▲ 1 r/pennystocks
$ONFO the tiny 4m float penny squeeze setup targeting positive EBITDA with 4 acquisitions in the works to ~2x revenue, plus 20% SI, RegSho threshold, high CTB and massive upside potential!
$ONFO 🚀 took a swing into catalysts + a potential short squeeze setup
📰 "Onfolio Signs Exclusive LOIs for Four Acquisitions Expected to Add Approximately $4.1M of Annual Adjusted EBITDA"
The deal:
- 4 exclusive LOIs inked across digital marketing, e-commerce & financial media
- ~$9.4M total trailing revenue / ~$4.1M trailing adjusted EBITDA
- Mgmt says this could ~DOUBLE the revenue run rate + push ONFO to positive free cash flow
- DD + definitive agreements in progress → next catalyst is the close
Now look at the setup 👀
- 🩸 ~4M float / ~$4-5M market cap — confirmed on the May 13 10-Q (6.66M OS)
- 💵 ~7 months of cash on hand
- 🔥 170% cost to borrow
- 📉 20.4% short interest
- ⚠️ Sitting on the RegSho Threshold list
- 📊 Just filled the big gap on the daily, RSI ~34 right at trendline support
Tiny float + heavy shorts + sky-high CTB + RegSho + a real fundamental catalyst that could double the business... that's a lot of dry powder packed into one name.
u/Dat_Ace — 2 days ago
