Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here.
Curious what it’s like to be a member at Investors Underground? Here’s a tour around the community.
Also we’re running some really great sales right now if you’ve ever been interested in joining IU – now would be a good time to do it. You can have a look at those options here.
SRNE: Pure insanity. The reality here is that it’s not “the short” for a while. It should come down off these levels, but ti’s not going to completely die while we still have phase 2 trial update forward looking and whatever slimy angle they take with this testing kit stuff. Will simply be looking to fade any parabolic moves here tomorrow, into 15 ideally. Just scalps. This is a news headline risk every night, so do not swing in my opinion. They twisted everyone even more a/h today, so ideally wake up to a gap down, open pop, and looking to fade that.
NVAX: Just absurd after hours today. So incredibly shady. I think most who got caught shorting the initial dump were squeezed out/left on the way back up, so I would be very interested in the short if we get a little more follow through tomorrow. Any gap up 180+ we’re likely looking at a 200 magnet, so eyeing to start a short around that level should we get it.
SINT: Eyeing this one for any good push back towards mid 3s and would love to short it. Weak open will ignore, but this one is really stupid and no reason gravity shouldn’t take over very soon.
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
Much appreciated D! SINT is a good one on the watchlist!
Hi Dante. On SRNE, how do you know still have phase 2 trial update forward looking ? Where do you look up that info? On the filings, news(Scanz platform?).
Just follow it in the news. They recently got approved to start their Phase 2 trial, so the next logical step is to give us an update of “how well” it’s going to give shorts a hard time first. Just like out of the $INO playbook.
thx