Watch List for 4/21/17 from Alex

 

Investors Underground Tax Back [SALE]: https://investorsunderground.com/s/mrR5n

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

 

Popped in the Traders Lounge today to answer some questions and give my thoughts on some trades. Will try do do that more often. Just need more screen real estate first lol. I have way too many things open at all times and barely any room for it. ANYWAYS!

 

IMNP: Pretty big winner for me today. For the past few days these runners like CBLI IDXG SNGX have just been trapping shorts. But today was different. I think a bunch of people wanted IMNP to be the next runner and chased it right at the open because of FOMO. When the bottom fell out I’m sure most added thinking a mid day squeeze or EOD squeeze was coming. Instead every bounce was sold into hard. EXTREMELY long crowded. I held some short overnight. Thinking offering or gap down, not afraid to add into $3.80-$4 tomorrow morning. Company is toxic. What an opportunity!

CBLI: Unwind into close. Hopefully one more pop in the morning near $4.75-$5 to get in. But I doubt it. Likely fades off slowly now that momentum is shot.

NADL: Exactly what I wanted from yesterdays watch list. Too bad IMNP took most of my attention instead. I ended up scalping this one unfortunately. Watching a push on $3 tomorrow to get short into. Don’t wanna chase weakness on this. Seemed like lots of absorbing today.

FIZZ: Red day. Lets see if it has some continuation tomorrow.

DRYS: Same shit different day, if you don’t know my plan on this then you don’t know who I am LOL.

 

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