Watch List for 4/12/17 from Alex

 

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Was an absolute pleasure to do an IU interview! Be sure to check out the blog and interview: investorsunderground.com/s/dCWh6/

 

Short and sweet watch list tonight. Hopefully more action in the morning.

 

DRYS: Already smoked. I think buyers have finally understood how toxic this company is. No real bounce today… until the dividend PR after hours… They really are desperate now. Ideally one more push on $2 before more unwind. Highly doubt this thing holds on UNTIL Kalani is done selling, which shouldn’t be for another few WEEKS.

NADL: Big trap today. Wouldn’t be surprised to see this $4+ in the morning. That being said, I’m in no no rush to short tomorrow unless we see something like a $4.50+ para.

UVXY: Thinking there will be at least one more shot to short this thing tomorrow morning. All depends on SPY though. When it finally does do a real reversal the premium should come right out. Thats the edge here.

BLTO: OTC pump like ZENO. Will watch it for the tank day tomorrow.

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