In 16 years of tracking and trading virtually every asset class and instrument imaginable, I’ve never seen anything like $INHD. A highly liquid stock trading millions of shares per 1-minute bar halts at $20, up roughly 1,900%, unusual, but not unprecedented. What makes this situation extraordinary is that it halted with no apparent news and is now indicating a resume in the $90s. This is one of the most extreme tail-risk events I’ve ever witnessed in small caps for short sellers. The issue is that even a disciplined trader with proper risk management could be completely wiped out by a move of this magnitude. Yes, it’s a China-based stock, but this is not the type of risk traders should be expected to absorb or tolerate if the goal is long-term survival in the markets. If this stock resumes anywhere near its current indication ($50+), I may officially retire from small-cap short trading. I'm mostly documenting this publicly so I can hold myself accountable to that decision. For the record, I have no position in $INHD, long or short. I'm simply commenting on the risk profile and market structure implications of what we're witnessing. And needless to say, this entire episode deserves scrutiny from the @SECGov, although I’m not holding my breath for any meaningful outcome. Good luck out there!

President Trump demanded the US boost annual defense spending by more than 50% to $1.5 trillion for 2027, an unprecedented jump that he said would be paid for by revenue brought in by the tariffs imposed over the last year bloomberg.com/news/articles/…

RT @WallStJesus: 🌎 GLOBAL EARNINGS SENTIMENT & REVISIONS (GS)

🔴Even if the United States imposes even higher tariffs, it would no longer make economic sense and ultimately go down as a joke in world economic history. 🔴Given that it's already impossible for the Chinese market to accept #US imports at the current tariff level, if the United States imposes further #tariffs on Chinese products, #China will ignore it. 🔴However, should the United States persist in substantially undermining #China's interests, China will take firm countermeasures and fight to the end. --The Customs Tariff Commission of the State Council gss.mof.gov.cn/gzdt/zhengcej… gss.mof.gov.cn/gzdt/zhengcef…

Retail investors continue piling into stocks: Retail investors’ net inflows into US ETFs and single stocks hit a record ~$40 billion in March. This is ~$10 billion higher than the previous all-time high posted at the beginning of the 2022 bear market. Not even the meme stock mania in 2021 saw such massive retail inflows into equities. As retail investors buy the dip, major indices have pushed lower and entered bear market territory. Many retail investors are experiencing their first bear market.

$VVPR not going to spend more than 5 minutes on this but obviously this is a pump and dump. I think that "Energi" is likely an undisclosed related party and is not going to pay any $ amount for VVPR nor will they pay 4X or 5X it's current Enterprise Value. Back in October 2021, SPAC $CTSUF (formerly $CCTS) held their IPO. By February 2024, the SPAC was reaching the end of the road and the sponsor sold the SPAC to new investors... In April 2024, VVPR made an agreement with CTSUF to SPAC a VVPR division called Tembo at an absurd $838M valuation. The VVPR CFO also became the CEO of CTSUF around the same time - so a related party to VVPR or VVPR acquired the SPAC vehicle. That pump worked until it didn't. But in 2024 - who was fronting the $$ for the SPAC that did a DA with VVPR's Tembo and that added the VVPR CFO as it's CEO? Energi

$NLSN straight from the junkyard

$TCTM Friday Chinese gift. Kung Pao!

Today, a short-seller 'liquidation' scam: Primega Group, $PGHL, is a Nasdaq-listed, Hong-Kong based entity that some some had likely shorted due to it being an obvious scam. The stock spiked 108% today on no news and was halted all day after being unable to settle on an unhalt price. It then opened after hours +969% before collapsing again almost immediately. So what happened? Short sellers need only be outside of margin compliance for a fraction of a second for brokers to force automatic buy-ins. Knowing this, offshore scam operators tightly control the float of all these issuers but sometimes leave borrow available to lure in short sellers... When short sellers bite, the scam operators wash trade a spike in the stock, then keep bid/asks moving during the halt so no unhalt price can be settled upon during regular trading hours. Then, after hours, it unhalts as they rip the price 10x+, causing brokers to force-liquidate accounts that were short. Brokers buy-in to cover the short sales as scam artists sell into the artificially high price. This can lead to short accounts being wiped out instantly and can even lead to broker losses. The same liquidation scam playbook had been executed previously with other Nasdaq offshore scam tickers such as $ZJYL. A cautionary tale for anyone wishing to short these obvious scams. And once again, more evidence that Nasdaq has transformed itself from a once respected stock exchange into a stock scam playground.

$DRUG Good night.

$NVDA shorted on semi weakness. Vwap fail was the area where most of the size was put on. Covered gap close, next

$META short opp. on good ER #s and overall tech weakness

$MSFT earnings beat, except Azure growth that missed expectations. Down 7% AH, but overall solid numbers. Dip long opp

$SERV what an opportunity today on this name! Other tickers I traded $PCSA $LUMN $IMNN $ISPO $ASTS $TWOU

Busy week ahead $MSFT $AAPL $AMZN $META reporting and two-day Federal Open Market Committee meeting starting Tuesday, and Friday’s non-farm payrolls report