In the pre-market (OPXA) was moving up. I held a swing position in it due to it's daily chart and it's erratic trading. I added shares on the pull-back and waited for news. Today was it. It had received a milestone payment. I think this was expected news, but the chart was set-up for a pop and any shorts were sent scambling. I added at 3.84 and sset sell orders for 4.22 and 4.28. The 4.22 got filled and then the stock started pulling back. I did not think the news was great so I sold the rest at 4.12. The stock took off at the open and hit 4.66 and sold off all day after.
I tried a scalp in (KERX) in at 2.97 and then heard news that they are planning a mixed shelf offering. I sold immediately for a .01 loss. Usually these offerings are reason for the stock to sell due to dilution. But (KERX) did not. Maybe the news it had today was very good and absorbed the dilution.
I scalped (THQI) for .07
Added to (CYTK) swing.
And scalped some (YRCW) into the close after missing the whole day's move! I was in this stock with size at 2.51. Ahhhhh, if I only held on. Actually, selling is not bad, but I lost track of it and missed a monster move. This stock brokeout today with massive volume. The short interest was very high with Finviz.com listing it at 27.87%. I imagine some of those have covered but still more to go. The next resitance spot is 7.40 ish on a weekly chart and then major resitance at 12.00.
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