Monday movers

Good afternoon,

This morning I buttoned up a nice 7% win on DDD and 2% on ANGI. The wins are stacking up on the swing trades.

DDD is riding that 10-day EMA perfectly and has range to $6-$7. Rinse and repeat on these swings, but I’ll wait for some retracement before getting back in, maybe around $5. 

Master penny stock watchlist 

As I pick up the pace of small-cap swing trades, I wanted to do a refresher on the biggest mistakes I’ve made when trading penny stocks. The lesson was recorded live last Saturday and is on-demand here. Stay tuned for more video lessons.

Markets close early today at 1P E. I am in VERI, VRAX and LQMT. I plan to add VERI between $2.15-$2.20. 

I also plan to buy and swing OTLY between $.73-$.77, BBAI between $1.80-$1.90, GEVO between $1.15-$1.20 and NRDY between $2.70-$2.80.

Very good chance I will speculate on ANGI again too. I sense that’s a takeover in the making.

So lots of alerts before the 1P E close. 

Long-term LQMT has moved up 64% in November, mostly in the last week as several major catalysts have emerged, which I’m tracking below.

It’s floating higher without much retracement which leads me to believe it’ll get above $.10 soon. As I’ve been saying, there’s not many sellers on the level II between $.06-$.10 and with these catalysts just getting started, a trend should emerge.

First, speculation that the ~$100,000 from the pinion gear prototype leads to production, an 8-K and favorable press release. This technology is a big deal and NASA is in the game. The market for pinion gears is huge and while it’s a long shot, Tesla’s new Cybertruck is a brand new technology. Li’s Eontec already makes Model X door-lock cases for Tesla. The Cybertruck launch will come and go, but the speculation of that pinion gear prototype going into production will remain and hopefully lead to a whale contract. 

Second, the other big catalyst I see is Monday’s launch of the Evie Ring by Movano Health. Turns out orders started Monday and it’s made of Liquidmetal. This is likely to lead to an 8-K and favorable press release. 

Movano has submitted the device for FDA medical clearance, passed the first milestone of the review process, and is now under full review by the FDA. 

Here’s a good video that shows why Movano likely chose Liquidmetal over titanium.

And here’s a patent Movano has that Apple might want its hands on, especially now that the Evie Ring is out. I find this connection VERY interesting.

Third, CEO Chung filed a form 4 (insider buys) Tuesday night after scooping up about a million shares between $.049-$.064. 

All three of these catalysts are very real and should continue to drive the stock because they could lead to favorable 8-K press releases in the coming months.

As I pointed out after the 10-K, there’s very little liquidity on the level II ask, meaning it shouldn’t take much for this to climb to $.10-$.20.

Finally, the last catalyst is Li raising $15M recently. Some speculate he might soak up shares under $.10 and take full control of the company, and while I like the idea, it’s impossible to know what he plans to do with that cash. The above catalysts are very tangible.

Monday movers alerts to follow.

Jay

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