70% gainer from last weeks watch list, and December 20 watch list

I am by no means a professional, nor do I fully understand the movement that some stocks make. However, I want to gloat on this one for a minute...$WINN. Last week I had $WINN as a buy (Here) in because of short interest, days to cover and how it had basically bottomed out. I entered the trade at $5.36 in my simulated act and BOOM! today it's up 70% after merging with Bi-Lo for $560 million. I suggested an entry at $5.28, the 8 dma. Below is the chart of entry and price today.



To say the least, those who were short (remember 17% of the float was short) just received a little wake up call... Ouch. Hope you didn't have your entire portfolio in there.

For those of you who don't know who Jason Bond is, you should put some serious thought into following this guys style --> Jason Bond. Short interest has a HUGE impact on how a stocks trade after being beaten down. This is one lesson that I will take with me forever, as it has helped me identify with higher probability the possible movement of a stock. Again, I'm not professional at it, but he is, so check him out HERE.

Anyway....

I lost some money last week from stupid mistakes, but I realize even more so now than before that as you keep doing your plan and following your rules, you will be fine...and sometimes come across these take over deals and score big time.

Now on to my watch list for December 20th. I only have a couple that I really like, so here goes.

I could see a drop in the Dow to 11,611 tomorrow and I wouldn't be surprised. I'm not sure what tomorrow will actually bring, but if we go from green to red, or open red, I will be short biased.

$CRYP - Double top at $2.30 from yesterday and today. I would like to see how this one plays out, but if we break $2.30 with strong volume I will long this sucker along with the other momentum players. It did relatively well today...slow grind up I guess. This shot up last week because of a rumored possible merger which is kinda scary to think about if you're wanting to short this stock. It could end up that we get word that Amaya Gaming doesn't want to pay the $34.5 million dollar price tag. By January 12th Amaya must report their firm intentions on taking or leaving the deal. The price per share on the take over is proposed to be $2.50. Needless to say, we missed the bus on this one 60% ago, but momentum can still be played... Entry on a breakout of $2.30, with a stop at $2.20. I really want to short this if it cracks, but my gut tells me to not mess...especially with the word "merger" floating around.




$BABY - That stupid Justin Beiber song just popped into my head. I don't like Justin Beiber for many reasons, his music is one of them, this is another Timothy Sykes Exposes Justin Beiber Fraud. On another note, I am not against babies at all. I have two of my own. Im not against the neurodiagnostic equipment that $BABY utilizes in the diagnosis and management for babies...but I want to play the technicals here. $274 million market cap, short interest of 5%, and has had 7 consecutive days of gains (up about 17%). I am thinking this is due for a little pull back. Recent insider sells at $8.78 and $9.20 ...

I will take this short on weakness at $9.48 down to $9.10...second goal of $8.78. It won't likely get there...Stop on the upside at $9.83.