Day Trades:
$SDRL Short @$2.80 Risk: $0.10 Goal: $0.50+
$RENN Short @2.30 Risk: $0.10 Goal: $0.30+
$BIOD Long @$0.60 Risk: $0.10 Goal: $0.30
$CPRX Long @$1.57 Risk: $0.12 Goal: $0.43
$CRMD Long @3.26 Risk: $0.16 Goal: $0.75+
$RGSE Long @$2.63 Risk: $0.20 Goal: $0.50+
Swing Trades:
$ORIG Long @$0.85-$0.86 Risk: $0.05-$0.06 Goal: $0.15+
$MGT Short @$2.15 Risk: $0.15 Goal: $0.50+
$GEVO Long @$0.50 Risk: $0.03 Goal: $0.25+
$MJNA Long @$0.077 Risk: $0.005 Goal: $0.03-$0.04
New Positions:
None
Current Positions:
$ORIG Long 500 shares at $0.8511, Stop Loss at $0.80, Goal is to see this re-test $1 range and breakout in the next few days. I’d like to see mid $0.90’s by weeks end setting up for a nice spike next week. I don’t plan on holding this more than 2 weeks.
$MJNA Long 10,000 shares at $0.077. Unfortunately, I was slammed busy all morning and afternoon and totally missed this panic this morning. I didn’t have a physical stop loss set (jus mental) so I’m down quite a bit here right now. I do still plan on holding this a little longer if it can hold in the $0.06’s otherwise I’ll look to move on.
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I think you can get out of $MJNA fine in time, as they are all waking up in that sector right now. Once again, great watch list Matt.
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