Construction Partners ($ROAD) $101.30

Construction Partners (NASDAQ: ROAD) reports earnings tomorrow before the market opens.  ROAD is basically an infrastructure play focused on asphalt paving and road construction across the high-growth Sunbelt, benefiting from strong state DOT spending, population migration, and federal infrastructure funding. They are also involved in site preparation for AI data centers.

Why look at ROAD now? 

• Institutional ownership is very high (over 90%), suggesting strong investor sentiment and conviction from asset managers and professional investors and has been increasing going into earnings.
• With a consensus of Strong Buy/Buy ratings and an average 12-month price target around $135–$145, earnings tomorrow could generate a significant positive reaction considering the stock was over $150 earlier this year.
• ROAD has consistently grown through acquisitions while maintaining a record backlog and management recently increased its full-year revenue and EBITDA guidance.

After checking the charts, the stock has always run up after earnings after its traditional "surprise" beat on earnings. There are options available for consideration.

The obvious risk is that ROAD does NOT beat earnings expectations, in which case the "smart money" has been not smart in this earnings cycle.

Do your own due diligence. This is only a prompt to look at ROAD before earnings tomorrow morning.

Spending a lot of time looking for both short-term scalp opportunities and longer-term investment ideas. One thing I've learned is that sometimes what starts as a momentum trade can evolve into a longer-term investment if the investment story keeps improving and attracts a broader investor audience. 

After running my weekend scans, three names stood out for very different reasons: Red Cat Holdings (RCAT), Eos Energy (EOSE), and SKYX Platforms (SKYX). All three companies have Q2 earnings coming up (currently expected by mid-August), so they are worth watching over the next few weeks The info below is not comprehensive, so do your own research.

Red Cat Holdings (NASDAQ: RCAT) $8.83

• Market Cap: Approximately $1.3 billion
• Friday Volume: ~5.9 million shares
• Business: Designs and manufactures drones and unmanned aerial systems focused primarily on defense, military, and public safety applications. The company's unmanned marine systems is ramping up and it would not surprising to see contract announcements from this new division.

 

Watch for:

• From a technical chart perspective, RCAT looks like a triple bottom, with the stock continuing to build a base. If that pattern holds, it may provide an attractive technical setup heading into earnings.
• Investors  are expecting updates on defense contracts, production ramp up, revenue growth, and management's outlook during the Q2 earnings report.
• Short Interest is over 30% of the public float (as of June 30) makes it more interesting. Either the shorts are right and the stock is headed lower...or there is a real potential for a short squeeze.

Eos Energy Enterprises (NASDAQ: EOSE) $4.40

• Market Cap: Approximately $1.5 billion
• Friday Volume: ~22 million shares
• Business: Manufactures zinc-based long-duration battery storage systems for utilities and commercial energy storage projects.

What to watch for:

• OSE has been under pressure following the company's recently announced rights offering, which will dilute existing shareholders. (Read the company's rights offering press release for the details before investing.) But that overhang is temporary and the rights offering expires in late July.
• Despite that overhang, Q2 earnings could provide updates on manufacturing expansion, backlog conversion, customer deployments, liquidity, and future guidance. If execution continues improving, it could become an interesting recovery story.
• Short potential here too--30% of the public float is short.
• Technical chart indicates stock is Oversold

 

SKYX Platforms (NASDAQ: SKYX) $1.27

• Market Cap:  $150–$160 million
• Friday Volume: ~2.2 million shares
• Business: Developed a patented plug-and-play electrical ceiling outlet technology designed to make installing lighting, ceiling fans, and smart-home products safer and easier. Working towards a new construction mandate for residential market

What to watch for:

• One recent development that caught my attention is the steady increase in daily trading volume and share price following the company's removal from the Russell 2000 and Russell 3000 about ten days ago. Stocks often experience temporary selling pressure around index deletions, so I'm interested to see if this marks a change in trend.
• Another potential long-term catalyst is the company's relationship with Marriott. Management has said Marriott completed a successful pilot program using SKYX technology last year. As I understand it, Marriott has not yet made a system-wide decision on whether to adopt the technology across future renovation projects, but if that eventually happens, it could represent a meaningful commercial opportunity given that hotel properties are typically renovated every 4–5 years.
• Watching for updates on new builder partnerships, construction mandates,  licensing agreements, revenue growth, and the company's path toward positive cash flow.
• As of June 30, SKYX's short interest declined by 40%. JMO--but when you see such a sharp decline, it often indicates that the shorts are closing out their positions because continued weakness is not to be expected.

These companies are in completely different industries, but each has its own reason to be on a trader's watchlist:

• RCAT — Possible technical chart base with defense contract upside.
• EOSE — Rights offering has weighed on shares, but execution during earnings could change sentiment.
• SKYX — Notable volume trend after Russell index deletion, plus potential upside if commercial adoption continues to expand.

The only recommendation here is to do your own independent research.

As anyone who follows mining stocks knows, the spot gold price has declined dramatically and that correction has dragged many gold mining stocks lower—even as many companies are either increasing production or approaching final permitting. 

After gold hit the year-to-date high of US$5,320/oz the price declined 22%. Although it is always difficult to predict gold prices, but given its pullback, looking at promising gold (and silver) companies before gold rebounds could be a good idea now. The following companies are worth doing detailed due diligence and monitor corporate press releases for gold/silver production numbers, permitting, etc.

Large Gold Producers (All multi-billion dollar market caps)

Avino Gold & Silver (TSX/NYSE American: ASM)
Avino operates the Avino Mine in Durango, Mexico and is expanding production and continues to explore its large district-scale land package. The company's last news releases highlighted continued operational improvements, strong quarterly production and progress at  the La Preciosa Project, which the company projects will  develop in a significant growth asset. With both gold and silver prices significantly higher over the past twelve months (despite off their highs), ASM offers a company with both gold and silver production.

Equinox Gold (TSX: EQX | NYSE American: EQX)
Equinox Gold has been transformed  into one of North America's largest intermediate gold producers after merging with Calibre Mining. Now operating four (4)  producing mining complexes across Canada, the United States, and Nicaragua,  EQX  has a plan to develop into a 1+ million ounce per year gold producer with the Greenstone and Valentine mines. The company's most recent announcement reported that they signed a  long-term land access agreements with all three communities surrounding Los Filos in Brazil which allows the planning and technical work to restart the mine and expand future production. Greenstone is one of Canada's newest large-scale open-pit gold mines which reached commercial production in late 2024 and continues to ramp up toward full capacity. It is expected to become one of the country's largest gold producers with a mine life of over 15 years and significant exploration potential.

B2Gold (TSX: BTO | NYSE American: BTG)
B2Gold operates producing mines in Mali, Namibia and the Philippines while advancing the Goose Project in Nunavut in Canada. Latest news? The company released a strong Responsible Mining Report and continues to develop the Goose Mine toward becoming a key Canadian producer.  The Goose mine (a combination of open-pit and underground mining) is expected to produce 170,000 to 230,000 ounces of gold in 2026, and projected to increase to more than 300,000 ounces annually beginning in 2027.  Goose is expected to average approximately 300,000 ounces of gold production per year (over the first six years), making it one of Canada's newest large-scale gold mines feeding a 4,000 ton/day processing plant which may expand to 6,000 ton/day.  There is more risk with the jurisdictions overseas, but the Canadian project could mitigate some of that perception.

Junior Miners / Developers

Sonoro Gold (TSXV: SGO | OTCQB: SMOFF)
Sonoro's Cerro Caliche Project in Sonora, Mexico had a very positive PEA (using a $3,500/ox gold price) supporting a phased open pit operation and is advancing toward permitting, infrastructure construction and eventual gold production. Recent updates have focused on optimizing the project economics, advancing  towards expected permitting, and preparing for the next phase of development. Sonoro's flagship Cerro Caliche Gold Project is a fully permitted-stage, open-pit heap-leach gold project in Sonora, Mexico, located between Agnico Eagle's (NYSE:AEM) Santa Gertrudis project and the Mercedes Mine and has been recently expanded. The project contains over 420,000 ounces of gold resources with significant exploration potential as only about 30% of the known mineralized zones have been drilled to date. The company has raised capital in a series of non-brokered private placements at higher current equity prices. Significantly, insiders have participated in every private placement.  

Luca Mining (TSXV: LUCA | OTCQX: LUCMF)
Luca owns two producing mines in Mexico: Campo Morado and Tahuehueto. Campo Morado is a underground volcanogenic massive sulphide (VMS) mine producing zinc, copper, lead concentrates, with gold and silver by-product credits. The operation has a processing plant capable of handling approximately 2,500 tons/day and hosts six known mineralized deposits.  LUCA's  latest news reported drill results from the El Rey Zone at Campo Morado, including a 28.4-metre intercept grading 2.3 g/t gold, 135 g/t silver, along with significant copper, lead and zinc, demonstrating continued resource expansion potential.

Dryden Gold (TSXV: DRY | OTCQB: DRYGF)

Dryden's flagship Gold Rock Camp is emerging as a district-scale discovery rather than a single deposit. Mineralization has now been traced for several kilometres and remains open in every direction. Recent drilling continues to intersect broad zones of gold The company continues to report high-grade gold intercepts from the Gold Rock Camp while systematically expanding multiple targets. Its latest drilling update continued to demonstrate high-grade mineralization along the Elora Gold System, supporting the potential for a significant new gold district in Northwestern Ontario.   

Check the stock charts, recent press releases, cash on hand and any recent mineralization reports, permitting announcements and PEA's.

One of the biggest opportunities in the market is finding companies before the broader investment world discovers them. At that "pre-discovery" stage, there usually is no Wall Street research coverage, no flashy 12-month price targets, and very little institutional sponsorship (if any). Investors are left doing the old-fashioned work: reading SEC filings, studying press releases, watching CEO interviews on YouTube, and sitting through virtual investor conference presentations.

Doing that work/due diligence can be very rewarding. Here are four stocks that are good examples of finding companies before success was assured.

BGDE (Big Digital Energy) Closed on June 18--$10.67

Currently a bitcoin miner with129 Megawatts of power, expandable to 153 MW with capex

• Market Cap: $39 million.
• Shares Outstanding: 5.5 Million
• New Management Ownership; 1.5 million shares

 

Nasdaq just confirmed last week the company's continued listing compliance, removing a significant overhang that had weighed on investor sentiment.

From a technical standpoint, BGDE recently broke above its 200-day moving average on strong volume. The stock is now trading above the psychologically important $10/share level, a threshold that often places a company on the radar of additional institutional investors and mutual funds.

The company also recently posted an updated investor presentation on its website. www.bigdigital.energy/investor-hub/company-presentations/

NOTE: When a microcap begins clearing technical resistance at the same time a major listing-risk concern disappears, traders should pay attention for more news.   

ANY (Sphere 3D) Closed at $3.43

• Market Cap:  About $26 million 
• Shares Outstanding: 8.2 million

On June 1, the long-awaited merger was announced and the stock exploded from below $2/share to roughly $6 in only a few trading sessions. Unsurprisingly, the move became overextended and the stock has since retraced into the mid-$3 range.

However, the underlying facts remain compelling considering the huge increase in megawatt power access. Before the merger, ANY was essentially a bitcoin miner with approximately 8 megawatts of power capacity. Following the transaction, the company now controls approximately 53 megawatts across five facilities in three states with a focus to transitioning to AI infrastructure. A modest per/MW valuation of $1.5 million per megawatt would suggest a market cap of about $80 million.

Another way to view the deal is that power capacity increased more than fivefold  (5X) while the share count expanded from roughly 4 million shares to approximately 8.2 million shares outstanding. (only 2X)

Note: Traders focused on the pullback last week. But watch for a consolidating base and a more news out of a merged company that has talked about expanding to 100 MW.

RCAT (Red Cat Holdings) Closed at $11.44

• Approximate Market Cap: $1.9 billion.
• Research Analyst Consensus: Strong Buy.
• Average 12-month Price Target: Approximately $22/share, with published targets ranging as high as $25.

RCAT has transformed over the past two years from a small drone manufacturer trading below $2/share into one of the most discussed names in the defense-drone sector.

Technically, the chart  has been"filling the gap" created during prior rapid advances. See that chart--a great example of filling the gap.  Many chart watchers view this type of consolidation as a constructive process that can build a stronger foundation for future moves.

The next major checkpoint is earnings, where investors will be looking for continued quarter-over-quarter revenue growth and confirmation that recent contract momentum is translating into financial results.

Note: RCAT is no longer an undiscovered microcap looking for attention. The question has shifted from "Will they win contracts?" to "Can they execute at scale, expand their footprint from just aerial drones to Unmanned Maritime drones and report significant revenue and net income numbers."  

UMAC (Unusual Machines) Closed at $24.95

• Market Cap: Apprimately $800 million 
• Analyst Consensus: Buy / Strong Buy.
• Average 12-month Price Target: Approximately $25-$27, with targets reaching $30. With a recent upgrade to $40 target price

UMAC is another example of what can happen when investors identify a promising microcap early. Less than two years ago, shares traded below $2. Today the company is viewed as a meaningful participant in the rapidly expanding U.S. drone ecosystem.

The story has attracted increasing analyst coverage as revenue growth accelerates and management continues to build a domestic drone-components platform at a time when U.S. supply-chain independence has become a strategic priority. In other words, UMAC benefits despite which drone manufacturer is awarded a contract.

Note: UMAC illustrates why patience is important in microcap investing. Many of the biggest winners don't look obvious at the beginning. Investors who did their due diligence, monitored management's guidance with actual results, and stayed patient were rewarded long before Wall Street analysts started publishing target prices.

Bottom Line

The biggest gains are often made before a stock receives widespread analyst coverage and institutional sponsorship. By the time multiple firms are publishing bullish price targets, a significant portion of the move may already have occurred. BGDE and ANY represent the "early birds" and RCAT and UMAC show how it is never too late to profit in an evolving investment story.

In other words, BGDE, ANY, RCAT, and UMAC are all very different stories, but they share one common trait: investors who spent time reading filings, press releases, and management commentary had the opportunity to understand the story before it became obvious to everyone else.

So, do the DD and, at the minimum, monitor these names for future news and progress.

GLTA

Any investor in IREN, Applied Digital (APLD) and Terra Wulf WULF over the past year have benefited from their transition from valuing Bitcoin miners as AI infrastructure companies.

IREN (formerly Iris Energy) is up over 250%+ in the past 12months.  Applied Digital APLD is up over 320%+ over the past year, as the company pivoted from crypto hosting toward AI and hyperscale data center infrastructure.  And $WULF has generated almost gains of 700% gains over the last twelve months.  

Which is why Big Digital Energy (BGDE) and Sphere 3D (ANY) is interesting as very undervalued companies given their access to power. The market has already begun to assign much higher valuations to companies that control power, land, and digital infrastructure when investors believe those assets can support AI workloads. If ANY's 53 MW platform attracted investor attentions and BGDE controls approximately 129 MW of online capacity, the market will most likely begin to discover these companies on megawatts and infrastructure potential rather than solely on Bitcoin mining metrics.

Sphere 3D (ANY): Wake Up Call for Company Now with 53 Megawatts of Power

The recent merger between Sphere 3D and Cathedra Bitcoin created a combined company with approximately 53 MW of operational power capacity with five (5) data center sites in three (3) states, plus a pipeline potential to 100 MW. Check that trading volume on Monday's merger announcement---ANY is now on many more trader's/investor's radar screens as news is announced. ANY traded at $1.70 area before the merger announcement--- running to over$5.00 intraday before retracing and beginning to build a higher base.

With the newly merged company with a market cap of about $32 Million (at current price of $3.80/share). Any investor familiar with the valuations per Megawatt (minimum of $3 Million/MW depending on specific situations), can see the undervaluation here. Do the math 8 million shares outstanding...53 MW X $3 Million plus equals a much higher price.

Big Digital Energy (BGDE): With 129 MW of Power Expandable to 153 MW

BGDE recently completed a major restructuring and rebranding from Mawson Infrastructure Group to Big Digital Energy. The company currently operates 129 MW of online capacity, with the ability to expand to 153 MW with additional capex.

The new management team is focused on strategic repositioning around digital infrastructure with continued emphasis on carbon-free energy and infrastructure for future compute/GPU applications.

But for immediate cash flow, the company recently announced a 75 MW colocation agreement with the Endeavor Group (which owns 27% of BGDE shares--1.5 million of the 5.5 million shares outstanding-- bought since December )where Endeavor will deploy 25,000 mining computers with a 50/50 split of bitcoin revenues, with Endeavor accepting shares in BGDE and warrants with an exercise price of---$20/share (almost 3X the current price).  When BGDE benefits, so does Endeavor.

Sowith all this good news, why is BGDE still trading around $7/share and a market cap less than $39 Million?  Again, in a market environment with MW valuations of $3 million/MW. Do the math with 129 MW.

Well, one issue hanging over BGDE has been Nasdaq compliance under previous management. Earlier this year Nasdaq issued a determination related to stockholders' equity falling below the $2.5 million continued listing requirement as of year-end 2025.

However, according to the company's first-quarter 2026 financial reporting, shareholder equity improved to approximately $4.3 million, which is above the Nasdaq $2.5 million threshold that originally triggered the deficiency notice. The company is currently awaiting the Nasdaq Hearings Panel determination. It would be reasonable to assume that when this overhang goes away, the stock is unlocked for more gains...and most likely more news.

Do your own research including SEC filings, corporate websites, press releases etc. And good luck.

$BGDE---Big Digital Energy (Nasdaq: BGDE), formerly Mawson Infrastructure Group (MIGI), is in the midst of a pivot under a newly installed management team backed by the Endeavor Investor Group. The company is repositioning itself as a digital infrastructure and power platform focused on Bitcoin mining, AI/HPC compute, and colocation services, leveraging a substantial (and undervalued) existing energy footprint and a tightly held share structure. After a successful activist campaign led by Endeavor-affiliated investors, the company installed a new leadership team focused on operational restructuring, monetizing infrastructure assets, reducing debt and repositioning the company for growth in digital infrastructure markets.  

A major strategic catalyst followed shortly afterward when an affiliate of Endeavor Blockchain announced a colocation agreement with Big Digital Energy involving approximately 25,000 Bitcoin mining machines. The deployment is expected to utilize roughly 75 megawatts (out of 129 MW available) of capacity within BGDE’s infrastructure footprint. The generous terms of the agreement are especially notable. BGDE and Endeavor will operate under a 50/50 split of mining proceeds, but instead of receiving its portion primarily in cash, Endeavor agreed to receive equity-based compensation through common stock and long-dated warrants exercisable at $20 per share. The structure is viewed by many investors as highly aligned with shareholders because Endeavor’s upside becomes substantially more valuable only if BGDE’s equity appreciates significantly from the current price of $5.90.

The agreement also allows BGDE to generate substantial cash flow while preserving liquidity and minimizing near-term balance sheet strain. Management has emphasized that the company can scale operations without needing large immediate capital raises.

BGDE currently controls approximately 129 megawatts of energized power capacity, with the ability to expand to roughly 153 megawatts through additional capex and optimization initiatives. In an environment where access to scalable power has become one of the most valuable assets in both Bitcoin mining and AI/HPC infrastructure markets, BGDE’s existing energized capacity is clearly undervalued at the current market cap of $33 million. The company also has an unusually tight capital structure. BGDE reportedly has only about 5.5 million shares outstanding, with approximately 1.5 million shares owned by Endeavor-affiliated entities. Translation: very small mall public float.

Now for the most immediate catalyst-- the company’s pending Nasdaq hearing resolution., Nasdaq issued a delisting determination because BGDE’s stockholders’ equity had fallen below the required $2.5 million minimum as of December 31, 2025, when equity stood at a deficit of approximately $3.1 million. The company requested a Nasdaq hearing, which automatically stayed the delisting action.

However, the financial situation has changed materially since then. As of March 31, 2026, BGDE reported stockholders’ equity of approximately $4.3 million — now roughly $1.8 million above Nasdaq’s minimum requirement.

As a result, many investors now view the Nasdaq issue as an outdated overhang rather than a continuing fundamental threat. The stock is already trading at levels that suggest the market increasingly expects compliance to be restored. A formal Nasdaq determination confirming compliance and resolving the hearing favorably could remove what many traders consider the single largest overhang on the stock.

Good Overview here**:** BGDE — Big Digital Energy Stock Fact Sheet - FactSheets.com

$RZLV--Rezolve AI (Nasdaq: RZLV) is an AI-powered commerce and retail technology company focused on helping retailers, brands, and e-commerce platforms use generative AI for product discovery, checkout, payments, and customer engagement. The company positions itself as an “AI infrastructure” platform for commerce, integrating conversational AI directly into shopping experiences for enterprise customers. Its platform includes products such as Brain Commerce and Brain Checkout aimed at increasing conversion rates and automating digital retail interactions.

One of the most notable aspects of the stock is the disconnect between Wall Street analyst targets and current market sentiment. Despite heavy bearish positioning, 7 analysts currently maintain an average price target of approximately $11.00 per share, versus a recent stock price near $2.60.   At the same time, the stock has attracted unusually largeshort interest--42%–45% of the public float as of April 3. 

The bull thesis centers primarily on extremely rapid revenue growth and aggressive forward guidance. According to the company’s latest reported financials, fiscal 2025 revenue increased to approximately $46.8 million, up more than 2,200% year-over-year from roughly $2 million in the prior year. Gross profit reached about $30.9 million, although the company still posted a net loss of approximately $101 million as it continued scaling operations (likely the reason for the short position)

Management has guided for substantial additional growth in 2026. The company stated it entered 2026 with more than $232 million in contracted revenue and projected approximately $350–360 million in 2026 revenue. In April 2026, Rezolve announced that Q1 2026 revenue reached approximately $60 million based on unaudited management accounts — exceeding its entire audited FY2025 revenue in only one quarter.

Current market capitalization is approximately $1.0 billion, though the figure fluctuates significantly with the stock’s volatility. Dilution has been a concern over the past year, but any positive news could trigger a short squeeze.

$GCTS_-- GCT Semiconductor Holding (Nasdaq:GCTS) has been discovered by momentum traders recently. In its latest quarterly report, GCT Semiconductor reported Q1 2026 revenue of approximately $1.9 million ( a very modest top line), representing roughly 287% year-over-year growth. Gross margin improved sharply to nearly 49% as the company transitions from development-stage operations toward commercialization of its 5G products. Management also noted that 5G chipset shipments rose 58% sequentially from the prior quarter.

The stock has experienced an explosive rally, climbing more than 200% from its recent 52-week lows and closed at a high not seen since October 2024.  The bulls see:

• Growing enthusiasm around satellite-to-device connectivity. (Actually any company that could benefit from the SpaceX IPO buzz has been strong recently).
• AI and 5G infrastructure business plan
• Expectation that the company is working on future licensing opportunities.
• Improving research analyst sentiment and commercialization milestones.

 

There is a reasonable need for a word of caution from a technical standpoint. The Relative Strength Index (RSI) is 88, which is usually considered to be in overbought territory. An RSI above 70 is traditionally viewed as overheated, and readings near 88 often precede heightened volatility, profit-taking, or short-term pullbacks. So, it would not be a surprise to see a healthy pullback.

Traders chasing momentum at current levels should be prepared for potentially significant pullbacks even within a broader uptrend. But, with volatility comes opportunity. 

Do your own research. Start with press releases, visit company websites, view stock charts and verify short interest numbers.