What's up everyone? All right, in
today's episode, I'm going to break down
the biggest movers in the market so far
this morning. I'm going to walk you
through the trades I've taken and my
watch list for what I'm looking at as
the day goes on. Let's go ahead and jump
onto the screen share and start breaking
it down. We'll begin with a look at the
biggest gainers in the after hours
session on Friday because those carried
through here to Monday morning in the
pre-market. GRML and GLND. Both of these
are Greenland companies. GLND, Greenland
Energy. GRML, Greenland Mining. There
was a catalyst on Friday, uh, a headline
from the White House about Greenland.
And this sent both of these stocks
squeezing in the after hours session.
So, I had them on my watch list that I
uploaded on Sunday uh because of those
moves in the after hours uh session on
Friday. Now, between the two, GLND and
GRML,
I was a little bit more interested in
GRML because the float is significantly
lower. It's 1if the size of GLND.
GLND is a 25 million share float, which
is not outrageous, but it is on the
higher side of what I typically would do
well on. It was up 150% as you could
see. It's got 58 million shares of
volume. So that means on the total float
the the volume right now is a little
more than 2x the float. So all of the
shares essentially have turned over
twice. But on GRML all of the shares
have turned over 10 times. Now at the
end of the day both are up similarly
150%. Um, but I did find GRML to be the
one that was a little bit easier to
trade because as you can see here on
GLND, although you had a big move in
after hours pre-market, it pops up at
4:00 a.m. and that was the high and
since then it's been more or less going
sideways. Whereas GRML was a little bit
slower in after hours on Friday. It
popped up pre-market, then it sells off
and then it rallies back up. And right
there was where we got some nice
volatility from $450 up to $8 a share.
Okay, so that was a really nice move.
Now, right now the leading gainer in the
entire market is GLNDW
which are the warrants. Higher price
stocks like Apple, Nvidia, they have
options chains where you can buy an
options contract to buy the stock at a
future date by a future date at a
particular price. But small cap stocks
don't have options contracts. However,
they do sometime sometimes have
warrants. Warrants are an option
contract that give you the right to buy
the stock at a later date. So, the GLNW
warrants give you the right to buy the
stock at $5 a share. So, right now,
you'd be paying 76 cents a share for the
right to buy it at $5 a share in the
future. Now in reality
[clears throat] most people aren't going
to actually exercise that contract. So
what ends up happening similarly to
options is that if the stock is highly
volatile then the value of the warrants
increase. If the stock suddenly goes up
to $10 a share then the warrant to buy
it at $5 is worth at least $5 a share
right now plus a little bit of premium.
And so that's why these are moving. But
generally speaking, I don't trade
warrants because I don't find them to be
liquid enough to really be easy enough
to get in and out of. They're a
derivative. So, it makes sense to just
trade the underlying asset that's
actually moving, the outright stock
typically than to trade the derivative
unless you couldn't afford it. But GLND
is not that expensive. It's only $2.83.
So it's easily affordable unlike trading
uh Tesla but choosing the options which
have a huge uh spread between the prices
options being much cheaper in this case
they're not that far apart
realistically. Okay so that's our
leading gainer GLND warrants GLND and
GRML leading gainers of regular stock
and then we have VE
this is the stock that put out a merger
catalyst back in August and this thing
exploded. It made an incredible move
from $4 a share all the way up to 48
bucks in 2 days. It pulls back. It
pushes up to 56. Then it rolls over
pretty hard. Bounces a little bit there,
a little bit there, and goes lower.
Well, today it started bouncing again.
And I had expressed in my watch list
that I was a little cautious on it. I
wasn't sure it was going to really work.
It was on the after hours top gainer
scanner from Friday. And so pre-market
it sells off and then suddenly here, not
really for any particular reason, it
squeezes from 1050 up to 14. We come
back to the double top and it pushes
through up to 15. Then it dips down,
drops all the way back down, as you can
see here to about 12, then bounces up to
over 15, then back to under 14, then
back to 15, and now right now it's
halted up at $16.32.
Wow. What was interesting to me on this
one is that some of the breakouts,
including this one right here, occurred
when the MACD was negative, which is an
interesting divergence. Typically, my
best trades are when the MACD is
positive. And when the MACD is negative,
I'm on caution, on alert to not take the
trade because of the risk of a false
breakout. But in spite of that, this
thing pushed higher. So, that's
interesting. I'm sure there's traders
that are focusing on it. In fact, right
now in the small cap chat room at
Warrior Trading, we've got John, one of
the moderators who's streaming. He's our
first moderator, our first member at
Warrior Trading to earn his million-doll
badge. This was a number of years ago,
and he now streams when I go offline.
So, I trade premarket from about 7:00
a.m. to 9:30. And then John takes over
and runs the broadcast through the rest
of the day, going on and off. He doesn't
run all the way to 4 p.m., but he goes
on for a bit and then goes off and then
comes back on as things are moving. So,
no doubt he's probably walking people
through this price action on VE E. All
right. So, in any case, leaving money on
the table by not trading it, I suppose,
but that's fine. Every day, you're doing
one of two things. You're either giving
back profit or leaving some money on the
table. And I'd rather leave a little
money on the table knowing that I walked
away with profit today to the tune of
$10,000.
$10,391.36.
That's a solid day. So, that's where I'm
finishing here. And all of my trades
were on GRML.
So, let's pull GRML back up. All right.
We're going to now get into breaking
down my trades from the morning. So,
GRML this morning, um, we had this, of
course, big move after hours, continuing
into 4:00 a.m., sells off, and then
right at 7:00 a.m. it starts to rally up
right here. So, as it was rallying up at
7:00 a.m., my gut feeling was that I
wasn't really sure how well it was going
to work. We had this big candle from
pre-market, you know, that was up with a
high of something like 650, something
like that. And so, I I just wasn't
totally sure. And it started to rally up
to five, then to 520, 530, 540. I saw a
seller at just under 550. And I thought,
nah, that's kind of a big seller. I'm
not sure if that's going to work.
probably gonna leave it alone. Um,
however, sure enough, it ends up
breaking through that seller. As it
broke through that level, at that point,
I was like, "Okay, we've got something
here we can work with. I'm going to go
ahead and jump in this." So, I ended up
jumping in as it broke over 550, and we
got this squeeze up to 575,580.
So, that was my first trade there. It
was a very quick entry and exit with
10,000 shares, and I locked up $982 of
profit. So, 9.8 8 on 10,000 shares. It's
not a home run, but it's a base hit.
Puts me in the green. Then this pulls
back again. Comes back up. Comes back
up. Squeezes up right here and we break
through 580. And I got back in right
there for the squeeze up to six. We got
a move up to 618. Then we pull back
again. And notice right here how we get
this false breakout. So we get this pop,
the pullback, the pop up, and then the
flush. We dip down and then we squeeze
back up right here. I didn't take that
trade. We push up to a high of um 640.
We pull back. We come up to 656. We have
a false breakout. We drop. And as we
rally up right here, I jump in right
there at 655.
And we get this squeeze up to 7. I did
that because we were retesting this
previous uh false breakout. So, I jumped
in there, got about 50 cents a share,
and made $5,000 on that trade. Then it
pulls to at that point I'm up 6,000.
Then it pulls back right here and it
comes back up right here. And I added
back for the squeeze up to eight and we
got the squeeze to eight all the way up
to 820. And on that one I made another
about $5,000. And that puts me where I'm
at right now which is at $10,391.36.
And that's it. I didn't overtrade. I
didn't overstay my welcome. That was my
last trade right through there. I didn't
get back in in this whole area. It's
pulled back. It's popped back up. It may
go higher, but I'm happy with where I
sit today. This is two times the cold
market daily goal, which is 5,000 a day.
Hot market daily goal is 10,000. So, I'm
a little bit shy of that, but it's still
a solid day. Now, VE resumed from the
halt and is pushing a little bit higher,
which is great to see. You know, from
$14 to $18 a share. You can't complain.
You love seeing moves like that. The
only thing I would say about it is that
if you look at the level two, and this
is something I initially was feeling, is
that you've got bigger spreads. As you
can see, it just tapped the halt level
and then it dipped down. So, you're
you're trading with bigger spreads and
it's somewhat lighter volume, which
means if I thought I could buy, you
know, 100,000 shares of this and make
400 grand, I mean, that would have been
an amazing trade, but I don't think I
would have been able to fill very many
shares without getting quite a lot of
slippage because of the higher price,
the bigger spreads, and just the lighter
volume. the bigger spreads are the
result of lighter volume and a lower
float which is not there that's that's
okay to a certain extent but once you
start to get to this point it becomes
quite risky and so uh you know again
hindsight's 2020 I could have would have
should have punched it and crushed it
but there's been many times where I
jumped in something like this that was
more thinly traded and I get in with too
much size and maybe it's easy to buy
because there's a hidden seller there's
a seller up here selling 50,000 shares.
So, you can get filled on the buy side,
but when you turn around to sell,
there's not a 50,000 share buyer and all
of a sudden the thing flushes and now
you're getting smoked and it drops $2 a
share. And that's the reality of what
can happen with this type of stock. It
goes up $5 a share, can come back down
$5 a share easily. And so, you've got to
manage your risk on these. And sometimes
that means sitting on the sidelines and
watching it run without you. And
although that's painful, the pain of
sitting with FOMO is not as bad as the
pain of giving into FOMO and
experiencing what could have been an
avoidable loss. So with that, I want to
remind you guys that we've got twoe
trial at Warrior Trading right now. John
is streaming. The chat room's open. You
guys can come in. You can see what's
moving in the market. You can use these
scanners right here for your charting,
your scanning, the breaking news feed.
All that's included during your twoe
trial. two weeks for 20 bucks. You're
going to get a lot out of it. So, check
it out. The link is pinned at the top of
the comments. You can go to
warriortrading.com/getting
uh getstarted. So, you'll see the link
pinned at the top of the comments. You
can go over there, start your twoe
trial, and I will be streaming tomorrow
morning at 7 a.m. So, come on over,
check it out. But I'll remind you as
always that trading is risky. My results
aren't typical, and there's no guarantee
you'll find success whether you trade on
your own or you learn from me. So,
please manage your risk and always
practice in a simulator before putting
real money on the line. With that, I'll
see you guys tomorrow morning.