Watch List for 8/9/17 from Alex

 

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TEVA: Still endless sellers showing up here. We might be in for $15s near term. Watching all pops risk on $19.

DRYS: Same shit, different day. 4 times now the stock has rejected $1.50. Still ~$30M to sell. So many clowns on twitter buying thinking the dilution is done. I’m 100% certain it won’t be done for another 2 weeks AT LEAST. All pops for the short BUT need to work around a core for this. Cover $1.30s re short $1.50s etc etc. I see no reason to exit the trade yet. This is just amateurs who chase the low covering the high. I will continue to take advantage of them.

VRX: Pretty big unwind today. Looking for continuation tomorrow. Would love an opening jam near $16 to get short. Not afraid to chase weakness with smaller size on this one.

W: Finally looking like its gonna come in. Will use pops risking $77s

WTW: Non stop on this one. Crazy market were in. Looking for a push on $47, rejection of todays highs and then will join pops for the backside short.

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