On Watch 08/7/18 from Dante

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SEAS: Was a bid all day after the morning profit taking, still unsure the plan here, thinking it might have been someone trying to exploit and pressure the high short interest at about 25% of the float. Can’t imagine who still thinks Seaworld is a great buy after at $5 gap up. Will just be a spectator out of the gate to get a feel, and if it opens strong & fails at that mid 25s area again from today, will watch for the backside short. This belongs lower imo, would like to see it settle closer to 22-23

CHKE: Zombie of the day award here. Thought it was dead & then bidder came into close and blew the top off of it. I wasn’t involved here today so not complaining, and sets is up for a nice play tomorrow. Ideally one more good shove towards those 1.30s, and I’d like to start ss there.

BLNK: This one has shown in the past it can be a major pain in the ass if it wants. Looking at the chart today, I didn’t see any reason that we were able to squeeze everyone out and coast is clear – I think this is still loaded up pretty good with shorts. These guys are known for games too, if there are as many o/n shorts as I think, lets see if they try to PR tmrw am or ramp it pre to put the pressure on them. I’ll be looking to short any morning capitulation move through 5, but if weak open, will probably avoid it.

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See you out there!

– D