Okay folks Insanity incoming folks, Our Trka Squeeze Play has now broken out to yet another new cycle. High What is next for it? We're going to show you the data. My latest projections: What to know: heading into this weekend Is Trka a good setup still and can it still hit the 1.27 cents a share price Target which we forecasted a few days back. We're going to go through all of this and you be the judge and of course always do your own due diligence.

But I'm going to present you what I think you should know? Okay, so the Trka Squeeze Play has successfully made yet another new high this morning, getting to 59 cents at highs as I was shooting this video. Now for full context, as you know, this is a stock that we've been very adamant. We've been little adamant Adams about covering this. We started focusing on it on the channel deeming at the play for the week on Sunday night when it was trading at about 31 cents a share, we covered the price Targets on Monday we covered the incoming take profit cycle and incoming surge on Tuesday It then had its take profit period and bounce and proof of concept on Wednesday and then today Thursday it broke to 59 cents.

This has been a pretty by the books play so far, but I believe there's more to go. My original price Target is 127 and I continue to see that as the operating thesis. But first, I just want to go ahead and say I Know we get a lot of folks complaining that we keep a lot of the best plays for the zip trade review briefings. but that's not true.

When we find a play with a longer winded setup like this one, we'll be happy to cover it on the channel in depth. And we do. And these are usually the squeeze plays right because they tend to last a little bit longer. something like a Trka, a Gns, so on, and so forth.

It's just that Oftentimes with a lot of the plays on catalysts that actually drop in the pre-market well, those reactions, they don't last as long. and so by the time the evening video rolls around, it's already too late. And so when it comes to a lot of the catalysts, we have to turn it into a reflection and a case study and a lesson instead of a new call out. For example, you look at the OSHA play.

Last week it had a great Catalyst in the pre-market where they announced pretty exciting news about killing Lyle blastoma cells and melanoma cells. And since it came out in the pre-market it was the perfect setup for the morning briefing. We briefed on it at about 590 a share and it ran to 26.59 at highs that day, which was about a 350 run briefing price. The highs obviously.

we've talked about this play a lot and it was a lucky run no doubt. But again, by the time evening rolls around and it's time for a YouTube post. While the run in reaction is almost always already done when it comes to some of these really, really big Runners so again, it's not so much that I'm trying to hold the best plays behind the paywall even though we'd love to have you in our program, the the truth is, it's just the dynamic of how the market is working right now. If you are someone looking for pre-market research on Catalyst each morning, you either gotta join us in Zip Trader you or look for them yourself right now.

If you're diligent and you listen to some of the Recaps on the channel and you make a spreadsheet of all the different trends that are working and different patterns that you can spot, you may be able to save yourself the Zip trade review membership fee, but we do our best every single day in the briefings to present our findings, so you'll likely find that it's worth the money if you do join us. and we have extended our OSHA coupon code another 24 hours so it's not too late to get the 50 off the program. But in terms of plays that are actually showing proof of concept and are staying relevant day over day and perhaps week after week, Well, Trka is one of the best right now. and right now we are sitting on this situation where short interest has continued.

it's continued climbing to the extent that now we have officially crossed the 100 barrier and are now seeing an estimated 113 short interest as a percentage of free float. Just insane. And this means what? well, it means. Shorts have not started net covering yet.

They are still adding on to this disastrous bet. They are still selling more and more shares short thinking they're going to make a ton of money immediately, when in reality hey, this is making it a lot riskier for them and a lot of people are saying, you know Charlie Trk has already squeezed. That is not true By definition. This run has not been a short squeeze Because guess what? The shorts again have not been squeezed, they haven't started covering.

You'll likely see the biggest upside realized when they start covering. Even when just a few of them start covering, that's when you start seeing a squeeze happen. I Expect the biggest runs to be ahead of us, not behind us. And the reason for that is specifically because that is what we've seen in the past.

This is a substantiated conclusion. This is literally what happened last May when short interest was way way lower and the setup was way way worse. Midway Through that rally, short started covering and boom and accelerated the move. But do you know what the short interest was back then? Well, this little drop was from about 14 to 8 percent.

That's literally nothing. now. short interest is at about 113 percent according to or text. Imagine how much Firepower will be Unleashed Even if you only got a similar proportion of shorts covering, the drop from 14 to 8 percent is proportional to a drop today from like 113 percent down to 79.

So again, that's going to have a much a much bigger impact, even if it's just proportional to last year's squeeze. Which again, it shouldn't be because this time around is a lot a lot tighter of a battle. But anywho, Charlie Practically what are your thoughts heading into this weekend? Well, there's very, very few times where there's not a massive risk of a sell-off around a weekend. A Lot of people like to take risk off the table before the weekend starts and you just don't know what's going to happen in the two days prior to the next.

Market Open two days of No Market can really take a lot of the excitement away from a stock and completely choke it even if stocks close strong into the weekend. A Lot of the time they'll just get hit with a pre-market Panic on Monday morning. So my thought process on Trka over this weekend, while it's probably more likely than not to see some form of a sell-off between now and Tuesday perhaps that starts tomorrow? Friday Perhaps that's on Monday But that's going to be the next test for this stock. Yes, Trka passed the last test, but we've got this as the next one this weekend is going to be the next test.

and and if it passes the test, oof. Oh folks, you're going to see a lot of people shining up a storm if markets watch this sell off and then once again do a bouncy mcbalancy from that sell-off early next week. It's then showing the ability to not just keep momentum alive for a week, but also over the weekend. That is a Huge.

A huge feat for such a small cap company. such a hypey small cap, heavily shorted company. Very, very rare that that would happen. That's something that kept Gns alive.

One of a few factors that kept Gns alive: the fact that people continue to be excited about it. Over weekends you had two days where people weren't talking about it and then all of a sudden the next week it would break out again. Talking a couple days ago about this idea that because short interest is so high and now it's even higher at about 113 percent of free float, that at some point you're going to hit Peak pain for some of the riskier short. Sellers And they're going to store the domino effect of short covering, which again, is buying back shares, right? You start buying shares.

That's how it works now. I Don't know where that Peak pain point is I Would have thought 50 cents would be one of the pain levels, but shorts didn't cover today so that can't be it. So maybe it's 60, 70, maybe 80 cents a share somewhere there. And that means when you're watching the stock, the most important areas to watch are when it starts really breaking into those levels.

The higher the level, the more likely we've hit those pain points and the more likely that you'll see short start covering and accelerating the already present momentum. And truth be told folks, we can speculate on the pain points of the lovely short sellers until the cows come home, but we don't have the actual data that tells us exactly where shorts will hit Max Payne and start the capitulation process I Wish I could call up my dwarf friend Mr dwarfio one to ask him when the shorts will cover, but I've already tried that multiple times and apparently being physically short and shorting stocks are not related and he's getting really, really annoyed with me. so I'm not going to try that again. Sorry, but what we can do is get an idea of how bad of a situation these shorts are in and come to a good guesstimate if you look at this price point.

here on February 17th, the stock was trading at 22 cents a share and you had short interest at about 50 percent of free float and now it's March 2nd and worth the stock price while it's in the 50s, folks, more than 2x the price at the previous point that we were just talking about. So let's just go ahead and say for Simplicity that the average short price at this point in February was 22 cents flat. Again, this is for Simplicity. In reality, the average short price was way way lower and thus way way riskier.

But let's just say for Simplicity 22 cents flat, Well, about half of the short interest came at that point. So that means around half of the shorts are down about a hundred percent on their position already. If you short one stock at one dollar and it goes to two dollars, you're now one hundred percent in the negative. And that's exactly what has happened to almost half, if not more of the short.

Sellers And if the prize continues going up like it has been, you're going to get very very quickly into a point where you're sitting on 200 300, 400 percent of losses. At some point, there has to be a Max loss limit where shorts are preset to cover, because otherwise short sellers would be exposing their entire fund to unlimited losses now as one small cap stock hitting them with a 100 loss. A big deal for a big fund? No, of course not. But stocks getting two to three hundred percent losses and continuing to balloon are very, very toxic and risk contaminating the entire portfolio.

So they have risk management protocols in place to prevent that from happening. Which means closing out of the position. Which means buying back shares to cover those shorts. So again, if you see this stock continue its overall momentum.

That doesn't mean it's not going to have sell-offs here and there, but if it sees its overall momentum continue and I suspect it will, then I Think a lot of shorts are going to rapidly, rapidly start cracking. They're going to be a little cracky. McGee's cracks everywhere, and that means somewhere in the next, maybe five to six, maybe seven trading days, you're gonna see a very, very fun time in my opinion based on the current setup. Now if you want to see my full due diligence on Trka, I Highly recommend watching these three videos here.

Starting from the first one, we go through crucial aspects of the play which give you the needed context to really understand what's going on behind the scenes. here. Things like the dilution, withdraw the upcoming earnings, the business itself, the buyout and rumor possibilities, and so on, and so forth. Things that you probably want to know if you're thinking about playing the stock or simply want to learn from this particular case study.

Anyways, that caps off today's video I Hope you enjoyed it quite a lot if we earned that. Thumbs Up Button Make sure to hit that if we didn't earn it. Well I Don't know what to tell you. just come back next time and maybe we'll earn a bad time.

Maybe I don't know and a final reminder are OSHA 50 off coupon code on zip trade. Review was just extended 24 more hours so if you want to take advantage of that, make sure to do so as soon as possible and we'll see you in tomorrow's morning bravings. And if not there, well, we'll have a video for you tomorrow night as well on the channel. So looking forward to seeing more of you.