Watch List for 10/24/17 from Alex

 

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SNES: Caught a really nice late day unwind on this name. Covered near dead bottom on it. Was hoping it would squeeze into the close and offer another opportunity in the morning and thats exactly what we got. Looking to short all pops risking $3.50 tomorrow. Hopefully doesn’t gap down. That would be a total buzz kill.

HTGM: Showed some strength late day as well. In a perfect world we get a gap up and shove $3.50-$4.00 for the short play. REALLY hope this holds up in the morning and catches some legs. Should be a good one if it does.

EVOK: No clue what the hell happened here this morning. I had a partial starter short in the $4s which I covered in the $3.70s and thought it was a decent winner. Few minutes later were testing $2.80s … weird … Hopefully a pop on SSR tomorrow near $3.50 to get short into. Would not chase a weak open here.

TRXC: Same pump, different day. I see absolutely no reason for a long on this stock ESPECIALLY with the borrow being so tough to get (not many shorts stuck).. They have plenty to sell until the end of the month, until then, every “relief bounce” is a short in my eyes if you can get the borrow.

SNAP: Looking to re enter a swing short here. All pops risk on $16.00 for the short.

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