UPLMQ 0.31 - UPL announced Friday that they were entering into bankruptcy proceedings and a few investors were able to jump out of the stock pre market on Monday as low as .13. The 1,268,371 shares, $194,172, was cut short before the opening bell and today we get a chance to see the whole picture of this 153,388,832 shares outstanding, $32.5 million in operating income last quarter, $1.28 billion in assets, $3.99 billion in debt oil producer. Is there due to be [...]
A new month after a good month, but the end of last one somewhat corrupted the start to this one. Scans over the weekend revealed very little in terms of stocks under $3 with significant volume attributes worthy of being potential plays. Those that did show the signs of something worthy were all subject to the same activity we witnessed with BSSP late Friday, whereby trades which had yet to be recorded prior during the month of April were all [...]
A lot of options trading members are still hungover from the massive move SPY made on Friday, doubling or better for any CALLS under 208 bought from the open bell. In any case, Monday is here and another soon-to-be delister is added to the watchlist - a pattern which is going to continue to be regular through Q2. Current Delister Still #OnWatch: SIXD, QTWWQ, GLPW, SXCL NYSE: SUNE SunEdison, Inc., a renewable energy development company, develops, finances, installs, owns, and [...]
