Watch List for 5/2/17 from Alex

 

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MTBC: Well shit. Hindsight thinking now but when the company issues a PR everyday for 3 days straight it means that they know exactly whats going on and they have complete control of it. It was a clean daily breakout at $2.20s which would’ve been a solid long, but I just can’t bring myself to long pigs like this. There is big money in it, I have to get better at it. I lost today on this. SSR helped a lot today imo and is off tomorrow so lets see what happens. 4x float rotation today too. I truly don’t know what to expect in the morning. A push above $3 can send it to $5 easily. I don’t think I’ll long it, but ill be watching to see how she trades with SSR off. This stock mentally drained me, and reality is I have to see how it reacts in the morning before making a judgment call on it. Hate starting the month with a red day, but hopeful with whats to come.

CCCR: Feels like this is a MTBC sympathy. Held up pretty decent today. Maybe if MTBC fizzles off in the morning this will catch some momentum. Or, If MTBC snaps this may follow. All depends on how MTBC trades in the morning. Not in a rush to short it. Patience will be key.

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