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FOCUS LIST🔎
FFIE – Up over 80% in pre after announcing over the weekend it would hold conference call on its fourth quarter and full year 2023 results after market close on Tuesday
TUP – Up over 20% in pre as GME apes turn their attention here
GLBE – Up over 13% in pre after reporting better than expected earnings
*sponsored by Sica Media
The small-cap market has been roaring back to life in no small part due to “Roaring Kitty” and his legion of rabid following of traders on Reddit and X.
It’s not only a good time to look for strong momentum stocks but also “bottom bounce” opportunities — those stocks that are so oversold, that it seems they are destined to bounce back at some point!
Like MIRA Pharmaceuticals (MIRA) right now.
You’ll notice that the stock price has slowly drifted all the way down to around $.60 today, but it has traded over 10 times higher than that earlier in the year.
This thing can RUN!
If you look back to the chart in March, MIRA made a 2-day power surge that carried the shares over 100% higher at one point. Go back a few more months, you’ll see MIRA shot up over 370% over the course of a few days.
I doubt we’ll see a move like that anytime soon, but one can certainly dream!
For our full report, click here.
Key highlights: MIRA has a market-cap under $10M, a true nano-cap or the smallest of companies. Couple that with an extremely low float, and you can see how it recently went from $1.33-$6.40 in a week. Now, with it trading closer to $.60 and catalysts potentially in 2024 and early 2025, with a large addressable and fast growing market, I think there’s a good argument it may spike again soon.
Spend time right now doing your own research – trading is very risky, and nothing is ever guaranteed. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.
Don’t take your eyes off of MIRA today! 👀
*Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results.
HOTLIST🔥
FFIE – Up over 80% in pre after announcing over the weekend it would hold conference call on its fourth quarter and full year 2023 results after market close on Tuesday
Faraday Future Intelligent Electric Inc. (FFIE) engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States.
FFIE is one of the highest shorted stocks in the entire market. According to Finviz FFIE has a short interest of over 95% and this stock was picked up last week by Reddit Apes as another potential short squeeze candidate.
FFIE was trading below $0.10 last week, before trading up over $3.50 on Friday before getting sold off back to below $1.
Over the weekend the company announced it would hold a conference call on its fourth quarter and full year 2023 results after market close on Tuesday.
After the weak close Friday, the stock is gapping up over 80% in the pre-market this morning after the news release.
The $1.70 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $2, $2.50, $3 and then last week’s high at $3.90.
Below $1.70, targets to the downside are $1.50, $1.30, $1.05. $0.90 and then $0.80.
TUP – Up over 20% in pre GME as apes turn their attention here
Tupperware Brands Corporation (TUP) operates as a consumer products company in the USA and internationally. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware.
After meme mania last week in GME and AMC, TUP finished last week strong as GME and AMC sold off. TUP is another meme name and it appears as Redditt Apes are turning their attention to TUP which is showing strength compared to the other meme names.
TUP is up over 20% in the pre-market after closing last week near the top end of the range.
The first target for bulls is the pre-market high at $2.68.
Beyond that, $3, $3.20 and $3.80 come into play.
Below $2.68, targets to the downside are $2.40, $2.20, and then $1.60 and $1.33.
GLBE – Up over 13% in pre after reporting better than expected earnings
Global-E Online Ltd. (GLBE) provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide.
In the pre-market the company reported Q1 2024 financial results.
Highlights include:
Revenue in the first quarter of 2024 was $145.9 million, an increase of 24% year over year, of which service fees revenue was $68.3 million and fulfillment services revenue was $77.6 million
Non-GAAP gross profit in the first quarter of 2024 was $66.1 million, an increase of 36% year over year. GAAP gross profit in the first quarter of 2024 was $63.3 million
Adjusted EBITDA in the first quarter of 2024 was $21.3 million compared to $14.5 million in the first quarter of 2023
The stock traded up over 13% in the pre-market in reaction to the earnings results.
The first target for bulls is the pre-market high at $33.20.
Beyond that, targets to the upside are $34, $35, $36 and then $37.
Below $33.20, targets to the downside are $32.70, $32, $31.40 and then $30.
MARKET NEWS 📰
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*Just so you know, what you’re reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let’s be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren’t what you’d call “typical.”
Just a quick heads up about this ad you’re reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received fifteen thousand dollars (cash) from Sica Media for advertising MIRA Pharmaceuticals, Inc for a one day marketing program on may 20, 2024. This amount was paid by someone else not connected to MIRA Pharmaceuticals, Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into MIRA Pharmaceuticals, Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there’s exceptional risk involved in trading. This isn’t small potatoes we’re talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We’re shining a light on the good stuff about the company here, but it’s on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
Oh, that brings us to another crucial point—we’re not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can’t wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who’s licensed to give you real advice. To be clear,
Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization.
So, that’s the scoop! If you’re intrigued and want to learn more about the companies we talk about, hit up the SEC’s website to dig into their filings and see the full picture.
