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BlueCity Holdings Limited (BLCT)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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1.2700+0.0100 (+0.79%)
At close: 04:00PM EDT
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  • N
    Pure robbery and fraud.
    Metaclass Management ELP, an affiliate of Spriver Tech Limited, is replacing Spriver Tech Limited as Sponsor and (ii) reduce the proposed purchase price from US$3.70 per Ordinary Share or US$1.85 per ADS in cash to US$3.20 per Ordinary Share or US$1.60 per ADS in cash.
  • N
    I'm confused, if this is a done deal to go private at $1.60 a share, why is short selling volume over 50% daily and the price can't make it about $1.30
  • Y
    Yahoo Finance Insights
    BlueCity is down 15.33% to 1.16
  • Y
    Yahoo Finance Insights
    BlueCity is up 9.73% to 1.24
  • J
    We are talking about a huge part of today’s society. This will be big.
  • p
    Hi, what is your price target?
  • N
    Off exchange volume has owned this for months. Darkpools short selling this and manipulating down to $1.26. Now almost 8 million volume pre market on news of acquisition. This was clearly a stab and grab move. Such blatant manipulation. Now the question is how much will this run up since the acquisition is proposed at $1.85 per ADS share.
  • U
    I am in!
  • N
    Started a position yesterday, avg down to 3.72 today. Short selling has been over 1/2 of the daily volume for the entire week, short borrowing fee is at 2.6%. Won't take much of a catalyst for a good bounce with this kind of volume and short interest. If JD, BABA, PDD have another pop up this will ride back to mid $4s.
  • N
    Price to sales ratio nearing 0! Darkpools still with heavy shorting. BLCT was short sale restricted yesterday, yet off exchange volume was 40% short interest. This stock is being manipulated aggressively in anticipation it will be delisted.
  • C
    Nice Results - Time to buy? Quarterly Rev of $45.2m - (annual $180m) - market cap today $160m - Plenty of cash to cover current losses. Quarterly paying users increased by 58% over last year.
  • A
    What is happening with this it’s been dropping every day
  • Y
    Yahoo Finance Insights
    BlueCity is down 11.19% to 1.19
  • d
    Got in at $26 but I’m in
  • s
    Any updates here?
  • G
    $BLCT looking pretty good
  • P
    Phillip L.
    Besides the many class action lawsuits, what's keeping this stock down? Is it a China thing? Am I missing something?
  • R
    Not a bad quarter. Thing should move up nicely soon!
  • M
    Mt. Zion United
    I'm in!
  • n