I have decided to start documenting my watchlists here as well as in my notebook so that I have a record and hopefully as I improve others can benefit from my research/work. I document the After Hours close price (A/H close) because my research has shown that stocks from my watchlist that open below the A/H close finish down on the day 68% of the time. Opening below the A/H close doesn't preclude morning or mid-day spikes, but tells me that they will generally retrace back to the open price.
1. NDRM - A/H close $28.95 - Spiked on news and at an all-time high - May run Monday
2. TRVN - A/H close $4.15 - May move slowly, but I believe it has about $0.85/share of upside - Filling the 2/21 gap-down on side-effect concerns - Looking for this to come up into the low-mid $5s
3. RIGL - A/H close $2.86 - I believe this has a 3.5:1 risk reward - ER on 3/7 - $2.70 support with $3.32 and $4.38 resistance levels - may trade if adequate volume and upward movement in morning
4. SSRI - A/H close $10.54 - I believe this has $0.40/ share of upside - it spiked then over-corrected (in my opinion) on a mixed ER
5. BGFV - A/H close $15.45 - $0.18-$0.66/share of upside - Spiked on 2/28 - ER winner - Target price should be $15.63-$16.11
6. OCLR - A/H close $9.63 - Probably won't trade because I like this company and may not be able to be objective - Apprears to be correcting back to mid-high $10s - Dropped with sector still strong company - Dropped 2/21 - 2/23 on no news
7. NAVB - A/H close $0.73 - Good news A/H Friday. Should make the rounds over the weekend and may spike Monday morning.
8. ATEC - A/H close $4.58 - Great news on 2/28 which took a while to impact price - up 17.44% Friday - Monday spike possible - May have profit taking before spike can happen
Others that may be interesting on Monday:
1. VBIV - Up on good news (I think it's good news)
2. MVIS - Huge A/H gap up will it spike or panic?
3. STML - I believe that this has $1.00-$1.10 of upside, but need to do more research
4. ORIG - Preparing for Ch. 11 - Filed impairment to add $3B losses for 4Q 2016 - They quit
5. ACHN - A/H close $4.08 - $500M market cap releasing $250m new shares price should correct down 1/3 to $2.80/share based purely on math, but has only dropped $0.12/share - I believe this will be a great short if timed correctly
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