All right. Well um, this is pretty crazy. I didn't expect to come back and see this. Um, I just refreshed on my phone just to see what where Hkd closed.

I saw traders mentioning Qrteb and Ltrpb. Uh, but yeah, I was like I'll just see where Hdk or Hkd finished and I saw, uh, it's currently trading at 750 a share. It squeezed through 485 to 500, 538, up to 633, up to 659, up to 767, to a high of 960 dollars and two cents. It's it's almost unthinkable.

Uh, this. This is the This is the biggest move that I've actually ever seen in a stock in this short of a period of time. I've never seen something like this. Now the reality is, this isn't in my opinion really tradable for the primary reason that the risk is just way too high so I can pull up my P.

L. Um, let's see. so I didn't trade in my margin account today, but I did trade in my retirement account and I finished the day at a respectable 5 488.19 You know that's daily goal. Five thousand dollars is the daily goal so that that for me is a a pretty good day.

But um, you know this is. uh, this is pretty nuts. So if we you know the reason I wanted to keep an eye on Hkd was, um, because I I already Dr had drawn out this 485 level and I had drawn out the 350 level pre-market right? So when I was doing the morning show those levels I was already watching. We had this sell-off It popped back up here and uh, it looks like you know right here.

It came up and was like consolidation right under that level. Now I can pretty much guarantee you that the spreads are insane on it. So right now, for instance, you have a spread of 722 by 765. that's a it's a pretty outrageous spread.

Um, you know, but there is a 200 share buyer there at 722 and there's a 600 share seller at 765. so those are real orders out there. It's up another 84 today and basically it broke and just you know, it just squeezed. It just went crazy.

so I you know I've It seems like there's probably, um, a few short sellers out there that are trapped and got squeezed out and had no choice but to mark it out of this thing. And these would be the type of traders you know that would have shorted V-racks you know, on day three or day four of the ipo and looking for it to drop all the way back down here. Or maybe the same short sellers who would have shorted I lag on the ipo and you know what? for all of these ones, it it worked. You know they? they came all the way back down.

but this is a bear market short squeeze on Hkd where some early short sellers got destroyed. I mean, this is just unbelievable. Like I said, I've never seen a move that big, but the volume today. So usually a day like today, if we consider this to be the blow off top capitulation, just epic.

Squeeze. Um, let's switch to the one minute chart here. So squeezes up halts once they're at 38, goes higher, Halts again, goes higher halts again. Closed regular trading hours at seven hundred sixty seven dollars and three cents.

and then squeezes after hours. But the squeeze after hours was on 3 000 shares on this candle, 400 shares on this candle, 1200 on this candle, and 200 on this candle. So the thing is, market makers are really not providing. They're not making the market very well in the stock.

They're not providing liquidity. But those of you guys who understand how market makers work you you would already, of course know that they cannot. They're not going to sell an unlimited amount of shares by by sitting on the ask and shorting. Uh, and they're not going to buy an unlimited amount of shares by sitting on the bid and buying.

So they're just not going to provide liquidity for this type of stock and it has the effect of amplifying the volatility. So you know this: This volatility is, um, obviously pretty pretty insane. And so let's look at a couple other stocks today. So Hkd, uh, I already did a recap.

I'm going to upload that in just a little bit so you guys will be able to check out my recap. But let's look. let's see. Um so afternoon.

I'm gonna look at um. Top Gainers. Okay, let's see um so after hours Top Gainers and they're just gonna look at um, Top Gainers today. All right.

So our top gainer today was Qrt, Eb and Ltrpb. Those were our two top ones. So Ltrpb. This is a stock that, um, you know, did something very similar to what it did today.

Uh, it's actually done it a few times. So first it was back in 2020. There was one day where the stock went from like eight bucks to about 130 dollars and it did it on 360 000 shares of volume. 360 000 shares of volume.

That's not a lot of volume and this thing went up that much. So at the time I was like I didn't I don't think I traded it and I said you know what are you gonna do I mean it's it's such a crazy move, but there's no volume there, you know? So I you know the spreads are crazy. There's no way I can really trade it so you know you probably don't end up trading it the same as Hkd. You know it's just it's so risky you probably don't feel comfortable trading.

Here's another date: went to 110, you know, and so today this squeeze up to 85. It's not totally out of the norm for this stock. Uh, you would think that market makers would get better at making the market for it, but um, they haven't. This was Duo.

This one did a similar move in one day, but this is adjusted for reverse split so it's actually 150 when like maybe up to a hundred dollars and then it sold off. and then they did a 15 to one reverse split right back here. So anyway, so Duo was similar and on that day it traded. Um, I mean the volume.

It it says 17 000 shares, but of course adjusted because of the reverse split. So it was like 200 000 shares of volume. I mean there was just there was like no volume on it. So that's not one that, um, was, uh, was tradable either.

And so when Hdk kind of started to move, I was like, yeah, it reminds me of these ones. We also had uh D Dicb. This was one, I think that was the stock. um, whatever.

it doesn't matter. So we've seen a few of these in the past. So today when we had um, Hkd squeezing up and even the last, um, you know, the last few trading days I've sort of been like, okay, well, this one's probably not tradable. I did buy one share of it earlier today just for the heck of it.

Um, ended up losing on it. I can't believe I could have made like nine. I don't know 400 if I'd held it, but it's fine. It wouldn't have changed the day really.

So the thing is, this can create Um, Momo or Fomo in the market. Fomo. Momo. Ltrpb.

This thing starts squeezing at. you know, 11 A.m 11 45 halts up, opens higher, 11 55 goes higher, goes higher and then you know who comes back Qrtb And you guys probably remember this one because we traded it last couple weeks ago earlier in July. On this day, it squeezed from three dollars to eight bucks, but it wasn't phenomenal. In any case, today, it ended up, um, you know, catching a bid around 12 15, hitting a high of 761 and then pulling back.

And so you know I kind of thought, all right, Well, you know, I don't know, don't think much of it. It's at that time it was still below the 200 moving average, which was right around like seven dollars. or it was right around that level. So it's just sort of like I don't know.

the last couple times it came up here, you had these topping tails and you know for what it's worth, At this point in the day, I had already. Um, you know, I had already pushed my luck for sure. I'd gone red and then back to green and then back to red, then back to green, back to red for a third time, and then back to green. So anyways, I didn't trade it.

It goes: Halts up One two, three, four times, Halts down twice. Bounces nicely off of V-wap halts down again, halts up gaps. Way higher On that halt up. You know, Why did it gap so much higher on that? Halt up? I don't know it, just that was a huge gap.

It halted up at Uh 11 18, and it opened. Uh, at like 12 50.. So big gap up. Surge is through the highs, and then it halts down again, opens higher, squeezes a little higher.

Now you get a little bit of a five minute pullback setup. It goes higher up to a high of 1965, Pulls back, does one of these stupid candles that I keep screwing up. where it squeezes up to 2149 and then flushes and then halts down. And this is where it is now.

So you know in. it's easy to say in hindsight that you would have made a ton of money on it. I, I'm sure that there's someone who traded this that there's people out there. not just one person.

but I'm sure there's people out there who traded this to the long side and still lost money on it. I was almost the guy who traded Pgy to the long side and lost money on it. I mean, the problem with these, um, some of these candles is this, uh, just brutal rejection like up here. This kind of candle.

And up here, you know where it squeezes up and then flushes like two dollars a share. These are really nasty candles and I got caught on one on Getty Today I got caught on uh, one on Pgy, you know, but fortunately I was able to, uh, stay in the green. We had a really bad one on Mg Am today as well. Um, but this one really sold off pretty hard today.

In any case, this candle right here on mgam this red candle. Oh my God. I mean that's this is terrible. Having a that candle has a high of 20 and 74 cents and a low of 18 bucks.

It's like a three three point candle. It's huge, two point count three point candle. I mean it's just that's very difficult and then this flush back down here. So um, I sort of felt like um, you know, I again I I sort of felt like today, there was a lot of um, fomo in the market.

fear of missing out from the big moves that we'd had um on Friday and now I'm wondering what tomorrow is going to give us because um, you know, I don't know if traders are going to think the same way on this. Oh my gosh, I missed this move, but maybe they'll feel they miss Qrteb, which would have been I suppose. certainly safer and easier than Hkd Ltrpb. Another one was such light volume I don't think anyone probably would have would should feel too bad about missing that one.

Ltrpb. There we go. You know, could it go higher tomorrow? Yeah, maybe. But you know, the thing with Hkd was it that it was a front to me? Um, the front side of the momentum.

Being that it was a sort of recent ipo and we've had these ipo setups that have been really, really strong. Now, this has no business to me being at this price, it's going to come back down and there are some short sellers that are trying to time that, um, that drop and it's uh, it's not happening. Um, it just keeps going higher and the liquidity makes it very, very hard to cover and unwind a short position. And of course it would be hard to buy a long position.

Also, Revlon, Um, I see it. Um, it's a big gainer today from five up to ten. I don't really think too much of it to be honest. So anyways, um, we'll see what tomorrow holds for us.

We definitely got more action today than I was expecting, but it wasn't the easiest, uh, the easiest day by any means. Just you know, it felt pretty. It felt pretty pretty crazy. just crazy crazy action.

so we'll see what tomorrow holds for us. I'll be back at it first thing tomorrow morning, but um, just wanted to come on here and I'd be the first to tell you if you didn't already know that Hkd hit a high of 966 dollars and two cents. What a move that's That is a epic squeeze. I mean, that's just regardless of the fact that it's low liquidity and it's not really tradable.

The fact that the stock went up that much um, is is pretty pretty crazy, so we'll definitely save that one to add to the classes. and um, we'll see what tomorrow has in store for us. All right, that's it for me. So um, take it slow and remember Tre.

As always, trading is risky. Most beginner traders lose money. My results are not typical, but I'll be back at it first thing tomorrow morning, so I'll see you. Then you.