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CVM: sick run last few days, appears to be done now, pretty convincing seller this afternoon. Hope is for an open jam into 7 and look to short pops on failed follow thru from there mid-high 6s with a 7 o/u stop.
CCNI: Super thin, not quite sure what they’re doing with this yet, and not ideal volume at all, but at the same time that means if shorts have to bail, this could rocket. Pretty clear guide on a long try if weak open with 5 o/u risk. Should it hold again and hang around tomorrow, could spell trouble. Not my type of trade but just making others aware if you like the anticipation trades. Perfect world it attracts a chatroom or two with the tiny float size.
RIOT: Finally dying, always surprises me how long it takes, but this has a long way to fade yet when the dreamers stop buying it considering its legitimately almost worthless as a company. This trade probably starts to get boring now, but it’s a good bet for a short swing.
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
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