Quick takes from around the market
PH Resorts Group Holdings [PHR 1.03 10.43%] is down 23% in the last week, after being up over 92% since the start of February. “Davao Dennis” Uy’s travel, tourism, and gaming company has pumped (and dumped) without any news or disclosures to drive the action. Volume has been exceptionally heavy, especially during February.
ACE Enexor, Inc. [ACEX 24.00 8.05%] [link] will change its corporate name to ENEX Energy Corp., to “reflect the change in business address” and the company’s new focus on “energy transition”. Hopefully they change the ticker, too. Kind of an obvious play to go with “ENEX”, which I hope they do. Not sure how the change of business address was relevant, though.
Ovialand [OLI pre-SEC] [link] plans to submit IPO paperwork to the SEC by the end of this month, for an IPO by the end of June. Doesn’t appear as though any of the details have changed from my interview with OLI’s CEO, Pammy Olivares-Vital back in November. I wonder if OLI’s approach has changed after watching Haus Talk [HTI 0.96] hit the market and sink like a rock.
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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.
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