Looks like the news wasn't good. :-(
Tuesday, June 30, 2015
$AXMM is taking longs straight to Hell, -46.6%
Another day of deep red for longs of $AXMM. The selling never seems to end and no support levels in sight. I'd stay way from this falling knife.
Friday, June 26, 2015
$DNRG shares rain on the bulls, -46%
Shares of $DNRG enjoyed a euphoric run this week, but closed with a long red candle today. Pump and dump? Healthy pull-back? Who knows. Cast your votes and tune in for the open on Monday.
Monday, June 22, 2015
Tuesday, June 16, 2015
$AAVL buries longs, -56.2%
Too easy to make a pun on this one... Shares of Avalanche Biotechnologies, Inc couldn't bear the weight of disappointing news. Shovels please!
Monday, June 15, 2015
Friday, June 12, 2015
Thursday, June 11, 2015
$NUGN, classic stairstep trap dropped today, -39%
This "stairstep" candle pattern is a classic one, usually leading Bulls to get caught in a dump. At least one message board poster was nearly spot-on in calling it:
Wednesday, June 10, 2015
$MJMJ shareholders get dazed and confused, -42%
Shares of $MJMJ got smoked today in heavy volume of 219M shares traded. Seems that the high from yesterday's run caught a lot of new bagholders? Only time will tell.
Friday, June 5, 2015
Thursday, June 4, 2015
Tuesday, June 2, 2015
$KHGT shares get wrecked for a second day
$KHGT crushes shareholders for a second day in a row. Strangely this stock hit both a 52-week high and low in only two days. Seems that the run up yesterday could have been a trap for hungry bulls, which were then force fed a surplus of shares in an effort to "average down".
An upcoming reverse split will likely add additional pain. Shareholders will likely have to choose between going long (being a bagholder) or taking a haircut before the new shares are free for selling. :-(
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