Exploring the Most Unpredictable Stock Movements in MSGM

Welcome back and thanks for joining us this week.

Today we discuss some of the wildest price actions and penny stocks in the Nasdaq and Amex Markets. I bet the biggest penny stock news of the week for most people is MSGM

This week’s highlight is an extension of last week's Hype in Ads created by AI-Technology. Our highlighted penny stock from last week, BZFD, has been exhausted and replaced by MSGM. The trend in technology over the weekend transformed into a secular trend on gaming technology. Motor Sports Games was the first company to show signs of leading a new trend. A few months prior MSGM fell under Nasdaq requirements in fear of being delisted.

On Monday they signed an agreement with their largest shareholder to pay off their debt. The stock went parabolic 1000% finishing strong by the day's end. After news of the contract winner and the regain of compliance spread on Tuesday. Overnight the stock gaped up another 300% before its offering in the premarket. The strength of the news did not match the reaction of the investors. There may be something else going on in the market. Similar to how GME went up to 400 and started the meme stocks. Nonetheless It was a very busy morning as most people were trying to make sense of the price actions' immediate effects on the sympathy plays.

In fact, some of the plays have recent articles involving partnerships with meta games, AI assisted companies and new management staff. The catalyst is normally irrelevant or overwhelmed because a typical sympathy play looks really manipulated going up with no news as it follows the trend.

A few of the tickers were fresh charts with better fundamentals and more volume than the main play. However, MGAM the first sympathy play slowly grinded and gap through layers of historic resistance to follow MSMG. It's a marriage of the two tickers.

For example DWAC at the beginning of last year went up to 170$ then bounced off 80$ and its first sympathy play PHUN soon followed. When news that supports former president Trump goes viral all his company’s receive brand recognition and so does the sympathy plays. Sudden Improvements to the quality of Fundamentals has lasting strength on the stock price. Everyone should recall the last time the main play was cut in half only to fill the gap soon after. If not, Steven dux traded it on Youtube. A similar dip buying opportunity was mentioned for MSGM Live on the Stock Craft Channel .

The amount of extension on this ticker is massive, which caused this ticker to become a hype play that does not follow normal statistics. The trend in technology was big enough to cause another parabolic of over 200% on Wednesday morning. Ultimately this penny stock is illiquid and will fade back to single digits after another momentum shift. Its offering killed its upward momentum but It could be a few days of sideways action before it fades.

It has a Small cap and with a micro float of .50M but don’t let that fool you. This stock trades like its stock price will swing from 1-100+dollars. MSGM is a Trap. Investors who trade into MSGM stock need to be ready for large volatility on light volume. Lead with risk management. How else do you expect to dodge the whipsaws movements only seen in pump and dump scams.

Trust me, you're not gonna want to miss its developments or its analysis throughout the week in our live premarket-prep morning show. .. This could be a big deal since anyone can use these key factors in your next trade.

Other honorable mentions come from an active week in the communications services, technology and healthcare sectors. Which has created several opportunities this week from gap ups, bounce shorts to multi day runner opportunities. You may be looking at your future resistance play for the coming months.

There are many tickers in Penny Land this time around that just didn’t cut it.

However, if any of these stocks are something you may be interested in trading. You may do well to join our discord chat to check out our daily watchlist. Till next week. Happy Trading!

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