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  • Swing Trade Idea – May 05, 2022

    • Cyngn (CYN) – A popular low-float play over the last few weeks. The company provides autonomous transportation solutions for commercial and industrial application. On Wednesday, the company highlighted the launch of its Infinitracker device, “a global positioning satellite asset-tracking device and Internet of things data collection gateway with up to 15 years of battery life.”
    • AIkido Pharma (AIKI) – A way to gain exposure to social communications platform provider, Discord. On Wednesday, AIkido announced it secured an early equity interest in Discord. Terms of the investment were not disclosed.
    • Momentus (MNTS) – A play on space. The company announced Wednesday it completed all regulatory milestones for the inaugural flight of the company’s Vigoride orbital transfer vehicle on the upcoming SpaceX Transporter-5 mission, scheduled for a May launch.
    • Satellogic (SATL) – A second play on space. The company announced Wednesday a multiple launch agreement with SpaceX for its next 68 satellites. While shares initially spiked sharply on the news, the stock closed Wednesday’s session down 4%.
    • Calix (CALX) – A play on emerging 10G internet/network technology. The company reported Vattenfal Eurofiber selected its platform to connect Berlin, Germany homes and businesses to 10G fiber network.
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