's up everybody trader bryce here today no camera it died on me so you you're you're gonna miss my goofy introduction. I guess uh we're just dig right into it so first of all guys if you like these small cap recaps. Please drop a thumbs up it means a lot just getting to see you know how many people are getting value out of this um. And you know kind of pushes me to keep doing it.

So anyways um just looking over the spy today down about one percent. Still pretty much in a pretty normal range. You know what i mean given this this bounce. It's was bound to have a red day.

It's been green for like four days straight five days straight uh even if ever so slightly. So it's in a decent range right now hopefully. It doesn't fall off a cliff again. But anything's possible um just again look at the broader market.

There i then want to go into d walk. Which had a nice little day today. I didn't trade it at all. But this is one to keep an eye on because elon musk ended that twitter deal um for those who didn't know.

And so dwock obviously being a social media company. A lot. I think a lot of those social media companies those media based companies. There are some penny stocks as well.

I think they have potential to make some moves. I doubt it will be some huge sector momentum run. But it is something i'd you know keep an eye on um because you know for example fun p h u n. Ran with d walk which i can't remember there were other others that ran with it too.

But yeah you know they're definitely ones that i'd like to keep you know just keep an eye on so d walk fun stuff like that just because of that twitter deal. I don't think it's massive massive news like big enough to spark anything crazy um. But we'll see uh okay now let's get into today's like actual you know top percent gainers pl rx a really nice move um. So i actually i was live trading this one and unfortunately had to stop out.

But you know closing yesterday around nine dollars. It hit a high of almost twenty four dollars today and after hours. But you know gapped up up to 16 and just straight up rip. Trapping all shorts in the process.

Unfortunately. This uh. There are a couple factors here that i think played into this not turning into a true black swan trade. Where you know it's going up to 50 or 100.

And the first one of those being the float this was a low float. But this wasn't in the realm of almost micro float. You know what i mean. This wasn't a 5 million even.

8 to 9. Maybe 10 million float stock. This is a 22 million float company um and so it just didn't get enough volume to match the float rotation meaning. It wasn't trading hundreds of millions of shares today.

Which is good i don't like the ones that trade hundreds of millions of shares. I like the five to ten million floats that rotate 50 to 80 million shares that's what i like and this was just higher. It you know closed today at let's see how many shares does it trade uh. What's that uh 38 million.

That's great that's great. But it's like one and a half times float rotation. Now this could set up for a really nice multi day move it could most certainly could um. So right here is where it should have worked right in this particular area.

And you're like right so. Why do you know it should have worked exactly right there you're not a you can't predict it no you can't. But this is this was a very similar intraday setup to spi from about two years ago. Now very very similar um in terms of this action.

This extremely tight consolidation this fake breakdown to reclaim to reclaim over this high this singular candle. Did ruin the black swan potential of it in my opinion again which comes from a number of factors starting with the float then going down into the i o. The institutional ownership was also too high there's just too much selling into these wicks now that being said. I did so i ended up taking a loss on it right here pretty gnarly loss.

I was the literal bottom at seven 8 or 1780 uh. Where was it right low 1779. Okay. I was a penny above congratulations um.

I did end up rebuying it off this perk in the 1820s. Um. Adding. On one of these dips.

Right in here. At 1940. Uh. And then i ended up selling into the 20 push um just because the high i o the higher float.

I got the nice trap on it there they had that trap out but i didn't want one candle to just take away all my gains that i made on it. So i think i lost overall like 400 bucks on this one. After that trade uh kspn uh. Did save the day for me uh well ish.

Not really i say save the day took me from and she was a mix of this prx trade and this kspn trade that put me to a more reasonable red day. I finished the day down about thirty seven hundred dollars. I was down closer to seven grand at one point. And i'll get into the trade that did a lot of that um you know between plrx and tblt was the one.

But uh this kspn here. I took 1500 shares at this trend break ended up selling into the high sixes. I think 690 was my best sell with 420 shares you get it ah bryce you're so funny hahaha huh um. So this is a really nice trade though um and then it just got really choppy and closed.

So it was what it was the lcn was on watch all day for me. But just nothing really ever happened with it so not a whole lot to talk about there could end up doing more given that it was a day one runner on no news um. We'll see if it could have like a fun day. Too uh.

Which i think it could have a fun day too tomorrow uh floats in the right area tblt. I sized up pretty big on this morning in this area in this consolidation. And i had about 15 000. Shares uh.

I took an initial loss on it right here and then took another loss on it on this breakdown. The reason that i took this width size was because of the momentum from uh p l. R. X.

The momentum that was being shown. There was enough to make me size up on a very low float day. One gapper again very similar to pl rx in the sense. That it was a day.

One gap or strong good news. Um. And unfortunately just nothing happened with it. And so i was sized up.

And i took a big loss and i accepted that you know i was i knew what i was sizing into and it was uh kind of calculated risk. I was going to hold this for a lot of uh for a bigger move. Here. My plan was to hold this in into a um basically.

I wanted to hold this into like a six dollar push. It is so beaten down right so beating down at least through four dollars. I wanted a piece. I wanted to have that core in the uh you know 250s this is still something i'm watching extremely micro float um seemingly decent news but i mean like realistic i'm not i'm not like a fundamental.

Guy but their market cap is. 55 million and they have done they did in quarter two 36. Million in sales now they could be losing money. I haven't dug into the fundamentals.

But the reason. I'm saying that is because micro float someone seems to be accumulating size um. And now i also don't know how real any of this action is i haven't seen. But if it is and we're down from 40.

I'll do a little bit more research. This could be a pretty crazy mover so i will be keeping an eye on it i will continue to take big losses on it. Assuming that it sets up correctly um. Assuming that it sets up correctly.

That's kind of the only scenario. Though where i'm gonna be taking sides on it is if the multi day setup really strong. The news is still good etc. Etc.

So that's all i really have for today. Again. I finished the day down about 3 700. I'm fine with it i sized up most of that i lost 3 500 of that on tvlt.

So i'm i'm fine with it it basically would have been a scratch day had i not taken the sizing up on tv lt. And again just given the plrx momentum. The kspn which hadn't happened yet turns out kspn was the one that really got the momentum building so um. But i will be keeping an eye on tblt in the future moving forward.

I'm not gonna i won't stress that enough so i like it though i like the look a lot uh anyways guys i am gonna dip on out of here. I'm gonna go play some basketball and i gotta run to the bank. So um thank you guys for watching like i said in the beginning of the video. If these help you if you get anything out of them i know you can't see my face right now.

But i'm begging down on my knees. I'm kidding i'm not um. I to be honest do whatever you want. But it is just nice to get some inspiration you know when i see you guys being helped when i see that you guys are getting something from this even just a like or a comment.

They really do mean a lot and obviously guys make sure you're subscribed uh. We put out this content every single week uh monday wednesday and normally friday. I try to and i can so uh make sure to subscribe and have those post notifications on and i will see you guys back here on wednesday for wednesday's small cap recap until then trade well and trade safe. My friends peace out.

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