Triple9's Trading Tactics

[eanalytics]

[t][/t]

[Triple9]

Icahn's (Potential) Move Into Biotech

http://finance.yahoo.com/news/icahns-potential-move-biotech-002501246.html

[Triple9]

$PFE 150 @ $34.50. In all honesty, got this order in premarket based on the chart alone while looking at some of my other bio/pharma plays. I will do more DD but I got a foot in the door.

[Triple9]

Out of $HJPX @ $26.3301. Rookie mistake and very lucky I didn't lose money on this illiquid ETF.

[Triple9]

GARRETT (R-Virginia) INTRODUCES LEGISLATION TO REMOVE MARIJUANA FROM CONTROLLED SUBSTANCES LIST

https://tomgarrett.house.gov/media/press-releases/garrett-introduces-legislation-remove-marijuana-controlled-substances-list

[Triple9]

Made a big mistake while DD HJPX. While I believe that Japan is a safe place to park money under Trump, this ETF should be in the graveyard. When I saw volume numbers I thought I read them as "000". Nope. This ticker is very illiquid. Moving my funds to EWJ.

[Triple9]

Sold some OWCP today.

Very mixed emotions about the trades. My broker is first in, first out. So today I sold the first 10,000 I ever bought at .26 and part of the next block I bought at .30. I sold 20,000 in total for an average price of $2.75.

I know I left money on the table. Likely a lot. Efficacy test results are due any day now. The stock is going to pop, unless the efficacy results have already been baked into share price. I think with 90% certainty the stock will be higher than $3 in a few months.

On the plus side, however, is my stress level has dropped away. I wasn't even really aware of my level of stress until it was gone. Not sure if stress is the right word though. I'm more relaxed (or maybe confident) about the balance of my shares because they are, essentially, completely free. Swing up and down wildly, I don't care lol.

That's a pretty rare position to be in and I have to say I like it!

So I'm going to be buying my wife a new car with the profits and she is going to be soooooo happy. That is worth so much to me.

Never hurts to take a profit, but I know myself and I will likely beat myself up about this later (could've gotten her a BMX 9 Series instead of an X5 if I had just waited...)

But there are no guarantees in the stock market. All in all, I'm going to have to say this is one of the most interesting and memorable trades I've ever made.

[Triple9]

Hi, thank you.

I don't invest in Pink sheet stocks. My broker charges between a fee of .01 and .005 per share for Pink Sheets, which just makes it too very costly (would cost me .02 just to buy/sell) for me.

You said they have IP but I didn't see any spending on R&D in recent years. Careful this isn't a "me too" company my friend. Good Luck, and Happy Trading!

[Triple9]

New York City Private Equity Firm Brings Cannabis Investing to Institutional Investors

https://www.newcannabisventures.com/new-york-city-private-equity-firm-brings-cannabis-investing-to-institutional-investors/

[rstar]

nice new board T9.
take a look at CTTH when have a chance.
I think it's a highly undervalued MMJ biopharma
w patents and licensing deals and small float that could move nicely.
let me know what you think if you look. thanks.

[Triple9]

Sector Rotation into MMJ by aggressive and risk-tolerant investors is happening now IMHO.

Big Pharm likely won't step in until cannabis is removed from DEA's Schedule 1. Good thing the bipartisan "cannabis caucus" has 14 cosponsors in the US Congress. https://blumenauer.house.gov/cannabis-caucus. Good old Earl couldn't stop himself from criticizing Trump recently, so who knows where this will go.

But this interview caught my eye as it reenforces my observation that money is pouring into MMJ:

CannaRoyalty Races to Invest in the Cannabis Industry Before Big Investors Arrive

https://www.newcannabisventures.com/cannaroyalty-races-to-invest-in-the-cannabis-industry-before-big-investors-arrive/

Lustig believes that bigger investors are starting to come into the sector, making it a bit more competitive for the company to find more investments. He expects that the uncertainty about federal enforcement of the Controlled Substance Act will keep the really big players out. The company is investing in front of what it expects will be a tight window of time before Tobacco, Pharmaceutical, Nutraceutical and Consumer Products companies and funds make investments into the industry.

[Triple9]

I know, I think I missed the boat on that one. Best of luck trading it. I hope you make $$$$$$ my friend!!!

[Eagle1]

Triple9, please check out GIGL.


Looks awesome.

GIGL

[Eagle1]

Board Mark Triple9!

[Triple9]

$HJPX. 100 @ $25.83.

This is a Nikkei tracking ETF with a build in Yen/dollar hedge! Pretty smart way to get some international exposure.

I feel there are going to be sector rotations out of so-called Trump stocks and profit taking in general. I'm trying to find safe places to park capital.

Trump and Prime Minister Shinzo Abe recently had a full weekend together and I think that bodes very well for US and Japanese relations in 2017.

https://www.whitehouse.gov/the-press-office/2017/02/10/remarks-president-trump-and-prime-minister-abe-japan-joint-press

[Triple9]

$VNDA. Stinker. Sold 100 @ $13.525

[Triple9]

$FATE. now at 1,000 @ average price of $4.12

[mick]

i like honesty most of all. input output, like computer. in and out.

now if robots overtake us another story.

we see da movies do innovations.

[Triple9]

Oh gosh, I'm just learning how to mod a board here. Probably have to change the name to Triple9's Cursed Choices real soon. Karma is a B when you try to boast!

[mick]

reading, 'Triple9's Trading Tactics' DD is important, congrats on your forum.

[Triple9]

$VNDA. 100 @ $14.50.

Taking a very small bite while I do more DD.

http://www.vandapharma.com/pipeline.html

[Triple9]

$FATE. 100 @ $4.09 and 500 @ $4.10

This is a long term play. Hoping the balance of my order will fill, but it's popped up to $4.55 now so that seems unlikely.

http://fatetherapeutics.com/our-immuno-pipeline/