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Oh no youtube session wait looks like it's working. It is working all right, all right! Sorry about that. Is it working? No! No! It is working all right. Welcome back sorry, it uh um! Well, wait! I got ta play the best intro ever all right.

Let me check one more time: well, nicole semi quiz, it must be working, it's just um, sorry about that. Just it uh right here you can see stream not configured but appears to be working. So welcome back. Everyone welcome back to pre market prep, so um sbea.

I now know many of you that have been here for a while: i've been bugging matt and evan at black rifle coffee to reach out. You know i promote their their great stuff every day now. I know why i didn't realize they were in the middle of going public via spack, and i mean all joking aside. They probably you know you have the quiet period going into a listing and stuff.

They probably couldn't actually go out and promote their product on a stock market related live stream. When they're about to go public now i know i would start several nights. I would cry myself to sleep and i'd be like why? What what what did i do? What did i do? Why won't they reach out so now i know so anyway, i'm all joking aside, love it love it. I mean this is you know and and i'll move on, but i'm just such a fan of black rifle coffee, veteran owned.

First of all, it's coffee - i mean you guys know. I have an unhealthy addiction, coffee greatly respect matt, greatly respect evan. I look look back at what they did. They i mean they.

They basically just started out doing goofy youtube videos. You know i mean go back and watch some of their early videos, just dumb videos with their veteran buddies here. They turn it into this amazing company that primarily hires veterans, um and now they're going public congrats congrats congrats. So that being said, understand, there's a difference between day trading and investing, particularly on day one issues.

So i know what a lot of you guys are gon na, say: tim you're, probably gon na, buy some sba. Today i may day trade some aspa today. I ain't investing today because remember and - and this is a good point that i don't know - i don't know if i've talked about recent - i've got youtube videos on this i mean. Remember you get the fomo, you get the euphoria day, one they tend to run and great day trade try to dip and rip trade a v hold.

Then they almost always gap down the next day. Then they go into some sort of consolidation period and then the goodbye for a longer term hold is when they break out, and you know, and i always go back to facebook. I mean facebook is like my favorite example, because if, if you were around when facebook went public, i mean 2012, i know 10 years ago, but like everyone, you know facebook going facebook's going fake. I mean there was so much fomo.

So much euphoria and again i i'm sorry. I tell this story a lot, but i mean if you bought day one you weren't green. Basically, for a year, you were bagged for a year on facebook, okay and again, love or hate facebook, they're a cash machine. Okay, you can bash facebook if you want, but i mean they're just they're they're heat.
They heat the offices with the money that they throw into the into the into the fireplace okay, because they don't. They don't know what to do with all the money they got. But if you bought day one on one of the most successful light companies in history, you were bagged for over a year, so i always like to use that example. So that being said, sbaa dip and rip v wap hold but day trade.

Only um sba congrats to brcc love to see a american veteran owned small business crush it american dream. Damn it love it love it um day trade. Only all our patterns, all right. Let's move on um aabb, it's an otc right! Yeah i mean it's in play.

Um so understand aabb, it's an otc nice gap up. What do you do if you took the gap, sell the gap? Let me go back to one year chart. This thing tends to put in multi-days. If you bought the gap, sell the gap um morning dip and rips afternoon v-lap holds - and i would say this: it's it's your decision.

Okay, but you'll. Remember the discussion of aabb going back to this spring in the summer, there's so many bag holders in this okay. Um this was again you guys should remember me talking about this many many times i still am on speaking of facebook. Oddly enough, i'm still on, like i got added to like all these aabb facebook groups, i don't even know how i got added to them, but i mean this stock was pumped pumped pumped pumped all spring all summer, so my so, if you're, if you're, if you Bag held okay.

Maybe it was your first experience with a pump and dump you didn't know what you were getting into. You thought aabb was going to a dollar. You thought it was going to ten dollars if you're still here, six months later, you got a nice multi-day run here. You probably got a lot of your losses back and understand.

This is a sketchy sketchy, sketchy otc. So there's your chance. There's your chance to redeem yourself to the bag holder, gods, fsell, that's probably f-cell's, probably my number one: does anybody even ask him on if so nobody's even asking about fso? So this is probably my number one um. This thing's been steadily up.

Trending just broke out to multi-month highs, i'm hoping it slows down a little bit dip and rip um aabb! Take it if you got it so when i say take it, if you got it, take the gap. Man just take the gap and f cell dip and rip and number one hopefully slows down i'm hot on evs man. I think you know, with tesla breaking out um a lot of you guys asking about lcid weak, open red to green, yes um. I i expected more out of lucid yesterday to be honest: ocgn! Yes, yes, yes remember, that was uh.

Oh my gosh um remember. Ocg was one of the number ones yesterday morning, um yep in play all day, and and all i mean all ocgn did - was grind higher grind higher grind higher, so dipping rips afternoon view apples. I know i get repetitive. What did artl do yesterday? That was artl was the hc wainwright pump from yesterday faded all day gapped up this morning, but did went all the way to 86.
So so there you go failed to break the high of the day post 9 45 and closed on the low of the day. That is why - and i know this is going back to yesterday - that's why you never ever ever take hc wainwright pumps anyway, that nobody cares about. Yesterday, ocgn afternoon, v whap holds and uh dipping rips, probably number two. This is probably my number two behind uh f cell um, full squeeze mode.

I mean this thing. It's just every day. It's it's green, so um jorge says sab is similar to bttx really yeah. I don't doubt that set an alert at 12.

jorge i don't. I don't not the uh, you know not the kind of volume i want to see, but all right one more and then i'm going to run i'm on the road, i'm in beautiful austin texas. So that's why i'm using the phone, the laptop but, as i always say, i'm here for you baby, so walleye gill, f cell over 10, it's ev time, i'm gon na end on that actually walleye, gill. That was the first comment of the day and he wins it coming in strong.

So yes, i mean it's to me: it's eevee, it's so so here's my day, ev plays black rifle and ocgn other than that these crappy biotechs. I don't really care about um. That's my that and that's what i think you should be focused on evs evs, evs, so evs sprinkling a day, one spec! Okay and again, i think i made this point clear. I as much as don't confuse your lovable product, your love of a company for the setup.

Okay, i wanted to make this point. I think i got i missed it understand. The reason i like sbea is because specs are hot. Okay, now doesn't hurt that i like the company i like coffee, but six months ago, sba probably wouldn't even make the watch, so that might be the biggest takeaway.

I want you guys to understand. You hear me say this all the time: hot sectors, hot sectors, hot sectors, hot sectors. Six months ago, i'd probably be like: oh hey, cool black rifle's, going public. The reason i keep going back and keep reading it or re-mentioning it.

Spax are a hot sector. Now think think, dwac okay, dwac started all this. So that's the point i'm trying to make spax eevees and then sprinkle in a short squeeze biotech like ocga make sense all right. My friends have a good day and we will uh we'll see you next time.

So speaking of of coffee, who decides, i would like to know this, who decides to put one one k-cup in the room? Who makes that decision? Hey? Is there any coffee in the lobby or anything before i head down? Okay, perfect! Thank you bye-bye. I, like i, like old-school, phones, the best part about old school phones. Anyway, what kind of psychopath decides to put one one k-cup in a hotel room? All right have a good day.

By Stock Chat

where the coffee is hot and so is the chat

11 thoughts on “Pre market prep- stock market 11/2/21”
  1. Avataaar/Circle Created with python_avatars Steven Hart says:

    Thanks Tim.

  2. Avataaar/Circle Created with python_avatars Eric Vandezande says:

    Coffee addiction bro.

  3. Avataaar/Circle Created with python_avatars Allena Armistead says:

    What does a w mean on the end of a stock for example $SBEAW

  4. Avataaar/Circle Created with python_avatars Austin Reed says:

    No small caps live this morning? Was Kyle too hung over from yesterday to get up? Matt did say he was going to so one this morning. So much for consistency. Haha

  5. Avataaar/Circle Created with python_avatars Trades R Us says:

    Lol what psychopath?!;ROFL idiots! C'mon management or lazy housekeeper! Love it. Thanks Tim.

  6. Avataaar/Circle Created with python_avatars James Gormley says:

    Thank you Sir.

  7. Avataaar/Circle Created with python_avatars Jamie Omdahl says:

    Thank you! Tim!

  8. Avataaar/Circle Created with python_avatars Garrett Fuller says:

    This is why I always wait through the outro music. Sometimes there is more. LOL

  9. Avataaar/Circle Created with python_avatars James says:

    Let's go Brandon!

  10. Avataaar/Circle Created with python_avatars Jim Brears says:

    Honesty works

  11. Avataaar/Circle Created with python_avatars Kiesa Smith says:

    Love you

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