Tempest Therapeutics ($TPST) Cancer Drug Results Sends Shares 4000% Higher, Buy Now?
Tempest Therapeutics ($TPST) Cancer Drug Results Sends Shares 4000% Higher, Buy Now?
$TPST rose 4000% this week in reaction to positive results from their cancer drug. In this video I explain the opportunity this company has and go over their "rights plan" which helps prevent a hostile takeover. Also, I cover the recent buying from Vanguard and give a price prediction based on technical analysis.
#stockmarket #trading #stocks
NOT FINANCIAL ADVICE
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00:00 Introduction
01:14 Poison Pill and Board's Statement
03:32 Rights Plan and Acquisition Proposals
06:10 Ownership Structure and Vanguard's Holdings
07:18 Short Interest and Balance Sheet
09:14 Chart Analysis and Price Prediction
10:36 Conclusion
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