CDXC - billionaire play. Not a volatile stock, but great news with the billionaire. Possible scenarios: dip buy with support level 2.77. High not day is 3.50. Could see a bounce towards that level but unlikely given the poor volatility. Overnight play could have been possible. Tim doesn't expect a big move up, probably also because of lack of volatility.
MC=112M, FL=24M, V=3M
from previous days:
ZPAS - waiting for a new big ass morning panic
MTBC - lost a lot of money on this today (>20%) because of stupid trading. This stock is getting overextended or already is. Wait for signs of weakness. Or profit from a third green day tomorrow. There is big time support around 1.45 so we could see a bounce off of that. If that is the case, wait for r/g move.
CBIO - former supernova. In the past it has spiked only 1 or 2 days but since it is a former spiker and the fact that we've seen two green days we are hoping for a new huge. The last spike was preceded by two green days too. Watch price action tomorrow. Has resistance in the 5.15 area. Wait for huge volume.
MC=13M, FL=2.3, V=540K
AKBA - too high priced but watching for education. Starting to fade, green day still today but lower high than yesterday. Waiting for first red day here. Overextended.
MC=514M, FL=38M< V=5M
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