Can ‘Davey Daytrader’ save $SAVE?

Here’s what I’m watching for this week… ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! We have an interesting story in the market right now… “Davey Daytrader” is back, baby. And he gave some life to the market — during what nobody can argue — was a slow week… Stories and themes are important in the market. They bring traders together to focus on one stock or sector. And all that attention (and the volume that can come with it) can create some wild moves. I even liked this story stock as a potential swing trade over the weekend. (I shared that in Pre-Market Prep on Friday, so if you’re not in there every day — here]( If you’re just catching up with this story, let me fill you in on the celebrity behind the hype, the news story around the stock, and what I’m watching the stock for this week… Sponsored 🤖 TECH TITANS UNLEASHED 🤖 This upcoming tech catalyst will unleash some incredible trading opportunities… And the best way for you to capitalize will be to attend Jeff Zananiri’s urgent LIVE event with Tim Bohen tomorrow at 12:15pm ET. Don’t miss this exclusive live event! [ADD THIS EVENT TO YOUR CALENDAR]( The Story I’m Watching This Week My boy, Dave Portnoy is back on the trading scene… He might not know exactly how to trade … And I don’t agree with his tactics or believe that stocks only go up… But you can’t deny, he adds some excitement to the stock market. And everyone loves a story. So here’s the latest story around ‘Davey Daytrader’ and his latest trade… In my opinion, the federal court made a horrible decision [blocking the merger]( between Spirit Airlines, Inc. (NYSE: SAVE) and JetBlue Airways Corporation (NASDAQ: JBLU). After news broke that the merger was dead, SAVE dropped 47% On Tuesday. Enter Dave Portnoy… On Thursday, Davey DayTrader took a long position and shared it all over X. After he bought it, the stock immediately tanked even more. So he had [bad timing]( entering his trade… But even worse, he held through a massive dip and said he could lose hundreds of thousands of dollars. So I don’t agree with his strategy… He’s a millionaire just throwing money at the market and admits that he’s a gambler. So even though there’s a fascinating story unfolding, I don’t want you to just blindly follow and get sucked into the hype. He can afford to take a big loss — you can’t. But there could still be an opportunity for prepared traders with [the right strategy, plan, and risk]( As I said, I think the courts botched the job blocking the SAVE and JBLU merger. Now they either have to try to save the deal or SAVE will go out of business. If it goes out of business, it will just add more problems to the industry… The airline and travel industry is already hated by everyone — you can’t even make a simple trip without getting delayed for hours. With one less airline, the problems are going to be worse. So on Friday, we already saw news headlines that [the deal might not be dead](... And SAVE announced [increased guidance]( after high holiday demand to try to save its stock price… The stock had a big gap up after the news. Add to that the short sellers who are jumping in thinking SAVE is going bankrupt — and I think you have a [recipe for a potential squeeze](. Keep in mind, the potential depends on any news that came out over the weekend. But on Friday, after the stock gapped up, it just grinded sideways… SAVE chart: 4-day, 5-minute candle — courtesy of [StocksToTrade.com]( And what do we say about stocks that ‘hang around?’ That shows me it’s loaded with short sellers. They're trying to target Dave, and that’s idiotic in my opinion… He may be a loose cannon and he may barely know how to trade — but he's got a big following This stock was top of my list on Friday. And after the action we saw all day on Friday, it’s probably one of my top watches this morning. [Watch this video to see one of my favorite patterns to look for on Monday mornings](. And [join me live on Pre-Market Prep FREE on YouTube]( where we’ll go over all the hottest plays I’m watching today. Be sure to [subscribe to the channel and ring the bell]( so you get notified next week when I go live. See you there. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored   This “Loophole” is So Powerful There’s a renegade day trader who discovered a powerful “weekend loophole” in the stock market. It allows him to place trades on Friday afternoon… And open up his laptop on Monday to potential green. He’s used this “loophole” to make $8,780, $9,177, and even $69,962 all over the weekend. And he claims with the right amount of hard work and dedication, ANYONE can learn how to use it too… [Click here to discover how he does it](   Sponsored ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist](   Recommended Membership Gifts     [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 **Tim Bohen teaches skills others have used to make money. 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