Trade of the Day Wake-Up Watchlist

August 6, 2026

I’m Buying One Of The Most Hated Stocks On Wall Street

Forum Markets — (FRMM)

This one is down about 83% over the past year and sits near $6.

Forum Markets tokenizes real-world assets, meaning auto loans, equipment finance, and aviation leases get turned into tradable digital instruments.

It's the third business this shell has held, after a biotech and an Ethereum treasury company, and the market wants nothing to do with any of it.

The whole thing is worth about $85 million.

The business could very well be broken, and I'm not going to argue with anybody on that. I’m not looking at this as a long-term hold or an investment.

But the chart is telling me something else, and over 50% of this float is sold short.

Any bit of strength here could trigger a squeeze, because there are only 13 million shares outstanding and not enough for everyone to get out at once.

Daily A+ TPS setup, earnings August 13 as a possible catalyst, and great options for a name this size.

Action to take: Target is around $10. I’ll be playing this with options and trading it small.

One of the most beloved stocks, SpaceX, is about to enter a world of volatility. I'm opening up my trading room all of next week to take advantage of it.

Join me for free to see how to play it.
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