Thanks for the heads up on SYM!
Dear Marty,
I'm grateful for your premarket gap on earnings watchlist. SYM went up over 40% from when you called our attention to it. Unfortunately, I didn't check the watchlist until noon or so, and didn't have much reserves / courage to margin it. I'm getting more monitors to track these gems now that I've got the hang of the timing (reports come out around 09:00 Eastern, right?)
Yes! The morning reports are posted 30 minutes prior to the market open. The is 9:00a.m.EST!
SYM That stock moved 50% with nearly 400% above average daily volume It gave back 9% today, and just formed an inside day candle. It looks great on the daily chart.
The 30 minute chart illustrates the move in a tighter time frame. We must expect some profit taking after a 50% move. But, I would still monitor that stock if I did not own (which I do not at the moment). This stock has only 12 million shares in its float and moves fast on just a little demand.
It is OK if you missed this stock. There will be plenty more. We just need to be patient and pick our spots. I believe we have another stock to monitor tomorrow in ELF which appears to be a possible 20% move or more with heavy volume.
Thank you for your feedback!
Regards,
Marty