8/17 Watchlist

 

Main watches:

 

DGLT is the crazy runner from yesterday than went from the .20's to over 1.00 a share before getting halted. Not sure when the stock re-opens, but when it does, and it opens higher, I am ready to short it. Many people that are stuck in the stock right now only want one thing, and that is to get out. So once the stock re-opens, everybody will start selling, and there will be a huge drop. Sometimes it's a good idea to wait, and see it play out for a little bit, before taking a short. Especially when it opens lower. But keep this stock on high watch!!

 

IDXG is the earnings winner with it's analyst upgrade and $5.00 a share price target. It's been running for 3 days, and I had a nice overnight play on it on Tuesday-Wednesday. Nice 17%+ gain!! However, it's getting overextended and would be a potential short on the gap fill in the 1.50's. The Analyst upgrade is most likely to pump up the stock, so insiders can sell their shares.

 

FENG is a biotech earnings winner that's been spiking from the high 2's to the low 4's. It has a lot of overhead resistance in the low 4's, and it is easily shortable. I would be very interested in a short, as I think this stock is becoming a bit overextended here. Along with it being a Chinese based company, and they need money to fund their activities, and they have 71M shares outstanding and 31M in float, I'd say this stock is hyped up and will most likely drop today. Potential short on any spike in the low 4's or a g/r move at the open.

 

MRNS is the earnings winner with a breakout over 2.50. It's been making new 2 year highs, but it seems like the 3.20's were some major resistance yesterday. This stock is easy to borrow, so even though this is an earnings winner. The stock is also way overextended, and I would like to short it today near that 3.20 level. The daily chart shows some blow off topping action.

 

NSRPF is the pump looking chart that finally made it's first red day yesterday. However, there wasn't any huge panic, more like a correction on the daily chart. I'd like to see a big panic, to dip buy the bounce. What I really like is to short it when it goes red again, but I can't find any shares to short, so I'll have to wait for the panic, and then the dip buy opportunity.

 

 

 

Other watches: 

 

SING BTSC BTCS  BITCF MGTI are the bitcoin plays that I am still watching. BITCF is interest for a potential short on a g/r move, as it could barely close green yesterday. MGTI is a beautiful breakout above 1.95, right from Tim G. DVDs. Bitcoin has faded off a little, and most of these plays are way overextended. I prefer shorting them, but when the sector gets hot, you don't want to be short. No play in either of these, only MGTI for a retest of 2.00, and BITCF for a short on g/r

 

LINU INPX MNKD are all the low priced penny stocks that spiking a little bit. Nothing huge, and they all have shitty daily charts with lots of overhead resistance. Potential short into any morning spike on these little stocks.