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Foreign. Good morning everyone welcome back to a new week! um as always take the drop those tickers and questions in chat a lot out there man. busy money Monday uh just going over what I got so far tmbr low float Biotech du jour um chat guy has been hot lately I suspect this will be the one he takes when he wakes up from his mushroom and and alcohol-induced hangover. um Frza.

very interesting. um love love love what they did on Friday we always love to see those uh uh Friday afternoon pumps that they did um Frza tweeted uh last Friday night. uh actually I'll get that in the show notes that uh something big is coming. um and what we like about Frza remember this was a SPAC from back when's facts were hot um pretty low float um Electric boats you know and and ultimately we just love to see when they play the game you know they're playing the game they tweet Friday night they get everybody excited and after hours probably got some news coming.

So now one thing I will say I would I Would very very much recommend enforcing the 945 rule on Frza because my concern is that like you know if if they don't release you I mean we know how like like day Traders attention span is a it's a double-edged sword. We love that day Traders Love to just pile into every shiny object they see. We love that. Okay, we love that they just Pile in we can trade the price action because we know what these stocks are.

We don't overstay Etc but it can be a double-edged sword because such a short short, short, short, short, uh. memory retention. So it's like if Frza doesn't do announce something or do something soon, we know the crowd just kind of moves on. Now if they dropped something this morning.

oh I mean we could have something special, but like if they don't, if it'll drop a press release, nothing happens. You know again, it's just that kind of that squirrel mindset and people are just gonna forget about Frza and move on to the next one. So that being said, love the setup. It's just I would not go anywhere near this pre-945 that's my opinion.

um Cjet China Trash. You know how I feel about China trash 945 or later? uh evacs? um nice looking chart. uh uh. pretty relatively low float has news Nrxp Remember, Nrxp is starting the call right now and our XP is top of the list.

but you gotta wait until the conference call is over. UCard continues to hang around. Love you car! Um Lvtx. We absolutely nailed Lvtx.

Friday at noon those of you that were there I mean absolutely beautifully nailed that live call on Lvdx in in the Daily Income Treasure system a bunch of you were there live. You know I mean it was just. it was just great because right when I went live, Lvtx was hitting the signal. We broke it down.

Great risk to reward. Uh, 20 cents a risk for 60 cents of upside. Now the one thing I got wrong: I mean beautiful plan man. um those of you that were there were I remember I was like hey, kind of a slower mover might have to give this thing some patience.
Well, Lvtx within an hour was at 379. 80 cents passed the goal. Basically double the upside of what I thought it would do. but hey, that's why we take realistic goals I mean it was just a such a predictable play.

this was the number one only idea into the afternoon. played out perfectly. Loved that a lot of you were there for that one and a lot of you did really well on it. Uh um.

pltr another government contract. pltr is top of the Swing list and then B at Bvxv. low float with news but ugly chart. Really ugly chart on Bbxv.

so um, that's again and that's probably I mean look at this. I got like a page and a half of notes and it's 8 34 a.m All right, let's get to some questions. Evacs: Looks like it's gonna go parabolic. big time says Levi Okay, let's revisit Evacs: Yeah, um.

listen, would love to just see this grind sideways and then kick through that 250 level. I think that would be key evax 250 as long as it holds up? Uh, Impx next Runner John John Sounds like you're anticipating versus reacting what? I do John I Do not anticipate. Okay, we react okay. What? I teach and what all the most successful Traders do We don't play guessing games now.

listen Maybe Inpx becomes the next big Runner Like John says. but John there's nothing there I Mean there's no volume. There's no news, nothing happening here. now.

Listen, if you want to trade this and sit around for weeks or months or years waiting for them to do something that is your prerogative and that is your right. There are a million different ways to trade. There are a million different styles. If that's your style, to buy a billion shares of some 20 cent stock and wait six months for it to do something, then I wish you the best.

And that is not sarcasm like a lot of you are. like oh, here comes sarcastic. Tim that's not sarcasm. If that fits your style, to buy a billion shares of some trash.

True Penny Stock And wait six months going to bed every night praying that they do something, then do it. But I don't anticipate I react when the news hits, when the volume hits, and when the chart pattern is there, then it'll be the number one. But until then I could care less. Uh uh again.

back to Frza. Love this as long as it's 9, 45 or later. So dip and rip all day long on this. but it's got to be.

unless unless they drop news. Okay if there's news, everything changes. But going back to what I said in the opening statement is um love, love this as long as it holds 9 45 or later. Only way I would change that plan is if they drop some PR pre-945 That's the only way to trade Frza in my opinion.

Um Frza only a 945 or later in last news drops. So like listen, if they drop a press release right now, different story. um wlds that's dead isn't it I think isn't it yeah Dead uh um BV XV uh whoops. wow where am I why can't I type Bvx B there? um uh.
the only thing I don't like about Bbxv is this death drop. Okay remember the bag holder dream. So when you get these death drops I mean look at that 11 gap down to four bucks like one thing I never like like one thing I always hate is when people say I'm trapped in a stock okay like like you'll hear me rant when people are like they break their stop. okay they break their plan, they break their stop and then they say they're trapped and like I'm looking at the stock and like it's very liquid I'm like you're not trapped in anything.

Okay, you're just choosing to stay in this now. Something like Bvxb I'm sure a lot of people got trapped like like no fault of their own I mean this thing was trending up October November December Brutal Gap down I'm sure there's a lot of people that got trapped in that gap down. So my fear is what's the bag holder's dream? The bag holder's dream is a 30 Gap up to sell into because they have just lived through seven months of pain. Okay, so put yourself on the other side of the trade if you got trapped in this gap down and you had been in living hell for seven months.

what would you do if it gaps up 33 percent I know what I would do I know what I will do if I got trapped and every day I didn't even want to open my brokerage account because I know Bvxv is there and I know it's lower I I don't even want to look like no and then all of a sudden my buddy texts me he's like dude, did you see Bbxv's up 33 I'd be like so ah so hence the reason. afternoon only that was. that was a very very very long and overly verbose way to say afternoon only. Uh, Bvx the afternoon or day two only verbose.

um CJ I think is it cjet I'm pretty sure CJ's China Am I Wrong um C Jets uh did I I'm pretty sure it's let me take a look. uh uh yeah, you're I think you're thinking a Cgt Okay Cgt Okay C Jet is um, you know again, somebody asking about the Canada thing. Um, this is uh Chai Jet Next Generation So you're I think you're thinking of Cjt I am Speaking of Cjet: Okay so a new uh uplifted ticker? yeah China lead globally linked International Yeah there we go. So um I hate it Gtlb Nothing.

You car? Yes 100? uh um eleven Eleven brings the pain on you car. so um 11. you car 11 weights this back. the chat guy did he sleep it well man, you know.

so I still think he's gonna go with Timber is my suspicion. but evidently he slept in lazy bed. So right now, um, hoping for a chat pump on Tmbr? um probably let's take a look. It's probably number one right now.

Three mil rotated the float. news holding around. V-wap yeah Timber's the number one. so oh um oh also um remember Alex is gonna drop a link so a lot of you guys on YouTube this is particularly for a lot of you guys on YouTube you like this live stuff okay I go live on YouTube once a week so we I also go live on Facebook live typically Wednesday nights last couple weeks I did Thursday because of schedule but Wednesday night I do a Facebook live it's a cool group on on Facebook Alex is gonna drop the link if you got a Facebook account, hit that link join it.
Would love to see you uh uh Wednesday night and then those of the rest of you in the Steady Trade team I will see you at 9 00 a.m Eastern Tmbr number one. All right. Have a great day guys! Oh I almost played music forgot gotta play this boring intro thing so that I don't get a copyright strike money Monday for sure.

By Stock Chat

where the coffee is hot and so is the chat

3 thoughts on “Pre market prep stock market 6/5/23”
  1. Avataaar/Circle Created with python_avatars Ryan Wright says:

    Ya NRXP just tanked… Any realistic play for NRXP going foward?

  2. Avataaar/Circle Created with python_avatars Daniel Sharkoff says:

    Nice shirt

  3. Avataaar/Circle Created with python_avatars lawrence barnwell says:

    Envx

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