PTIE - 4.8 mil float, 11% short. Former runner, often only goes for 1 day. Awarded a government grant today, imo not the greatest news. Has an ATM offering, no warrants or convertible stock. Plenty baggy on the daily. Closed above vwap, was being propped up all day, and had SSR on but never broke vwap, thinking a good amount of short got in. If continues tomorrow wil look to short into a parabolic move, res at 2.50, 2.75ish-3.00 is resistance area.
BOXL - 2.2 mil float, 12% short according to SQ.com. Former runner, generally goes for 1-2 days. Running in anticipation of tomorrow earnings release. no ATM offering, closest warrants at 7.7, no convertible stock. Got some bagholders from the big moves in may. Unless earnings are huge, will look for a short. Closed above vwap today, will be looking for a continuation tomorrow. Res at 5.50, 6.00, 6.70, 7.40, not that much volume, so would take a short at 6.00, if vol is still low.
TIS - 10 mil float, 20% short according to sq.com. Not really a former runner, but is over-extended atleast in the short-term imo. No news, reported earnings a couple days ago. Has an ATM offering, no warrants, no convertible stock. Very baggy daily chart. Closed above vwap, so potential day 2, but so did monday and next day was weak. But anyway, in case this continues tomorrow, i will be watching, and waiting for a parabolic move to short into, res at 3.00, 3.50, 3.75ish.
Watch the manipulation out there. PTIE had bid prop written all over it. Lots of this in this current market
- T
Join now or log in to leave a comment