Haven't done one of these in awhile because I've just been much lazier in my trading, due to the fact I really felt like the PDT was limiting my ability to actually make better decisions, and I've been drinking like a literal hobo. Down bad. Come to find out, I actually created a cash account for both of my accounts. I never said I was the smartest, remember everything, or make the best life choices.
I digress. Down to the nitty gritty, biscuits and gravy. $MDVL although very choppy, has been proving itself, and could really have a nice morning spike if it maintains its current range($2.50s-$3.00s.) If it fades, morning panic I would assume, and could be a good dip buy. Former supernova, exponential volume increase, healthcare really being the main runners as of recently, and now they are stating their working with the "magic" shrooms for therapeutics. Warrants getting exercised May 10th for a hundred thousand shares. Definite potential in my opinion.
$HUSA is a little more speculative, and sketchy. Although, oil has been running in the past month. This company is already raising a red flag with its 3 month late 10-K. As I typed that last sentence, I noticed on Finance a head line that stated that this company is "a Wild Gamble Not Worth Taking." LOL. Not much in terms of S.E.C filings, or good news, as another head line stated about "No News Good news?," so looks like it was just a short squeeze on the latest spike. $INDO would be in that category, with only redeeming qualites being the massive volume increase. $WORX would also be in this category, but it's in the healthcare sector.
We'll see what pre-market brings Monday, but most of these are garbage in my opinion, and I would not be aggressive until at least 15 minutes after market open, which I've made the mistake of not doing, and being way too early myself. As for OTCs, I'd try to find something with a good piece of news, and buy at or near high of day in the morning, because that seems like that's the only spike you're probably going to get. Fade allll day baby! YEAH!! I'd also be on the lookout for EV spikers with the whole Elon thing going on.
Later gamers.
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