Good morning everyone, if you saw my last premarket article on CAPR then you know I carry weight in my stock picking skills. Now, let’s look at this morning’s line up. So far I see two stocks with some potential for a trade this morning. The first stock is VISL. This stock had a premarket price action surge running almost a dollar on news. Let’s look at the stats:
FLOAT : 2.25 MILLION SHARES ( this is really low so any high volume gives potential for big moves in either direction.
PREMARKET VOLUME : 1.85 MILLION
NEWS : VISL company paid off debt and won 12M dollar offering.
Notes : Although this stock has some great things going for it, my primary concern is that the price action has already dropped hard before market open. Because of the stats I listed it is still worth watching at open.
FRAN is another stock that is showing potential for the trading day. This stocks price action has soared from the $3.80 cent area to over $5 dollars. Nice!!!!!
Now, let’s look at the stats.
FLOAT : 2.95 MILLION SHARES (again, an extremely low float just like VISL)
PREMARKET VOLUME: 860K SHARES TRADED
NEWS: COMPANY SCORES NEW INVESTOR.
NOTES: Everything looks good so far with this stock, as any trader should do, ensure you are doing your best to avoid capital loss by managing risk and jumping on opportunity.
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