Watchlist for 11-25-2015 – $VLTC, $STRP, $SUNE, $PBMD,

Today’s Watchlist

Going to take it easy today, I’ll only trade prime setups. Plan on taking off at noon, I’d also like to take the time this morning to review another chapter of Tim Grittani’s DVD, Trading Tickers.

Today’s List: Full list from Yahoo Finance

Voltari Corporation (VLTC) -NasdaqCM

Very crowded short and day before thanksgiving, I’d like to short it, but its gotta get real crazy for me to get interested.

Good lesson here, I didnt cover the wash yesterday because I “wanted more” ended up letting it grind back to around even after having a nice profit. BUT I covered according to my plan, what happened a few minutes later, it spiked hard into a “hit piece”. Then the other rule I follow is NEVER HOLD A LOW FLOATER SHORT OVERNIGHT. This one is iron clad, and saved me all kinds of stress.

Looking for this to squeeze out everyone that does not follow that rule and comes in this morning, sees it at $11-12 and pukes onto their laptop.

Target: $11+-$12

VLTC

Straight Path Communications Inc. (STRP) -NYSE MKT

I’m no “buy the bounce” guy, but this is sooo beat down, relatively low float and it’s the day before Thanksgiving. Will watch.

Target: Pullbacks to $8’s

STRP

SunEdison, Inc. (SUNE) -NYSE

Traded this ok in hindsight yesterday. As of yesterday I thought I really botched it, after hours big spike. But its weak today. I’m still long bias though.

Target: Pullbacks to $3.50’s

SUNE

Prima Biomed Ltd. (PBMD) -NasdaqGM

Watching the breakout, but only on volume.

Target: Breakout over $1.40

PBMD