TAGG imploding. Next is PWEI, short if you can, its hard, not a lot of shares avaliable. Company is worth more than half a billion dollars and stock is completely worthless. Check out the bearish articles on Seeking Alpha by inifinitials
I'm starting to think FMCN will go through as well. These people are just too insane. If it fails there will be plenty of time to short the stock all the way to $1 and make a nice % return There are SSFs as well so it will be an easy play without shorting restrictions I think thats a better way to play it
OSG didn't report earnings, I think they will pull a DMND. A research firm also said that their ships are overvalued by $1B on their books, a similar number that I conservatively estimated on Seeking Alpha a few weeks back
I only have a very small short on OSG. I might even cover soon, I'm too scared to short big here as the stock is very oversold and there is just not enough info to make sure bets I do have my orders ready to short the shit out of the stock in case they file or are rumored to file(by a reputable source like Bloomberg or Reuters) during the trading hours(full session, not just regular trading)