Another week passed by. We had huge runners. The hottest stocks were from consumer non-cyclical sector, stocks like $IDXG $ETRM $EVOK. Those who follow me knows that I am mostly short-biased and every short seller should have such stocks as $ETRM and $IDXG in the watchlist. Reverse splits that happened the last month and new shares offering show nothing changed under the sky of the nano and micro cap stocks. Ownership gets diluted and investors lose money. $EVOK in consideration is not bad but it is acting like typical biotech. Good news it passed 3 phase which is a huge milestone for biotech, so optimism should be felt for this stocks. And $BCEI filled for bankruptcy and restructuring which is basically the cheaper way to go bankrupt. But you never know while 1 company from hundred can reborn from ashes, but do not be naive either.
Watch video: https://youtu.be/lnz8Bw83cA4
Submitted January 08, 2017 at 02:34PM by vytasmike http://ift.tt/2iS2i5y
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