Obalon Therapeutics, Inc. (OBLN) Social Stream
Featured Post From StockTwits About OBLN
$OBLN wtf still showing 3.05 on my TD account. 😡😡 I want to unload some as I’m over my average now and my bags have been heavy for me nths n months!Davealters, published June 16, 2021
Other Notable StockTweets About OBLN
$OBLN The exchange ratio for the merger is 1.6911. RSLS shareholders will receive 1.6911 shares of OBLN for every share of RSLS that they own.
RSLS is currently at $6.20. At the 1.6911 exchange ratio, the equivalent price for OBLN is $3.67. A higher price and the RSLS shareholders will see a gain when they exchange their shares. OBLN lower than $3.67, they will see a loss after the exchange.
Let's see if OBLN can close above $3.67.
A number of large investors have recently added to their stakes.
Armistice Capital LLC boosted its position in Obalon by 48.6% in 4th Q.
Armistice Capital LLC now owns 1,100,000 shares of the company’s stock valued at $1,650,000 after purchasing an additional 360,000 shares during the period.
Renaissance Technologies LLC purchased a new position in Obalon in first Q valued at about $185,000.
Geode Capital Management LLC lifted its position in shares of Obalon by 388.2% in first Q. Geode Capital Management LLC now owns 57,161 shares of the company’s stock worth $161,000 after buying an additional 45,452 shares during last Q.
HighPoint Advisor Group LLC acquired a new stake in shares of Obalon in the 4th Q worth about $205,000.
Virtu Financial LLC lifted its position in shares of Obalon by 48.0% in first Q. Virtu Financial LLC now owns 40,243 shares of the company’s stock worth $113,000 after buying an additional 13,050 shares in last quarter.
$OBLN folks we have first to BREAK that Downtrend Channel at the 30min chart and we NEED much more Volume! Hopefully we have more Buyers now and more Attention at Atlas Trading Group with 250k members cause this guys have Big pockets to buy it up for a run...MisterShahidi, published May 26, 2021