Potential Shorts:
RVEP —surged 45% on news of a private placement slightly higher than the stock price…nice bottom in the $10 range, look to short on further strength
GBT —would love to short into more strength on th
is bounce, but not yet…
THC —extreme liquidity, should run into a ton of resistance in the $6 area, could be good for a quick 50 cents on the downside
SEAC —solid earnings, but lots of bitter shareholders
USBE —inevitable bounce into an incredibly bearish chart, bitter shareholders
AVR —same thing as USBE
NANO —same thing as GBT
DHI —perfectly downtrending chart, c’mon strength!
NTCT —same thing as GBT and NANO
NBIX —nice bottom, but it’s come far fast
ABH —nice spike, want more strength before I short
Potential Longs:
SLT —nice breakout of $26, but already $1 off its highs
SIRI —great multi-month breakout, moves too slowly for me though
POCC —owns a piece of RVEP, but it’s a nice breakout of $2
EDA —nice strong volume breakout, moves too slowly usually
DCGN —breaking out of recent highs, lots of news surrounding their $1,000 DNA test
No positions in any of these….yet
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