Watchlist yesterday nailed everything, of course its easy to be right as a short seller when the market cracks down hard and small cap bio’s get wrecked. Pretty slow and lean on the scans today. Just went through days worth of watchlists and EVERYTHING is beat down.
Today’s List: Full list from Yahoo Finance
Can-Fite BioPharma Ltd. (CANF) -NYSE MKT
Up a little pre market, ideally runs a little for a short mid day.
Clean Coal Technologies, Inc. (CCTC) -Other OTC
Still grinding up, easy to get biased on a total POS like this, but I have no real way to set a stop at this point. Hoping it pops to squeeze out shorts and set a risk.
Target: I have an alert in the $1.20’s will ignore until that goes off. Then readjust.
Republic Airways Holdings Inc. (RJET) -NasdaqGS
Everybody hates this and loves shorting it. I interpret this news as pretty solid. I’m sure they will end up screwing it up long term, but right now, I see shorts getting squeezed and bagholders buying more based on this union deal.
Target: Look to get long. Around $5.50 stop on $5.00
Turtle Beach Corporation (HEAR) -NasdaqGM
Big name analyst upgrades and price targets. Smart play is probably to go long. But I just can’t believe in this one. On the flip side its not up enough to make it that interesting as a short.
Target: Basically just a watch to see if it can get crazy. Even if it does today I’ll probably ignore. Hoping to short the backside of a big parabolic. But I doubt it even does much, probably 20 cents one way or the other.
Target: Watching for parabolic