 All right, ladies and gentlemen welcome on back here this Wednesday May 5th shortly after 2 30 p.m Eastern time welcome on back here for our afternoon meeting Let's get a quick sound check for all of us in social media first But for all of us in the trading room, I believe now we are good to go Carol Ron Lynette Jeff Grant all give me the sound check just earlier. I had a small issue Good to go now though Ken says has Cinco Tamayo indeed happy Cinco Tamayo So all it so to everyone that celebrates I'll probably celebrate a little bit later on today. I'm sure it's four o'clock somewhere though, right? So with that in mind, we have this PRPO pushing up nicely at this point heading into the afternoon It's like another day where we're following this trade, you know Two days ago to start the week off on Monday. We saw a nice beautiful run up So a big squeeze up Tuesday morning, but then it dumped back down Closed at the lows like got crushed going into the after hours yesterday and then here we are today Ended up making a big move up I mean, this was a little bit later on heading into this meeting ended up making a very sudden pop from like $4.15 Essentially off the lows squeezed up beautifully. I mean right now at the highs So one thing I wanted to comment on quickly because the charts pretty straightforward There was a pretty big iceberg order just a moment ago I don't have my level for open my book map that is for this trade I wasn't focused on it at all up until right now So I just haven't had the chance to pop it up on my Book map just yet. Let me do that here and as I comment on what's on the order book at least so far You could happen to see at least 29 30,000 shares on the ask at 550 There's gonna be a hell of a lot more that gets filled if that price level gets tested there So just be on the lookout for that. I'm loading up my level four as we speak Shows about 34,000 shares watch what happens here. We'll see if this happens live in front of us The stocks listed through the Nasdaq. Yep. Look at that. The order got filled looks like it wasn't probably a whole lot more than what actually was shown But you could see off the initial breakout that is of that price It's not all squeaky clean, you know a popped above that resistance that 550 But as expected to be honest the first time in which we see see a stock test a major resistance like 550 Regardless of how big it could be, you know, that was that was pretty big about 30,000 shares 34,000 You still expect the false breakout the first test. So to see that pop and drop 10 cents down up. Look at this I don't know if it's shown. Is he is he showing it? Ah Damn, you know what? I'm gonna do this right now. Let me see if I can maneuver this quick I'm gonna show this for all of us live inside the trading room for all of us live inside the Live on our stream here. Let me show you this live. What the hell just happened I don't think that it's shown from the Nasdaq order book. That's the only issue on this trade So if you have the data for it from your platform broker, then you could see it But look at this guy. This was the order. I was looking at before I thought he was shown just on the matrix. I saw that going into the meeting and then as it pushed up He pulled his order But look at what just happened the same guy presumptively Pops back up the stock is still pushing up. Keep an eye on the bid keep an eye on I mean for right now that order is roughly around 542 Like 214 up you just pulled it. Let's watch what happens here I'm not gonna take too much time on this for all of us in social media We show this live inside our trading room each and every day from market open a market close from pre-market So the after hours that is so come feel free to join us go right down to the link on the banner below to get started But uh keep an eye on the bid. Let's see if that order pops up We'll give this another 30 seconds for right now so he pulled oh Big shake down right below to where the order was now. Let's see what happens here You pulled the rug from us I'm not in the street saying Right now though look to see if he could squeeze right back up, but it doesn't seem that will be as likely right away Robert on YouTube I saw I hadn't seen this until now from Regarding Cinco de Mayo. He says everyone's Mexican on Cinco de Mayo So one of it's it's definitely a holiday for all right All right, so nonetheless, we'll see where this takes us heading into the afternoon I mean, hopefully it bounces right back up But just be careful watch not only the bid but now at this point after the shake down watch the ask You might see a fat order on the ask pop up Maybe they're like pulling it up to that price only to go short and dump it right back down after I mean for such a big dump off that you had back from yesterday To see a pop back up is not really too surprising, but it's the fact of how far will it go You know it already made like what like a dollar move up dollar fifty cent move up practically So how much more can it keep going? Maybe it goes up higher And if so then we'll be able to call it out definitely gonna put this on our list still at this point PRPO I'm just being you know mindful of a false break a dump back down 50 cents lower You never want to get trapped in a stock like that because you always look at that after the fact in hindsight And you happen to see well, maybe I could have gotten out much earlier to squeeze back up now Geez this thing is all over the place now at this point an order didn't pop back up on the bid I'm not gonna bring my level four program back up But you know it's to say an order didn't pop back up that led to that squeeze It still needs to break higher your next order on the ask Looks like there's one that popped up at 570 a smaller one But then also it's six about a fifty thousand share order on the ask ask sitting at six bucks All right, cool nice little demonstration there again for all of us in social media if come feel free to join us We show this day to day it's a week All right, so really at this point. I mean markets are pushing up You know for my little prediction from earlier in the week the markets were dropping off quite and quite steadily yesterday I was gonna say nicely but not really nicely but steadily ended up making a big push-up this morning I mean bounce day after the open and ran higher here heading into the afternoon We'll just rip it from top to bottom see if there are any stocks like PRPO running with the market or just you know off of company news Otherwise, I also want to prep us. We have a bunch of earnings going into the after hours today I did not bring them up from yesterday. We talked about it though in our trading room We talked about lift the AHT stock big Big five sporting. I think that that that was one BGFV and then we have a bunch today lined up So we'll be sure to talk about those just by the end of it all Squeeze up here. Let's see it popped over 570. We'll come back to this at the at the end here So actually I skipped over the RHE stock All right, so really quick We'll just go from top to bottom here the RHE trade ended up making a beautiful move after the open But the only thing on the stock is what you would typically hear me say to be cautious of I mean the big spread that's on the You know order book here. It's fluctuating right now But you could even say when it was running up as steadily as it was on the chart This thing was all over the place in terms of the liquidity on the order of books So, you know, it looks steady and easy in terms of the chart But not an easy trade in terms of the volatility and you know thinking that it could shake down It's the type of stock that can easily spook you out of a trade get you stopped out really quick You know, of course with the run-up. I'm sure a bunch was killed it on this trade But what goes up does come back down you saw it happen back from Monday of this week again It you know closed near the highs and I'm gapped down going into the market open yesterday You know squeezed up higher today. I mean kind of reminds of us of the BTX trade look at BTX So just be mindful of a of a shake down for right now for the afternoon. I'm not as interested in that REG I'm more interested in this NMRD stock. I mean, you know pretty low-priced Spreads get a little wacky order book relatively light But you know what we'll read the tape at least after this meeting We'll take a look to see where the volume was filled from earlier You know, you assume the 50 cent levels and whole numbers made a nice under and over slingshot move off of nine But even after that as it broke out, you know higher at first, you know, probably popped above nine fifty You know probably rebroke here at this point, but it's to say where exactly did that volume get filled We'll find out coming up pretty shortly. I like where this is right now in terms of you know, the trend near the highs Not really too familiar with what the stock does. I don't know what the news is Ended up making a bunch of poppin drops in recent history across, you know last year this year So, you know wouldn't shock me if history repeats itself the only difference on this is that This stock's trading way more volume today on this run up compared to any other day in which this stock made a pop Like you could see back from you know on the daily chart From March or July these, you know low volume, but big pops drop back down Look at today 30 plus million shares traded on the day for this stock What does that say? I mean, you know, does that instantly mean that they should shoot up to the moon to go to 30? I don't think so, but it's definitely keeping me interested in this trade going forward for tomorrow for Friday for next week You know, obviously we'll continue to follow this so if it tanks tomorrow then, you know Maybe Friday and you know at some point given just anyway for a stock that makes this big of a move You typically expect to see it make a second little type of move after even after it dumps back down So, you know, hopefully this breaks higher makes the nice pretty run up for us for the close today The AMS stock so we're just gonna continue down here. So AMS ended up making a nice push This one was also pretty nice cheap, you know spreads were pretty well contained order book, you know, alright Ended up spiking right up to five a pop and drop So again, it goes to show when you see a stock test a major resistance level for the first time I would not look to jump in especially going into the late morning the early afternoon You know right from five if you look to buy right over five expecting this to just keep going Look what happened after it's not worth holding on to as it continues to drop down lower and lower and lower As we'll just set the stop just get out. That's it use the 30 second rule You know my personal line is you know, if it's not breaking higher There's only one other way it's gonna go when a big volume level gets filled You're likely to see a pretty big result after you know This ended up making a pretty big result after just not in the direction that you would look for All right, let's get to this mess here this CHMA, I mean this thing's been a nightmare or at least it was to me earlier this morning I really so after the market opens this morning I was looking at this as a potential short it was short of all trade station coming off of good news I'd had a pretty high float So I wasn't right away sold on the short expecting like the low volume low float pump and dump play But you know, I saw this trend down into the open I ended up missing the drop at first after 9 30 so that could have been a good trade But if anything look how fast this thing shot right back up after ended up rebounding essentially when I broke under an over 380 Ended up running up nice I ended up missing a good chunk of this move up afterwards because I was taking a couple of like chunky losses here Choppy losses chunky. Yeah, it's a nice word to say choppy losses there You know about three to five cents up pop So it was really confusing me even later on here where we're expecting continuation or possible continuation And then afterwards I just failed to get back in on the short side of things because for the shorts I was taking from earlier here I was getting stopped out and it was getting choppy and I could have had this on the way down as upset So I ended up just getting very frustrated and thrown off by this stock today Uh, you know, maybe I'll keep it on my radar for for tomorrow and friday I mean hey for as big of a move as we had today if it remained shortable if it doesn't break down lower today Maybe it will tomorrow or maybe it'll pop higher tomorrow I'm not going to let that deter me from trading this tomorrow, but I mean look at this thing now. It's just flat lifeless not much going on right now I guess you could have set the same thing for uh Our good friend at prpo Right, look who look at this drop now Oof. I'll bring up book map before we finish. We'll come back to this at the end Obviously, it's still on our list, but uh, not looking too pretty on the way up now Big five sporting goods bgfv and other company off of earnings from yesterday afternoon You know, it's up big today. Uh, no pun intended really. I guess you could say pun intended, but not really I ended up making a nice pop just before up to 26 pop and drop and pulled back Uh, just find others first, you know, if I feel a need to put this on our list I will right now not as much With this eight tnx trade ended up making a much more Volatile play compared to that chma. This one could have been a much better opportunity to follow both long and short If you're on trade station, uh, you know, if you're able to short it on a different platform Then that would have been a great opportunity on several attempts, you know on a pop and drop from 550 later on after 10 o'clock the same thing happened going into 12 o'clock ended up making the lower high and the same move once it Rebroke below the 550 I I say it all the time if it craps out the other way and if it's shortable Why not why not consider that an opportunity now? You can't say that for every trade but for a stock like eight tnx or you know, again It was choppy as could be but even the chma The similarities on these stocks are not just that they're cheap Spreads are well contained the order books are very liquid So there's more volume that this stock needs to cut through in order to make a crazy pop-up or drop or Pop or drop So it makes it more manageable you set your stop if you're wrong you're wrong You know, hey, even though I took a few lickings on chma. It could have been worse So, you know with the atnx this was just a much better opportunity on on the long after the open as a short afterwards I still like it. I mean maybe i'll keep this on the side come back to it at the end The only reason i'm not as sold on it just yet is just that it's kind of slow now trading 211 million shares total I mean well exhausted normally, so You know, maybe i'll come back to it if it ends up making a bigger move here Triple u it's like triple h triple u Ended up popping after the open pop tire here Wacky spread but it's still making a nice push you're heading into the afternoon. So I I do respect that I just i'll keep this i'll put this on our list maybe near the bottom Like the prpo even though that thing shook down that's that that still has a really good spread So maybe you can get a nice dead cat bounce off at two on prpo You know whereas this it's just a lot less certain you're just hoping that it makes the pop higher Whereas at least on prpo. There is just an easier to read order book there Ibio ended up making a pop earlier today. Don't back down though. It's hard to borrow. So we're gonna Write this off for the meantime XP familiar name at least a bit there just flat Uh btu Nice level one to two stock ended up making like a sneaky move up today You know pop from like 410 up towards the hive just about like 480 for 486 It is shortable could have made it like a nice little short trade from here on the way down easy to say in hindsight, but You know presents opportunity. That's what i'm bringing up here. I mean, you know, again, maybe keep it on the side list not really Whole lot to write home about though, you know not making a fast pop or drop All right, just skimming across the gainers then here folks I'm gonna hop over to the losers list if there's anything over there Not a whole lot that was up with the market that I really saw I mean, I'm you know a bunch of stocks that are up more than 10 here But you know what the real familiar names that I saw there Uh, we'll hop over to the losers list though and then I'll jump to youtube I see a bunch of chat there then I'll jump to the trading room after Cocp So I hate to say I told you so right I mean this thing you knew wasn't going to make as a clean of a move up going into the afternoon It made it like a you know a steady move I guess in the after hours up But then I don't know what happened here. I'm not even gonna check I'm gonna be a jerk right now Not even a check my guess would be like direct to offering news unless if no news came out and it just tank just As is I would think that the news out could be direct offering of shares But I mean just done Absolutely done today and going forward. I mean maybe at some point I'll make a little squeak up But you know just like prpo did I mean for as big of a move as that made just there prpo Look at the move that it made after Got to be mindful for that right so See what else we got here peloton. Jeez. They got earnings in the after hours tomorrow I know that there is an issue. I think they had some recall Ended up making a fantastic drop today. I mean hey if you ended up following this on the way down Would have paid off heavily even if not on the equity if you're just doing a put on it But uh, you know hey for the afternoon, I don't mind giving this a follow I'll put this on our list peloton and the reason I'm putting this on our list more expensive stock It's relatively near the lows but It's got a good spread good liquidity on the book. You're gonna find iceberg orders, you know Not at every 50 cent level or a whole number But you know focus on those levels and see if there's any order that pops out stands out to you Like we were trying to see before on the prpo at least but uh Yeah peloton. Look at the look looks like it ended up breaking under and over from 82 We saw a bunch of volume getting filled off 82 presumptively and then squeezed back up here And then the same thing presumptively again happened here I say that because I don't have my book map open right now for this trade. I'm not going to open it up right now We're kind of nearing the end of this meeting, but Uh, we'll jump back to it though in our live trading room uh vxrt Hey nice short today. I ended up Uh neglecting to follow this after the open I had a notepad littered with a bunch of stocks this morning Vxrt was one of them. I just chose not to prep it. I said, you know what? I'm going to follow ocgn I'm going to follow the mvis stock Which you know, I guess also dropped off I didn't trade this either, but it's just to say this morning pre-market. I said it looks good I'm going to choose not to trade it. This could have made a really great short Broke down below, you know 8 20 ended up re breaking below 8 after 10 o'clock eastern this morning Ended up making the beautiful drop from there So there could have been a lot of opportunity on this vxrt short if you're able to take it Could have been some good opportunity on the bounce back after from 750 roughly. I mean or below, but Yeah, I mean sideless stock for right now not really moving too well here for the afternoon So if it pops up more on our radar inside our trading room, then we'll then we'll work with it work with it from there, but See what else we got Skills another one off of earnings from yesterday afternoon. Ooh at the lows shortable Bingo. All right, cool Sold right away sklz good spread at the low Uh, it looks like some volume got filled off of 1535. I don't have book map open, but Yeah more at 1550, which you would expect 1545. This is just all from consolidation mind you, but 1530 being the low of the day not really a whole lot of volume traded yet off there Well nearest to the low 1535. So just to say watch out for an order on the bid off 1535 before it ends up potentially crashing down To the low and break lower. So, you know, it could be a good short this sklz trade Watch for time and sales watch to see more red coming on the tape below those prices All right, excellent. All right, cool. So folks, I'll tell you I think that I'm just about finished up. We'll take a look on youtube We'll take a look in the trading room Take a look on benzina pro and then we'll finish up nm rd from our friend mitch connor Mitch you're late No, i'm i'm just teasing. No, this is breaking higher as we speak. It's ready on our list We we talked about this just as we started this meeting, uh, you know started from top to bottom But ended up making a beautiful push up right well where we left off with this trade was that it ended up Kind of holding underneath 10 it ended up breaking above 10 and snapped right back down that pop and drop And then on the re break it was pretty shaky afterwards, but pushed up a little bit higher Uh for from dan dan f we uh x Lovely x miss you. You know what it's been volatile enough. Why not? I mean, I would say the same about vxrt If Vxrt looked like x so you know, it's at the lows. It's not down more than like that 10 or whatever I ask But hey for what goes up comes back down. Uh, if you're looking for support go back to the last two trading days That's it that nice move here. Good call. Yeah I like the sex and then from rjf you say in the uh veru pop, but it's starting to drop It's very rangy move here from the pre market pop early and then it dumped all the way back down. That was not a shocker Uh, I mean falstow talked about it in the morning meeting. He talked about the iceberg order after 8 30 eastern time That was a squeezing it down lower and lower after the market opened. Obviously you could see what happened after So is it to say this stock can't go up to 10? No, I think that there actually is a chance of which it that it can Uh, I want to check the float normally the stock doesn't trade this much volume on a day-to-day basis So, you know the last 50 days it's been trading about one and a half million shares a day I don't think that's factoring in like these days here. So that's actually a good thing So that's to say. I mean it's just definitely trading a lot more than what it's usually used to I Let me see if I could do this here got a little time to kill It's my jeopardy theme music Uh, vero, ah 250 there we go. All right, cool What's the float 54.5 2 million share float? trading 24 25 million shares so yeah very heavily traded compared to what it normally trades but Compared to its float I mean we've seen stocks trade well more than was that like just half So considering that it's even shortable and if it doesn't move up and we could short it on the way down Why not the stock the veru and hopefully it does make the the dead cat bounce the squeeze up to 10 But if it doesn't well, it's already dropping back down. So again as so long as it's shortable. There could be a good opportunity there Ken I'm a uh, I'm a big jeopardy fan. I'm not like a Huge jeopardy fan, but I used to watch it. I still watch it Uh Can I ask in mara here inside our trading room? All right, so I guess that Forces me not forces me, but we'll bring up Get the bitcoin chart up rather quick. Uh, you know looks like we ended up seeing a you know a big pop across the board today We ended up seeing bitcoin make a nice squeeze. We ended up seeing Uh, you know all the other all coins like litecoin chain link my cardano, which is my biggest bag ada You know make a squeeze up We ended up seeing bitcoin though make a nice push though again This is the hourly chart. So, you know, this is more overnight into the pre market hours this morning We and really into the mid morning. We saw this, you know, make a nice pop back up We're not out of the doghouse just yet on bitcoin But I bring this up solely just to explain mara's move here Ended up making a nice squeeze the same time as we sit saw bitcoin pop and Well, bitcoin's pulling back after that peak. So mara's going right back down with it Markets are at the highs today, but mara doesn't really seem to care too much about that It is tradeable. Don't get me wrong. I mean x is more closer to its lows So I guess that's the reason why I'm more favoring x than mara But if you do well on mara on a day-to-day basis, then I'm sure that you'll be following this regardless, right? uh ocg n ah Ah VxRT is pulling down pretty nicely there The reason I bring it up is because it looks so good. I just don't want it to tease me I ended up completely pulling back not only from this morning But from yesterday's highs completely dumped off made the same exact move today You know sans the pop but ended up dropping after that pop and it's at the lows now So it's like kind of making the same move as I should say is x, you know at the lows there Uh just in that sense x ended up dropping right at the market open and now testing the same price whereas The ocg n was more from the uh mid afternoon even after one o'clock All right, I'll put this on our list I'm a fan All right, so I guess that leaves the atnx on our side list. I do have benzinga pro up otherwise I'll check to see if there's anything else that I missed Yeah, I'm saying really doing too much Let me just move around here quick odt up six plus percent Spreads are actually good liquidities really good Um And the stock has a big gap to fill on the daily chart. I thought I remembered the stock So even if this stock doesn't make like the big lavish, you know squeeze up that you would want to have today I mean Keep it in mind. So I'll slip this on our list, you know, kind of I mean, it's making a great move It's where we would want it to have it. Yeah, but it's almost Friday and so forth, you know anytime you see a stock get crushed 85 percent You're not going to jump in right away and guarantee it's going to squeeze up because I mean clearly this thing has taken A sweet time to do that But you know what on a day like today where it's turning up higher into this afternoon here I'll give it a look and if it doesn't move then who cares and if it ends up popping Then we'll try and take advantage of it and like I said, if not today, then hopefully tomorrow or hopefully friday We'll keep it in mind Mike says t irx is an example of that Yeah, definitely. Absolutely. I mean, it's not the gap as you could see as much just the big bar on the chart there But ended up making the squeeze up what like last week this time Popped up dumb back down but ended up making that move. It took a few days, but I got it All right, I actually got one more before I close off just because it's popping up on my benzina pro right now Maybe two, but uh, how about f ceo low of the day? Not down more than like five percent, but you know low of the day shortable Maybe I go to its uh sister stock here and maybe faster move plug This is definitely making the same type of move as us steel is and Outside of that I would have the snack. This one's not that great tig r familiar name Looks like a lot of stocks falling off here pal and tear now. I'm getting the signal from benzina on them Low the day on pl tr I do like plug. You know what? I'm going to put plug on our list as a short opportunity going into the close So I don't want to build up too big of a list here folks. I think in total so far. We got two four six Eight yeah 10 I'm pretty content I like I like what we got here and if there's any more then we'll call them out The market ends up taking a bit of a dive and everything even accelerates further from that point on the way down Then we'll see what we could try and short all right folks and go from there for all of us on social media facebook live And youtube once again as always. I appreciate you joining us each and every day myself in particular for the afternoons Keep in mind. I mentioned this yesterday for all this on social media I'll keep mentioning this throughout the week But coming up next tuesday or now I can say this upcoming tuesday That would be on the 11th coming up may 11th We'll be doing as we normally do inside our trading room Which we will still do inside cyber group, but we'll kind of simulcast on youtube and facebook live We typically do that maybe two or three times across the calendar year giving you a quick taste of what it's like to be inside Our trading room giving you access to a premium workshop that we conduct weekly So keep that in mind. We'll keep making the announcements for that just be on youtube for that That'll be coming up on may 11th this upcoming tuesday. All right All right, so you know aside from that folks i'm going to post the Picks coming up i'll be back on the mic for all this live inside cyber group coming up pretty shortly. All right, talk to you all soon