Watch List for 5/9/17 from Alex

 

Investors Underground Tax Back [SALE]: https://investorsunderground.com/s/mrR5n

Was an absolute pleasure to do an IU interview! Be sure to check out the blog and interview: investorsunderground.com/s/dCWh6/

 

FNBC: What a gift $0.40s were today!! Managed to catch a decent short with a $0.37s avg and was patient on about 1/4 of it. Can’t complain. Nice winner on a slower day. Highly doubt it, but another pop near $0.35-$0.40s would be ideal in the morning for a short.

INPX: SSR + Low float day 1 is an AVOID with size. That should be a rule on everyones desk. I didn’t even care for it until it started to act premature in the $4.20s a little after 2pm. I caught a few small scalps on it for about $0.20/share each time. Shorting when everyone was chasing and covering when longs were freaking out. Never anything of size. Started to unwind after hours, didn’t see news. Ideally we get a push near $6 in the morning for a short, but I wont be afraid to short weakness and add into a winner using todays highs as a guide. All depends on the morning action.

CLNT: Solid gap after hours. Float is too small on this to want a short but other China names that ran with it last time CCCR SSKN might be in play in the morning.

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1 Comment

  1. Thank you for your guidance, I really liked the idea of the quick learning point followed by the scan. Points like the one you gave in INPX help shape my trading education.

    Reply

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