SOS Ltd. SOS stock popped last month but now is down more than 50% off its all-time highs, and that might not even be enough. No matter the cause, though, the results could be detrimental to the SOS stock price. SOS serves clients in China. What Is NaturalShrimp (SHMP)Stock Poised To Gain Owing To Recent Moves? All rights reserved. Data analytics company SOS Limited (), which also runs a large cryptocurrency mining operation, lagged behind its peers with a 9.5% gain at press time.Two noted short-sellers targeted SOS … SOS Limited is a China-based company that has been trading on the NYSE since 2017 as American Depositary Shares, or ADSs.SOS was previously named China Rapid Finance. 1125 N. Charles St, Baltimore, MD 21201. Culper’s 19-page report goes into more detail. In other words, speculators are choosing to ignore this stock’s many warning signs. However investigative research had led to finding out that the company had posted several fake and dummy photos as well as inaccurate press releases which called out to be misrepresenting and bogus. PR Newswire-38.44%. Yet, that doesn’t make a great opportunity. SOS Limited (SOS) Investigation: The investigation centers on the accuracy of SOS’s claims concerning its cryptocurrency mining assets and capabilities. QINGDAO, China, Feb. 23, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that the 5000 PCS of crypto mining rigs, which were the first batch of delivery received on February 9, 2021, have gone live today. That the shorts are just distorting the truth to make a bear case? A news release from SOS Limited reveals that Dr. Eric H. Yan now works for the company. Up until recently, SOS's financial results have struggled and its stock price has languished. This would have caused investors shares to dilute and now that the market force is generally pressured towards selling stocks, the investors are selling their new ADRs as well. Please enter your username or email address to reset your password. To top it all off, what if crypto prices crash from here? SOS plans to invest heavily in the crypto mining business to take advantage of … SOS Limited Announces Exercise of Warrants for Approximately $96.7 Million in Gross Proceeds PR Newswire Thu, Feb. 25 SOS Announces the Receipt of the Second Batch of 5000 Pieces of Crypto Mining Rigs SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced its crypto mining plan. So, what’s the play here? Source: Bplanet / Shutterstock.com Even after the release of two scathing short reports, […] In fact, the photos belonged to SOS Ltd’s rival RHY’s company photos published on their website. Consequently, it’s more than 750% up year-to-date. Newly installed SOS limited mining rigs .Repost from Reddit I do not own video The now-known Mongolia SOS Insurance Agency Co. Ltd. (Inner Mognolia SOS) can conduct sale of insurance products and collect insurance premium. Another one entails the dubiousness of its recent purchase of more crypto mining equipment. Company Name: SOS Limited, Stock Symbol: SOS, Industry: Cryptocurrency Industry, Total Posts: 478, Last Post: 3/10/2021 8:32:52 PM SOS News: SOS Responds to Frequently Asked Questions from its Shareholders 03/09 SOS LIMITED SECOND MINING LOCATION ☺️☺️☺️☺️☺️☺️☺️☺️. 2021 InvestorPlace Media, LLC. SOS plans to invest heavily in the crypto mining business to take advantage of the growing investors’ realization of the values and potentials of the crypto assets. Even the address given on the company’s website for its headquarters was found out by Hidenburg research to be location of a three-star hotel instead. With the rising price of … So the same guy who held SOS press conference is the same guy on the mining rig video for SOS Limited To the moon people . The company is offering more of its stock as warrants. Announces its Aspiring Crypto Mining Strategy and Plan. Article printed from InvestorPlace Media, https://investorplace.com/2021/03/sos-stock-takes-the-cake/. SOS Ltd. Enters into the Purchase Agreement to Acquire 15645 Mining Rigs, BTC Hash Power 527P, ETH Hash Power 1056G PRESS RELEASE PR Newswire Jan. 21, 2021, 02:30 PM QINGDAO, China, Jan. 13, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced its crypto mining plan.SOS plans to invest heavily in the crypto mining … A news release from SOS Limited reveals that Dr. Eric H. Yan now works for the company. Given the high operating leverage with crypto miners, this stock has posted outsized gains relative to the underlying performance of Bitcoin. The company went further on to give more additional warrants for 23.88 million more ADRs for $7 per ADR. SOS plans to invest heavily in the crypto mining business to take advantage of the growing investors’ realization of the values and potentials of … SOS Limited then announces on January 13, 2021, their “Aspiring Crypto Mining Strategy and Plan", in which they reveal a rough roadmap of their aspirations of venturing into the blockchain/crypto mining space. Crypto Mining Stocks Are Risky, but SOS Ltd Stock Takes the Cake Even if the short allegations are wrong, SOS stock is a dicey proposition By Thomas Niel Mar 12, … Similar to the situation with other mining plays, its recent outsized gains could quickly shift to outsized losses. The difficulty for mining BTC is set to rise over time, and with the capital-intensive nature of the business, this company could experience hiccups. (MODS READ THE DD AND UNDERSTAND BEFORE REMOVING) Reddit After which now follows an investigation into these claims by shareholder attorneys Hagens Berman. The 2021 Backdoor Crypto Portfolio (free) Even if you’re not actively in Ignoring the allegations against SOS stock, for now, let’s assume everything’s on the up-and-up with the company. Recently, SOS has outlined its strategy in blockchain and cryptocurrencies, which include a series of initiatives to expand its business into cryptocurrency mining as well as cryptocurrency security and insurance. SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today it has entered into a purchase agreement to procure 14238 BTC mining rigs with … SOS Limited (NYSE:SOS) stock price grew by 5.27% with the current price being at $5.78. SOS Ltd. Enters into the Purchase Agreement to Acquire 15645 Mining Rigs, BTC Hash Power 527P, ETH Hash Power 1056G PR Newswire QINGDAO, … The mining website was basically created 2 weeks after the announcement from SOS, that pretty much says it all. 1125 N. Charles St, Baltimore, MD 21201. QINGDAO, China, Jan. 13, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced its crypto mining plan. SAN FRANCISCO, March 10, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Restricted (NYSE: SOS) buyers to submit their losses HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company “Fabricated” Crypto Mining Purchases - Crypto Global Report QINGDAO, China, Jan. 13, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the “Company” or “SOS”) today announced its crypto mining plan. Investors now most obviously fear the risk of investing in SOS stock. What happened Shares of SOS Limited (), an insurance-marketing business turned cryptocurrency miner, fell sharply on Thursday.The price of Bitcoin and … What Did the Stock Market Do Today? Earlier in February the Company announced acquisition of 5000 crypto mining machines while almost 2 weeks ago it announced the launching of cloud crypto center established in Hejian County. Crypto Mining Stocks Are Risky, but SOS Ltd Stock Takes the Cake, Don’t Let Reddit’s r/WallStreetBets Become Your QAnon >>> READ MORE, 7 Biotech Stocks With Catalysts That Go Far Beyond Covid-19 Vaccines, Louis Navellier and the InvestorPlace Research Staff, Disruptive Innovator Canoo Has HUGE Upside Potential. Hagens Berman urges SOS Limited investors to submit their losses now. As Bitcoin (CCC:BTC-USD) prices have remained strong, so have the prices of crypto mining plays like SOS Ltd. (NYSE:SOS). As I discussed in a recent article on Marathon Digital, betting against this hot sector isn’t worth it until Bitcoin trends lower. The volume of... XLM is dropping as Bitcoin resists to reach $57,000. Why the stock of Enveric Biosciences Inc. (NASDAQ: ENVB) is on the rise today? 3 Big Stories to Catch Up On. SOS … SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS”), provides wide range of data mining and analysis services to its corporate and individual members, such as insurance companies Fake pictures of SOS Ltd’s mining operationsNews about the company’s mining activities have started to question company’s authenticity.The tide of selling-off can most probably be set in motion by the increased amount of claims of fraudulent activity by investment research firms like Hindenburg Research and Culper Research. As I put it in my recent article on Marathon Digital, buying cryptos directly remains the better way to play this trend. Hindenburg’s report, issued as a series of Tweets, points out several major discrepancies. In August 2020, the SOS company acquired its insurance brokerage qualifications in China and also acquired 100% equity interests of Inner Mognolia Post Insurance Agency Co. QINGDAO, China, Feb. 9, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that it has received 5000 PCS of mining … Between the risk that Hindenburg and Culper are on the mark, and the possibility of an eventual crash in crypto mining stocks, going long today doesn’t look like the best move. The company's chances for success are bolstered by highly accomplished Wall Street veterans combined with top Chinese talent. Then on January 2021, The Company announced its crypto mining plans for investing heavily into acquiring mining machines and benefitting from growing investor’s interest in crypto assets. Said hiccups could come from mining less crypto than projected or, worse yet, from falling crypto prices. SOS Limited (SOS) Investigation: The investigation centers on the accuracy of SOS's claims concerning its cryptocurrency mining assets and capabilities. Stellar (XLM) is one of the stellar cryptocurrencies in the market.... © 2020 Stocks Telegraph - All Rights Reserved. We will continue to search for cheap and sustainable power plant to execute our aspiring strategy of cloud crypto mining." This website uses cookies. SOS limited fought back by issuing a statement on its website regarding these claims being false accusations only to be made for the economic benefit of the short sellers. SOS Ltd. Enters into the Purchase Agreement to Acquire 15645 Mining Rigs, BTC Hash Power 527P, ETH Hash Power 1056G January 21, 2021, 8:30 AM EST SHARE THIS ARTICLE On the flip side, a crypto crash would fuel a massive sell-off resulting in outsized losses. SOS Limited is a recent entrant into the cryptocurrency space. In short, Culper’s conclusion is that the company is engaging in these activities to support a “pump and dump” of SOS stock. SAN FRANCISCO, March 10, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Restricted (NYSE: SOS) buyers to submit their losses HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company “Fabricated” Crypto Mining Purchases - Crypto Global Report The company’s stock price has collected 36.27% of gains in the last five trading sessions. Even if its mining operations are legitimate, this industry is far from being a license to print money. Bitcoin’s continued strength may save the day for SOS in the near-term. SOS Limited is a crypto mining company that has been beefing up its business lately. Given that crypto mining is much harder than it looks, this company could stumble down the road. Given this sector’s riskiness, and the possibility the shorts are correct in calling this company out, avoid SOS stock. SOS Limited (NYSE:SOS) went down by -6.07% from its latest closing price compared to the recent 1-year high of $15.88. Copyright © SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of … 3 weeks SOS Limited or SOS Ltd DD. This had allowed SOS to gain $96.7 million in proceeds. A company that recently has entered the crypto mining market and SOS Limited provides emergency rescue services. Yet, so far this negative development has little made little impact. At the ring of the bell on Wednesday, the stock of NaturalShrimp (OTC: SHMP) was up 11.76 to close at... VeChain focuses on sustainable energy and is one of the pioneers in the blockchain industry. Initially, the short reports did cause SOS stock to dip, as seen from its 23% decline on Feb 26. The Chinese-based company SOS Limited, yesterday unveiled plans to make a large investment into the crypto mining business, in order to exploit what it sees as the huge potential in crypto assets. SOS Limited [NYSE: SOS] traded at a low on 01/27/21, posting a -5.36 loss after which it closed the day’ session at $2.12. The analysts also questioned whether SOS had actually purchased the claimed mining rigs, as the firm SOS purportedly bought the mining rigs from was a fake shell company. Chalk up Mr. Market’s indifference to continued “meme stock madness.”. SOS Limited Technical Levels To Watch Tyler Bundy Wed, 10 Mar 2021 14:03:21 -0500 8 Financials Stocks Showing Unusual Options Activity In Today's … Even after the release of two scathing short reports, shares remain far above where they were at the start of 2021. SOS stock popped last month but now is down more than 50% off its all-time highs, and that might not even be enough. The Company offers marketing related data, technology, and solutions to emergency healthcare services. That is to say, its crypto mining operations aren’t what they claim them to be. quotes delayed at least 15 minutes, all others at least 20 minutes. Source is from one of our dear members on SOS telegram group, he was also one of the first people that contacted Russell Krauss. Sos Mining is the brand of BIT HOURS LTD. SOS MINING is an industry leading of Bitcoin, Dogecoin and Litecoin mining pool. Dr. Huazhong (Eric) Yan, Vice President of Operation who spearheads the Company’s planned cryptocurrencies security and insurance operation will also be responsible for the crypto mining business. Photos posted by SOS Ltd claiming to be pictures of recently acquired A10 Pros were actually identified by the Culper Researchers to be Avalon’s 1066 miners. QINGDAO, China, Feb. 9, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that it has received 5000 PCS of mining rigs ahead of schedule on Feb. 9, 2021, fi... InvestorPlace - 1 month ago The SOS ADRs have dramatically fallen. SOS Ltd. Enters into the Purchase Agreement to Acquire 15645 Mining Rigs, BTC Hash Power 527P, ETH Hash Power 1056G Provided by PR Newswire Jan 21, 2021 1:30 PM UTC The Hidenburg Research and Culper Research claim that SOS is an elaborate “pump and dump” scheme that claimed to have bought 15,000 mining rigs on 21 January only to give doctored photos of the crypto miners. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Yesterday, the closing price for BIGG Digital Assets Inc (OTC: BBKCF) was $1.6110. Copyright © 2021 InvestorPlace Media, LLC. Just like other names in the sector, it’s too risky to bet against it right now, but that doesn’t mean it’s a buy. SAN FRANCISCO, March 5, 2021 /PRNewswire/ -- Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses now. VeChain (VET): A Crypto that extends its network across broader markets. All of the mining power is backed up by physical miners. The analysts also questioned whether SOS had actually purchased the claimed mining rigs, as the firm SOS purportedly bought the mining … In their press Why Sight Medical Inc. (EYES) stock is soaring high? About SOS Limited SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China . All rights reserved. SOS (NYSE:SOS) +10% plans to invest heavily in the crypto mining business to take advantage of the growing investors' realization of the values and … Jan-08-21 09:15AM : SOS Ltd. PR Newswire. Is that why renewed hope is swirling around BIGG Digital Assets Inc (OTC: BBKCF)? Bottom line: even though crypto mining stocks overall are risky SOS stock takes the cake with the aforementioned red flags, so stay away. SOS plans to invest heavily in the crypto mining … Nasdaq Announces Pricing of Approximately $25.0 Million Registered Direct Offering. These warrants come in the shape of American Depositary Receipts (ARDs) are the ones available for trading in the US, and investors recently came under the pressure of selling these ADRs for $4.05 each and acquired 23.88 million. (MODS READ THE DD AND UNDERSTAND BEFORE REMOVING) It’s a diamond in the rough. SAN FRANCISCO, March 10, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company “Fabricated” Crypto Mining Purchases - Profinancial Markets SOS Limited Technical Levels To Watch Tyler Bundy Wed, 10 Mar 2021 14:03:21 -0500; 8 Financials Stocks Showing Unusual Options Activity In Today's Session Benzinga … Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Data analytics company SOS Limited (NYSE:SOS), which also runs a large cryptocurrency mining operation, lagged behind its peers with a 9.5% gain at … The stock soared 17.59%. Despite the evidence supporting their claims, why have investors shrugged off allegations from the short-sellers? Consequently, it’s more than 750% up year-to-date. We do not sell or share your information with anyone. The firm is investigating possible securities law v... HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company “Fabricated” Crypto Mining Purchases SOS Limited Join Class Action » The Law Offices of Frank R. Cruz Announces Investigation of SOS Limited (SOS) on Behalf of Investors Los Angeles — The Law Offices of Frank R. Cruz announces an investigation of SOS Limited (“SOS” or the “Company”) (NYSE: SOS) on behalf of investors concerning the Company’s possible violations of federal securities laws. Mining with the latest algorithms allows to create as much Bitcoin, Dogecoin and Litecoin as possible. Stocks in this sector may have outperformed the performance of Bitcoin itself, but that doesn’t mean it’s wise to dive into crypto mining stocks today. Thomas Niel, a contributor to InvestorPlace, has written single stock analysis since 2016. Does this mean there’s nothing to worry about? It’s cooled off a bit since early February, but speculative hype continues to play a role in keeping this stock at its current inflated prices. SOS Limited (NYSE: SOS) fell sharply on Friday.The stock price fell by 6.07% with the current price being at $6.50while it previously closed at $6.92. It’s a diamond in the rough. One major allegation involves concerns regarding a photo of its mining rigs. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of … As Bitcoin (CCC:BTC-USD) prices have remained strong, so have the prices of crypto mining plays like SOS Ltd. (NYSE:SOS). According to the press release, SOS had entered a definitive agreement with the Leibodong Hydropower Station in Hejiang to use its electricity and … Join now to get the Stockstelegraph.com pre-market morning brief 100% free. By continuing to use this website you are giving consent to cookies being used. Earlier in February the Company announced acquisition of 5000 crypto mining machines while almost 2 weeks ago it announced the launching of cloud crypto center established in Hejian County. It announed last week that it’s adding 5,000 mining machines to its network. However, as much of a hype and rally these crypto-aspirated news carried, they were criticized heavily by investigative research firms like Hindenburg and Culper Research for their authenticity. What I think happened is that they released the mining purchase news, then noticed how their stock was gaining QINGDAO, China, Feb. 12, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a high-tech company providing a wide range of data mining … Announces its Aspiring Crypto Mining Strategy and Plan PR Newswire QINGDAO, China, Jan. 13, 2021 QINGDAO, China, Jan. 13, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS… The Hagens Berman partner, Reed Kathrein is heading the investigation for what she states to be “false promotion scheme”. SOS is a promising small-cap cryptocurrency mining company with the potential to reach the current valuation levels of its two largest competitors: RIOT and MARA. Not so fast. SOS’s rebuttal (via a press release) likely played a role, but “meme stock madness” and the continued enthusiasm for crypto mining stocks has likely been the larger factor. For example, on Jan. 21, 2021, SOS claimed to have purchased over 15,000 mining rigs for $20 M, and a month later, claimed that 5,000 mining rigs had already gone live. Visit our, Stellar (XLM) Test Network reset is scheduled for 17th March. The company report on January 21, 2021 that SOS Ltd. Enters into the Purchase Agreement to Acquire 15645 Mining Rigs, BTC Hash Power 527P, ETH Hash Power 1056G. SOS Limited’s stocks entered 2021 with a price tag of about $1.4. SAN FRANCISCO, March 10, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company “Fabricated” Crypto Mining Purchases - Profinancial Markets Want more SOS? SOS stock is on the move again Monday as SOS Limited responds to claims by short-seller Hindenburg Research. The crypto mining operations are handled by SOS Information Technology (SOS) which is a subsidiary of SOS Limited. The HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in SOS Limited (SOS) to Contact its Attorneys, Analyst says Company "Fabricated" Crypto Mining Purchases - Profinancial Markets Furthermore, MarketWatch data reveals that the ADR shares have surged to above $15 in … The post SOS Stock: 5 Things to Know About Blockchain Security Play SOS Limited appeared first on InvestorPlace. CCIV Stock: The Lucid Motors EV News That Has Shares Soaring Today, Ethereum Prices Set to Go Ballistic on NFT Mania, 4 Great Growth Stocks That Could Double Your Investment, 7 Penny Stocks That Wall Street Thinks Are Undervalued, It’s Onwards and Upwards for Stellar Lumens. Many investors are of the view that SOS Ltd should respond to these allegations which has been floating around for a week, if not then many will pull-out of the stock due to fear of these allegations and investigations. Beautiful ’S ... (SOS limited) just now!! Here's what to know. The crypto mining operations are handled by SOS Information Technology (SOS) which is a subsidiary of SOS Limited. The company has seen the potential in setting up crypto cloud mining sites in certain areas in China where energy costs are extremely favourable. About SOS Limited SOS … On the date of publication, Thomas Niel held a long position in Bitcoin. The … As InvestorPlace Markets Analyst Thomas Yeung broke it down March 1, short reports from Hindenburg Research and Culper Research allege the China-based crypto miner is nothing but a house of cards. Will GeoVax Labs Inc. (GOVX) bean ideal investment for long-term investors? At a time when rivals like Marathon Digital (NASDAQ:MARA) and Riot Blockchain (NASDAQ:RIOT), have waited months to get their hands on new miners, SOS supposedly got theirs in a matter of weeks. SOS signed a power supply cooperation framework agreement with Leibodong Hydropower Station in Hejiang County, Luzhou City, Sichuan Province，Provide cheap and renewable electricity to its cloud encryption mining center Also, even if things are on the up-and-up with SOS, legitimacy doesn’t guarantee it’ll continue to be a winner. SOS Ltd. Jan-06-21 08:00AM : SOS Limited Recent Developments With a membership base of about 20 million in China, SOS is an “emerging blockchain-based and big data-driven marketing and solution provider,” which recently expanded its services into crypto mining, security, and insurance. What happened Shares of SOS Limited (NYSE:SOS), an insurance-marketing business turned cryptocurrency miner, fell sharply on Thursday.