1- ZYNE $7.6: Failed cannaboid company with their main epilepsy failing miserably. Everyone is hanging their hope on Phase II results in osteoarhtritis.. Likely will fail. If not, it will probably fail phase III. I would NOT touch it, until you note a downturn and I would not hold overnight or be really careful. Don't get in at the open, wait till 10 am.
2- W $73.6: Based on chart alone. I would use a stop loss.
3- PUMA: Lost the chance for a short.. I was waiting for 90-95 again. This one also very risky.. Approved drug which sucks and I believe once the word gets out oncologist won;t prescribe it.. But It is possible for some moron pharmaceutical company to buy them out. It as happend before.
4- MTBC $1.4: Waiting for a bounce close to 2.0. I am basing my short thought based on chart
5- MBRX $2.8: PRECLINICAL company boasting unnecessarily about trials that have not really taken place. Looking for shorting if it gets to 3 bucks. They got a bump based on a BS article by their CEO.
Join now or log in to leave a comment