China was the name of the game last week. Who knows what's in store this week? With a potential for rate cuts, methinks it would be advantageous to research real estate sector...could be some REAL momentum there, especially low floats with good risk profiles.
Here's what I'm in or watching:
KITT: Marine Robotics. Little swimming Johnny 5s are alive. 4 million float (not my fave for this set-up), but still considered a low-ish float. High risk, but still good potential for 30-70% pops. Former Supernova. Loaded with shorts. Waiting patiently for some PR to come out. Goal $4.50+
SDST: Lithium Mining. The Go Juice for EVs, Mobile Devices, and vibrators. Higher float than I like (5 million), but a GREAT probability for a 30-70% bounce at bottom...question on this one is "where is the bottom." I could see the technicals coming down to $2.50 tomorrow on this, which would be a great key level to buy at. It's had a couple hit pieces though, to include lowering its price target and unfortunately a 24-month wait for mining construction to complete. That's a long time for investors to see return on investment. And I'm sure that's brought in some shorts...just need a really good PR to get this to take off now. BUT...fundamentally this doesn't sound good. Might buy at $2.50 and risk maybe $2.40.
TNFA: Bio Tech CBD/Crypto...company of many things. Low float, GREAT probabilities for a 30-70% bounce from bottom. Already hit the 25% on Thursday in afterhours, and did a little pullback on Friday. I'm looking at this as the "handle" of a cup and handle pattern, with the goal to break out of the $4.20s range. Obviously, 30% from the bottom is the goal, which would be $4.20, but I think this could potentially hit $4.95 on good news.
ELAB: Bio Tech Aesthetics. Making sad ugly people happy pretty people through chemical engineering. Go Chem Eng, kids...that's your money making degree right there. ULTRA low float, GREAT probabilities for a 30-70% bounce from bottom. Already up from the $4.30s lows, no reason to get out just yet. $5 is the breakout area that could really see fireworks.
3 New Tickers conducting Reverse Splits tomorrow:
CLSD: Bio Tech Eye Therapies. Low-ish (not awesome) float; high risk. Lots of dilution on this one. It's also a shareholder equity reverse split, which usually dips a little more than average. So even though the double bottom is just a hair away at $4.43, Imo gonna wait until maybe $3.00 or lower...likely lower.
BDSX: Bio Tech Lung Cancer. Lowish float (still not great, but better than CLSD), and also High risk with LOTS of dilution. THis one I would watch for the double bottom at 3.63 area, that's about a 50% drop from where it's at now.
SDOT: Healthy Restaurants...so they say. I dunno, interesting profile. Could be a hot sector in the current health environment, PLUS they just publicized their partnership in another company for a BITCOIN treasury strategy. They use good buzzwords...I like that. Ultra Low float, High risk, but has some good potential for a 30-70% bounce at a bottom. I would like to see them pullback to the $5 range, however, there's a slight uptrend forming. A break of $7.50 could see some momentum in this (weak open red to green type play).
NOTE: SGBX is a storage container ticker, but only has a float of 160,000. That's crazy small. And they need it to be at least 500K. Which means they MUST dilute or be removed from the NASDAQ. Thing is...they could pump the shit out of this, and this is the kind of float that could go to $20-50 with ZERO effort. It could also go to zero with zero effort. If I get in, I'm keeping my position size very small. It could be hella rewarding, but it is not for the faint of heart.
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