Hump day hot penny stocks

And our futures newsletter launch

Good morning,

Algo Futures Pro with Taylor Conway will launch today and the newsletter will start tomorrow.

I’ll introduce Taylor and the new futures service at 12P EST in the chat room. Join the room now or anytime before the event.

Liquidmetal 10-Q came out last night. Cash and assets of about $33M is strong and equal to its market cap. I’m long this name and generally there’s not much to talk about here.

However, it looks like the company received about $100K from the pinion gear prototype. This is a good development, especially if it turns into mass production. The market size is big for pinion gears.

Zoom in to read the lable

See “Drive Mechanisms” at Liquidmetal.com/medical

Join the conversation r/LQMT

In an ideal world we see an 8-K down the road announcing a deal and mass production. I continue to believe the big rip higher on LQMT is likely to come from an unexpected press release.

The penny stock index IWM broke out of its downtrend and I think is on its way to $200+ headed into 2024. $180 resistance could cause some chop, but overall I think we go higher.

SPRC is a hot stock I bought in the chat room this morning. It has a small float of 2.45M and a good chart pattern provided it can break and hold $7.50. From there the range is $10-$15. 

All the good penny stocks are getting a bid lately. Let’s keep an eye on ANGI, FUBO, VERI, NRDY, PLUG, PRPL, IQ, DDD, BBAI and BYND.

I’m still in a big core position of VRAX and continue to reduce my size a little at a time, per the plan. I can’t believe it hasn’t spiked in months and am looking forward to being done with this trade in the near future. This was a bad day trade that I then turned into a bad swing, and finally a bad long-term trade. The lesson is stick to the f’ing plan Jason! 

There’s a few other spikers this morning but nothing that stands out right now. SPRC definitely has the best setup at the moment.

Let’s keep the conversation going in the chat room

See you soon. 

Questions or concerns about our products? Email [email protected] © Copyright 2022, RagingBull

 

DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer

FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.

RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.

RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull.com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.

RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.

WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.