News just posted on my watch list that $UPL have filed for chapter 11. This could be potential a short tomorrow. Volume was up nearly double its avg. vol. Seemed to have a little bit of support at .30 but it dipped below that briefly in the mid afternoon.
$UPL was down 22% Friday to .32 a share. The 52 week low is still about 50% less than that. This could be a potential easy 10-20% gainer.
This was not really on my watch list for tomorrow but the news had alerted me so i figured id spread the word. Good luck to all and happy trading!
Posted May 02, 16 12:11 AMbyBeardedManTrader
Received 1 Karma
thanks!
glad i got out of this sinking ship two weeks ago.
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