Helios And Matheson: Even Citron's Andrew Left Can't Derail This Rally


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Helios and Matheson Analytics Inc (NASDAQ:HMNY) shares are trading higher by $8.00 (29 percent) at $35.89 in Wednesday's session.

The stock is trading higher for the fifth day in a row, adding 153 percent since its Oct. 5 close of $14.25. it has shrugged off a bearish call from Citron Research analyst Andrew Left, who pegs the true value at $20.00.

See Also: Citron Goes After Analytics Company Up 1,000% In A Month

Unlike the price action in most stocks he targets, immediately plunging, Helios and Matheson has gone straight up since the stock came out of a trading halt following tweet. The stock is now in the $36.00 handle after being halted at 9:55 a.m. EST at $29.74.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Short SellersTechnicalsIntraday UpdateMoversTrading IdeasAndrew LeftCitron Research