Good evening profit.ly. Disappointing day for me as although I was all cash (so neither gained or lost), I shoulda, woulda, coulda nailed GBSN on both the long in PM and short shortly after. Still working on my confidence to execute and balls up and committing to my thesis. However, hope everyone had a successful day. My wwatchlist was pretty bang on today, however unfortunately I was having a problem with my Suretrader account with following KBIOQ and CBDS and was also too focussed on GBSN and its news which really pisses me off as I never balls up and executed...but oh well.

 

KBIOQ

This thing has just kept running in the past few days. Hard to predict what next, however as Tim pointed out yesterday, it it bound to come down at some point, most likely in the next week or so. So its a good one to watch for a potential short with big potential gains. I will keep an eye on it even though its a little pricey for my small account. Spiked yet again this morning big, however again downtrended all day and finished just under a buck higher then the previous close. Still a big time potential short and one to keep on my watch even though it is pricey for my small account.

 

CBDS

A weed play thats up big recently. Definitely one to watch for me tomorrow or in the next couple of days as it looks to of formed a perfect double top at the $3.70 mark and imo is likely to come crashing back down to wear it came from 2 weeks ago or close to it anyway. Very good risk reward here looking at this stocks history after big spikes. Perfect!!!!! Just as I said, $3.70 was the double top and right from the open it downtrended all day, finishing over 20% lower than the open. Shares are very hard to come by and I don't think possible on Suretrader, however I still think this has more crash ability and one to watch for anyone who can find shares. 

 

GSI

 

Thursdays top gainer on news of selling their 99% stake in Maoming Hengda Steel Co. If I'm honest I am unsure how this will play out tomorrow however I will be watching it closely. It struggled to hold its gains from its morning spike and finished nearly a buck lower then its highs. Imo this could break out again in the morning and if it heads back up towards $3 i will look to find shares to short…should be an interesting watch tomorrow. Dropped at the open however it did pick up after 10 and finished above the previous close. I still believe this will fall and make a good short, however it is becoming apparent that its not too predictable so I will review this later whether to keep this on my watch.