ~1.25 → ran well above profit zone 1.50–1.87.
$OTLK – Entry ~2.80 → tagged profit zone ~3.50.
$BRLT – Slow burner: entry ~2.20 → reached 2nd profit zone ~2.85.
$CYCU – Bust (new PRE 14C after idea).
– Why we stood down (TL;DR):
• Authorized shares up → room to issue more stock (dilution risk).
• Reverse split + higher A/S often precede new issuance.
• Equity plan expansion → future dilution as awards vest.
• Preferred can convert into ~17.4M common → adds to float.
✅ Bottom line: Filing signals likely dilution; swing thesis invalidated—trade pulled.
