New NASDAQ Alert [Inside]

AwesomeStocks Don’t want emails from us anymore? Click [here]( to unsubscribe. Hello! New Alert: Eightco Holdings Inc. (NASDAQ: OCTO) OCTO is our new NASDAQ alert that could present a breakout opportunity. Following our first alert, OCTO rallied from 0.71 to a high of 0.89 a month later, experiencing gains of +25%. Since this rally, OCTO has consolidated those gains back above its 50 day moving average of 0.71. In the event that it holds above its 50 day moving average and rallies above its 200 day moving average of 0.75, it could present another big breakout opportunity. Plus, OCTO has a RSI of 43, suggesting the potential for increased upside. OCTO is a NASDAQ listed “technology company”. OCTO is “committed to growth of its subsidiaries, made up of Forever 8, an inventory capital and management platform for e-commerce sellers, and Ferguson Containers, Inc., a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment”. In addition, OCTO is “actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions”. OCTO has announced several accomplishments recently that could be growth catalysts. In March, the company announced: “Eightco announces Paul Vassilakos as Executive Chairman and Chief Executive Officer and Certain Balance Sheet Improvements” As the company further explains: “Mr. Vassilakos co-founded Forever 8 Fund, LLC (“Forever 8”), the Company’s largest subsidiary, in July 2020 and has served as a Managing Director of Forever 8 since such time. Mr. Vassilakos has held Board, CEO and CFO positions on various publicly listed companies throughout his career. Additionally, Mr. Vassilakos founded Petrina Advisors, Inc., a privately held advisory firm, where he provided investment banking advisory services for public and privately held companies, helping them grow and list on national exchanges.” Here are some of the comments from this press release: “We feel Paul is the right leader for Eightco,” said Kevin O’Donnell, Eightco’s former Executive Chairman and Interim Chief Executive Officer. “Paul’s deep knowledge of the Forever 8 business make him ideally suited to lead Eightco’s growth going forward. We believe his significant public markets experience will help focus Eightco during its road to profitability.” In addition: “I am very excited to be joining the Eightco leadership team,” said Mr. Vassilakos. “I believe Forever 8’s business model and talented management team uniquely position it to capitalize on the current e-commerce environment. As the e-commerce industry evolves through consolidation and technology improvements, I believe Forever 8, alongside Eightco’s efforts to reduce ongoing costs at the parent company level, is in a position to provide a cost effective and timely inventory capital solution to e-commerce sellers to help maximize their profits.” Most recently, the company announced: “Eightco announces Full-Year 2023 Financial Results” Here are some of the company’s highlights from this press release: - “2023 revenues of $75.3 million up 137% year-over-year from $31.8 million, driven by cell phone sales, beating guidance of $73.0 million” - “2023 SG&A excluding Depreciation & Amortization of $5.2 million, down 45% as a result of elimination of costs related to historical business efforts” Here are some of the comments from this press release: “Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC (“Forever 8”), the Company’s largest subsidiary, said “Our full-year consolidated revenue improvement was driven by revenue growth in our cell phone business. We continue to improve all aspects of our cost structure and focus on our highest growth priorities to deliver long-term, profitable growth. Further, in the first quarter of 2024, the Company announced the repayment of a highly dilutive debt security and cancelled and repurchased a significant amount of warrants, delivering a cleaner capital structure that will help support our growth going forward.”” OCTO could be positioned to experience high growth. Make sure to do your own due diligence. Source: [PR1]( [PR2]( [PR3]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. 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