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IMRN: Ideally open shove into 5 area for the re short, may be wishful thinking though.
APRN: One of the shittiest companies on the street. Classic reverse split bullshit news dance here, ends horribly but don’t underestimate it near term, expecting more games tomorrow, hope we get another day of running shorts over for more opportunity. I think if gets & stays over 11 tomorrow we’ll get another nice jam and offer some decent long trades. NOT one to short into and add. Careful while the spotlight still on it.
CAPR: Weak open 5.60s that holds may create a problem. Feel like there could be a decent amount still swinging this short, and if it creeps back high 6s it could really get going again. Strange action with all that volume followed by a day of absolutely nothing. Not interested short unless sub 5.50 or way higher 8+. Have to see what it looks like early to get a better read.
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See you out there!
– D
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