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All right welcome back everyone, um man, my let me get this adjusted here. All right, um welcome! Back uh! You know, man talk about an incredible week, nailed some my calls on you know: ed's uh, hlbz crvs. I mean nnvc scary out of a halt um, but man if you were like crazy, fast and prepared nice spike out of the halt on nnbc but um. That being said, it's one of those days, one of those days it's one of those days.
You know i always do the bad singing, but uh this. I tell you this this. This dj microphone just makes me wan na bring out the uh terrible singing so um all right. I am it's super strapped for time.
So drop your questions in chat. As always, and i'm gon na be in and out of here, very quick, i've got a lot going on. I got ta prepare for a webinar tonight if you're uh, if you're interested it is a free hour-long. Webinar tonight, um nicole, will drop the link in chat.
I'm sure so definitely check it out. If you got time, if not, i understand um all right. That being said, i know everybody wants to talk about. Mrin mrin is also my number one and is also the most liquid stock on oracle, so oracle.
We currently have a high of day what i would call 11.. So just keep things simple. I would call this a dip and rip love the news you know um some. You know revenue share with google nice to see love to see that you know - and you guys remember this one.
This was a recent squeezer um geez all the way back in beginning of july. You know already two and a half months ago, but you know here's the biggest thing i do want to say about mrin and remember: i said it was over. I said it was over when this thing was at 18, 16, 15. um, and i i can't remember the number i gave, but it's probably a lot like elf.
You know, i probably said hey. This should be a six dollar stock. I mean, i don't know you can go back and watch i mean you know. Just like i said elf should be an eight dollar stock.
I mean you know, remember it's don't believe the idiot basement dwelling short sellers. I mean this thing is not going. You know as much as i bashed it on the back side. Never at any point did i say this thing's going all the way back to a buck 78.
Now, if you follow creepy weirdos in their mom's basement, they'll tell you. It is so anyway, nice basing action there at 5 50 going back to that news back in july or july, which was also the breakout level from back in last october. So that being said, we got some great news. I'd look for that break of 11, post 945 risk down on v, whap and then a goal.
You know you basically got that that give you a 50 cent roughly risk. You know that would give you a goal of 12.50. I mean. Could this.
I mean. I mean in all realistic, you know talking realistic, not pie in the sky dreams. Could this go to 1250? Listen again, history doesn't repeat, but it rhymes. You know back in july, from you know, gapped up to three went to eight gapped up to nine went to eighteen gaps. Up to twenty goes to twenty seven i mean it's got the ability to move now, stick to your plan, etc, etc. But when we talk about realistic goals, could this realistically get to 1250 if the volume stays 13 million shares this morning, sure you know and again, oracle has that 1252 level as a major resistance level, which would tell you if the trade plays out as expected. You'd probably want to take br profits into that 1250 level, so uh dip and rip over 11 risk on v goal three to one then zela and then i'm probably um. I'm gon na run through again, i'm gon na run through a few uh zela dip and rip over 215., keep in mind guys and gals.
You know i love all the ladies out the ladies out there as well uh. I keep going in the fm dj mode with this anyway um. I would be careful with anything but mrin early, because it's what we you know it's what i call the shiny object. Ultimately everyone's going to be watching mrin, so any of what i would call these secondary plays, which to me zela's a secondary play.
I would uh. I i i would i would be so. Let's say let's say you don't like mrin for whatever reason and it's valid whatever you're. Just like.
Ah tim, i i don't like mrin, i feel, like you still got, ta watch it because if, if mrin goes wild today, i your i think a lot of these other plays are gon na struggle to make any moves that make any sense. You know, and again this is a concept i talk about all the time. There's only so many degenerate day traders, okay, most people, most people aren't trading the stocks that we're trading. Okay, i mean listen, you'll, never hear about mrin anywhere in you know: cnbc wall street journal.
You know bloomberg news et cetera, et cetera, et cetera, so not that that's a bad thing. It's just understand that when we get a wild runner like an edsa like a crbs quite frequently, there's only one or two of them, so in my opinion, you got to keep an eye on those uh you, oh sorry, if zeal is your number one, if uh Any of these other runners this week are your mains. You got, you still got to watch, uh, mri end and then so. For me, mrin is number one and then number two is crvs uh nothing new here i'd be looking at a red to green for the continuation of a scree of a squeeze.
Eight eight fifty would be the aggressive play, and then the break of nine in the afternoon would be the more conservative play and - and that's all i need you know - i mean i think one of the mistakes - a lot of people make. Is they try and trade and watch quote unquote too many stocks um? It only takes one, you know and uh, especially if you're part-time. You know if you're a part-time trader or you're under the pdt get out of this mode of thinking. That more is better okay.
I don't care if there's 50 stocks running or one stock running, if i can make a buck 50 a share on mrin, i don't care if there's 50 moving, i don't care. If there's one moving. It only takes one so crbs aggressive morning idea red to green. More conservative idea break of nine into the afternoon, and i tell you i you know. I said this with crvs i mean this was on the weekend watch list. I did a video on friday, i'm like this thing is going to hang around hang around and i and and i compared it to mrin, elf, uh, all of them, yeah, uh, btx, etc, etc, srpt, etc, etc. So all right again, sorry to be a little rushed everyone, but i just got a crazy busy day, but i'm still here for you - and i do the best i can in the time allotted so have a great day and uh. We will again check out the webinar tonight: free 7 p.m.
Eastern have a great day and we'll see you next time. I need to get that outro music. So you.
Thank you
The man, thank you! ๐๐ป๐ช๐ป๐บ๐ฒ
Great stuff again Tim, but where's the TimCam? Also one quick question, do you publish your own trades anywhere? Like so many of the others in the STT / Tim Sykes world?
No screaming what happened no poached eggs yet actually could follow through thanks new Tim
good morning
Thank you Tim
Letโs do this!!! Tim for President!!