Red Cat Holdings Inc (RCAT) Quote

$ RCAT $$$$$$ $ 2 UP NEXT !

RCAT......................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

RED CAT = RCAT- "THE PENNYSTOCK MILLIONAIRE MAKER ".

Turn $10K Into $1 Million Over the Next Decade
These penny stocks are worth a look right now

4d ago · By Chris MacDonald, InvestorPlace Contributor
These penny stocks could be the hidden gems without outsized upside potential investors didn’t know they needed.
Curaleaf (CURLF): Its recent earnings were modest, but potential federal legalization and a growing European footprint bode well for future growth.
Surge Battery Metals (NILIF): Its 2024 drill program recently found promising clay horizons.
Red Cat Holdings (RCAT): This company is a key drone maker, focusing on providing unmanned aircraft and associated systems to key governments and private buyers.

lol. nice advice. and you are very correct-
( not financial advice, very obviously ) lol

looking like the "cat's out of the bag" , and UP we go now !!!!

are we gettin a little bit of " cat scratch fever " ??

great news, that means insiders will finally be able to offload higher volumes! :)

Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that it is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective following the closing of US equity markets on Friday, June 28, 2024, according to a preliminary list of additions posted Friday, May 24, 2024.?

Analyst Says Drone Co. Poised to Benefit From Growing Demand for Small UAVs

Source: Glenn Mattison (6/14/24)

According to a Ladenburg Thalmann research note, Red Cat Holdings Inc. (RCAT:NASDAQ) is poised to benefit from growing UAS demand. Read on to see the rating and target price given to the company.
Ladenburg Thalmann analyst Glenn Mattson initiated coverage on
streetwise book logo Streetwise Company Fact Sheet
2024/6/17 16:21:08



"Red Cat Holdings Inc. (RCAT) has attained key government approvals, paving the way for participation in large contracts. The company's lead unmanned aerial vehicle (UAV) the Teal, is now in the second and third generation of development," Mattson noted. "The product is portable by rucksack and can give soldiers in the field situational awareness in the form of intelligence, surveillance, and reconnaissance (ISR) as well as provide offensive capabilities in the form of loitering munitions delivery systems."

The analyst highlighted that the Teal 2, Red Cat's lead product, has been designated as Blue UAS certified by the Defense Information Unit (DIU), a subsidiary of the U.S. Department of Defense (DoD). This certification allows U.S. armed forces to rapidly prototype and deploy UAS technology.

Mattson also discussed the impact of the American Safety Drone Act (ASDA), which was passed as part of the December 2023 National Defense Authorization Act (NDAA). The ASDA requires that no federal dollars can be used to purchase drone technology from certain adversarial nations, and the U.S. government has stated that one secondary goal of the program is to accelerate the development of the U.S. drone industrial base.

"Along with these government mandates, the DoD has significant large programs of record such as the short-range reconnaissance (SSR) and the Replicator program. The SSR is in the final selection stages, and RCAT is one of two companies down-selected for a likely multi-hundred million program," Mattson stated.

The analyst's financial model suggests that Red Cat's top-line growth is more dramatic than it appears, given the recent divestitures of the consumer divisions.

"Essentially the Teal 2 has gotten to a nearly US$30 million run rate in revenue up from zero over just the past 12 months. We model more than 50% top-line growth in F:25 (April) given swelling demand across the NATO and NATO friendly countries," Mattson explained.

Ladenburg Thalmann's valuation of Red Cat is based on a multiple of the company's projected revenue run rate. "We use 5x our 4QF:25 exit run rate revenue, to achieve our price target of US$4 per share and initiate coverage of RCAT with a Buy rating," Mattson stated.

RCAT- this kitty starting to puuuuuuuuuuuuuuuuuurrrrrrrrrrrrr

RCAT...............................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

errr, make that $ 4 pps

--Ladenburg Thalmann Initiates Coverage on Red Cat Holdings With Buy Rating, $4 Price Target
MT NEWSWIRES - 7:17 AM ET 6/14/2024
INVESTMENT NEWS

there's just too many catalysts to keep this under $ 2 pps for much longer

RCAT- $ 1.20 tomorrow.

Opinion below:

Most drone companies are a solid investment, at least in comparison to RCAT. But this forum is about RCAT. Just looking at the face of it: bought 5 or 6 different companies, and it's down to 1 now. Owners of the companies that were spun off to UMAC are retired now (as was the plan), or at least no longer involved in the company. UMAC was spun off as the consumer segment, and all they are talking about is going after defense contracts now. So, the scam continues at UMAC just on a smaller scale.

I'm sure there will be more mergers on the horizon to justify further dilution. I hope Teal owners are smart enough to sell into any strength to make sure they end up with something at the end of all of this. Because eventually RCAT will not have enough firepower to manipulate the stock price to maintain NASDAQ listing to offload shares into some ETF that just buys it blindly for "diversification" - or the dumb fools here :)

You may be right
Drone companies are a dime a dozen
After hitting that 52 week high the price declined to where it traded a couple months ago
Worth watching for an entry and wash rinse repeat

You forget the purpose of this stock - it's an exit vehicle for failed drone company owners. It will never go up, since owners will start selling into any strength. the only thing you can count on is that they will keep manipulating the stock to surge over $1 to prevent a de-listing every now and so often.

The higher it goes over $1, the more you can short it. The more it goes below $1, the more you can close the positions and/or go long.

(not financial advice, obviously)

Source: Mike Mareen / Shutterstock.com
Red Cat Holdings (NASDAQ:RCAT) is another drone company that specializes in recon. It reported outstanding results for its Q3 FY2024 that once more surpassed its forecast guidance. It posted 250.6% YOY revenue growth for Q3. This put sales at $5.85 million in the recently reported quarter. A big star of their show is the Teal 2 drone, which is gaining significant popularity with the Department of Defense and many NATO countries.

What excites me the most is Red Cat’s strategic software partnerships that could dramatically boost their gross profit margins. Red Cat is positioning itself to achieve profit margins of 65% or higher. If customers opt to add multiple complementary software options, margins could even approach 85%.

While organic expansion remains the foundation of its success, Red Cat is also pursuing lucrative prospects, such as the SRR program of record. However, even without securing these larger contracts, I believe they have a clear path to reaching operational breakeven as they continue gaining market share in the small unmanned defense sector. Full-year revenue growth is also expected in the high 80s, and the same is expected next year.

I see juicy upside, and so do most analysts who cover this stock.

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These drone stocks have solid potential for substantial gains as the demand for unmanned aerial vehicles surges across military and commercial applications.
DroneShield (DRSHF): A leader in counter-drone technology witnessing explosive revenue growth and profitability.
Unusual Machines (UMAC): This drone manufacturer is expanding into the defense sector.
Red Cat Holdings (RCAT): A reconnaissance drone specialist experiencing rapid revenue growth.

Forming an industry group demonstrates commitment to what they are doing.

RCAT new 52 week high (I am impressed)

RCAT new 52 hi

BUY these dips, it won't stay down for long.
$ RCAT

BUY,BUY,BUY!

“Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations

GLTA

$ 1 ????? we headed to $ 2 dollars now. hehehehehe

$ 2 dollars UP next !! RCAT $$$

8 more days above $ 1 , and we're nasdaq $$$$$$$

RCAT -this kitten has claws !!!!

I wonder how much time we have to get it over $1 before NASDAQ delists?

GLTA

I've been saying this for years, but the bag holders in here just won't comprehend. Fine for me, I've shorted from the very start and I've exited my position several times and re-entered after the press releases that lured in even bigger idiots. Part of why posting here is so much fun.

To be honest, I still hope that this kind of theft is going to be brought to justice, especially since it's so brazen and tax payer funds are involved now. Something should be done eventually - one can only hope.

Excellent appraisal of a nano cap company that appears to be in business simply to enrich four or five guys, not all that unusual when it comes to third tier Nasdaq companies
There are literally hundreds of them
Patrick Boyle calls them zombie companies, and he’s not the only observer of corporations who has used zombie to describe money losing companies continually borrow money al less than favorable terms to remain operable
The bull market, which began in November 2022, hasn’t yet trickled down to the nano cap micro cap and very small cap sectors the way it has for mega cap giant cap large cap and mid cap sectors
A case in point: Curtis-Wright (CW) is a mature small to mid cap company
i didn’t purchase some shares in 2022, but I did buy in 2023 as the stock was making new 52 week highs
So let’s do a three year comparison to demonstrate how, in my opinion, the smart money is deploying its capital

After reading this 10Q I'm wondering at which point the participants will be arrested for theft. Consumer segment has 1.1M of revenue and 1.7M cost of goods sold? 100k of marketing a month? So they were basically stealing about 0.5M a month from operations, because a trading business doesn't buy higher than they sell goods for, so they are overcharging themselves and sifting off cash. And a YouTube channel of their scale doesn't cost 100k a month to run.

And that's just the consumer business ("discontinued operations"). The ongoing operations are trying to make you believe that a $15'000 drone costs $12'000 to make (comparable systems are sold at BestBuy for less than $1000).

Despite all of that, they're also paying out stock based compensations to the tune of $3M a year. It's just laughable. Can't wait for the next pump to short this piece of trash on the way down again. $0.8 is still a $0.9 premium

RCAT 10Q due 3/18

Amazon re-invested in the business, RCAT into executive compensation. Amazon's marginal cost structure improved with growing revenue, RCAT's marginal cost is getting worse. It doesn't take a genius to figure out the reasons behind it, or the future trajectory. RCAT got a life-line with the current environment, but that will run out and then the stock will completely unwind.

The people inside the company know this, which is why they're selling everything they can and pulling as much capital out of the company as possible, while pumping the stock with PRs such as the one yesterday.

You don't actually have to over-analyze this. Just look at the fundamentals: A company that was formed through a reverse-merger bought several drone companies while bringing no value to the table (they used your money for it after all). All acquisitions were advertised as strategic and visionary to some combined benefit and all but one have since either unwound, closed down or passed on to another company. Meanwhile the owners exited with plenty of cash which the stock paid for (and continues to pay for) by decreasing in value.

And you're here telling me some story about increasing revenues and making comparisons to Amazon ... just like the owners, with the exception that you're not in on the gravy train but funding it :)

Yes but Nick. Give me revenue increase everything else will follow. Remember the early days of Amazon. Takes time mate

GLTU

they still aren't making money. notice how they only mentioned revenue?

profit is still basically zero, so no matter how much revenue increases, they're still treading water while paying themselves millions and diluting shares.

News like that and we’re not $1?????

WTF!

GLTA

I've been telling you something is going on for years. They are slowly divesting of their company ownership on your dime. It's a slow-motion rug-pull :)

... based on the news of acquisition of a company that they're now desperately trying to get rid of.

Oh Nick! We’ve been friends longer than those figures, silly. Remember when RCAT went from .86 to 7.50? Those were the days! You haven’t forgotten? I haven’t. Anyways, I wish you a Merry Christmas! I hope you’re not just a bot :)

You can’t tell me something is not going on here!

GLTA

You know you've been saying that at $2, $1.50, $1 and now $0.5. Ironically, the owners are cashing out rapidly to the tune of several million dollars each quarter. They don't seem to agree with you :)

Soon, very soon. Don’t worry Nick :) A silent bag holder, but I’m still here :) Great time to buy!

'tis but a scratch, eh? :)

NO, but suddenly the rocket is stationed on the pad

GLTA

Are we there yet? :)

It was obvious from the start, but nobody believed it. The silence by bullish bagholders is deafening :)

.50 less related commissions and expenses!?
They should offer free ass wipe for that arse!
Good grief. Can you spell d-e-s-p-e-r-a-t-e?

I took it up the brown eye here