Small-caps I'm trading & watching

Now that the 10-year yield cracked (thanks Bill)

Author

Jason Bond
October 24, 2023

Good morning,

Here’s why I alerted LIAN and how I knew it was likely to go significantly higher. This was the perfect Daily Shot.

Daily Shot is my top pick each morning. I’m live on camera from 7-10A EST scanning and when I find it, I alert the chat and your smartphone. Learn more here.

With a market cap of $271M prior to the news, and a strong cash position of $2.49 / share, the agreement with Bristol Myers Squibb for $350 million up front meant 129% possible jump in the share price.

Daily Shot chat room alert for the early birds.

Also sent to the RagingBull APP. If you’re a JBP subscriber, make sure you download the APP and enable the alerts, they show up on your smartphone screen just like a text message.

The core of the JasonBondPicks service is swing trade alerts across 1-4 days looking for 5-20%. The quicker we get the 5-20% the better. Because the IWM has been in a steady downtrend, there haven't been a lot of these alerts. But that changed Monday when Ackman covered his short on bonds. And we’re seeing follow through this morning in the Russell (small-cap 2000).

I’m swinging BTBT at $2.34 with bitcoin as the catalyst and would like $2.50-$2.70 for an exit. Bitcoin broke out above $30,000 Monday and rallied as high at $35,265 Tuesday night, carrying MARA, RIOT, and BTBT with it.

I also have DDD at $4.34, ANGI at $1.74, and NRDY at $3.34, all of which I’d like to hit 5-20% on over the next few weeks. DDD and ANGI extremely depressed valuations put a takeover target on their back. I like all three of these trades for a 1-2 week hold now that the 10-year yield squeeze cracked at 5. Thanks Bill, please tell your billionaire friends to cover too, we need a bounce in small-caps.

Hidden Gem LQMT update. My average is $.096. It has some buzz around it right now due to the new OPPO foldable phone hinge. Jump to 1 minute 50 seconds to hear what TechNick has to say about it. I haven’t had the chance to research this further but the general consensus is Yihao, who has an agreement with Liquidmetal, is making this hinge for OPPO. And a version of it is to go on sale in the United States, Canada and EU. As to whether or not Liquidmetal will get pass-through revenue I do not know. When I get some time I will research more.

VRAX is my other Hidden Gem and my patience is running out with this one. My average is $.44. I’ve had a few chances to exit between $.80-$1 and I got greedy. If this doesn’t rip soon I’ll wind down my position and look for a new Hidden Gem because as we get closer to the January Effect, there’s a lot of really good small-caps extremely depressed that could double or triple.

Finally our momentum stocks to day trade in the chat room are plentiful this morning. Here’s everything up 10% or more for opening range breakout alerts.

Not a subscriber? Get the alerts here.

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.