#1 in Over $1B in Assets Under Management - InvestingChannel

#1 in Over $1B in Assets Under Management

One stock mentioned in yesterday’s watchlist to you is now ranking #1 in securities analyzed by institutions with $1B in assets under management!

Is this a coincidence… or do financial professionals know something we don’t?

And here’s the Twitter trade I told you about as well…

Ticker Code Ticker Name Ticker Industry Price Change Average Volume (50)*
EROS Eros International plc Entertainment 0.00% 3,244,530
MVIS Microvision, Inc. Scientific & Technical Instruments 31.13% 10,018,952
MYOS MYOS Corporation common stock Drug Manufacturers – Specialty & Generic 37.16% 8,109,760
DCP DCP Midstream LP Unit Oil & Gas Midstream -25.69% 1,492,652
XSPA XpresSpa Group Inc Personal Services -42.86% 16,152,840
GNUS Genius Brands International Inc Entertainment -191.91% 98,387,042
GNPX Genprex Inc Biotechnology -1.89% 1,904,239
IGC India Globalization Capital, Inc. Conglomerates -1.79% 962,796
VXRT Vaxart Inc Biotechnology 67.85% 25,710,030
IDEX Ideanomics Inc Software – Application 75.64% 61,847,056
SRNE Sorrento Therapeutics Inc Biotechnology 47.05% 27,079,664
BLU BELLUS Health Inc Biotechnology -249.16% 5,277,242
FBAK First National Bank Alaska National commercial banks -5.92% 229
GSAT Globalstar, Inc. Telecom Services 8.57% 11,079,267
ZOM Zomedica Pharmaceuticals Corp Drug Manufacturers – Specialty & Generic 5.56% 79,822,064
YRCW YRC Worldwide Inc Trucking 30.98% 4,758,050
SIVB SVB Financial Group Banks – Regional -6.32% 455,578
SNSS Sunesis Pharmaceuticals, Inc. Biotechnology -37.93% 6,773,646
ODP ODP Corp Specialty Retail -21.88% 1,015,956
DNR Denbury Resources Inc. Oil & Gas E&P 7.41% 37,419,704

Lower-priced stocks have been hot amongst financial professionals lately. I’m talking about stocks under $10, such as Eros International (NYSE: EROS), which ranked #1 in my written watchlist sent to you yesterday afternoon.

Here’s what that looked like…

EROS July 17 5 Calls: EROS is a lower-priced stock which I’d look for 100% or more for profit and keep a 50% downside stop. Multiple unusual call options sweeps today trading on higher than average volume, which are bullish signs to me. Trading near its high of day so I’ll look for a possible dip followed by a bounce (a.k.a. rest & retest).”

EROS received over $263k worth of July 17 5 Calls purchased yesterday, and more may be purchased today as well… Time will tell.

EROS Daily Chart

While a convincing bullish catalyst has yet to be released, with all the bullish call option players drawn to it yesterday, 18.3M in trading volume, and ranking #1 on stocks which firms with over $1B in assets under management are analyzing, I think something might be brewing here.

$3.75/share will be a key spot for me today. As a key support level, if EROS can hold above $3.75/share, I’ll be interested in buying to open the July 17 5 Calls alongside Wall Street’s biggest money players.

P.S. For full details on EROS such as earnings, volume and news, simply click this link!

Happy trading,

Davis Martin
America’s #1 Options Trader

Disclaimer: This is not investment advice. This article is for information purposes only and opinion-based on financial advisor data across a selection of websites. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions.

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