Welcome to the Rude Awakening for January 28, 2021

After a massive selloff yesterday, the markets are rebounding this morning.

Todays memo is a trading advisory. I want to make sure you KNOW what youre trading out there

What on Earth Is Going on?

JanOne Inc. (JAN) shot up from $6 to $23+

Koss Corporation (KOSS) from $4 to $88

Naked Brand Group Limited (NAKD) in the pennies up to almost $4

CEL-SCI Corporation (CVM) went from $14 to $40

I go through several more in todays video.

And of course you know the story of GameStop (GME). A $10 stock forever thats now well above $400.

Whats happening here is that there is a group of millions of traders on reddit, a social media platform, where they find and identify stocks with large short positions. They target them and buy heavily into them.

Its making a real mess of things.

These are stocks you do NOT want to touch.

Well talk to you tomorrow.

Regards,

Scott Stewart