I'm already in a few trades overnight from Friday. Now that I'm thinking about it, and after watching more of Tim Sykes and Gregg S's videos over the long weekend, I should be more careful, specially shorting over night is not a good idea on these low float stocks. Anyway, will have to be extra alert on Tuesday on the short positions on $GLYC and $BCRX.
Thinking of shorting $IMGN on Tuesday. Risk reward is good (not much support because of recent gap ups), upside is around 0.67 or more and downside is around .20. Will have to check price action in the morning. After market it's around 4.67.
I'm putting the Sykes Sliding Scale (SSS) of the stocks per my estimate, let me know if they match yours.
SSS of $GLYC is 80
SSS of $BCRX is 82
SSS of $IMGN is 84
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