ZNB...ZNB...ZNB...I love it. Wish I were in it...just a truly beautiful squeeze in afterhours tonight. Kinda brings a tear to my eye. A straight climb over an hour or two from 1.28 to over 2.10 for an 80% gain. Perfect "Gun Pattern" Chart for these illiquid little plays.
This is VERY similar to what CHSN did yesterday - almost exactly. SO...that means this could be the current trend...at least for this week, maybe next week, too. Keeping my eyes peeled for it, gotta check reverse split tickers around 1:30 or 2PM (Central time), if any are hanging just above VWAP, could be a good place for an entry, and RISK a breakdown of VWAP. Very small risk for a potentially HUGE reward like these.
And then....there was ABTC. I wasn't tracking that GRYP - the ticker doing a reverse split today - was going to merge with ABTC. Crypto ticker. and with BTC running, this one took off from the moment it unhalted and went straight up. Woulda been impossible for me to want to play, but damn. And SEGG (formerly LTRY), just keeps trucking up - no surprise since the Powerball is over $1 BILLION.
Best part of these is that it's indicative of a new month...the little reverse split stock cocoons are turning into butterflies again. Or maybe a Picasso...truly shit, but still considered art. I dunno...I'm reaching.
MSPR: Bio Tech Health Insurance. Ultra Low Float, GREAT risk probabilities. Been scaling in this turd all day. In afterhours they posted several forms to update their dilutive filings...that means they are ready to dilute...doesn't scare me yet. What I'm waiting for is the "pop" and will DEFINITELY sell into it. I'll have my sell order ready, because they WILL dilute into a pop.
OP: Greece Dry Bulk Shipping. Mediocre float, mediocre probabilities for a bottom bounce. Came down some more, hit that $1.10 area that I shoulda been patient for. All good.
GWAV: Metal Recycling. Ultra Low Float, very good probabilities for a bottom bounce. The buy zone was the $6 level - made a double bottom there and bounced 20%. NICE! I think there's room for $8.80, especially on news. Lots of shorts in this, but $8.28 is a key resistance level to get through to make it.
FRSX: Israel Car Sensors. Low-ish Float, REALLY GREAT probability for a bounce at bottom. Checked today and the risk profile changed to the kind that can really go supernova. Just been consolidating here. Potential goal of $3.02+ (possibly $4 on good news).
USAS: Gold/Silver Mining. Large Float, Low risk Probability. This has been uptrending since it split, and is sitting RIGHT AT the breakout level. Totally goes against what I normally would ever trade in this set-up, but GOLD is a HOT SECTOR, I definitely see the potential from $3 - $3.50, and if it breaks $3.50, there's no resistance and could easily go to $5.
ELAB: Bio Tech Aesthetics. Ultra Low Float, Great Risk Probabilities. Had a nice little pop today, but pulled back in AH. Personally, still hoping it comes down to $4.00 level for an entry. Pretty much ALL bagholders in this stock. If anyone got in at $4.60, you're up versus 100% of all other investors in it.
LCID: EV *luxury cars...HIGH float, unknown risk profile. Yep...just keeps tanking. Will watch at $15...there's no support levels other than key psychological levels at this point. At $15, the goal would be $17.45. Risk $14.50.
NOTE on GTI: Wow..it just keeps tumbling, just like GIBO. Who knows how low this can go...that's pretty ugly. Could still take a chance on it at these lows, but would keep a VERY tight risk.
OK...that's enough for tonight...got a late late start. Good luck everyone.
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