Travel day on Friday so no trades, looks like I missed some solid action on $ITEK. Glad to see more true POS pennystocks in play, while I was green last week it was annoying trading $GPRO, $FIT, $PYPL etc. Every stock on watch today is a POS. Thats how I like it!
Today’s List: Full list from Yahoo Finance
Inotek Pharmaceuticals Corporation (ITEK) -NasdaqGM
Though I’m sure plenty will make money I’m going to try and avoid this out of the gate. Ideally it squeezes first thing, then fades all day. Will devise a plan to try and set risk on a HOD type setup.
Target: Fade after spike to new highs.
Solar3D, Inc. (SLTD) -NasdaqCM
Watching for a spike to get short into, ideally squeezes out weekend shorts.
Target: SS @ $4.20 with a risk on $4.50
Calithera Biosciences, Inc. (CALA) -NasdaqGS
Target: Looking to short spikes with risk on $10
Rainbow Coral Corp. (RBCC) -Other OTC
Illiquid OTC stock, but how can you NOT want to short an aquarium coral company that has moved into some sort of bio 3D printing blah blah, and is up like 600%!?!?
NTELOS Holdings Corp. (NTLS) -NasdaqGS
Target: Short pops with risk on Friday’s high.
Voltari Corporation (VLTC) -NasdaqCM
Last on my watch list on purpose, I try to ignore these types because “everybody” is watching it. Mainly keeping on radar.
Target: Pop’s to $8.50 risk on $9.00