Monday, October 12, 2015

Happy Columbus Day


Good morning folks,
Hope you had a great weekend! It was a bit of a nail biter for me but the Browns pulled off a big psychological win beating the Baltimore Ravens for the first time in their house in over 8 years. It wasn't pretty but they found a way to win. 

I love the underdogs > I have always been that way. That attitude has carried over into my investing personality. I love finding the undiscovered gems, or the hated stocks that no one likes that have great stories, good growth, awesome new products or strong management. Little companies like EKSO, WYY, APDN, MNGA, NBY, these have all been winners but they are also extremely speculative and you need to be nimble enough to navigate around the volatility. I recognize these stocks for what they are and adjust my risk accordingly. Sometimes they are just pure lottery tickets knowing that I may hit it big but there is also a strong possibility the ticket is worth nothing. Know why you are taking a trade and what your risk is before you ever enter a trade. 

Keep an eye on Gold, Oil and the Dollar strength today. Remember what I said in the video about a gap up in the markets today. Do Not chase anything let the market settle a bit before getting involved. 

This weeks Video 
http://www.screencast.com/t/rItllw5A9Q


Stocks on my radar premarket


Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity .
06:30:34am
10/12/15
Aura Announces $2.5M Milestone Payment From Egalet
These are two tiny floaters and low floaters can go on some crazy rides> ACUR has a tendency to be a pop and flopper and EGLT could be in a bounce spot Look for some real relative volume do not chase either one both companies have negative cash flow 
07:21:05am
10/12/15
Can-Fite BioPharma +9.5% Premarket on Announcement of EMA Orphan Designation for CF102
lots of eyeballs on this one don't chase it orphan designation is nice but its still phase 2 long way to go before they make any money but could set up for a nice day trade> candles on the daily are sloppy 
04:10:44pm
10/09/15
13G Filing: The Baupost Group Reports 17.17% Stake In Orexigen Therapeutics
Clear primary downtrend lil gap premarket could get a 3 roll big short interest in this name could squeeze but wait for a setup
ROVI no recent news but there was a real nice insider buy back in September for 10.84 a share 450k of them. Like the way its been trading in this range on the daily more of a swing trade 10 would be my ideal entry but I may start to scale in  




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