- Jason Bond Picks (Member)
- Posts
- Pox stocks erupt & CING dilution
Good morning,
Last week was loaded with great alerts on pox stocks. They’ve exploded higher but at this point I think the risk is no longer worth the reward.
CING dilution hit this morning to the momentum is likely gone there.
ALZN has good news out so I’ll start watching for Fibonacci Retracements for entry. The float here is tiny at 640K and range is $10-$12 making it attractive above $6-$5.
Small-caps should head higher into September’s interest-rate cut so IWM calls sound good to me.
VERI hit $4’s from my $2.50’s alert and buy. I think it slows down here but with IWM likely to trend, this could see $6-$7 before momentum is lost. Good news late last week too on the AI front.
SOUN right at $5 post earnings looks good and could see $6. The company has a lot of cash and an AI component and has the attention of NVDA.
Jay
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