Watchlist - 02/05/2018

Selecting Stocks and Analysis

If the markets continue to trend down I may try trading $TVIX. Knowing my luck I’ll be a day late and the $SPY will gap up.


$CAPR

Breakout over $2.29. It broke it during premarket so it seems strong. Lots of buyers and sellers though. Could get stuffed.

FDA grants lead drug CAP-1002 regenerative medicine advanced therapy (RMAT) designation

Float: 13.48M
Short: 11.26%

$IMGN

Watching over $10.00.

Float: 149.55M
Short: 8.08%

$CANN and $POTN

Two OTC stocks that have been bouncing lately. Watching for big panics.

Watchlist Review

Both of the OTCs were a bit choppy and didn’t have a big enough panic for me to try and buy.

$IMGN had a nice dip to $9.50 but was choppy. I waited for it to break $10.00 but it just couldn’t. If it breaks out tomorrow that should work better since having one day or more in between usually helps. I don’t like buying the break of the previous day. It feels like it’s too soon and isn’t meaningful.

$PIRS broke out on barely any volume so I didn’t buy. It went for a bit but I can’t trust it.

The market was a bit stronger this morning but I didn’t really see anything that great.



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.