Jan. 7 at 6:35 PM
$TANH: Profitable, Cashed Up, and Winding Up Again 📈
Tantech has completed a notable financial turnaround, moving from a
$900K loss to
$9M in profits over the last six months.
Why TANH is becoming interesting:
➡️
$32M in cash on hand
➡️Low float, with only 2.42M shares available to the public
➡️Warrants at
$1.66 and
$1.83 tied to a recent private placement, where investors are typically incentivized to seek prices well above warrant levels before exiting
➡️Technical structure improving, with a triple bottom near 52-week lows and visibly declining sell-side pressure, suggesting the stock has likely found a durable base
➡️Proven volatility, with TANH previously spiking to
$5 (+150%) in under one hour in September
Following its most recent earnings update confirming a sharp profitability turnaround, TANH appears positioned for renewed attention as fundamentals begin to catch up with price.
China tickers to watch:
$FAMI $GDHG $JDZG $NISN RETO TAOP UCAR WETO XHG ORIS GSUN
