Investors Underground Q&A [SALE]: https://investorsunderground.com/s/Fv4SV
Was an absolute pleasure to do an IU interview! Be sure to check out the blog and interview: investorsunderground.com/s/dCWh6/
Sign up for Traders4ACause … I’ll be doing a Q&A there on Sunday!
SPEX: What a monster move today! I nailed the morning short on it, then took a few small losers before I ended up getting short in the $4s. We’ll see what happens tomorrow but I think we get a morning shove $4.00-$4.20s then fade back all day. I’ll be all over this thing tomorrow on day 3.
MBRX: Sell the news worked out perfectly on this. Dead duck now. All pops risk on $3s to get short in the morning.
NXTD: The new runner of the day. DO NOT UNDERESTIMATE IT. Could easily do $4-$5. If it gets anywhere near those levels I’ll start attacking.
AVEO: Started a swing short on this today and plan on adding more in the coming days. First red day today. Sucker has triggered SSR for 3 days now. Will continue to add pops short using $2.40s as a high. Think this ends BAD.
DRYS: I couldn’t help but cover 1/4 today in the $1.60s… Still think WAY lower. All pops for s/s
CHFS: Another low float runner. Looks like it can have legs. Not looking to get in front of this, but will keep it on watch for when it does start to show signs of death.
Recent Blogs + FREE Webinars:
My Investors Underground Interview
Stock Talks live stream w/ Cody
Setting Stops & Trade Management
Conviction + Sizing + Why 90% Of Traders Fail
Alex, your morning short on SPEX, your risk was based on the prior resistance of 3.80 ? or more due to the intraday parabolic? thanks man! keep up!