Watch List for 11/17/17 from Alex

 

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CADC: Had a giant winner on this one. Was looking for a big unwind into close, but instead we got the opposite. I took it off because I didn’t want any headaches coming into tomorrow. I think it was the right thing to do. Looking for a morning jam on $10.00 then will look to fade it. Won’t chase a weak open short on this as its shown it can jump on air.

MRDN: EOD move looks like it might have just been on covers. Will be looking for a morning stuff on $3.00-$3.20 then will short it back down.

OPHC: Hopefully a ramp near $11.00-$12.00 on the morning from patient shorts so we can get a great entry for the fader. Something to keep in mind on all of these is HIT AND RUN on the short side. Patience has not been rewarding lately.

CDTI: Would love to see this ramp near $3.00 tomorrow. It isn’t really a nano float like the others so might not stay up long.

LEDS: No borrow past few days. Really hope some open up for this tomorrow. Would love to start a swing short $8.00-$8.50 on this one, pure sympathy to CHFS which bit the dust today.

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