November 18, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Alliance Entertainment Delivers Strong Q1 FY 2025 Results, Driving Profitability and Operational Efficiency
 
Alliance Entertainment (Nasdaq: AENT) reported $229 million in Q1 revenue, fueled by growth in vinyl (+4.8%), CDs (+4.0%), physical movies (+13.2%), and gaming products (+8.6%). Higher-margin Direct-to-Consumer sales now comprise 34% of gross revenue, up from 30% last year, bolstering profitability. Key achievements include a 23% reduction in distribution expenses and a 33% decrease in revolver debt, improving liquidity. Net income reached $0.4 million, a $3.9 million turnaround, with Adjusted EBITDA up 161% to $3.4 million.
 
 
 
 
 
 
 
 
VSee Health Reports Q3 Revenue Up 131% Year-over-Year
 
VSee Health’s (Nasdaq: VSEE) Q3 2024 revenue surged 131% year-over-year to $3.4 million, driven by its iDoc acquisition and increased demand for engineering and integration services. The company launched initiatives like Aimee, a virtual care platform for uninsured patients, and a telehealth-enabled sea ambulance program using Starlink, while partnering with Ava Robotics for remote ICU care. New agreements with SkywardRx and Seven Corners Correctional Health expanded its reach to enterprise clients and federal prisons. Looking ahead, VSee’s strategic initiatives and robust client base position it for long-term growth in the rapidly evolving telehealth market.
 
 
 
 
 
 
 
Enlivex Advances Allocetra Trial for Knee Osteoarthritis with First 10 Patients Dosed
 
Enlivex Therapeutics (Nasdaq: ENLV) has dosed the first 10 patients in the Phase II stage of its multi-country trial evaluating Allocetra for moderate to severe knee osteoarthritis. Following a successful Phase I safety run-in, the Phase II portion is a randomized, placebo-controlled study designed to assess the safety and efficacy of Allocetra injections on joint pain and function over 12 months. With no safety concerns reported to date, the company aims to address the critical need for treatments that can potentially modify the progression of osteoarthritis, a condition impacting over 300 million people globally.
 
 
 
 
 
 
 
 
 
 
ASP Isotopes Partners with Necsa to Develop Advanced Nuclear Fuel Facility in South Africa
 
ASP Isotopes (Nasdaq: ASPI) signed an MOU with the South African Nuclear Energy Corporation (Necsa) to collaborate on the research, development, and production of advanced nuclear fuels, including HALEU for Small Modular Reactors. The proposed facility, to be built at South Africa’s Pelindaba nuclear research center, aims to address global nuclear fuel supply chain challenges and support decarbonization efforts. This partnership is expected to re-establish South Africa as a leader in nuclear engineering while creating significant economic and employment opportunities. ASP’s proprietary enrichment technologies promise efficient, cost-effective fuel production to meet rising global energy demands.
 
 
 
 
 
 
 
Can-Fite Doses First Patient in Phase IIa Trial for Pancreatic Cancer Treatment
 
Can-Fite Biopharma (NYSE American: CANF) has begun dosing patients in a Phase IIa trial evaluating Namodenoson for advanced pancreatic adenocarcinoma, following recent Orphan Drug Designation from the FDA. The study, conducted in Israel and the U.S., will assess the safety, clinical activity, and pharmacokinetics of Namodenoson in patients whose cancer has progressed after first-line therapy. Namodenoson, an oral drug targeting the A3 adenosine receptor, has shown promise in other cancers due to its selective action on diseased cells, offering a potential new option for patients with limited treatment alternatives.
 
 
 
 
 
 
 
Recent Research Coverage Updates
 
Company Rating Price Target Firm Report Date
ASP Isotopes (Nasdaq: ASPI) Buy $4.50 Cannacord Genuity October 4, 2024
LOBO EV (Nasdaq: LOBO) Buy $5 Zacks Small-Cap Research May 15, 2024
GreenPower Motor (Nasdaq: GP) Buy $1.65 Roth August 15, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $13 EF Hutton August 27, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 RF Lafferty September 11, 2024
GreenPower Motor (Nasdaq: GP) Buy $5 Maxim July 2, 2024
GreenPower Motor (Nasdaq: GP) Hold n/a BTIG July 1, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 Roth April 1, 2024
BioVie (Nasdaq: BIVI) Buy $3 ThinkEquity July 1, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Ladenburg Thalman June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Rodman & Renshaw June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $2 RW Baird May 14, 2024
Unusual Machines (NYSE American: UMAC) Buy n/a ThinkEquity June 17, 2024
Soligenix (Nasdaq: SNGX) n/a $4.15 Zacks Research June 14, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $6 HC Wainwright June 11, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Hold n/a HC Wainwright June 6, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Buy n/a Ascendiant May 21, 2024
American Resources (Nasdaq: AREC) Buy n/a HC Wainwright June 3, 2024
 
 
 
 
Small Stocks, Big Money™ Podcast
 
The podcast features in-depth interviews with CEO’s from the top names in small-cap stocks, providing listeners with a unique perspective not found anywhere else.
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Upcoming Events
 
 
18
 
 
Nov 2024
 
NASDAQ: PEV - Phoenix Motorcars
4:15pm Eastern
 
Phoenix Motor Inc is an electrification solutions provider for the commercial vehicle industry as well as other industries. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium-duty electric vehicles (EVs) and markets and sells electric vehicle chargers for the commercial and residential markets.
 
 
 
 
 
 
 
3
 
 
Dec 2024
 
NASDAQ: VSEE - VSee Health
4:15pm Eastern
 
VSee Health is a software-as-a-service (SaaS) platform that enables clinicians and enterprises to create their telehealth workflows without programming.
 
 
 
 
 
 
 
4
 
 
Dec 2024
 
NASDAQ: GP - GreenPower Motor Company
04:15pm Eastern
 
GreenPower Motor Company is advancing the adoption of electric vehicles (EVs) by making all-electric buses and trucks affordable, durable and easy to deploy.
 
 
 
 
 
 
 
5
 
 
Dec 2024
 
NYSE American: MMA - Alta Global Group Limited
04:15pm Eastern
 
Alta Global Group Limited is a technology company that is seeking to increase consumer participation in martial arts and combat sports whilst building upon existing community offerings within the sector.
 
 
 
 
 
 
 
Archived Events
 
 
13
 
 
Nov 2024
 
NASDAQ: ASPI - ASP Isotopes
4:15pm Eastern
 
ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries.
 
 
 
 
 
 
 
12
 
 
Nov 2024
 
NYSE: MUSQ - MUSQ Global Music Industry ETF
4:15pm Eastern
 
The MUSQ Global Music Industry ETF (NYSE: MUSQ) aims to invest in the most attractive segments of the global music industry.
 
 
 
 
 
 
 
11
 
 
Nov 2024
 
NASDAQ: IINN - Inspira Technologies
4:15pm Eastern
 
Inspira™ Technologies is an innovative medical technology company in the life support and respiratory treatment arena.
 
 
 
 
 
 
Quote of the Week
 
"Knowing when to sell a winner can be a very elusive skill. It often makes sense to keep a small percentage of the shares for idiot's insurance."
— Byron Roth, ROTH Capital
 
 
RedChip TV
 
 
 
 
RedChip Highlights MUSQ Global Music Industry ETF (NYSE American: MUSQ) & OKYO PHARMA (NASDAQ: OKYO)
 
 
 
 
 
 
 
Order "Small Stocks, Big Money™ Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
Assessing your tax exposure before selling a position can help maximize gains.
 
 
 
 
 
 
 
MidSouth Week in Review
 
The benchmark 10-year Treasury yield topped 4.5% for the first time since late May.