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|
|IGC||India Globalization Capital, Inc.||Conglomerates||-1.79%||962,796|
|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 received over $263k worth of July 17 5 Calls purchased yesterday, and more may be purchased today as well… Time will tell.
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!
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.