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Market: down PM so far, but showing signs of being the reverse of yesterday's green to red, we'll see.
My list is not as bad as last week but still not good, although I still still have several greens! OVID definitely saved my day. See what tomorrow brings, hopefully be able to take some profit on a couple buys from today.
XL was a SPAC that has now found bottom twice near 13. I would assume for any recently merged SPAC that the initial SPAC pps would be the ultimate bottom, but I suppose anything is possible in a correction, especially if it turns out to be a major one. Also CCIV at 24 looks tempting, but not sure I'll be playing that one again quite yet.
Market: Agreed, I thought for sure SPY would retest 380 but it has held up fairly well.
THMO 2.76 well shoot, appears 3.05 was our sell signal! This has hung around pretty well, but feel like it could be brought to below 2 real easily.
IMH it very well could, challenge December lows
VERB haven't picked any more up here, waiting to see if it drops to the mid 1s
IMH 2.85 have an order in to buy more here, see if it fills. Sitting on the bid currently.
THMO 3.05 been waiting on this one, well been waiting on a lot of them!
MICT 2.50 picked some more up here
MICT offering at 2.80, currently 2.70. Typically a no-brainer buy here, but market could bring it down further. Still picked up a few on a gamble.
OVID nice! Sold 80% upper 5s. Will look for rebuy opportunities regular hours. Haven’t had a 100% in awhile, feels good!
RELI looking into the history here, I know they were recently uplisted from OTC, but did not know that days before they started trading big board that the pps spike to over 40.
RELI 6.11 not sure what's happening but had to take some profit here in this current market.
RELI 5.90 AH
RELI 5.27 looking to close strong
RELI 5.10 nice little spike here
IMH 2.5 million? Total volume today has only been 1.3m, lol! Anyway, I'm in for a few here.
VERB 2.11 picked more up here
ITP .76 down near the latest offering price, picked up some more here.
Ha, I suppose I have not completed the calculations to determine if the p-value of either UVXY or GME is statistically different than the market!
Markets coming down and GME coming up, the UVXY of late.
AEHL sold a couple here at 3.80
IDEX 3.73 looking solid today
Agreed, case in point: SPY is having the best day in a week but nothing on my watch list or owned stocks is above 10%. However, on the down days last week, half of my list was down at least 10%. Really though, nothing new and as expected, I've always said that stocks tend to drop faster than they rise.
Small caps: you are very correct here, small caps have been hit hard this time, much more than the last small correction in Sept/Oct.
AUUD 3.47 added more EOD, think it's only a matter of time before double digits, sometime after the correction is over.
AUUD nice to see this one moving, not sure it can continue today but a good sign of strength for the future
SPY 380 being tested currently. We'll see but I don't think that will hold. Still think this current correction will last at least through next week. Continuing to take profits when I can and most importantly, if/when I have them.
Thanks for the list Mark. Also great call on LIXT!
TGC 2.65 AH sell on the reverse split merger news, looks like between and 1:8 to 1:12 to take place tomorrow. Will be taking a loss here, not sure why I still play mergers, they rarely work out.
EDIT: 1:12 split official. New symbol REPX. Could be a decent buy after it finds bottom and after market settles down.
It's an interesting metric, that's for sure. The foreshadowing of the current correction was on the wall when there were zero below a dollar not less than two weeks ago. And I wouldn't be surprised to see that number more than double within the next few days either.
CGIX a bright spot here, do you know if there's any reason for the midday jump here?
I'm waiting to buy today, most tickers seem too high still after Tuesday.
Market: we shall see, looks like it's still dropping, thinking we still have a bunch of red still ahead. (rhyme on purpose, have to take the bright side of life when we are given lemons!)
Market bouncing around, has come back once but not so sure we don't give back all of yesterday's gains and then some. Definitely still cautious, taking profits when I can.
IVR 4.31 moving up
ITP .83 this should be back above a dollar within the next week, if not sooner.
MICT 2.75 I'm thinking this should be back above 3 sometime today.
TGC 4.20 should be interesting today with the expected merger announcement, will it be a dip and rip from here? or sell on the news, presumably due to a probably reverse split? I'm risking it at least until tomorrow either way.