ARRY- Big run yesterday from phase 3 results and then pullback today. Had a proposed 100 million stock offering announced AH today but wasn't a big pull. Personally my thinking is that since none the terms of this offering have been disclosed its hard to determine if this offering is a good thing or not so the market reaction was slightly negative but came back showing uncertainty. Strictly a watch for me until the terms of the offering are disclosed.
GALT- Tank AH after dissapointing phase data http://finance.yahoo.com/news/galectin-therapeutics-announces-top-line-201500699.html Also has an open 2 million offering effective as of sept 9th. Bad sushi but as we have seen these can bounce and offer opps from the long and short side.
SEED- Up big ah on announcement sale of commercial seed production and distribution business for 60 million http://seekingalpha.com/pr/16617636-origin-agritech-announces-sale-commercial-seed-production-distribution-business-60-million Bigger float but has a decent chart and while it doesnt have a big history of spiking or even holding those spikes well it still bear watching considering the movement. Would like to see how it does with actual volume during market hours.
ESSI- Former APS ticker that ran big recently and has since bounced from the .80's to the 1.30's. Number 5 pattern on tims 7 step framework so I'll be looking for a short op on this bounce.
RGSE- Low float supernova that ran huge today. Sold off eod and still up a bit for me to want to buy. Worth a dip buy once it shows bottoming as we have seen many times with these low float runners. I'm watching for more flow to come back into these low float stocks again as we have seen a bit more today especially.
i am still holding RGSE sadly because i completed 3 roundtrips in my 5 day period so hopefully spikes tommorow so i can sell
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