Starting to get back into my trading again after months out of the game. Only concentrating on shorting over extended plays / buying dips.

 

Looking forward to meeting some of you at the TI Summit in Orlando!!!

 

price: $16.35

todays action: down 7.47%

float: 29.4m

comment: morning panic after 2 consecutive big green days. Regurgitated seeking alpha news article on the 74% gains from Thursday after positive phase 2 data for their drug. Look for a short into any morning spike, or play the bounce with any panic. Major volume for last 3 days and will watch closely, won't be rushed into taking a position.

 

price: $1.49

todays action: down 9.70%

float: 23.7m

comments: todays volume 1.1m after 3m volume on Friday. Potential short into failed bounce around the 1.70 area. Overextended play, hype was based on Rodman & Renshaw investment conference. Breakdown of support past 1.35 could see it crash to low 1s IMO, but again will be playing it safely. 

 

price: $11.60

todays action: down 1.69%

float: 21.4m

comments: todays volume was a 1/4 of Fridays (4.5m v 18m). Was up big on Friday based on positive phase 2 news. There was a short 5 min spike at open before drifting off for first 2 hours of the morning. Looking for a failed spike again tomorrow to short into.

 

price: $1.79

todays action: down 11.39%

float: 23.2m

comments: red day after gains of 130% on Friday due to 25m private capital raise. Over extended, multi-month support at around 1.40… I’ll be looking for another short into a morning spike. 

 

price: 4.22

todays action: up 35.26%

float: 25.8m

comments: lost half its gains after up 70% pm… up on news of ‘successful clinical trial results’ and was likely running in sympathy to the huge bio-tech runs on thurs/friday last week. Made it’s 52 week high @ 5.44, let’s see which way it goes in the morning. Going to play it carefully due to history of multiple green days, and only a handful of red days over the past few months. Potential of another morning spike based off of yesterdays action before fading away throughout the day again. 

 

price: $1.95

todays action: up 2.09%

float: 70m

comments: It’s being pumped, paying close attention, consecutive green days for 2 straight weeks. No catalyst

 

price: $2.16

todays action: down 18.80%

float: 36.1m

comments: down on news of China shutting down bitcoin exchanges and banning all ICOs. I see monthly support at 1.95.. will be looking to short if it looks weak in the morning.

 

This quote springs to mind: "The lesson from the Internet is, anything that China bans, invest in it"