For DRYS, there is not much catalyst news after the class action, the price is currently 1.39 with supporting line on 1.1. In the follwoing, it seems a wall of sale accoridng to the news. It is better to short the stock instead of deep buying this week. However, if you short the stock, the price is already low, the risk is more than potential benefit. So I will leave the stock alone.
Quote:
This week alone the company has sold $8.5 million worth of the shares (6.43 million new shares).
The company still has $32.9M worth of shares to be sold in the coming days.
Unquote:
resource: https://seekingalpha.com/article/4095553-dryships-paying-debt
LBUY: My prediction last friday was correct, that the stock crash and bounce at near the supporting line 1.6 to 2. No other catalyst news after the business expansion. Will leave the stock alone, given no catalyst.
For ESIO, the second bounce brought the price from 8.6 to 10.4. The catalyst is the earning winner on last wednesday. The supporting line is only in 8.6 recently. The price may crash anyway, given no positive catalyst shows.
For MTBC, no catalyst news, I will leave the stock alone, given the price is also near supporting line 1.5 not so many play tonight.
For OMVS, the price moved up without good catalyst news....The stock may crash anyway. However, the price is only 0.252. No so much space for short.
I will leave the stock alone....
XXII has the same situation like OMVS....
For GPRO, the price increase from 8.3 to 9.85 given analyst upgrade its rating. Given recent observation, the catalyst normally last for 2 days... The price may keep going up today. It is worth a buy today...
Quote:
GPRO has been the topic of a number of other research reports. ValuEngine upgraded GoPro from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Vetrupgraded GoPro from a “buy” rating to a “strong-buy” rating and set a $9.04 price target on the stock in a research note on Wednesday
Unquote:
News:https://theolympiareport.com/2017/08/06/cowen-and-company-reiterates-hold-rating-for-gopro-inc-gpro.html
For MBRX, not so much play after the crash on 01-August. Now the price is in 2.9 with few volumn. No catalyst, either. I will leave the stock alone...
The news in 01-Aust.
http://www.usacommercedaily.com/2017/08/01/the-dirty-secret-to-trading-moleculin-biotech-inc-mbrx-time-warner-inc-twx/
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