If you haven’t seen already Investors Underground is having a pretty good sale on memberships and DVDs. Check it out if you’re on the fence about becoming a member: investorsunderground.com/s/PZZ1J
CBIO: Low float madness is AWESOME! I tried getting short near $17 but I couldn’t get the locate. Unfortunately it ran out again early. Hopefully something else pops up tomorrow morning to take the attention off this and we can get a solid all day fade like APOP. If not and there is still attention on this don’t underestimate it. It can keep going.
DFFN: Ramp, then looked toast near $3.60s and then rip into close. I guess many people were just expecting it to die like GBR did and were caught off guard. Ideally $5.25-$5.50 in the morning for a fade back down to reality.
SNAP: Finally looking like it has a reason to sell off. All pops = short for a swing imo. I unfortunately took it off radar today with all the low floats running, but will make sure to have it as a top watch in the morning.
UVXY: INCREDIBLE!!! Another big day thanks to this on the short side. Market stabilizing = UVXY losing all premium. As long as market keeps going I’ll continue to short this.
HTGM: Any and all pops for a swing short. Shelf announced today. Likely continues to fade off when no is looking.
Recent Blogs + FREE Webinars:
Setting Stops & Trade Management
Conviction + Sizing + Why 90% Of Traders Fail
Q/A Session + Trading Strategy