Nothing great to report from yesterday. I need to adapt to the holiday week, shorting is pretty tough on weeks like this. And I knew this, should not have needed all day yesterday to convince me of it. I’m still short bias of course, but going to look to buy some dips on some of this crazy low floaters. And while I was not overly patient with WTW and ZIOP yesterday I’ll have even less patience if a trade doesn’t work pretty quickly.
Today’s List: Full list from Yahoo Finance
Anavex Life Sciences Corp. (AVXL) -NasdaqCM
Short pops into the low $6’s and mid $6’s.
KaloBios Pharmaceuticals, Inc. (KBIO) -NasdaqGM
Aeterna Zentaris Inc. (AEZS) -NasdaqCM
Macrocure Ltd. (MCUR) -NasdaqGM
Genetic Technologies Limited (GENE) -NasdaqCM
All of these are low float runners, same idea for all of them. Will look to buy dips or short crazy spikes. But much more long bias on these with the holiday week. They are all junk and will fail, most likely not until next week.