Did you catch what happened with SRM Entertainment $SRM yesterday?
This little-known toy company just secured a $100 million investment from a private investor — and they’re using the funds to buy Tron $TRX, the cryptocurrency, effectively turning the company into a crypto treasury vehicle.
As part of the shift, they’re renaming the company to “Tron Inc.”, bringing on Tron founder Justin Sun as an advisor, and working with Dominari Securities, a brokerage firm reportedly linked to Eric Trump.
In other words, Tron is going public, using SRM as a backdoor listing, and positioning itself as a kind of “MicroStrategy 2.0”, but for TRX instead of Bitcoin.
And the market noticed.
SRM stock exploded over +530% on the day.
This is part of a growing trend:
Struggling small-cap companies pivoting to crypto in a last-ditch attempt to revive shareholder value.
Turning their corporate treasuries into speculative crypto bets.
Tapping into the retail FOMO around digital assets.
We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.
For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.
That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.
We expanded our universe to include some mid-caps.
Nowadays, to make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.
And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.
The same price and liquidity filters are applied. Then, as always, we sort by proximity to new...
Every bull market has its squeezers — those pockets where certain stocks rip and shorts get absolutely smoked.
It’s all part of the game when traders are willing to take on risk.
Look at areas like quantum tech, new nuclear, or lately, space stocks.
These groups are prime spots where squeezes are either brewing or already in motion.
Over the past couple weeks, names in the Procure Space ETF $UFO have been catching our attention.
Here’s a cool visual we put together to break it down:
Names like $RKLB, $PL, $RDW, and $ASTS are standing out as leaders — showing strong relative strength and momentum as they distance themselves from the pack.
We’re seeing these show up in our Freshly Squeezed scan too — one of our favorite weekly reports.
This scan hunts for names with the right fuel and the right spark for explosive upside:
Let’s get one thing straight… I’m not some sort of defense industry perma bull.
Trust me, those people exist.
They hang out in the same circles as the ‘end-of-days’ folks, national debt doomers, and gold bugs.
It’s just not for me. I’m an optimist.
However, I’m also a good old-fashioned trend follower.
And these stocks have taken on a new leadership role, so we’ve been buying them. Here is Aerospace & Defense relative to the S&P 500:
This base breakout is in the books, and the path of least resistance is now higher for this ratio. All that means is expect more outperformance from these stocks over longer timeframes.
But I’m most interested in making money right now. This week, this month, this quarter.
And as I flipped through the A&D components today, there was one chart that I just...