Best Stocks for Day Traders – KODK, FRAN, BGFV, SNOA, CORR

From the Razor Trading Desk (Tuesday July 28th, 2020)

Kodak was the biggest story for the day with a 765 million dollar loan to start a medical supply chain. The stock started ripping at 5:00 AM CST. I was caught up in the excitement and tried taking an entry at $5.09 @ 5:48:52 and then realized I couldn’t start trading until 6:00 AM CST. Ugh. I even tried an entry at 6:20 AM but wasn’t filled. That’s okay, sometimes they run without you. KODK made a parabolic move and cruised up to an $11.80 high of day. There was an even bigger move in the extended-session where KODK ripped from the closing price of $7.94 to a post-market high of $13.46.

• Eastman Kodak Co (KODK)

KODK NEWS: Kodak Shifts Into Drug Production With Help of a $765 Million U.S. Loan

Gap 271.8%; Closing Price $7.94; Pre-Market High $9.72; Post-Market High $13.46; High of Day $11.80; Low of Day $6.00; Range $5.80; 284M Shares Traded; Float 18.19M; Market Cap 347M.

• Francesca’s Holdings Corp (FRAN)

FRAN NEWS: *Francesca’s Sees 2Q Sales $67.0M-$71.0M >FRAN

Gap 94.6%; Closing Price $6.00; Pre-Market High $10.42; High of Day $9.20; Low of Day $5.79; Range $3.41; 32M Million Shares Traded; Float 2.75K; Market Cap 18M.

After Hours Trading:

• Big 5 Sporting Goods Corp (BGFV)

BGFV NEWS: *Big 5 Sporting Goods 2Q Sales $227.9M >BGFV

After-Hours – Closing Price $4.47; Post-Market High $7.17; High of Day $4.80; Low of Day $4.35; Range $0.45; 4.1M Shares Traded; Float 19.51M; Market Cap 98M.

• Sonoma Pharmaceuticals, Inc (SNOA)

SNOA NEWS: Sonoma Pharmaceuticals and MicroSafe Group Announce That Microsafe® Disinfectant & Sanitizer Manufactured Using Sonoma’s Microcyn® Technology Successfully Passed Material Compatibility Testing for Both Airbus and Boeing Commercial Transport Aircraft

After-Hours – Closing Price $6.46; Post-Market High $13.44; High of Day $6.63; Low of Day $6.39; Range $0.24; 2M Shares Traded; Float 1.75M; Market Cap 13M.

• Corenergy Infrastructure Trist, Inc. (CORR)

CORR NEWS: CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for Second Quarter 2020

After-Hours – Closing Price $8.40; Post-Market High $10.50; High of Day $8.50; Low of Day $7.99; Range $0.51; 321K Shares Traded; Float 13.59M; Market Cap 115M.