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So all right, right off the bat um walleye gill and oh i've mentioned it many times, one of the one of the og's of pre-market prep, calling out the dip and rip on nrxp yeah. This might my number one um, you know keep in mind. One thing remember: we kind of remain conservative in the mornings you go back to yesterday i mean listen, i don't know if we had a single morning runner, so i want to make that point. Stay conservative.

This will change we're going into earnings season. It's not unusual for low float, low price penny stocks to quiet down going into earnings seasons. This is not unusual at all, especially again, i've talked about the cei bubble, bursting, etc. So i do want to make that point.

Please consent continue to um uh stay conservative in the mornings. Ocg is still over nine by the way and anyway, back to nrxp. So this is just that this is like that same idea. Um.

This is, in my opinion, one of the best uh best day. Trade type opportunities in the post 2016 world. Now. Why do i say that there was a short seller hit piece out on this a couple days ago, so this this gapped up uh the 12 two days ago, so tuesday, it's been busy week for me, so hey tuesday, this gapped up and ran and then the Hit piece came out, short seller hit piece pulled back um, but you you know one thing you got to recognize and, and i know we we lean towards long biased here.

One of the biggest reasons i lean toward long bias here is a lot of you. Don't have margin accounts. A lot of you don't have brokerage's accounts that allow you to get borrows on a lot of these low-flow stocks. I think the best way the best way to build an account as a newer as a newer trader as a newbie, is to build your account with a long bias, especially in the post 2016 world.

Okay, that may change when i got started. Listen when i got started in 2006 2007, the best way to build an account was on the short bias. Okay, but but the market changes the market shifts we'll get back there at some point. Those days will come back right now.

I think going long is the bias that being said, people just keep getting trapped because they short into these into these hit pieces and as newbies you know they think okay nrxp is going to go all the way back to you know to six bucks. So if you short these headpieces, you cover the wash out and you move on. Much like you know like a dats. Okay, dats fell apart yesterday.

Incredible, but don't you can't stay? You can't swing these okay. Now dats is probably dead, but would it at all surprise me, i mean again how many times do you have to bring up btx mrin alph? I mean all of these terrible stocks that had two or three bounces. Okay, you can't stay short, but that's what happens with stuff like nrxp newbies think this is going all the way back to six. They wake up to a 50 gap up and they're done.

They're blown up it's all over. So that being said, yes push over. Basically, whole dollar, half dollar, 1350 dip and rip oracle sees um resistance at 12, 50. 14..
So again, this is my number one dip and rip all day and then ocgn. We talked about that br that break at nine the other day. So jeff says that's. You know again, yeah i mean listen, you know, and i know we talked about dats yesterday morning, but you know listen if you're still holding a a twit.

I mean this goes back to what i said on, but remember everything i said on cei is the same as dads i mean i mean, and, and it's the same as wish remember one of the epic rants of all time was when someone asked me about you Know long-term investing and wish i mean listen, you need to understand what pump and dumps are and if you're still in dads man, i i don't know you haven't been, you haven't been listening to anything. I say because you know again another rant. I went on a week, it was like a week ago. I said if you don't recognize what these are stay away.

Okay and and again this is a rehash of something i said - i don't know it was like last wednesday or thursday or something i'm like. If you can't understand what that's cei bbig cause on down the line, then stay away. Okay buy yourself, some apple buy yourself. Some amazon and stay as far away as possible from dats cei, bbig, et cetera, et cetera, koss, on down the line, all right, so gr alex that's about grvi, 7 million float, bs and number one, as always.

Thank you alex for actually doing some due diligence. I love it so yeah we got a low floater with some bs amazon news. Nice breakout, though wow um jeez. This is interesting grvi.

So what this is a newer issue, so lots of, like here low float new issue, big breakout um. What do these guys do? This i mean this. I admit this ticker does not ring a bell. Oh no! It's weed! Oh no! No! Oh crap man i went from.

I went from so excited to weed boo man. It's such an emotion, you know, listen low float. Stocks are such an emotional roller coaster alex number one. Thank you alex, but i mean you could see the the euphoria and then it's a weed stock and then it just all fell apart promising, oh get famous famous last words in penny stocks.

Oh, i got ta put that in in bold uh, i'm actually i'm gon na i'm gon na. Do it in like red there. Oh so here's my thing on it on this okay. What am i gon na say you listen? You can hear my skepticism.

You can hear my distrust, that is, you know, it's actually interesting. It's interesting the story arc we've gone through this morning. I started out. You know talking about the old school days when i was, you know, 90 short bias.

So what you heard you heard you know tim from 2007 to 2014 come out right there. So that being said, that being said, i'm not the only one. Okay, i'm not the only day, trader scoffing at this news, i'm not the only day trader mocking weed stocks. Hey what's next, what's next, what do we look for when it when everybody you know, air quotes everybody's bashing here it comes and i'll end on this, i'm back to the pistachio.
The pistachio is my. I think my favorite whiteboard color for christmas. I'm gon na ask for pistachio uh pens for my my real whiteboard, so we're gon na look for that. Topping action and pre we're going to look for that week, open! What's that, do that sucks in all the so what what's the weak open? Do it sucks in all the sad jaded, yo, baby, boomer, divorced alcoholic short sellers? You know they're all sad sitting in their underwear.

You know they got the wife beater t-shirt with gravy stains on it, hitting the jack daniels at 8 40 in the am they got. Six ex-wives they're behind on all their alimony payments. Phone's ringing, it's wife number four where's, my money, so that sucks them in and then we look for that high day. You know so standard dip and rip all right.

My friends, i'm gon na go, have a healthy breakfast. I got six poached eggs. I need to eat um wednesday. Many of you know wednesday's leg day.

I'm sore as heck. I got ta. I got ta drink, some water get some creatine eat. Some eggs have a great day, um still really like nrxp.

I would call that my number one and then, if you're looking for that kind of slower mover, keep an eye on ocgn over nine. That's the idea from the other day and then, if you're looking for a quick in and out it'd, be grbi and um one of those days i didn't get to as many tickers as possible, but weed stocks and and and short seller hit pieces gobble up too Much of the time today so um all right have a good day check out the steady trade team, and we will see you all next time so one of these days i'll remember to get my outro music again down here.

By Stock Chat

where the coffee is hot and so is the chat

19 thoughts on “Pre market prep- stock market 10/14/21”
  1. Avataaar/Circle Created with python_avatars eWorkNOW says:

    Can't know how I stopmed onto this. All in all Damn good video โค๏ธ๐Ÿ˜„. I also watched those similar from mStarTutorials and kinda wonder how you guys create these vids. MSTAR TUTORIALS also had cool info about similiar money making things on his vids.

  2. Avataaar/Circle Created with python_avatars Kruzzer Beats says:

    Dope keep โ€˜em flowin brother Tim

  3. Avataaar/Circle Created with python_avatars Greg S. says:

    dats popping off 0.0

  4. Avataaar/Circle Created with python_avatars Alex Charles says:

    Made a mistake on getting in GRVI too early. Jumped in at 9:35am when it broke 8.50. Sold at 7.99. Went down to 7.75 and then shot back up to 9.25. Any idea what Tim means by the 9:45am window? Wait until at least 9:40am next time? That 5 minutes from 9:30am to 9:35am seemed like an eternity and the way the price action was going, for some reason it seemed a lot later. Next time, I'll know to keep an eye out on the time. Lesson learned.

  5. Avataaar/Circle Created with python_avatars Ninja4hire says:

    Tim Bohen is a legend does he have any courses?

  6. Avataaar/Circle Created with python_avatars David DeFea says:

    you tell 'em brother! pump and dumps all day long. Good stuff Tim!

  7. Avataaar/Circle Created with python_avatars Iain Lawson says:

    Quality as always Tim I did see sink to the bottom when you found out about the weed stock, here you should get a T short made up

  8. Avataaar/Circle Created with python_avatars Kate Wood says:

    The philosophy of the rich and the poor is this: "the rich invest their money and spend what is left. The poor spend their money and invest what is left".

  9. Avataaar/Circle Created with python_avatars Barry Christopher says:

    My life totally changed since I started with $7000 and I now make $17500 every 14 days

  10. Avataaar/Circle Created with python_avatars 2RipChic says:

    Been longing a small account, up to 320 now. Had a nice 9% green day yesterday JSPR. T2 is no fun.

  11. Avataaar/Circle Created with python_avatars G R says:

    Thank you Tim! Have a great day!

  12. Avataaar/Circle Created with python_avatars The Blazing Knights Gaming says:

    Was there for the show last night and man I wish I could afford to join but I gotta go at it alone thanks for everything guys next year I'll be in a better position hopefully

  13. Avataaar/Circle Created with python_avatars Jrosanova1990 says:

    Tim!!!!!! You are cracking me up over here at friggin 6 AM!!!!

  14. Avataaar/Circle Created with python_avatars John Robinson says:

    Imagine rich, being too lazy and ignorant to come to even the slightest agreement. Let's petition to fire the government or take from their pocket Money is good for only three things : fun, investing, and giving.

  15. Avataaar/Circle Created with python_avatars Jrosanova1990 says:

    NOOOOOOO, THE WEEED STOCK VIBE KILLER!!! THANKS ALEX!!

  16. Avataaar/Circle Created with python_avatars The Dancing Swede says:

    I ordered the 930 am market prophecy was charged $1495 and didnโ€™t get anything. Whatโ€™s up w that?

  17. Avataaar/Circle Created with python_avatars Garr Van Slooten says:

    I'm a newbie and I'm learning a lot from NRXP. Can anyone tell me what the "short seller hit piece" refers to? Thanks

  18. Avataaar/Circle Created with python_avatars avengethis97 says:

    Crxt

  19. Avataaar/Circle Created with python_avatars Bryan says:

    No.sound webinar

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