OddStockTrader Scan 3/18/2021

by | Mar 17, 2021

Just a word of caution to start the scan. Lot of non-NFT stocks getting pumped as NFT stocks. Such is the market but exercise some caution is just my point. I am sure some shorts were aware of this and they got run over on some of these names as well. The market is the market though. Anways, I hope many learned at least 1 thing during the NFT webinar. It’s a strange a new space but it’s learnable if you just take the time to look at it.

I cannot recall how many moments in the last 2+ years I tweeted about (not tooting a horn here) this stuff and it fell on mostly deaf ears. Either way, I do think there will be a bubble but this stuff is NOT going away. Just like all markets there will be a cycle and they will be thought of again as a scam, stupid. Why? because the prices fell? I never get this logic when people do that sort of stuff. Obviously sometimes it is the case but seems like clout chasing after years of being wrong then “right” when the markets turn. On to the scan.

PONGF – Just a steady chart. I am purely focused on the daily chart here and it all depends on the news and feelings tomorrow. Volume still great and continues to push highs. I would anticipate a parabolic before we see any big pullbacks.

FDMSF – Closed well after the fades yesterday. The name at bottom of the scan had an NFT pr today. So clearly the esports community will start to dive into this very soon. At least that is my guess.

IPNFF – Beauty of a chart here. Will keep swinging and adding on pullbacks. Selling some into and big parabolic moves.

IMTL – No real news, all speculation but heck of a move and amazing close. Possible gapper.

KODK – Trading the trend. I think earnings was kind of irrelevant to the entire reason many were trading this the last few days to begin with. Could be nothing or could be a monster pr. PURE SPECULATION.

HOFV – Interesting catch by Postehaste in the room. NFL getting into NFT’s and they own the rights to the Hall of Fame. Could be something decent here for a big swing trade.

CINGF – Another one with NFT’s

CWRK – Monster move today and likely gap and run. All depends on the risk for NFT’s tomorrow.

ENTEF –

No Chart but had an NFT pr this am. Likely going to take a position in the am, provided I don’t forget.

5 Comments

  1. Thoughts on TKAT? I couldn’t sell short shares and carried overnight.

    Reply
  2. Thanks Cody

    Reply
  3. I haven’t done very good with OTC but will give it a try

    Reply
  4. Great scan, valuable commentary. Thanks.

    Reply
  5. Thank you, Cody!

    Reply

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