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Thursday, March 28, 2024

Forget Bitcoin: This Nanocap Stock Is Up 500% Today (& Nobody Knows Why)

Courtesy of ZeroHedge. View original post here.

Forget Bitcoin; ignore Roku… it’s time to look at nano-cap medical device-maker CHF Solutions – which is up almost 500% today on absolutely no news whatsover…

$10mm market cap, CHF Solutions, Inc. distributes health care products. The Company provides commercialization of medical devices for the treatment of fluid overload, heart failures, and other cardiac diseases. CHF Solutions serves customers in the United States.

Efficient markets… (halted 14 times so far)

Over 100x the average volume and as Doug House explains, no particular news accounts for the action.

Two days ago, it filed an amendment to a prospectus for a potential offering of preferred stock, common stock and warrants.

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