June 29th, 2016 - Watchlist

Alright guys, this is my first watchlist that I have actually posted on profitly. Don't take anything I say too seriously because I'm new to this and still have a lot to learn. Feedback in the comments section is always appreciated.

 

IMMU - Terrible company but up on a patent announcement, relatively large float with 27% short could cause a squeeze, plenty of 6m support in the low 2.00s, only going to buy on momentum

 

GBR - Stock spiked 70% on tuesday with no news so it is definitely a watch today. Extremely low float (<100k) could cause another big spike today

 

FUEL - Stock surged because Trump announced he’d been using their software, 30m float but 16% are short so this could squeeze pretty good, only 4m traded yesterday though so who knows, a lot of support in the 2.20s for a dip buy

 

WPRT - Up for unknown reasons, but news this morning of shareholder meeting results could cause a small spike, relatively large float, but 15% are short, watch price action

 

GNCA - Up yesterday on no news, has a 20m float with 30% short, traded double the avg volume yesterday, down .30 off of it’s highs of 4.70, could be a good buy if shorts get squeeeeeeezed

Top Pick(s): IMMU, FUEL