Recap for February 3rd
After a full dry month, I finally entered a trade on $AMLH. This stock is a paid promo by StockTips, a group of promoters that manages to give some traction to their promoted stocks; we are now around the end of the 2nd week of the promo, which is usually they push these worthless stocks. This is a currently open position that I am holding over night and possibly for the next couple of days depending on how it behaves; I’ll do a full trade review once I close the position.
As for my other picks, $IMRS was up about 10%, I’ll probably be watching it a bit more, $CLRX did spike but I missed the trade and I’ll still consider it as a potential short for tomorrow, $YOD downtrended all day in spite of the contract, $MILL had a bit of morning spike but faded throughout the day, $HIHO did nothing worth mentioning
Today’s Watchlist
Potential Shorts
| $YOD | ATR | Risk/Reward | Rating | Goal |
| 0.187 | 1:2 | ★★ | $0.2-0.4/sh | |
| Notes | ||||
| Contract winner with fox, big fade after initial spike, little opportunity for a bounce. This stock may bounce today and be a potential short if it goes back to its previous lows after a spike. | ||||
| Concerns | ||||
| Given the movement of this stock over the last couple of days, the bounce may not have enough momentum to warrant a good short. | ||||
| $GENE | ATR | Risk/Reward | Rating | Goal |
| 0.597 | 1:2 | ★★ | $0.4-0.5/sh | |
| Notes | ||||
| Biotech, news of product being used in Cancer centers, big overextended spikes on good news, potential shorts on these spikes. | ||||
| Concerns | ||||
| Pay attention to the price movement and the volume, this can go either way. | ||||
| $CLRX | ATR | Risk/Reward | Rating | Goal |
| 0.208 | 1:3 | ★★ | $0.3-0.5/sh | |
| Notes | ||||
| No news or catalyst that I could find over the last week, yet the stock has gone up 100% on the last 5 days. This ticker seems to be way over extended and may pop soon. | ||||
| Concerns | ||||
| The price may keep on rising, be prepared to take a small loss if shorting on a squeeze. | ||||
| $IMRS | ATR | Risk/Reward | Rating | Goal |
| 0.104 | 1:3 | ★★ | $0.3-0.4/sh | |
| Notes | ||||
| This stock finally started dropping yesterday, I’m expecting it keep on going down as it was up without any significant news or catalyst over the last week. | ||||
| Concerns | ||||
| No shorts available at IB . | ||||
| $AMLH | ATR | Risk/Reward | Rating | Goal |
| 0.0556 | 1:4 | ★★★ | $0.08-0.12/sh | |
| Notes | ||||
| Disclaimer: I currently have an open position in this stock – This is a paid pump either very near to end or ending it’s promo run very soon (or so I am secretly hoping), lots of shares available at IB on the 3rd of Feb, less chances of getting a forced buyin, can possibly hold longer. | ||||
| Concerns | ||||
| If the promo continues it may spike a bit, though it is improbable as it has been downtrending since the promo has started. Low priced stock, low trading volume over the last couple of days. | ||||
Potential Buys
No potential buys aside from possible the bounces on $YOD and $GENE on bounces as explained above.
Compressed List
$YOD $GENE $IMRS $CLRX $AMLH