CETX is undergoing same kind of promotion as STEM. SCL/SML paid pump 3 days. Broad St paid pump 2 days (starting 2nd day). Runs up for 2 days & crashes into the end of 2nd day & then it's downhill from there. See if CETX acts same. BUT difference is CETX also had "good earnings". Promoters are still supporting right now. & possibly tomorrow. Possible short tomorrow. Lost a lot of its gains today though. :/ BUT still finished up 8% on day. G/r tomorrow would still be not a bad move. Hopefully it has one more up day, unlike STEM (which tanked on 3rd day)
SCL/SML has abandoned ship. Broad St has 1 more set of emails. EARNINGS WERE ACTUALLY GOOD. With positive net income & assets unlike most companies.
MGT - look for weak open & g/r snap. Lots of profit taking to be done. Otherwise wait another day. Be careful though, volume is still increasing even as prices get higher. Medium-low float. Overcrowded short. CUT LOSSES FAST.
ONLY SHORT MGT WHEN NEWLY RED!!!
Watch:
CYTX - up on offering subscription deadline
APPY - up solely due to 10% investor. Look to short later.
CBYL - up solely due to b/o. Look to short later in week.
Not a huge fan of EBIO anymore. Today was the day to be short at open. Chart is super choppy. Looks like it regularly has a huge spead (like 5%+) No play.
hey , do you think Gevo is a keeper ? I bought gevo at 0.316 and has only been going down since i bought it. I read some positive news on the experiment with alaska airlines and i am expecting it to go up but i am not so sure and need some advice. Whats your take on this.
Idk what the news is but it's not like any pattern that I'm any good at trading. Look at the 5 year chart before you consider holding long term. Looks like it's coming down from a spike, so that was not a great time to buy. I probably would have looked to short it yesterday morning, but it's too low priced. My guess is it'll be sideways and boring. Downtrending on a long-term basis. The Crow. http://www.timothysykes.com/tag/crow-pattern/
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