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(OXBR) Is A New Nasdaq Low Float Profile Requiring Complete Focus Today (Read Now)

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fierceanalyst.net

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jaks@fierceanalyst.net

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Fri, Mar 24, 2023 01:30 PM

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Did you see last week's alert catch fire? Is A New Nasdaq Low Float Profile Requiring Complete Focus

Did you see last week's alert catch fire? (OXBR) Is A New Nasdaq Low Float Profile Requiring Complete Focus Today (Read Now) March 24th Dear Reader, Did you see last week's alert catch fire? Brought to your attention the evening of March 15th, it opened up the following session at $1.17. Fast-forward to yesterday... While setting a new 1-month high, the profile reached $1.89 to pull off an approximately $.70+ move in about a week. With this short term burst, it became my latest profile to don the champ's crown after running approximately 61% short term. But now it's time to turn to another explosive Nasdaq idea. Based on its low float, explosive chart history, and big 2023 news, this profile could become a major breakout target. For Friday, March 24th, there is only one Nasdaq profile to have at the top of your watch-list: *Oxbridge Re Holdings Limited (OXBR)* Oxbridge Re is a Cayman Islands reinsurance holding company that provides reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through their wholly owned Cayman Islands reinsurance subsidiary, Oxbridge Reinsurance Limited, they write fully collateralized policies to cover property losses from specified catastrophes. They specialize in underwriting medium frequency, high severity risks, where they believe sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. Oxbridge Re underwrites reinsurance contracts on a selective and opportunistic basis as opportunities arise based on their goal of achieving favorable long-term returns on equity for their shareholders. Their goal is to achieve long-term growth in book value per share by writing business that will generate attractive underwriting pro-fits relative to the risk they bear. [Read more about the company here.]( And as I mentioned previously, OXBR has several potential breakout catalysts to focus on right now. Take a look: No. 1: A low float could create the potential for daily volatility. According to the [Yahoo Finance website]( OXBR has a low float. The website reports this profile to have approximately 4.68Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With so few shares available, the potential for volatility could be extremely significant. No. 2: An explosive chart history displays OXBR's eruptive potential. Take a sec and look at OXBR's 6-month chart: As you can see above, OXBR went on a tear to start 2023. From a $1.16 low on January 3rd, OXBR hit a 2023 high of $2.87 on January 11th. That $1.50+ move resulted in OXBR running 147%! Could another big run be right around the corner after OXBR has strung together a solid green week? No. 3: A major announcement in 2023 could only be starting to gain traction. A few weeks ago, the company dropped this news: Oxbridge Announces Filing of SPAC Business Combination Agreement GRAND CAYMAN, Cayman Islands, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Oxbridge Re (NASDAQ: OXBR)(the “Company”) today announced that Oxbridge Acquisition Corp. (NASDAQ: OXAC), a Cayman Islands special purpose acquisition company, issued a press release and filed a Current Report on Form 8-K with the Securities and Exchange Commission (“SEC”) in connection with a Oxbridge Acquisition business combination with Jet Token Inc. (“Jet”), a Delaware based company. Upon the closing of the transaction, the combined company will be named Jet.AI Inc. Jet offers fractional aircraft ownership, jet card, aircraft brokerage and charter service through its fleet of private aircraft and those of Jet’s Argus Platinum operating partner. Jet’s charter app enables travelers to look, book and fly. The funding and capital markets access from this transaction is expected to enable Jet to continue its growth strategy of AI software development and fleet expansion. The business combination is expected to be completed late in the second quarter of 2023. ... “We believe this transaction will unlock significant value to Oxbridge shareholders,” commented Oxbridge Re Holdings Limited’s President and Chief Executive Officer Jay Madhu. [Read the full article here.]( ----- Time's ticking to get OXBR on radar immediately. When you have time later, do this: Get OXBR on your radar now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Ownership of FI has now moved to a single individual. Disclosure: I am not a lic-ensed fina-ncial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. Fierce full disclosure is to be read and fully understood before using Fierce's website, or joining Fierce's email or text list. By viewing Fierce's website and/or reading Fierce's email or text newsletter you are agreeing to -> [( An owner of SWN Media LLC owns and operates smallcapfirm . com (“SCF”), owns and operates stockwirenews . com (“SWN”), and owns and operates stockstreetwire . com ("SSW"). From time to time, SWN, SCF, FI, and/or SSW will publicly disseminate information about a company via website, email, SMS and other points of media. We have not been compensated for today's profile on (OXBR). We own zero shares of (OXBR). Fierce | 539 W Commerce St, Dallas, TX 75208 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by jaks@fierceanalyst.net

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