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Indeed interesting that several smart people follow a similar strategy gaining on extremely oversold Nasdaq biotechs. Works very well for me, pinks are pure lotto, these biotechs are 'readable' for 20-30%, sometimes more :)
It appears we are on the same page again and it may be very fruitful indeed.
As for the USPSTF and The Colon Cancer Alliance it appears the CCA strongly disagrees with the findings of the USPSTF and $EXAS may gain some serious traction once the below article gains traction.
"We most strongly urge the USPSTF to re-evaluate its recommendations and help ensure that Americans have access to all proven screening methods."
http://www.prnewswire.com/news-releases/colon-cancer-alliance-us-preventive-services-task-force-recommendations-300157279.html
Gonna wait for another 1$ next week
I agree! GLTUA!!! $$$$$EXAS
I´d never care what analysts say, esp. after a stock dropping that extremely. But it´s oversold and gonna reverse to around 10$ again imo
Thanks, and Bon Courage.
Notable: 7/7 analysts got it wrong.
Not uncommon in my few years of observations...
It was downgraded to 7 by Wedbush yesterday, and suddenly new low options contracts sprouted up for months ahead.
EXAS downgraded with a price target of $16.
http://www.moneyflowindex.org/exact-sciences-exas-is-downgraded-by-lake-street-to-hold-price-target-at-16/3144436/
Smart pick, did it similarly
Should see 9,50-10$ again next week
Same here 7.47.....lets see what happens.
Took a few at 7.50
Back up to a thousand shares……LOL
Pretty good call... not sure I'd buy it though.
Maybe be settling for the first time today right now
Just stopped out…on half …....may try again who knows!
I will watch ……thanks. GBSN
Yeah got another add in mind near 8 if she gets there, I like to edge in in small bites then add when a bottom has formed. Average now at around 8.9
My prediction wasn´t too shaby - set this buy order in my mind, looks like it´s going even lower. Not entering before a bottom appears
$GBSN sellers are done
Employee 77, not bad for molecular biotech
Have added today also, but possibly can go down further
Just added to my starter position here at 8.58 have a swing or longer term mentality and will add lower if needed. Not a huge position by any means.
GBSN? I have been watching that one and even traded it recently on a high volume day but couldn't get past .13.
What do you see in GBSN besides the high volume day so far?
Looks to me to be a P&D
$GBSN, sorry for the typo
Thx, would be a "typical performance" for a pulled down Biotech to loose another 15-20% - nice upside afterwards included :)
Lets see what´s actually gonna happen, ready for entry here anyways
There will be another low low. Always is.
I'm with you...exact replica of the last tail down we had in common, good thing tho should be a nice upside. :)
$9.80 is the 2-day low. I'd be surprised if we see 8's, let alone, low 9's.
VC
Unlikely that it will fall below $9... But who knows...
Can´t hold any intraday gain - looking for an entry under 9
Liking for a low-risk entry at 10.00, showing very strong support there. Aiming for 10% gain within a week, conservative estimate.
It may bleed that low.
I am done. Position is closed.
Oasis? In energie? I had OAS and WLL and CWEI and took my profits today. Nice short squeezes.
Do you know the float here? We are killing it over at OA*...
I took a starter right before the close at 9.95 this thing is cheap now and very oversold. Hope to get more....three day rule
Hell no haha.
Are you in?
That's what I'm sayin!$
Big Bounce Coming Here!!! Get in while you can!
Given the situation and short-covering, I think it's safe to see a range of $9-$16 this week. No further collapse and lots of upside, imo.
VC
Yes agree looks way over sold here .
Listening to the CC. No change to Cologuard, no change to business plan. Only change the product language and re-submit. Looks WAY OVERSOLD and an OVER-REACTION.
VC
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