Paltalk Inc (PALT) Quote

Back to $1.75

Nice dump halt

Also Cisco needs to convince EU antitrust regulators that it is not a big company that will trample the rights of smaller competitors to complete deal to buy Splunk. Its one extra reason to settle any lawsuits that would make it appear to use its size and reach to stifle competition. The last thing they need is those kinds of headlines before May 13 decision from EU

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

Looks like judge has denied Cisco’s motion for a delay. Trial set for April. Might hasten settlement attempts.

This one is baffling. great news continues to break and it remains stagnant!

They don't have institutions buying yet macd is low...

this Monday? lol

We break to the up side starting Monday $PALT

This stock never makes any sense to me. I thought they had valuable patents, but then the stock trades so low with a market cap equal to about the value of cash on hand.... Which implies that they have no value beyond cash on hand. What gives!??!

PALT: https://www.paltalk.com/

NEWS: https://www.globenewswire.com/en/news-release/2022/06/09/2460107/0/en/Paltalk-Inc-Announces-Acquisition-of-Visicom-s-ManyCam-Assets.html

PALT: Big-time NEWS (click below); could SOAR tomorrow, indeed!!! 23%+ UP on E-Turd's "Extended Hours" view!! May jump-on-it right out of the starting gate!!! (I know that ain't too smart, but HUGE frickin' NEWS!!!)
https://www.globenewswire.com/en/news-release/2022/06/09/2460107/0/en/Paltalk-Inc-Announces-Acquisition-of-Visicom-s-ManyCam-Assets.html

News out, $2.48 AH, go time .

Selling DWAC and getting on board with PALT!

Waiting on the volume !
$PALT

I’m in, looks like it’s about to do something !
$PALT

Grabbed 10,000 shares

Absolutely agree. Exciting!

If Trump/DWAC talk is legit, will go much higher than 5. With every Truth Social delay it becomes more likely that Trump pushes ahead with the rest of his social media strategy and acquires Paltalk to get a jump start.

Could go to 5

Yep

For sure. The chart looks great too

Good action today

I buy

I do not but good volume today

Is there a Paltalk / Trump deal? The relative strength for PALT against the backdrop of such a huge selloff across the board screams that there is something going on and it happening the day after Truth Social launched makes me go hmmmmmmmm. Looks like the CEO is presenting at a conference Friday morning, guess we will know something soon. Anyone on here know what is going on?

More mentions on stocktwits about DWAC and Rumble connections for PALT, plus a noticeable uptick in volume traded. Was all day long too along with several 10k-25K block purchases above the ask price. Also, lots of 200-300 share trades all day long pushed us to green and a very high volume day when most of the market was red

Nothing but thx for the information

Several posts on Stocktwits today about Paltalk being a takeover candidate and several more talking about Paltalk ties with the new Trump Social Media service. The stock traded about 30,000 shares in the first 6 hours and then about 300,000 the last 30 minutes. So I don't know if its one of these or both of these pushing the stock, but no way it goes from not trading to a huge volume like that for no reason. Anyone over here hearing anything?

It’s clear there is already a frenzied battle to build a position here based on after hours games being played. I’m with you Jerry, this looks like anticipation of the gaming/NFT app acquisition.

The best way to look at this is not SP, but MC.
If they do complete that type of acquisition, the U25 demographic will explode and market cap could be propelled from the current $35 million range to 10x that amount, making them an acquisition target themselves in the $500+ mil range.

PALT buying game dev w/ NFT division is what is being said by some closer to the action than I. MACK and JDheart, you two seem to know more than most about goings on at Paltalk and how it will impact the stock - tell us your take.

Good call Mack! You were all over this one. In today's Sea of red, Paltalk was down 7% early this morning, then rallied to end the day up 13%. The fundamentals here are really extraordinary for a NASDAQ listed tech stock. The assets, the earnings, all of it looks like most tech stocks but its valuation is a tiny fraction of most. Thats probably why the CEO just spent almost 1/3 of his annual salary buying Paltalk stock on the open market. This stock is still extremely cheap even after today's move.

Runner runner! Market starting to embrace the fundamentals, when they realize the potential that NFTs have to multiply the earnings 10x, look out.

New DD just released. NFT market could be huge, mechanism already in place with their “virtual gift” exchange.

https://seekingalpha.com/instablog/91894-john-gilliam/5666612-paltalks-nft-pivot-and-social-media-surge

Short Sellers of PALT getting desperate! Did you see the post a few minutes ago about hackers? Supposedly from a Paltalk user. Notice that they just joined Investors Hub today and this is the first message they have ever posted!!!

Hackers on Paltalk! Well then you would think they could pay to secure their servers. They have an exploit allowing a few hackers to go in and menace paying customers by changing their profiles. I have had my photos deleted and my public profile calling me words like fatty. As well as had my entire friend list of 10 years building deleted by these hackers. When telling the manager of their red hats the ongoings they are aware and never do anything. It is been past a year and still nothing is done. Also, they log into people's accounts to boot them off the program as well. Since one instance can only be open per username. They care nothing for their paying customers and aid and abed the hackers. I have proof of it.

From PCC - 11/24 - Buy Paltalk (PALT) - Paltalk approached by suitor may be other indications of interest. Timing of recent sell off suggests stock may be being suppressed by parties seeking to buy the company cheap, seizing on weakness following stock sale to maneuver it lower. PALT sold stock to have cash for acquisition(s), will be entering NFT space and we expect this to be transformative. No intel on target (Props NFT WIP?) but could have Q4 impact and balance sheet transformed in 22.

The skinny - Paltalk sells "virtual gifts" that can only be gifted (not sold) inside the network, with sale of $10.5m+ over last two years, but even higher annual sales prior to merger with Snap. Execs say drop-off was due in large part to focus shift to blockchain dev. Expect sharp revenue spike when NFT version goes live and resources allocated to that line. If demand for $5m+ for virtual stickers that can only be gifted inside the network, how many will they sell of NFT version that can be traded and sold for profit on NFT exchanges? These have near 100% margins, expect to double virtual goods (both stickers and NFT version) sales upon intro but we think that may be conservative given what was sold in prior years and retail demand for NFTs in primary and secondary markets.

Interesting, I'd heard some of that chatter too and now hearing more about others.

Dam*n that 20 year chart is on the up and up lol

$PALT

Apparently Lockheed Martin too "Experienced volatility"

What a crock.

Dwac and palt

PALT - Thursday Rundown, Friday Expectations

Ah I see. Wouldn't hold my breath on that one.

PALT was undervalued in the $3's. Not in the $8's. Earnings are decent, but there's no revenue growth over the last 5 quarters. Maybe that won't matter to the pump & dump momo crowd in this frothy market.

As expected, PALT filed a large shelf offering earlier in the week. Major dilution coming. A bit surprised by the huge pop today, but congrats to those who were holding!

How is it way undervalued?

PALT Good news abound. Earnings beat expectations. Buy rating strong. https://www.barchart.com/stocks/quotes/PALT/opinion

Excellent bounce today ! from 7.00 to 10 ! nice profit

Bounce back up north coming !

#PALT $$$$$$%

hopefully we hear some news soon

8.80 - 815