What's up everyone? It's Wednesday morning and in today's episode I'm going to break down one of the biggest movers in the market yesterday because that sparked some momentum into the afternoon after hours and even pre-market this morning. And we're going to work to create a profile for that stock. Because if we can better understand how that stock was able to go up over a thousand% in one day, which was very impressive, then we have a sense of the ingredients that allowed that big move to take place.

And if we look at another stock that pops up on the scanners, we can see how closely the next stock meets this profile. Typically, I like to get into a theme in the market where we have a profile that we know is working really well. So much so that when we see a stock that meets it, I'm jumping in aggressively, feeling very confident we'll get at least a 100 to 200% move, but sometimes even more. We had a really good theme last summer with crypto treasury strategies in 2025, a full year ago.

During this summer, we had a theme of Chinese stocks with no news. That was the profile of what had made big moves. But that was really tricky because you can't just jump in every stock that has no news that's Chinese. That doesn't really work. So there were some ingredients that allowed those big moves to occur that weren't visible to us. Maybe something going on behind the scenes. So in that specific theme, we weren't able to get really dialed in in terms of predicting which one's going to go and which one's going to uh flop or fail.

And that may be a little bit true with the move from yesterday. So, let's go ahead and jump on the screen share and start breaking it down. We will definitely be talking about BENF today. This one went up 475% in 30 minutes, which was really impressive. This is a huge move. So, and this is the stock that I made the most money on. So, we're definitely going to be talking about this today. But first, let's take a look at Jag X.

So, Jag X yesterday ends up making this unbelievable move, as you can clearly see right here. here. I mean, this thing went from a low of like $3 a share all the way up to over $65 a share. Holy smokes. And look at some of these curls. A curl to a new high, a curl to a new high, a little pullback, a little pullback, and then a push even higher to a high of $65. That's pretty wild. And if you feel FOMO, you're not alone.

I didn't trade it at all yesterday. We had this huge move and I didn't trade it cuz I was done for the day. I was up 10 $13,000. I was 13,000 yesterday and then I called it. So I missed everything that happened after I left. But what I will tell you is that this stock did not fit a current theme. Essentially, it popped up. It halted one, two, three, four, five times in a row. So shorts got caught by surprise and long traders are doing what?

I'm just chasing it basically. And you can make some money chasing it, but that's pretty risky. Then it pulls back, then it curls back up, pulls back and eventually pulls away. But it would have been hard to have the confidence to take big size in this area because that was already over $20 a share. That's when it starts to get expensive. You've got bigger spreads. And I think probably what happened on this was that there were some shorts that got stubborn and they got squeezed out.

And it was their buying that pushed this so much higher. It wasn't long biased traders who were actually excited about the catalyst or thought that this stock had the potential to do something incredible. It was just simply shorts got squeezed. So, this stock, if we start to break down the profile of it, it's got a float of 467,000 shares. That is definitely noteworthy. Okay. It's also a recent reverse stock split. So, this is a company that's had to do a reverse stock split to keep their price above a dollar.

And you can see the split was just a couple days ago right here. So, you know, now we start to see, okay, they do a reverse split, very common. And then often just after reverse split, the company puts out a news catalyst. Now, the float uh was 400,000 shares. The market cap was about $2.5 million. A lot of these companies are trying to make sure they can get their market cap back up above $5 million because of this pending SEC rule or NASDAQ rule that any stock with a market cap below 5 million could face being delisted to the OTC market.

So, a lot of these companies are worried about that, which means as their stock pops up, they may not be inclined to do an offering right away because what would an offering do? Suppress the price and push it down. So, this made this huge rally and came back down. There was no bad news that sent it back down. It just kind of went out of favor and it seems like shorts got pretty aggressive and pushed it down, which is risky considering how low the float is.

Now, many of you guys know that I have a couple tools that I use for checking short interest. Um, and Ortex is one of them. Ortex is a tool that I started using in during the GameStop short squeeze. And so, if I type in Jag X here, Jaguar Health, and we go to uh shorts right here. So, we'll click on this. You can see what the current short interest is, which shows us 12%. Then you can see the utilization which is the number of shares that are available to short that are currently being shorted and 82% are being shorted which means there's only 20% shares left.

So there's not a lot of shares available. Um and the cost to borrow is elevated but not as elevated as we've seen with other stocks. So BENF just as a point of comparison this one short interest is 43%. Cost to borrow is up 200% and the utilization is 98%. What kind of move did we get on BENF today? So BENF puts in a really big squeeze. Now BENF is not sympathy to Jagex because BENF doesn't meet the profile of being a recent reverse split.

This is important. Recent reverse split. And I think market cap um uh oops market cap market cap sub 5 million. the lower market cap is is encouraging these companies not to do an offering right away because they want to get their stock price up a little bit higher. Now, Jagex did have a news catalyst. Not that it felt particularly meaningful, but it did have a catalyst out there. So, there was that. And of course, we know that the price on this was between 2 and 10 when it began moving, which is important.

The relative volume on Jagex, I mean, the relative volume was unbelievable. This is a stock that typically trades uh typically doesn't really trade at all. No one's paying attention to it. The volume these these other days here is like 200,000 shares and then on this day it did 27 million yesterday. Now 27 million um is not the most insane volume we've ever seen, but it is obviously higher uh certainly than the average.

So that was Jagex. All right. Well, guess what? Wheeler Investment Trust, Real Estate Investment Trust, this is a REIT. They also have a recent reverse split. They've they've done a lot of reverse splits over the years and they pop up as well. kind of similar because it's a REIT with a very small market cap. The problem with this one is that it has this history of doing so many reverse splits because every time they do a split, the stock manages to go lower and then they do another split and it goes lower.

So, it's very hard to trust this one. But, nonetheless, it is up 274% today and it has put in a nice bounce. Pulled back, bounced up, and I took a trade on that right in there. So, let me share with you my P&L for the day. I'm sitting right now at $9,96.81 just under two times my cold market daily goal of 5,000 a day or half my hot market daily goal of 20 grand 22,000 on BENF with a $22,000 loss on IMCC. So those two cancel each other out unfortunately and Wheeler and MSS are the other two that I'm green on.

So for Wheeler um because I've got I' I've traded this many times in the past. I was a little cautious about it, but I did take a trade on this uh at the break of VWAP right here. We got this curl up. I jumped in and we got this squeeze as you could see for about $6 up to 7, which was pretty decent. I was hoping that we might break through that pivot right there of 727, which would then give us room up to the high a day.

We weren't able to do that here, but we were able to do it at the open when it went from 580 all the way up to 840, but it did not trade it right there. No trades on that in that area. Okay, so that was Wheeler. Decent move. It does fit the profile pretty closely. Low float, recent reverse split, market cap sub 5 million. Uhoh, no news. So, no news on this one. And um this is one Jagex did not have not a terrible history um which is saying a lot for a small cap stock.

So it doesn't have a terrible history. Wheeler has a pretty terrible history uh which makes it much harder to trust. So all right. So then we had um NDP as well. No, IPDN, sorry. IPDN also put in a relatively big move after hours. This also has a somewhat recent reverse split as you can see right there. So, this puts in a squeeze from four up to 9. It pulls back. It pushes higher pre-market and then it starts to unwind.

Market cap and float both sub 5 million, very low float and low market cap. So, this one meets the list as well, except that there's no news on it. no clear catalyst. Jagex had a catalyst. IMPD um not or IPDN not the most not not as bad of a chart as um as Wheeler. Jagex, you could see this chart. I mean, it's it's sold off, too. It's not great, but it's not as bad as Wheeler. Wheeler is really bad. So, all right. So, we got IPDN.

Then this morning, um we sit down and uh so I took my first trade this morning. Let's see. Let me back this up. Um, so you can see the P&L right there again. Uh, so first trade was on Wheeler this morning. So that was my first trade. Broke the ice, made $7,000. Second trade was on IMCC. IMC is an Israeli company that put out news of uh well the offering news came later, but they first put out a headline of um a entering a non-binding agreement to acquire 51% of space defense innovations.

All right. So, they're doing a little shift in the business model here. Um, which is interesting. They've been a medical cannabis platform serving patients in Israel and Germany, a few other places. Uh, so they're doing a little shift by investing in the space company. The stock immediately squeezes up and you know, the way I kind of felt about it was that I wasn't sure I could really trust it. And so, it ends up going initially from five up to 520 up to six right here.

Then it pulls back right through here. And on this first pullback, I bought this dip at about 550 560. So I got in on this dip right through here. It was actually five um 570s. Then we get this squeeze up to to 8, which was nice. Then we pull back a little bit. We pop up, we dip down, and through this move as we rallied up, I was able to lock up a total profit on IMC of about $7,500. I didn't trade it super aggressively.

It kind of went a bit without me. um you know it was a little bit of a grinder but it did keep going higher. So then it ends up coming back and pulling sideways and right down here it drops. It goes it goes down below VWAP and right here as it popped back up through VWAP I bought 40,000 shares. I sized up because I was looking for this squeeze back through the high and I got rejected. It slammed back down here and I went from green on it by $7,000.

I lost 15 grand on that trade. So, from green seven to red seven. It sells off. I'm can't believe it. Then it comes back up again. Sure enough, it's back up again. And I say, "You know what? Fool me once. Shame on you. Fool me twice." Well, I'm not going to get fooled twice because this is going to work this time. So, I got back in and it rejected again. So, actually, I did get fooled twice. So, the second one technically legally was shame on me. very disappointing.

Then it goes sideways, comes back up. I'm watching it again. And then it flushes a third time all the way down to $2 a share because right at that moment, breaking news came out that they did a secondary offering. Usually companies don't put out good news and a secondary offering within an hour of each other. Why not? because it can be interpreted that they put out the good news to push the price up only and knowing that they were going to put out bad news an hour later.

It's better to put them both out at the same time or separate them by days. So you don't have the impression you put out the news just to inflate the price of the stock only to then have bad news come and you know sort of cuz now what should have happened was basically you put out the news and nothing, right? But instead, you got a big move and a big drop. And so shorts one and some longs got burned and that's not really that's not great.

It would have been better if nothing happened, which is more likely if they just hadn't put out news at all or they put the news together. Um, but anyways, they they didn't. So this is what happened. It drops down to two, bounces back up, and is now sitting at 295. So in a total of like four trades, I was green and then gave back the profit and went red on IMC. That was disappointing. So then I switched gears to BENF.

BENF at that point was clearly moving higher. It was the obvious stock and although I didn't really want to trade it, um I couldn't ignore it any longer. And so I ended up jumping in at about 248 right here. Uh and got the squeeze up to 280. So we got that little pop right there that gave me a couple thousand. It pulls back. It comes back up again. I'm actively trading in this range looking for the curl and buying the dips down here. here.

We got a really nice dip in that area. And as we got a little bit closer to the opening bell, we got another curl and I traded all the way up to here with the best exit being at about $3 a share. I'm a bit surprised at how many times it's halted coming back down. Um I I would have expected this would have kept going. I really would have. So, you know, the challenge with these halts is that when you're stuck in a halt, you have no control.

You're just stuck. And so it's just so much better to trade these in my opinion pre-market or after hours where you can get in and out and it trades more in a more liquid form and you're not stuck because now you just keep getting stuck. It's just a disaster. So I was disappointed to see that rolled over. Um but in any case, you know, this one dropped. This one's not again doesn't meet the profile. It's not a recent reverse split.

It's a stock that's been selling off. It just they came out with news and we got this rally. So, it is a relatively low market cap, but not below 5 million. So, anyways, you got a big move on that. And then MSS, this one popped up. Um, I jumped on it for the curl right here from 269 up to three and we got a move up to 320. So, in total, I traded four stocks. I'm green on three out of the four. you know, today's not a great day in the sense that I started um and if we jump on this the whiteboard.

I started um you know, pretty nicely with two trades more or less two stocks putting me up 10,000 and then in one trade well actually I should draw that a little differently. So, it was more like here to 10,000. And then in one trade, I um you know, flipped to red down here. And then I was able to rally back up um and finish, you know, basically right here. So, finishing just a little bit below my high. But that's not really how you want your day to go.

I stepped up to the plate here thinking I had a cushion and I was going to get another move higher, but that just didn't work. So, uh, it's disappointing, but nonetheless was able to finish the day in good shape. And while I've been recording this recap, John's in the room giving his market commentary to our members, walking them through what's moving. And as you can see, WHLR, it's continuing to be volatile. It's continuing to give opportunities.

So, make sure you guys check out the twoe trial with the link pinned at the top of the comments and the description. So, you can come on over, you can listen to my commentary, you can listen to John's commentary, you can attend the mentor sessions, and you can use this software right here to test out what it's like for charting, for scanning, and for searching breaking news. All right, thank you guys. As always, reminder, trading is risky and my results aren't typical.

And there's no guarantee you'll find success whether you trade with me or you learn on your own. So, please manage your risk, take it slow, and I'll see you back here bright and early streaming tomorrow at 7 a.m. for members at Warrior Trading.