Learn the trap

The mechanics behind the score: the filings that quietly decide who's the exit liquidity, in plain English.

What is a shelf registration? How penny stocks sell new shares into a rally
A shelf registration (SEC Form S-3) is pre-approval to sell new shares 'from time to time', filed quietly, used when a crowd shows up. Here's how it works, shown on the real filings of a boat stock that ran +703%.
What is an ATM offering (and why it matters when a stock is pumping)
An at-the-market (ATM) offering lets a company sell new shares directly into a rally. Here's how to spot one in the SEC filings (the 424B5) and why it matters most when a stock is up big.
The going-concern warning: when a company doubts its own survival
When a 10-K or 10-Q says there is 'substantial doubt about the company's ability to continue as a going concern,' the company itself is warning you. Here's what it means and how to find it.
How share dilution works: the share printer, explained
Dilution is how a company pays its bills with your ownership stake. Shelf registrations, offerings, unregistered sales, and reverse splits: the full lifecycle of the share printer.
What is a reverse stock split? Why penny stocks keep doing them
A reverse stock split merges many shares into one to lift the price, usually to keep an exchange listing after heavy dilution. Here's how it works and why serial diluters do it again and again.

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Every Sunday evening: the names heating up on weekend chatter before they hit this board, scored against their filings. Plus Friday receipts: how every score aged, wins and misses. Free, in your inbox.