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CVM: Gettin there…this one been on watch for $7.50 for us for a while now..almost there. This is a super cult name and seems destined for a blowout day through the daily spot as previously stated, looks like it may be tomorrow. Watch for more volume to come in like today and look for any parabolic through 7.50 towards 8 and that’s likely the ideal short entry.
Also the website killcvmshorts.com is just pure gold. Below is one of my favorite bits from it.
HE BOUGHT 2000 shares! WOULD HE DO THAT IF THERE WAS AN OFFERING COMING? NOPE. NOPE!!!!!!!!!! DUH! 🙂 #Study
PINS: This seems to finally be “off the radar” for most, and may be in for a continued multi-day fade. Watching tomorrow to short pops vs. a 29 risk.
ZYNE: Same deal here, looking to short pops tomorrow vs. a 13-13.30 risk area. No catalyst until the end of the month, and really no reason for the perma-bid to continue, for right now. I expect some sell off next two weeks.
Shoot me a message anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss your trade ideas with you. If you’re not an IU member and would like to become one, you can join us here.
See you out there!
– D
Hey Dante – thanks for this – good stuff! I’ve been watching ZYNE. Q. What did you mean by ‘perma bid’? Haven’t heard that before… tks