Odd Stock Watchlist August 2nd 2016

by | Aug 2, 2016

Hey guys, had a crazy day today only got about 1 hour of sleep on my way to Michigan to see the extended family. Awesome swing trade I posted on PTX while mobile on that late day perk on the .66 area, these are the types that really made me, the late day perk with 90% likely hood of an overnight gap and go. Reason for this is if you catch this move day 1 vs. 2 or 3 you are able to just allow it to pan out with a .02 risk or even less sometimes. Nice win for me but didn’t make it into the .90s. Seems like all the shipping turds are having the 1 week out of the year they decide to move so they are my main watch across the board so here is my plan for all of them

PTX – Looking for an obvious 1 rush, might look to short depending on how far it ramps. Really think based on the close that this can do 1.20+ easy. Should have kept some which was plan after selling half in the .74s this am. Overall great win

OMEX – Unreal move it seems and after hours. Nothing I would chase here, but if it can open flat to slight weak would look to scoop some long.

SHIP – 5.50s pull and base for the long. This would actually be one of favorites for tomorrow to get some locates for the short side in case it goes absolutely insane.

EGLE – 2nd Main watch. I will snag some out of the gate almost regardless with a full risk on .35s. This is the biggest turd of the all, but if it gets any push and breaks .50 DO NOT UNDERESTIMATE IT

DRYS –  Exact same plan as EGLE

SINO – Weak open red to green move.

GNK –

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