Short and sweet tonight. I’m not a fan of being short over the weekend so I’m not aggressively looking to short anything.
TRX, Inc. (TRXI): Nice big two day move on no news and fade after morning spike today. Would be a short on green/red action but it is lower volume and lower-priced so I will likely not trade it.
Newcastle Investment Corp. (NCT): Nice move today and after hours it broke multi-month resistance at $1.25. A buy if it breaks $1.25 during regular trading although if it gaps up it will be much riskier.
Craft Brewers Alliance, Inc. (HOOK): Beautiful move today. I almost bought it but instead bought TPI as it was a late hit to the pre-leader list; I was scared off because of lower volume.
GRRF: Arggh. (No reason, just wanted to say that; too low of volume to interest me.)
Tucows Inc. (TCX): Way lower volume so it doesn’t interest me too much, but that is a nice breakout on big volume relative to what it normally trades with.
Disclosure: No positions. I have a disclosure policy.