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?

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