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BLBX Stock Spike – How To Find The Next One

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Written by Timothy Sykes
Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 1/22/2025 4 min read

Yesterday we watched a low-float stock spike 190%* after announcing that it secured $2 million in financing for a potential merger.

These are PERFECT stocks for small-account traders.

  • The share price is low.
  • The low float (low supply of shares) helps it spike higher.
  • The news will act as fuel for our stock to spike.
  • And the price action follows our patterns.

My students and I are nailing these opportunities in the market.

Look at the post below from a trader in our community:

person on X making money off BLBX stock trade
Source

Here’s my trade on the same stock:

BLBX trade recap with notes
Source: Profit.ly

There are stock spikes like this every week.

Especially during this hot 2025 market!

The S&P 500 ETF Trust (NYSE: SPY) made new all-time highs yesterday. The market is incredibly hot right now!

Take a look at the SPY chart below:

SPY ETF chart over many months
SPY chart multi-month, 1-day candles Source: StocksToTrade

Let’s go through the opportunity on Blackboxstocks Inc. (NASDAQ: BLBX) from yesterday when it spiked 190%*.

It will help you recognize the next trade setup …

Blackboxstocks Inc. (NASDAQ: BLBX) Stock Setup

© Millionaire Media, LLC

On January 22 during premarket hours, BLBX announced that it secured $2 million in financing before a potential merger.

At the time of the announcement, the share price was $1.75 and the company’s market cap was only $6.1 million. $2 million is a lot of money for a company that’s this small.

Plus, StocksToTrade shows that the float was only 1.99 million shares.

We look for stocks that spike with less than 10 million shares in the float. The low supply will help prices spike higher when demand increases.

The stock showed up on our StocksToTrade scan right after the news was announced. The scan picks up all of the biggest runners in the market. And BLBX spiked 110%* within five minutes of the announcement.

More Breaking News

And there was still plenty of time to make a trade on this stock intraday.

Take a look at the chart below. Every candle represents one trading minute:

BLBX stock chart analysis with annotations
BLBX chart intraday, 1-minute candles Source: StocksToTrade

Are you unsure how to build SMART positions on these big runners??

Follow the process in my trade alerts.

I only snagged 3% of this runner … But it was a calculated 3%. I didn’t have to worry, and I wasn’t stressed. I just followed the trade process.

Here’s how to approach these plays:

Check the StocksToTrade scan for the biggest percent gainers on the day.

This is what it looked like yesterday around midday:

top stock gainers on January 22, 2025

Look for stocks with …

  • A share price that you’re comfortable trading.
  • A float below 10 million shares.
  • News to push the price higher.

Then use my process to trade the price action!

Cheers.

 

*Past performance does not indicate future results


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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”