Here is my premarket watchlist for todays plays. 

 

$CNAT is a low float low market cap stock with a ton of bag holders, it is down from the $3.50's to the mid range $1's and now spiked 40% between yesterdays close and todays premarket. If this stock has a morning spike, which is highly highly doubted, it will fade all day. There isn't any news for it to have spiked, but if I find something that I may have missed,  it could be an overnight play depending on the chart pattern.

$DTSI is also a low float low market cap stock that ran 23% after hours into the premarket hours, but is up on news that is will be aquiring a company. Currently, the one year chart is a solid uptrend and there are a TON of bag holders on this stock. There are also plenty of shares short (About 600k) so this could call for a short squeeze. THe problem im seeing here is that the stock is already priced in the $40 range, and I don't think there will be much upside if it doesn't short squeeze. Honestly im watching this one for an overnight play as well, but as always you absolutly never know what will be a good play later on in the day.

Note: This watchlist doesn't include my SSS scores for the stocks because they aren't potential trades for me today, im just watching them.

Follow me on twitter @dillonbrown107 to see what im up to in the markets.