Webinar Replay w/ Alex: If you haven’t checked it out yet, please watch the webinar I did with Alex, a lot of good info in there for traders of all levels, and some background about my story and who I am. Watch here.
Webinar #2 here.
Webinar #3: Here
There’s also a special sale going on for those interested in getting involved with IU, which you can find here.
DRYS: Shipper madness is back?! Unlikely. Although there was some awesome volume & range on this thing today – basically due to a Forbes article claiming DRYS is worth $8 share because that’s what their fleet is valued at. Kind of silly if you ask me, but people sure bought it. And the known short bias on this name – it can continue to go. I don’t have an immediate short bias, but will be eyeing it if an open push tomorrow fails under the previous highs.
PTCT: News today seemed pretty uneventful, therefore negative imo. They need to provide a lot more info to the FDA re: efficacy on their DMD drug, which I doubt they’ll be able to do. This name too has a high short bias and may stick around & squeeze for a bit, but I ultimately expect it to go lower. Watching pops on any failed follow thru tomorrow.
ATOS: What an awesome one today…didn’t get entries right out of the halt, but had some solid ones nonetheless and rode it down all the way to the mid .80s – great trade, my whole group absolutely nailed this. No reason it shouldn’t end up right back where it came from around 50c or lower – so eyes on this one to follow through lower tomorrow – plus longs from the volume day yest are bagged pretty good now – no buyers in sight today. Will short all meaningful pops rest of week.
BONT: Really a shame this afternoon – I never shorted any, we were praying it held up and planned to attack tomorrow. Such is life – still probably a decent play here, watching all pops into the $1 area tomorrow for a short.
If you’re not an IU member and would like to become one, there’s still a sale going on here, along with the webinar sale posted at the top. I highly recommend getting the DVDs – they truly are where I learned most of what I know, and the most significant piece of education I was able to draw from early on in my trading career. If you’ve read my blog or know anything about me, you know I’m not a bullshitter – so I really mean that about Nate’s DVDs. They helped me tremendously. Also If you’d prefer a shorter time commitment to see if you like IU, you can go monthly as well here.Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.
See you out there!
– D
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