Stocks in Play - November 12th 2025

Stocks in Play: FTCI, CRMD

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

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Today’s Picks

1) CorMedix Inc (CRMD)

X-Ray CRMD: Industry Group: Biotechnology, Market Cap: 876.73M, Float: 70.17M Short Interest 23.66%, Days to Cover: 5.17, Exchange: NASDAQ

CorMedix delivered a breakout quarter with triple-digit revenue growth, record profitability, and raised guidance. The DefenCath ramp, accelerated Melinta synergy capture, and strong execution mark a definitive financial and strategic inflection. Strong transition from Pre Commercial to Commercial Biotech. 800% YoY Rev Growth, Large beat and raise on all metrics except EPS. One time tax benefit inflating the EPS numbers. High short interest. Chart has been somewhat choppy in the past but has a nice long weekly base and daily base. Need to see Volume at the open for this to work today.

Honorable Mention

FTCI: Strong earnings. Beat on Revs (+157% YoY), Large beat on Gross Margins, First positive GMs since 2023. Narrowing losses. Improved Net Loss. Large backlog and product adoption. Chart is okay. I’m mainly looking a this to see if the solar theme can develop also it has a lot of volume pre market for a stock that trades very thin normally so it could make a nice move today. High short interest and DTC.

X-Ray FTCI: Industry Group: Solar, Market Cap: 110.67M, Float: 10.34M Short Interest 9.93%, Days to Cover: 16.20, Exchange: NASDAQ

NOTE: Just a note on ONON before I get asked. Earnings were strong and they’re gaining market share but for me the daily chart is mean reverting and it’s just not a good candidate for me based on that today. I think there is potential for delayed reaction but I would have to pass on that chart unless the earnings were absolutely outrageous. Which they weren’t they’re just good.

Market Awareness

Cautious today. We’re on Day 4 of the bounce. Stocks are performing well the past few days so I am optimistic but still not seeing amazing setups to be excited about. Fully expecting continued choppy action. Seeing some Delayed reactions and am interested to see if they can successfully follow through to build confidence.

Delayed Reaction Watchlist (click here Tradingview)

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.}