Good morning! I apologize for any confusion that my early session and/or Instagram issues caused yesterday. Everything seems to be back to normal today. Thanks for your patience!
Here’s what I’m watching today…
My top dip and rip watch today is Orbsat Corp. (NASDAQ: OSAT). I’ve been watching it for a while now. I love it over $12 and think it could be in play all day...
A few followers asked about Globalstar, Inc. (NYSEAMERICAN: GSAT). It’s perking on volume, but recognize it for what it is — a sympathy play to OSAT.
Will the squeeze continue? Mediaco Holding Inc. (NASDAQ: MDIA) is my number-one watch as a potential red-to-green on what could be a day-two squeeze…
A bunch of people crowed on my Instagram about how Exela Technologies Inc. (NASDAQ: XELA) is a great short. Just look at the chart … nope! Personally, I love it over $4.
Ault Global Holdings Inc. (NYSEAMERICAN: DPW) is the sketchiest of the sketchy penny stocks. But man, do they know how to play the promotion game. Every time there’s a hot sector, they seem to pivot to it and generate a press release. It’s a terrible stock, but it’s 100% a 9:45 a.m. or later play!
As for those who got suckered on ContextLogic Inc. (NASDAQ: WISH) … Hate to say I told you so, but I did warn about it being a Twitter pump on June 28…
A few followers asked about Tesla Inc. (NASDAQ: TSLA). I’d say follow the rule of 100 over $700...
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