Watchlist for December 22nd

Not much here. I hope someone profited from MTEX as a short today, from yesterday’s watchlist. It was down 20% today, fading gradually throughout the day.

AMFI – Short hard on red, potential long on red/green. This thing is still likely to go bankrupt and even after a 100% run in two days it remains priced for bankruptcy.

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

0 thoughts on “Watchlist for December 22nd”

    1. Glad to hear it, Randy! I’ve been busy putting last minute touches on my DVD so I haven’t been trading much. Otherwise I would’ve been annoyed that I missed it.

  1. Todays IFNY’s break out was nice and very predictable as was on preopening news, I didnt got in when Tim wrote about it, but when i did check it this morning it was clear that it was going to move up, and the gap wasnt huge at all so had a lot of space to grow, the thing is that is difficult to find and exit point with a company in historic highs…I fell temtep to close but on any news it could keep going up, any idea about exit points on shares like this one?

  2. QELP looks to be one to hold if you like watching slow fades with low volume, I like them when I can watch properly.

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