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All right good morning, everyone and welcome back um a lot of you number one. Thank you for all the comments. A lot of you guys asked about the webcam uh. I think it's cool that you guys like to see me thrash around like an idiot um but yeah the webcam should be back tomorrow.

I've got a meeting with our videographer later today to kind of get some lighting improved. You know a lot of you guys might have noticed the other day. I tried using it and it just it. It was so dark and it just looked like crap so anyway.

Thank you again for all the comments and uh. You know. I think it's cool that you guys, like the camera, so um right off the bat number ones. For me, um mrin was a little uh.

You know at the end of the day, i always hate to use. The term quote unquote disappointing because i we know what these are. These are just junk penny stocks. You know they're, just you know, mrin you go back to two months ago: it spiked you know multi-day, spiker and then got destroyed and then had the news uh.

Today's thursday, tuesday night so i mean yeah, i had higher hopes, but ultimately we talked about that post. 9. 45 break of 11. That never came so don't underestimate the value of defense, man um, something that i say all the time there there's a million.

You can always fight before i move on to tickers here's your little platitude of the day. I think that might be the right term, but uh you can always find a reason to buy a stock. Okay, i mean they say humans can justify anything. You know: listen not to we're coming up on halloween, not to get too gory, but listen serial killers justify what they're doing.

Okay again, it's halloween bear with me on this analogy, but you know it's like ted bundy's like hey, you know, i'm i'm a good guy. You know i'm just i'm just out there. You know you know pursuing my hobbies that include, you, know, necrophilia and eating dead bodies. You know, but but hey you know, i'm a good guy.

Anyway. I've heard good things about the ted bundy uh netflix documentary haven't checked it out yet, but anyway, that being said, you can justify anything. You can always come up with a reason to buy a stock. I think that's one of the biggest reasons we see this high failure rate.

Nobody will stop you, nobody will stop you, you can get into any ill liquid. You know thousandth of a penny stock. Nobody will stop you. I think the biggest key, especially when you're talking these wild runners, is being able to be selective and being able to be like hey.

This didn't hit my level. It didn't hit my time of day, so i'm not in it. I'm playing defense and that's huge. You know you may not agree.

You may be like. I want to trade. Bro bro bro bro give me something to buy bro, but you know defense, defense wins championships. So that being said, i would like to see a red degree on mri and i think maybe it could come back from there and then the number one watch on oracle is mrim and low float stock already rotated.
The float has some kind of whatever you know and then the chart is yeah. It's multi-month breakout a lot of one-and-dones, so i would uh you know again. That's the number one algo play mrn number. One oracle idea wait for your levels on the algo, so, oh speaking of that walleye gill.

Well, i gill well done says what do you think about it over 1425? Well, basically, you know walleye gill, you've been around um. I recognize your username from geez. I want to say: walleye gill, wasn't he's an og pre-market, prep listener. I got ta, i i wan na say he's been around since the beginning, but anyway you know this.

Is that dip and rip so we got ta wait for it to kind of set the high as of right now, i'd call it more like 14.50, but it's obviously early. So let let's i again. I would say: let oracle kind of act as a guide and then also just be patient and wait for the high to get set. So brian speaking of oh geez, man, brian, is always like first in baby.

So what do you think about ater? You know again. I would look at multiple levels on this. You know very similar to what we look at, i think with the the aggressive idea. So i in in my opinion you basically got three ways to approach this one um and i and i will these - will progressively get quote unquote, less aggressive, so number one.

The most aggressive would be a red to green and then two would be a break of pre-market highs at 17.50, uh pre-market highs and then the safest is number three afternoon breaks of yesterday's high, and i talked about this on the uh webinar last night. Um not sure if any of you were on there, but you know that that cold that whole idea of you know a lot of you are asking. You know hey. Why do you talk about waiting till afternoon, especially when the stock's way way detached from v-wap? And you know we just like to see them settle out and then form that afternoon trend and very similar comments to that break of the previous day's highs.

Now, obviously, atr isn't disconnected from v. It's actually pinned to v. Right now i mean look at that thing. It's tried like eight times to break and failed, but just kind of making that point of letting things settle down and then the safest play and again you know, depending on your risk profile.

You know if you're, if you're in mom's basement, if you're, if you're 22 years old in your mom's basement and she keeps refunding your trade account, your trading account you're like mom. I did it again my where's, the meatloaf ma where's, the meatloaf and refund my account ma. You know if you're, that guy you take the aggressive place, because you don't care, you know you don't care what you do you blow up. Mom gives you more.

Mom brings your meatloaf and refunds, your account, so, but if you're a real person, you know if you're a real person with with commitments with a job. Maybe you got a mortgage, you know you got people that depend on you. You take the safe place, so determine your risk profile, so um masaru asks about bb, so bb blackberry is is kind of like man, i'm just full of my i get stuck on references. My reference of the day is og original gangsta.
Remember. Blackberry is like as og as it gets when it comes to uh wall street bets plays, if you remember, blackberry other than gamestop. You know, blackberry might might have been the number two uh meme stock going back to last winter. So that being said, had some news wall street bets pumping like usual i'd, look for breaks of 10.50, so um, and you know it is a little quieter out there.

So i would say this a little quieter would not surprise me to see meme stock pumps. Today, hey man, we need something you know: uh whoops blackberry bb pushes through what did i say: 10. Yeah. 10.

50.. 10. 50 is a nice level from last night and this morning and that just to close that point considering it is a little quieter out there. I could see you know again everybody kind of rushing towards the meme stocks, so hlbz had a pr really.

Thank you infamous blue. What do we got here? Thank you infamous blue. Thank you. So let me take a peek at this um, our official intelligence, to scooter sharing, oh, that warrants a coffee shop, baby, um man, um, beautiful, artificial intelligence, scooter sharing.

Ah that's some good black rifle um blah blah blah blah blah blah blah um. So, let's take a look so right off the bat, it's a it's a pr, but it's a bspr. So i you know: hey we're back close to 30.. So this is what i would say on hlbz, artificial intelligence, scooter sharing.

I love this bspr um. What was i about to say? Uh? Oh, oh um! This is at rule of ten and you know i go over the rule of ten a lot. It's a really simple concept. Don't over complicate things! Think of this, like a three dollar penny stock, so volume not great, but it is a higher price stock.

So 400 000 shares i'd like to see some better volume, so breaks of 30 post 945 love the pr so um matthew asking about crvs matthew said please, so i will go over crvs because of his his manners. Um we're backside right now be very careful. You know big red day yesterday, failed to follow through um, be really careful. This is what i'm gon na do and i'm gon na do it right now.

I'm gon na set an alert at nine, and here remember: we've had a lot of these bounce, but don't uh, you know, don't try and play guessing games on the back side. Crvs back at nine tomorrow's friday, you know oh whoops, oh greater than whoops. I did my conditionals wrong. Greater than nine create okay, um.

Tomorrow's friday would love to see crvs kind of chop around today, but i mean all i got to say is you know. Remember, remember mrin i mean, and that's actually mrin is a great example because listen if you bag held mrin, you could be like. Oh well tim it. It bounced.
Yesterday, yeah three months later it bounced okay. So that's my point with crvs: don't play guessing games? Don't bag hold you big red day, gapping down again today, just set those price levels and again you could have done that with mrin. Don't bag hold for three months? Hating your life. You know it's like, whereas you can take it off, your watch set an alert and if it breaks out again, that's your entry, that's your that's your target area for a day, trade on a sketchy, low price stock.

So all right, i am going to bail again. Thank you, everyone for working with me. You know, i know the mic didn't work the other day, and i know you guys, like the uh, the camera, so getting everything fixed. It's a pro.

It's a progression. You know i'm here all alone, i'm here all alone. In the wilderness of michigan, i got ta hook up all this crap and figure it out myself. So um have a great day again.

My number ones, as of now would be uh mrin if it can get that m-r-i-n. Okay, sorry, let me let me just to be clear m r, as in robert i n from yesterday okay from three months ago and then also mrm. You know mary robert mary, i mean. I know i can kind of smudge letters together.

That's that oracle low float day, oner and then ater. If it can get back there, i like and then real long shot. Real long shot is hlbz. I i just.

I don't really see this pr getting traction, but hey i've seen stranger things. So all right have a good day. My friends, and we will see you next time so.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “Pre market prep- stock market 9/23/21”
  1. Avataaar/Circle Created with python_avatars The Chimp says:

    what resource do you use to get the news/catalyst for the companies? it seems so quick and simple

  2. Avataaar/Circle Created with python_avatars MickT Day Trading says:

    Thank you Tim

  3. Avataaar/Circle Created with python_avatars Gilbert Clever says:

    My life totally change since I started with $7000 and I now make $11000 every 14days.

  4. Avataaar/Circle Created with python_avatars Dani Schei says:

    Mommas boys are def not real people

  5. Avataaar/Circle Created with python_avatars Eddie Frazier says:

    I'll be watching these every morning til it all makes sense. ๐Ÿ™๐Ÿ™๐Ÿ™

  6. Avataaar/Circle Created with python_avatars Jake Campbell says:

    Walleye Gill and Duck Trader are some of the OG's

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