Main two watches this morning are GIS and BBBY, hoping to find a good spot to short GIS, on BBBY its pretty beaten down, its either going to 21, or 25+ be careful shorting it too early, it could easily put in a 2-3 buck up move even after terrible news.
HTGM is a patent on cancer technology anything having to do with cancer usually pops could see it going to 3.
Three trades today First off BBBY, once it created resistance at 23.50 and couldnt get through it after like three or four attempts i thought to myself its got to be a short now, unfortunately i didnt take much at 23.10 and i cut it in half cause it looked like it might pop off the open, took some more at .85, then .66, then just started bailing on it, overall only made 400 bucks on it, could have done alot better but it just seemed like a super sketchy chart i was just anxious too do something after 3 days of nothing. I would be real careful about shorting this thing this afternoon seems like its turning into a big bear trap i probably wont touch it the rest of the day, just a hit and run type of trade.
Next up HTGM, this was a long shot, but it had to do with cancer, and any time there is a headline with cancer in it, it can go crazy, again i was playing it safe bought it at 2.20, then started selling it almost immediately, and it just fizzled on me. Made 200 bucks on it, but again was playing it super safe tiny size.
Last but not least is FOLD, made 80 bucks on it, just a small position again, looks like i blew it on this one, but i saw it try breaking 14.50 twice and i really didnt feel like pissing away money in this thing. Overall up 680
No clue but lots of stocks making moves like that lately, just blowing the top off, FOLD has a similar looking daily.