Momentum/technical and trend trader. Mostly day and swing trading. Main focus are stock/options & my ideas are not recommendations to buy/sell! Do your own DD
$CMPS The spread isn’t as ideal but once it goes past $55 things will get better. Goin to swing into next week. Want break of $55 and $60s ideally after that with risk management plan.
$MTSL Got me a stock position, with all low floaters running on scanners, this hasn’t made a huge run yet so goin to hold. Will add on dips, It is on scanners now so next week should get some attention.
$VERU Besides the recent "COVID-19 respiratory failure" treatment + results from P2 and P3 to start in April, they're also working on cancer drug & update on P3 should come out soon. Below is old PR but outlines expectations
When the market is down, I try and find something with potential that’s beat up and down due to red market, get a “long” position or leap calls. Once markets recover, they will pay nicely.
$VERU Offering was done at $15.50, they now have $100 million in proceeds, this will help them with their P3 trials & R&D.
support around $15, adding March 19th $20 calls & long term stock position on dips. Should see a bounce upon offering closure soon.
$SOLO here is the 13G filing disclosing 7.2% ownership of company shares by Invesco Capital Management filed yesterday with SEC
https://t.co/TTwmLm4eDD