BenzingaPublished 2026-10-14
“CPI Day: $SPY and $QQQ Futures Edge Higher | PreMarket Playbook | October 14, 2026”
$ALPBearish
ALP is a penny stock that already ripped higher; he would not chase it here and says it is probably time to get out, citing only $486,000 in cash, repeated capital raising and heavy at-the-market selling by HC Wainwright. He cannot buy it anyway, since it is banned on Fidelity.
Now he's long ALP. ALP. Alpha Compute Corp. Oh, this is a stock. This is a penny stock. It actually does look pretty good, but it's ripped up there. I would I would chase it right there.
Let's put it that way. He probably was like already He was early. Clearly, he had it before it ripped up right there.