On Watch 06/24/20 From Dante

 

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

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GNUS: Lot of paper coming to a theater near you here soon, but hoping they can jam it up before Thursday. Maybe a PR tomorrow or Thurs am would be ideal, and perfect world would be looking back short around 4-5ish. We’ll see what they have in store, but this should get annihilated towards the end of the week into next week. Pump her up good first please.

INO: Just getting insane now. Will be a reactive trade here, nothing I want to be shorting into weakness. Would need to see big blowoff move in the morning ideally towards 25+ and that would entice me to try the short. If we don’t get that, will likely ignore and move on until more fireworks.

KTOV: Big win here today, was loaded pre-offering from 1.20s. This one is legitimately hilarious. The Hoodies have graduated from buying anything with a bullshit storyline to now buying anything flat out just “because.” No story here. Worthless pharma name, and they’re slobbering all over it. This market is the best. Anyway, this has more to drop. Warrants involved with the offer today as well. Hoping maybe a little cover party early and jam back towards 1 and then looking to get back involved, final destination here should be 0.60 pretty easily, and then eventually right back where it crawled out of sub 0.50. Godspeed DDTG dip buy clan.

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