Watchlist 3/24/2014 – $MNGA, $ISR, $PEIX, $ASTM

Today’s pic is the bane of my existence. I try as much as possible to take the middle of the day off and do some thinking and get in some moderate exercise.


Lot of missed trades from Friday, I should have done a recap then. Ended up missing the last couple hours of the day to record a podcast with a buddy. By the time I got back I flat out just forgot to do a trading recap. I’ll be back this afternoon.

Today’s List: Full list from Yahoo Finance

Magnegas Corporation (MNGA) -NasdaqCM

I did not realize this fought all the way back at the end of the day! I had assumed this play would be dead by today. Almost shorted a couple times Friday morning, but ended up skipping. There were for sure long and short opportunities both. Be nice to see some crazy spike today to short into later in the day.


IsoRay, Inc. (ISR) -NYSE MKT

This one is probably done for for me. While there is still some downside the easy short is over with. I mainly added it to watch just as a reminder to check in on it at the end of the day to see where its at.


Pacific Ethanol, Inc. (PEIX) -NasdaqCM

A little too high priced for me, plus it’s such a slow mover. My thoughts are its a complete POS, but I’m really struggling with picking an entry. Usually when its not clear to me its best to just avoid.


Aastrom Biosciences, Inc. (ASTM) -NasdaqCM

Annoyed at myself, I swore I almost shorted this Friday, but I see this ticker no where in my notes/tradelog. Looks like it was a solid short in the morning, then like most pennystock shit burgers had a late day short squeeze into the close. Lesson for newbs, its very dangerous to hold shorts into the close on Friday’s, the almost always squeeze.