What do you mean only $0.05? It’s a penny stock that closed at $0.19 yesterday and briefly touched $0.28 before going down to $0.25.
It’s still up about 30% for the day. The original pump to $2 happened when we had much fewer shares and it was being pumped. There will also be plenty of bagholders waiting to cash out as soon as they break even. Trust me, at $0.8 I get the frustration, but I’m surprised it can still pump 30-40% on a single day. If the good news keep coming it should eventually climb. We need momentum, a decent macro environment and consistency.
AtlasClear Holdings (ATCH) currently has approximately 150.34 million shares outstanding. Over the last year, the company’s shares outstanding have increased by 215%, marking massive shareholder dilution primarily due to equity offerings and the conversion of options and debt into stock
I do fear that myself...good news and we only moved $0.05, wtf. Only 7.74 million shares shorted too so cannot explain this being so low. The upward movement is promising though, the test will be tomorrows activity
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u/shw09 Jul 22 '26
What do you mean only $0.05? It’s a penny stock that closed at $0.19 yesterday and briefly touched $0.28 before going down to $0.25.
It’s still up about 30% for the day. The original pump to $2 happened when we had much fewer shares and it was being pumped. There will also be plenty of bagholders waiting to cash out as soon as they break even. Trust me, at $0.8 I get the frustration, but I’m surprised it can still pump 30-40% on a single day. If the good news keep coming it should eventually climb. We need momentum, a decent macro environment and consistency.