Watch List for 10/23/17 from Alex

 

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DGLY: My main winner on Friday. Unfortunately I wasn’t patient due to the recent market environment so i missed about an extra $0.35/share .. regardless looking to join pops risk on $3.20s for continued slide lower.

ENRJ: Another solid winner from Friday, but just like DGLY I missed a ton of the move by not being patient enough. Hopefully another fluff PR in the morning to get this thing to gap off and be sold off into again Ideally toward $0.65-$0.75.

SRAX: Starting to find a bid. Not too interested in the short play unless we have a big morning jam on $6.00 .. this sucker trades pretty thin so no point of stepping in front of a train. Will be patient and look for an entry accordingly.

TRXC: I do not think shorts are stuck in this anymore. Most of them got bailed out on the move toward $3. Also, the borrow is pretty hard to come by. Its blocked at 2 big clearing firms. Which means it wont get over saturated with shorts any time soon. This stock has massive warrant coverage and needs to sell a boat load before the end of the month so they don’t expire worthless. All pops a short (if you can find a borrow) until the end of the month. Until then, I don’t see a reason for this to sustain a bounce.

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