Stocks in Play - June 23rd 2025

Stocks in Play: HIMS, FI,

Welcome to today's Stocks in Play report. Below are the key stocks to watch, along with brief x-ray and analysis.

If you find this Newsletter helpful and ever want to say thank you then feel free to Buy Me a Coffee. It’ll inspire me to work faster….

1) Hims & Hers Inc. (HIMS) (Rating: B+, Multi-Day) SHORT

Industry Group: Household & Personal Products, Market Cap: 14.37B, Float: 190.51M Short Interest 31.96%, Days to Cover: 1.52, Exchange: NYSE

Catalyst: Novo Nordisk Says Direct Access To Wegovy Will No Longer Be Available To Hims & Hers Health Via NovoCare Pharmacy. This is a serious negative headline for HIMS. The reason given - concerns about Hims & Hers' illegal mass compounding and deceptive marketing practices. I think this is a good short idea today and has potential for follow through. NVO and other GLP-1 makers have been in court with HIMS over their compounding. The bull case was these partnerships probably halted that but the ending of them likely means that isn’t’ the case. That being said this stock is volatile so be wary over night short. 50 Day MA at $47 and level at $46 would be my expected bounce area. Also this explains LFMD strength.

Honorable Mention to:

FI - Launching a Stablecoin for their Financial clients using CRLC Infrastructure. Slower mover, neglected stock. Could propel CRCL higher too here but that is a hard trade for me at $250 (maybe intraday). I think FI is a nice high priced institutional name to get in on this Stablecoin Theme.

Industry Group: Information Technology Services, Market Cap: 90.58B, Float: 549.77M Short Interest 1.18%, Days to Cover: 1.29, Exchange: NYSE

Delayed Reaction Watchlists:

• Newsletter June 2025 - Watchlist

• Newsletter May 2025 - Watchlist

• Newsletter April 2025 - Watchlist

Market Awareness

I think the chop will continue, and we will have plenty of macro noise and volatility. This morning’s pre market action should be a lesson for newer traders to IGNORE the WWIII doomsday stuff and fear of the media. This sort of reaction and actually rallying in the markets is my experience of war headlines…

That being said there is ample room for a pullback here without there needing to be drama so caution is warranted. I’m concentrating on single names with a narrow watchlist focusing on THEME. Follow through hasn’t been great the dart throwing of the last two months isn’t going to be effective.

As always I am calm at the open on a Monday and in no rush to open a ton of positions.

Sources & Services I Use in my Trading:

• Finviz - Short Interest, Float, Articles, Fundamentals (Free)

• Benzinga Pro - News Source + News Squawk + Earnings Data (Paid)

• Tradingview - Charting & Scanning (Paid)

• Koyfin - Fundamental Data (Paid)

• EarningsWhispers - Earnings Calendar (Free)

• Tradersync - Trade Journal (Paid)

_{PS: There are many ways to trade stocks in play. It does not have to be the one that keeps going straight up and sometimes it doesn’t even have to be day one of the catalyst. Everyone must find a setup, timeframe and method that works for them. This list is supposed to educate on the criteria I use and the methods in which I find Stocks in Play. Yours may differ and that is completely okay.}