$Trump Media & Technology(DJT)$ When the idea for DJT was first introduced to investors in 2021, the pitch was that Truth Social would generate $830 million in revenue in 2024. On pace now to fall $825 million short of that projection. If you would have got in in the beginning, you would have made money. People stayed in because they were greedy and they thought they would get rich. But they got burned. That is their own fault
$NEBIUS(NBIS)$ NBS chart has formed an inverse head and shoulders pattern, resembling a 'V' with dual shoulders. This bullish reversal configuration signals potential trend reversal from downward to upward momentum.
$IREN Ltd(IREN)$ Short term structure still looks bullish to me. Price held last week's swing low and bounced. Now the question is whether that level can hold into August. While this short term structure holds, I expect a break to the highs. If we sweep that low, I expect price to redistribute toward $20.
$Bed Bath & Beyond(BBBY)$ Recently, short interest rose sharply again. Today the short interest is 65 million, and there are 117 million shares outstanding. This means that 56% of the shares are short. Again, this is a huge number. Speculators are skeptical that the company (and the stock price) will improve.Bed Bath & Beyond has a high potential for a short squeeze because of the large number of shares sold by short sellers. An improvement in cash flow figures, or the company's financials are catalysts to push the stock price up. If the company comes out with strong financial figures, the stock price could skyrocket.
$NEBIUS(NBIS)$ 13F filings dropping soon, keep radar on fresh institutional whales. $NVIDIA(NVDA)$ earnings next week could be the sector's defibrillator. Markets got that 7-second memory span, time to flip greed mode back on when volatility chills. Everybody's hunting discounts in this fire sale season.
$Mullen Automotive(MULN)$ This share price makes it clear they will issue the full 1:25 RS. David didn't put that PR out for the retail investor. He put that out for the insiders who are selling. The prospectus states they will not sell below .10 cents and they are getting nervous. Also, David mentioned June 1st, which indicates he is aware of the Russell re-index and worried about it. Expect the RS by June 1st.