Today was pretty good for me. I’m long overnight in $GEVO
and will be looking to sell into a pop in the AM or cut my losses. I also made
a quick in and out trade of $OREX as it was squeezing into the close… a 7
minute hold netting $600! That should be as motivating to you as it is me. I’m
constantly planting the seeds of education so that I can grow my pennies, I
hope that you too are a penny farmer.
Here is my watch list (Crops) for tomorrow. Happy Trading!
Main Crops:
BSPM, 200.75% EOD. This had a huge run today after
financials and high volume. There doesn’t seem to be much support on the chart,
until the $5 to $5.50 ranges on the weekly chart. So if it can crack the $5
level and hold, then this may run a little more. But I’m more short bias on it
because I don’t feel that the move today was warranted by the new catalyst.
GEVO, 59.08% EOD. This saw a nice rip today after news that
two Alaska Airliners were using their fuel for the first time. There is the
potential that the trial run could lead to a much larger contract with Alaska.
I think that may be at the heart of the run today. I’m still long from $1.11
when I bought in for a breakout of $1.12. I was looking to exit when I hit a
gain of 3% or so but the limit order didn’t get filled. It fade into the close
so now my position is in the red, but I can see this possibly gaping/running in
the AM.
OREX, 51.56% EOD. This had a slow grind up most of the day
and then a squeeze into the close. I managed to trade the squeeze for a quick
5% gain. There is news out so the catalyst is there. This could move further up
tomorrow before it dumps.
TPLM, 48.84% EOD. This had a nice move today with further
gains in A/H. This could continue higher if the oil industry cooperates. I’m
long bias on this at least for another day or two.
Side Crops:
BLPH, CJES, RNVA, BEBE, IMNP, BLIN, GBR,
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