I’m keeping it short tonight. Not a ton of great things to watch and I was way late getting home after traveling this weekend.
OPXA – positive drug news sent this up from $0.50 to $2.01 Friday. I don’t think it is that great, but I’ll let the price action determine the move. Either way, this should be volatile
SPDE – same deal, up from $0.85 to $3.11, this time on news of a new solid state hard drive (SSD). I am even more negative on this company and will look to short on green to red action.
Tight stops on both stocks would make sense, especially for shorting. Both still have tiny market caps and are very low float.
Disclosure: No positions. I have a disclosure policy.