BLPH - 21 mil float. 12% short. History of failed spikes, but often runs for 2 days. No news as far as i can see, recent pop might have something to do with the conference they recently presented at or just some chat pump. Has no ATM offering but has some warrants at 1.24, and 0.8. Recent big gap down on the daily chart, baggy as fuck. Managed to continue yesterdays move today, topped around 1.25 res area, the  broke out and held into the close. Potential day 3 move. Picked up even more volume today, so unless a hit piece comes out or an offering, this will likely have enough tomorrow for at least a spike in the morning. If doesnt gap up much, will look to short into a spike near the open, watching 1.50 and 1.66 level, but would much rather 1.66. If gaps up over 20% would look to short into whatever p/m resistance it establishes provided it pulls back at some point before the open. Next res are 1.85ish, then 2.00 fwiw. 

NLST - 58 mil float, but very low price. History of failed spikes, typically only runs for 1 sometimes 2 days. Only news as far as i can see is some analyst upgrade. Thats fluff, other than that nothing. Has a little bit in its ATM offering left, has some warrants at 0.3, 0.11, 0.15 and more in the sub-dollar range. Fairly baggy on the one year chart. Gapped up today, and this thing trapped and soaked shorts all day, until 2:00 where it started to pick up and went bananas. Up after hours as well. If holds its gap up will look to short against whatever p/m resistance it establishes p/m. If comes back down near todays close, will give room for it to run, and short into a parabolic move. Day 3, lets see a trend reversal. Going to be careful and watch tape, wouldnt be surprised to see manipulation tomorrow as there was today. But whoever was propping it today, could very well disappear tomorrow. Watching 0.93-0.94 level and 1.00 whole dollar mark of course. 0.82 and 0.75 are also to be watched on the backside. Will be patient shorting this because there is plenty of downside, and is pretty crowded. dont want my shares taken tho. 

Not many plays right now, chose only the best and forget the rest. 

- T