Apr. 17 at 12:38 AM
$PMNT — luxury alpine brand just broke its descending trendline on the highest volume in months. First profitable quarter ever in Q3.
$12M growth financing secured. Analyst PT
$1.50. And the company itself filed an unusual trading disclosure saying it can't explain the move — 20.52M float doing what 20.52M floats do.
🐂 Hold
$0.38 → clear
$0.43 →
$0.51 →
$0.66
🐻 Reject
$0.43 → back to
$0.22 demand zone, financing dilution weighs
⚠️ Unusual: company filed NYSE Section 401(d) disclosure on April 14 — unusual trading with no known catalyst. Pure low-float mechanics on a name that just turned profitable.
#PMNT #LowFloat #Momentum #hovdid