NKTR really nice day yesterday. Big volume drop from Monday and will probably trade a lot less today as well. I’ll be cautious not to overtrade this one as it will likely get choppy and have a wider spread, less predictable. Still a main watch but not expecting as much as last 2 days.
PTRA this stock just got absolutely destroyed yesterday and is still gapping down 10%+ this morning. I have a feeling this one gets accumulated down here and has a nice BK move at some point. Doesn’t mean it will be today but it will have to be soon if it does happen as they’re being delisted next week. Could just stay dead but watching for higher lows with bid strength.
GMBL is an interesting one, down from $1 to 0.23 in less than a month and has a smallish float at 13M. Will be watching this one for dip buys if strong after open. Would be better if it had a positive catalyst for this move but might just a small dead cat bounce fueled by short covering etc.
SPRC looks like the volatile, potentially crazy runner this morning. Still a ways to go before open, won’t touch this in premarket but if it opens under a buck will be looking for dips only, will not chase strength on something like this.
CGC watching for continuation with the other weed stocks, didn’t really love how it traded yesterday but if that sector picks up some momentum it would be the one I would trade.
ATNF the last one I’m watching this morning, gapped all the way up to $1.60 on no news and has faded all the way back to $1. I love trading the 0.80-1.00 price range so will be watching if it drops a bit more at open.
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