Watchlist for 5-5-2016 – $PRGN, $SYNC, $MITK, $LGCY, $EBIO, $GRWC, $RYAM

Today’s Watchlist

Another solid all day hold yesterday, nothing great but solid trade. Annoying that I had planned to hold right up until the close but had to leave early. Of course the stock cracked right after I left oh well.

$RYAM Wanted to hold out for blood, but just remembered I have a meeting at 4PM, I'll hug my gains here.

A photo posted by Timothy C. Bohen (@tbohen) on

Today’s List: Full list from Yahoo Finance

Paragon Shipping Inc. (PRGN) -NasdaqCM

Choppy, nothing interesting to me yesterday still waiting for a REAL short squeeze, otherwise I’ll ignore.

PRGN

Synacor, Inc. (SYNC) -NasdaqGM

Not really sure on the news, up huge after hours, will reassess after the open. I’m short bias because this is a longtime POS, but I don’t have any sort of plan until I see it trade today.

SYNC

Mitek Systems, Inc. (MITK) -NasdaqCM

Looking to short a fade under $8, with stop at $8ish.

MITK

Legacy Reserves LP (LGCY) -NasdaqGS

Up big on earnings release, though at a cursory look earnings are bad, watching for this to run then fade back.

LGCY

Eleven Biotherapeutics, Inc. (EBIO) -NasdaqGM

Hoping for one more pop to get short into. $1.30’s-$1.40’s

EBIO

Grow Condos, Inc. (GRWC) -Other OTC

This showed up on scans for several days but I basically ignored it. First red day yesterday that I missed, will watch closely for a fade/crack.

GRWC

Rayonier Advanced Materials Inc. (RYAM) -NYSE

Only covered this because I had to leave, in hindsight probably would have been a very solid swing short, but I wanted to book gains and not have to think about it overnight. Will watch pops or fades under $13.00.

RYAM