Watchlist - 10/09/2017

Selecting Stocks and Analysis


$LINU

Tripled intraday on Friday. Still on watch for another move. I see no news on it so I have no clue why it ran. There were tons of opportunites on it to make money but I skipped it to try shorting $SNCR. Earnings comes out today according to thinkorswim.

Float: 7.72M
Short: 6.31%

$ITEK

Spiked pretty big on Friday so it’s on watch again for similar price action. This could be the back side of the move since it failed to make a new high.

Float: 26.56M
Short: 8.59%

$BLDP

Watching for a breakout over $5.25. It got up to $5.35 premarket but rejected sharply. Potential resistance up near $6.00.

Float: 158.66M
Short: 1.96%

$MNKD

Starting to spike up again premarket. It’s up a crazy amount now so now sure if I will consider buying or not.

Float: 74.72M
Short: 31.07%

Watchlist Review (1:00 PM)

I didn’t see anything I liked today. Volume felt kind of low on everything I was watching except $HMNY which is just an insane stock.

$LINU

Decent spike out of the gate. Missed it but it ended up being choppy.

$ITEK

Did nothing.

$BLDP

Spiked then sold off. Looked like it was going to crack more near 9:45 AM but spiked in a choppy way.

$MNKD

Panic right out of the gate. The double bottom would have worked nicely but volume was fading. Low volume the rest of the day.

$CLNT (not on the list)

Massive spike at the open that I was not prepared for. An entry near 9:37 AM would have worked perfectly. Float on this is 1.38M which is super tiny and it traded 9.5x its volume so far today. Every spike has failed in the past so I just wasn’t interested in watching it. It sold off a bit after the huge spike but it’s holding most of it.

$AMD (not on the list)

No volume premarket so I ignored it. Had a small spike that sold off then spiked nearly 60c a share.

$HMNY (not on the list)

Every single day it spikes more and more. I just don’t feel comfortable buying it because if you get caught near the top it sells off 0.50c to $1 instantly.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.