Wouldn't think short on this one just yet, but if you insist if it gaps too strong it could pull out the gate to 28 area where I like the long, then gear to push towards 30, then only on a decent over extension and volume would I consider short.
CMRE - dropped ah's from announcing a 7.5 mln share offering, but members of the Konstantakopoulos family have indicated their intention to purchase up to 750,000 shares in the offering, which could possibly give the stock a bounce. Eyes on this one tomorrow.
Possibly around 13.25
DMND - in Talks with PE firms about Selling Minority Stake. This one came on radar today as well, be looking for some upside tomorrow, people are looking for a reason to be happy about this long cause the stock is so beat down.Crazy move right b4 close and in ah's it sold right back down.
THURSDAY, March 22
Extended-Hours Earnings: DG, FDX, GME, NKE.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. FHFA Housing Price Index; Leading Indicators; New Home Sales.
FRIDAY, March 23
Extended-Hours Earnings: CIS, KBH.