Long $CAPR, $BORN

Here are my current positions:

As mentioned in previous post, I doubled down on $NDRAW and brought down my cost average. I continue to think warrants are very cheap here valuation wise if the thesis works.  

$CAPR is a deliberate play. Recent R/S, low float with data coming up end of June / early July. Co has cash into Q4 and have mentioned that they will raise if the upcoming data is favorable. Tells me there could be a big run especially given that R/S play with news are currently a hot pattern. Chart is setting up and ticker feels like trading thin. My target here is $7-$10+ if it catches momo. 

$BORN is a speculative play. They’re scheduled to delist June 19 so entering for a final delisting run if we get one. ​

Long $GBR

Bought 10K shares of $GBR for a long trade at avg. $2.07. This is a chart trade for me. I have been watching this chart since the $1.80 levels and now it has been nicely basing above $2 level. Looking for a push above the 200MA and then above $2.40 level. Oil is strong and with right momentum, $GBR chart looks like will work. I will cut it if it drops below $1.85-$1.90 area.