 All right folks right back at it here. There's Wednesday afternoon now shortly after 2 30 p.m. Eastern time Welcome on back here this for our afternoon meeting. I should say I want to hop right into it We have the SOS trade still kind of chopping around, but it's more so another stock one that I'm actually in We've been talking about going into this meeting odt that I really want to jump to but great to see everybody live inside our trading room Jason Stefan Ken Kathleen Bonnie Norman and Grant and for all of us in social media Welcome on back Facebook live and YouTube that is so you know hey SOS. I actually have the new snippet I talked about this very briefly in the morning. I didn't have it in front of me at the time So I read it early as far as SOS because I didn't really actually see the headline for from Benzinga This ended up making a huge pop in the after hours yesterday, and then you know this morning showing a lot of a lot of activity I didn't have it on me at the time, but the new snippet. I'll actually bring it up right from my Internet feed here. Give me a quick sec. There we go. So this is what I saw. This was from April 7th This is typed from today, but says SOS notifiers or I guess law firm notifies SOS limited investors Of class action and encourages shareholders to contact the firm So that was the little blurb that I was trying to allude to from the morning meeting earlier You know again, I don't know if that's the official reason as to why we saw SOS spike up as much as it did from yesterday I would like to think it is but there's also something that came out like overnight regarding SOS being named as like a reddit stock I didn't really think that was the reason as to why I was pumping up, you know that much at the time But either way right regardless of the news report. We ended up kind of nailing this call out I mean, honestly, we ended up waiting for the drop off We were thinking it can make a false breakout over six and dump right back down now I thought that there was a much greater chance to see this drop down to five Five dollar whole number and then from there see a really big squeeze So I wish I could say I got in off the low at like 523 But you know, we ended up taking this pretty nicely off 550 later on ended up building a higher low here squeezed back up nicely And then at the time we ended up riding this up towards six made the false breakout from there Which was again kind of expected going into the lunchtime area now Here's the thing and I want to jump to ODT next. I mean, I'm in the straight currently live But it's one that has a pretty good opportunity at making a big move for us heading into the close the ODT stock So let's just jump to that. That was one that we didn't really have on our morning meeting It didn't really make a big move until after the market opened up and I'm gonna compare the two pretty much So the ODT first and foremost ended up making a nice squeeze after the open, right? You know pop from like 350 ish ran all the way up towards near five Now the stock is also shortable So what goes up does come back down and it did kind of provide a decent opportunity on the way down But I didn't really follow that I was following the way up and with the daily chart that you happen to see There's such a big gap on the daily chart that it provides a phenomenal short squeeze opportunity Now where I'm getting to here is that both of these stocks SOS and ODT are extremely heavily traded Just you know in comparison to how much volume it trades day to day or on an average basis and Also in terms of its float. So for instance ODT the volume total across the day today is 37 plus million shares Prior to today across the last 50 days was trading 1.6 million shares on average And that's also kind of inflated based on this day where it got crushed So even before all the big you know stuff that happened on the daily chart It was only trading a few hundred thousand shares on average a day. That's it Now let me look at the SOS stock just jump back to that Pretty much the same thing now this one we are familiar with this stock At least we are pretty familiar with because we ended up trading this just across the last month, right? So it definitely trades a lot of volume day to day still you know prior to today traded like 75 million shares on average a day that numbers also kind of wacky just given some of these bigger You know spikes, but it's to say this SOS the float on this stock is like 10 million shares. That's it So this stock is trading roughly and I tried to estimate this about 10 minutes prior to me doing this meeting Let's just shoot from the hip and approximate this stock is trading about 26 to 27 million I'm sorry 26 to 27 times. It's its float and we look at the ODT trade, which I will just admit to you right now It's got stopped out on this damn thing just took me out right at $4 and 15 cents on this shakedown here, damn I was hoping for a squeeze up and perhaps we'll get it later on today I just think that either way ODT is trading at least, you know less compared to its float Compared to SOS, I think it's trading three to four times its float the ODT trade And that's much less compared to the 26 to 27 times that SOS is trading its float So ODT either way I'm more hopeful for a squeeze up heading into the afternoon to see this try and continue to fill the gap on the daily chart It doesn't happen today that maybe tomorrow. I'm not gonna hold my breath for it either way as a day trade opportunity We're gonna put this on our list because if this doesn't move up at all This just flops and goes the other way and it would provide a continued short opportunity, right? It is shortable So this ODT I definitely will put on our list. I was in SOS just a moment ago, too I was basically writing my whole game plan out to everybody live inside the chat board earlier Which I don't always have the chance to do You know, I told you folks earlier during the morning meeting too. It was kind of more of a quiet day for myself on the coaching end So I was pretty Available to so I was just commenting pretty in-depth regarding my positions here on SOS It was unfortunate, but I realized based on the float and how much it was trading in comparison to its float It just wasn't making the right opportunity at the time So I ended up jumping into this trade it was all 590 here And I was expecting to squeeze up and I ended up getting out just with a scratch trade I got out at 589 and now although it did pop up a little bit look what happened after so I just thought it was pretty exhausted. I'm happy I got out on ODT that thing still seems like it's dropping off a bit You know the ODT trade might make a pull down to four now at this point heading into the Afternoon and hey if it does then I'll try and trade it from there no problem at all I had a pretty strong morning today and that last one that I got stopped out on here Well this one here I should say that was a scratch trade. I ended up soiling a profit I ended up getting out or I getting in at 415 so I had decent chance to try and lock in a good profit But I wanted a lot more So with that with that in mind folks What we'll actually do is just go from top to bottom now at this point I do want to jump to one stock But I'm gonna be patient with it because if you've been following me here at least on social media for all Live in the room you folks know but for anyone on social media that follows me in the afternoons in particular and perhaps from this morning as well and I got some sweet sweet revenge to talk to you about here, but I want to go from top to bottom to begin UT Me new IPO. I know that later was talking about this just before to see a stock open up at like 11 bucks Back on April 6th just yesterday and then now it's at 196. That's crazy I mean that that rarely happens and I guess according to trade station. It's shortable, but as an IPO I don't know how available those shares really are so I don't know It just it's fun to watch fun to look at just to spread those way too big You know way too blank of an order book here IO how about this this ended up making a nice little pop after the open I know a couple of our students called this out and it was a great call I ended up pushing up nicely after the breakout off 265 to 270 and you know for right now trying to make that second-win type of move so You know what I'll keep this on our side list for right now I would I definitely wouldn't be shocked if I just kind of add this on here at the end I just want to go through some of the others It is shortable at least for those of us on trade station and if you if you could short it as well Not on trade station then at least the spreads are tight good liquidity Meaning if it this fails to break out any higher and just dumps back down like the ODT is currently then I'll be a decent opportunity All right, this OUS T my trader's dyslexia Maybe just my bad vision is like making me think that this is the inverse gold ETF dust DUS T the D and the O I keep thinking that so OUS T here at least ended up making a huge pop after the market Opened ended up making like a very similar plays RMO From yesterday right and I'll get to that but you know ended up making the pullback down here at this point Can't short it but you know pulling back down pretty sharply Perhaps this could build support from where it had broken out from roughly like right here off of like 975 ish from the hip there That's 992 actually in this resistance here So it's below that point right now. Maybe this will pop sooner than expected or bounce back up Perhaps it's not a real smooth downtrend line off the high So just be mindful of that But I don't mind adding this to our watch list in hopes of a higher low another move back up Perhaps not to break new highs, but you know if we can see this run back up to 1040. That's a nice little day trade there BNS. Oh again, my traders dyslexia dyslexia kicked in earlier. I thought this was BNG. Oh, I was like getting all excited BNS. Oh ended up making a big pop after the open This seems like a super low float stock got halted like bunched times on the way up once on the way down And that is game over ODT just it's kind of consolidating overpass support actually right off 408 I'm just gonna focus back on that trade just once I finish up this meeting. That's all Archon another kind of relatively lower traded stock or lower lower volume traded stock I should say and making a kind of a light move up here So in CT in this little pop going into 1230 Eastern You have a 13,000 share order on the ask you can just spot that right on the matrix here on the far right side right off of 1050 So that definitely is resistance it looks like a false broke it once already and with that That definitely is a great setup to work with heading into the afternoon. I don't know why ONCT made the pop. I guess I could take a look at the news right now. Not really stressing on time Just to get my browser back up I like I had from before all right, so the quick news snippet on ONCT really quickly for those interested ONCT trading higher after open Heimer initiated coverage with a $14 price target open Heimer also did a Price target. Where was it on this morning? Ah Damn, I forgot the stock that that that open Heimer did that on what was it aim? One of the stocks I put on the morning watch list I believe and maybe I'll get to that in a moment But that's the reason as to why ONCT made the move and at the time when the news came out to have like a $9.20 stock have a $14 price target. It's not like ridiculous But that's not really like too close to the price where it's at right now So let's go pop and hopefully a higher high later on wouldn't be shocking to see it run up to 11 all right a bunch of other like kind of Familiar names that I know are typically like kind of sketchy stocks to look at here going into the afternoon Not a whole lot really happening. I know APDN did run from before. This is just garbage now Pixy and other kind of like Possible and it's squeezing up a little bit Volume really died off on this trade though at even before two o'clock. You could just see that looking at the volume bars there Given how much it dropped off you could see back across the last year You'd like to think it's due for a really big squeeze up and for the times that it has popped Always come back down after if not the same day than the following day after so I Don't know. I'll put this on our side list. Maybe I'll just jump back to it at the end like the IO stock Do you like that IO a trade? See what else we got Definitely want to be picky here because I like the ODT a lot I like the OUST and the ONCT. We had a lot of O's you on our watch list so far The hell snapchat up doing a six and a half percent here interesting I always love snapchat just from its IPO pretty much you know, we've traded it over the years and At this point now it's kind of falling out of our price range, but to see a familiar name like snapchat Number 47 gainer on the gainers list here up six plus percent, you know, I'm trying to make another run up Spreads are tight, you know, I love that part. So, you know what? It's it's expensive But I love the stock will put snapchat on our list here, you know recently just re broke above 6050 See if it could hold a higher low from there move back up towards 61 SLDB familiar name at least just check that out. It's pretty spotty OCGN let's talk about this pretty quickly OCGN was a great trade from earlier today, too So this one I did put on my personal side list going into the market open I don't think I talked about that during the morning meeting, but it ended up making a big squeeze up shortly after the open I didn't catch it right away. I ended up following this more If anything, it was like more on the way up like near near the tops I should say, you know similar to that RMO stock Which we'll get to trust me, but you know the OCGN ended up making the big pullback down It is shortable and that was my opportunity. I ended up jumping in on this trade I took two positions two half-sized positions and ended up making a full 1,000 shares But I ended up taking my first half at 789 and then it popped up a little bit higher I was like crap here we go. It's gonna start to begin to you know do the same thing as RMO You know normally around 11 o'clock at least by then we should expect to see you know reversals or pullbacks or the trend weakening You know perhaps this was a slightly late bloomer off the first real big pop as it broke over seven But you know it ended up pulling back down. So my my entry on this was right from 8 I ended up taking the second half my position more or less from 810 808 So from there it pulled back down and provided a really good opportunity as a short. It was a phenomenal trade I ended up getting out like 750 756 Ended up dropping off a hell of a lot more as you can see I left a fortune on the table perhaps But I'm not trying to hold on to these trades all throughout the day folks So, you know, I'm just gonna take what I can get so hey It was a great trade and still looks like it could drop lower heading into the afternoon So, you know OCGN I really don't mind slipping on our list here to another oh, I guess we'll kind of add to our list here OCGN Just tradable stock, you know familiar name tight spread Not to say it's guaranteed quote-unquote safe, you know If you don't know how to trade it then you know higher chance of you losing money on it But definitely less risky compared to some of those other wacky stocks from before Seal before we move move over to the losers list here because this is also a familiar name We called this out from earlier You know a little bit of a tough trade perhaps for for a couple of us But ended up making a squeeze up towards the eye here 565 hold back You know, this is the stock that I said that a bunch of company or not bunch a couple of different firms ended up doing like a $15 price target on the stock and that's a pretty outrageous Price target compared to where it was trading at like four bucks back then so and still pretty cheap But in relation to that right now, it's not making a strong up a move for this afternoon So, you know, it's a good sideless stock to keep in mind. So we'll just pass for for right now All right, so with that in mind, let's hop over to losers list here We did put the F gen trade on our watch list going into the market open So I was thinking just in both ways right to see this potentially make it that cap bounce or as it did and ended up Just crapping out right away broke down. I mean pretty much instantly We were watching the 24 support level heading into the open We saw a lot of volume traded off of that price throughout the pre-market session But there was no chance for a trade from 24 unless if you held into the market open, which we don't do really here So ended up just completely tanking right away And for right now at least just as an afternoon trade This might be a lot better of an opportunity of a trade for us to take this afternoon compared to the morning It's easy to say now because you know the market open this thing like I'd said just Completely tanked, you know, we try to avoid trading the first three to five minutes So, you know, unless if you chased it and got in much later on which perhaps would have paid off Then there wasn't a trade to take and we're not looking to chase So, you know for this afternoon where I'm getting at here is that with this at the lowest the day right now Perhaps it drops down to 20 and if it doesn't break any lower Given how far it's dropped off today and you know the activity so far if it doesn't break lower Then I'd like to think that we'll get a dead cap bounce opportunity So that's why I like that's why I'm saying this could be an even better trade this afternoon Then it could have been from this morning All right, so I'll put this back on our list the F gen see what else we have the Losers list here actually a few shortable stocks right now near the lows fix fi xx tight spread at the lows Looks like there's you know little support at 740. It's kind of slow and inactive, but You know it could be more of like a level one stock to watch heading into the close with this in mind spreads aren't bad I'll kind of keep this on the side I'll kind of do like a contest between the three or so stocks that have on the side list See see what makes the final cut here geo not a whole lot happening there. All right, so Let's talk about it this RMO might just make the cut at the end of it But you know this I ended up getting my sweet sweet revenge on today. I was very happy to say that so If you folks recall from yesterday afternoon I was saying I couldn't have been more wrong on this move because I was just looking for the short and I only took a Couple of losses on this as it ran up, but I missed the whole opportunity on the long Right, so you know the losses that I took didn't kill me But I just missed out on the whole damn opportunity here because I was expecting a reversal time I was expecting this to pull back down and I just missed it now here at this point going into the close the Final 30 minutes it peaked and then a drop that didn't take the short from there Just I was fooled a couple times So I was a little bit hindered to take this trade again, but hey, you know, it's one of those situations It's fool me once shame on you fool me twice shame on me, right? I know I'm not gonna and you know it actually there's there's a more blunt way of saying this And I phrased it pretty nicely here in the trading room earlier You know, I'm not necessarily the brightest bulb of the bunch here I'm really not there and probably the majority of our students everyone here probably if we'd all took our IQ test I'd be in the bottom tier But the quote that I said was like, you know, listen, I may be stupid But I'm not an idiot like I know this thing is coming back down And I'm gonna be there to take it if this thing is shortable, which it was I will be there to take it So, you know, it popped up at first and that that did throw me off slightly again But it ended up kind of topping off right around 1250. That's where I ended up jumping in on the short. I Ended up riding this down towards 1150. I ended up getting out got back in wrote it down closer to 11 But from that point look at this thing just kept going Just kept going so for right now heading into the afternoon It might just be totally exhausted from the last two days in general between yesterday's massive squeeze up today's massive Pop and drop so to say All right, so I'll kind of put this on the side as well You have almost as many stocks on the side list as we do on the main list Like to just be picky and choosy right now at this point in the day, but if you just jump back to this at the end Lee li making a new low here heading into the afternoon. This was one that we did put on the morning watch list We took a rise off it early just because there were plenty of others just to focus on But this could have been one of the trades of the day so far and we just weren't really there for it So it ended up breaking down shortly after the open broke down below its own twenty four dollar price and and from there Of course as you could see the rest of his history just dropped down lower and lower ended up You know kind of coasting off from twenty three and for right now You know major support off of the twenty two fifty forty four thousand share order roughly sitting on the bid So definitely this lead stock will make the cut See what else we've got here any other familiar names here. You got the riot down ten percent Jeff Just called that called out Mara testing forty six So you know my stance on you know these stocks going into the afternoon I don't have my Bitcoin chart up right now folks. I told you I would have it up heading into this afternoon But unfortunately I don't have it up Bitcoin was tanking I would definitely show it. I don't want showing it Bitcoin dropping although I'm super bullish on it currently bitcoins prices at Just over fifty six thousand so it is dropping off a bit So with that these stocks ended up going with it So if there's more of a drop on Bitcoin perhaps to anticipate that as well on riot and Mara and can an e-bond, but You know my stance on these stocks heading into the afternoon So I would be more mindful to see a dead cap bounce be honest with you here on riot and Mara and all those I'm so happy. I just got out on ODT Hell I might get back in here. I am so happy. I set my stop You know wasting the profit. Yeah, it stinks, but That's nothing compared to holding on to the trade and being down another 25 cents or 20 cents while I'm doing the meeting Right that that would be a shame So, you know what I'm gonna finish up relatively soon so I can get back to this ODT trade I definitely want to trade it heading into the close get a nice discount on this stock now, perhaps All right, folks. Let me know what else you got just across YouTube Facebook live and for all this live inside the trading room here Franco on YouTube asking, are you Italian? I am not Italian. I probably talk as fast as one though, right? Fausto Fausto is Italian Fausto Puglisi. He is the president and founder of cyber trading University. All right So I think that just about does it though folks, right? I got nothing else. I'm Benzinga pro Actually, let me just check maybe one See what the chart looks like at least we'll get a fair shake It's another oh, oh Ncy. It's up 9 plus percent getting a lot of volume filled just recently and looks like maybe a Find out Yeah, over 450 it could have just been an iceberg. Yeah, big iceberg order getting filled look at that Wasn't just a dark pool print. It was a huge order on the ass that just got executed So hey right now on see why I like this one We'll add this to our list and I did say at the end we would we would jump back to the IO and all those others, right? So IO trying to squeeze back up here, you know trading 27 and a half million shares that barely trades over Let's see prior to today at least 1.3 million shares on average. That's also factoring in this huge day. I Don't know. I just feel like this could be exhausted if it pops We'll call it out after we don't need to be perfect with putting you know every stock that's going to move on our list You know if there's if this stock does run going into the close, of course for all of us live inside the room We'll be there to call it out Pixie trade is getting another push up. So PI XY is starting to get another squeeze here This one still looks pretty strong Fixed we put on on the side list this one just pretty slow stagnant set the lows But I don't need to put this on our list and then the RMO at the end here I just feel a little exhausted. I think at the end of it all here folks So I will put pixie on the main list. I'll make the cup So all in all on for all of our students live inside the trading room I'll certainly type this out to you in just a few moments, but we got two four six eight nine stocks to watch heading into the Afternoon for any one of us live inside cyber group that suffers from traders dyslexia Maybe not as bad as me, but if you have your own just try and be careful. You got the ONCY ODT OUS T O-C-G-N cheese, that's a disaster All right, so just be mindful of all of those folks if there's anything else that pops heading into the clothes We'll certainly be there to call it out for all of us on Facebook live in YouTube Fausta We'll be back tomorrow morning as normal. So I hope that you enjoyed me at least in the morning I'll do my normal stuff as always here heading into the afternoons For anyone interested make sure that you like subscribe notify right on our YouTube channel That's YouTube comm slash cyber training you and then outside of that Feel free to join us live inside our trading room Monday through Friday Just go right down to the link on the banner on the banner below to get started All right, folks. I'll talk to you all coming up pretty shortly here. I got a coach coming up at 3 o'clock I'll be back on the mic right at 3 30. Take care