Watchlist 3-21-2014 – $ISR, $MNGA, $BIOF

Small and mediocre list today. While all three of these will most likely pan out as shorts, I don’t think any of them will be solid today. More like next week.

Today’s List: Full list from Yahoo Finance

IsoRay, Inc. (ISR) -NYSE MKT

I shorted small size the other day and have held on with a death grip. My price is ok, but I was mainly entered because I saw shares evaporating at $IBKR. I think this ends up a good short, but who knows it may take WEEKS, which I despise, I hate looking at the some ticker day after day.

Everybody in the world is short this, so it may hold up a long time. And any follow up news could really spike it, VERY dangerous short.

ISR

Magnegas Corporation (MNGA) -NasdaqCM

I had this on watch as a short the other day and it played out nicely. I never shorted it, I can’t remember if I was watching other things or if there were no shares. Today there are borrows and its spiking on a Seeking Alpha article. I just entered an order a minute ago and chose to cancel it. I will be watching this closely into the open though.

MNGA

BioFuel Energy Corp. (BIOF) -NasdaqCM

I’m perennially short biased on all these shitty alternative fuel companies, this had a nice close and I almost took it long overnight. Now I’ll look to short into any spikes.

BIOF

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