Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks Sheep. Out IGXT @ $.86. 41% - Woot.
Morning - Watching all the reds. Seeing if a few turn green. IGXT hanging tough this AM. I tried to take a poke at trading after hours or pre, but Fidelity wouldn't let me. Perhaps some OTC's can't trade pre or post?
So true. Too many out there, which is why I always have to remind myself to stick to the plan.
KOOL - This one came up in my scan in early - mid December. I looked at it and watched it for about a week and said "ehhh." But I kept it in my chart watchers.
Take a look at the chart now. I would have sold it wayyyy before the big pop anyhow.
ONCY - Tickler - ONCY came up in my scan the other night, but I didn't have a chance to fully chart it out, but will do so tonight to see about a possible entry. I haven't checked any of it out otherwise (only the chart). Volume popped on the 13th, and somewhat again today too.
Had another good day today.
DARA up 21%
IGXT up 14%
MSTX up 10%
IPCI up 1%
ACHN down -3%
ETRM down -4%
But, today is done. Tomorrow is another day. Stay focused.
Yeah, was going to mention that TTNP keeps showing some life again. Ok. Thanks
Can you poke it with a stick while watching? Thanks.
Yes, that's the idea I'm going with, that Feb 3rd is too far away still. Figure a pullback coming and then a possible bear raid too.
IGXT - Watching it and thinking of selling all of mine (5,000) now, or after hours, or pre-market tomorrow or hopefully on spike tomorrow AM.
So, ...thinking....watching...looking at volume and charts. Looking to see if I can get $.88 out of it today into the close.
ETRM - Found nothing but a vague reference to them perhaps buying GALE, no idea if that was just a thought or rumor. I know nothing of GALE, other than seeing the name bandied about.
All a learning experience. My chart scans have been doing very well that I've been putting together. It's ok if I'm not in them. It helps to give me confidence to trust them in the future.
Plus, there's always another bus around the corner. No need to chase them. With that said, if it comes down to the support areas, I may jump in.
ETRM : Am trying to see if there's any news we haven't seen, or if it's just like Tom Petty sings, "The waiting is the hardest part."
Will post if i find anything.
GSS - ($.65) Am watching to see if it retreats down to $.58 (new support level and 200 MA) after its strong day yesterday. I may take a position then. Am looking to find ones that aren't biotech as the IBB has just gone crazy and probably can't keep this up.
Would look to play it for a month up until earnings. On watch still.
Good point. I only had 500 shares of CPRX as a starter (@$2.02). I figured that wasn't enough for my plan so sold it to look to get back in later just as you mentioned, when they changed their timetable a bit.
I put that and another one I sold into MSTX as my starter in it and added more to it.
It also helps me to remember that if something doesn't feel right, just get out, and don't stay locked into a stock.
Will get back into CPRX when/if it allows another good entry. Thanks.
That's fantastic! Great job. Stay focused and remember, don't let the highs get too high, or the lows to low. You'll have good times like this and bad times also, so try to limit the bad ones.
Keep to your plan, take some off the top if that's part of the plan. Trust yourself. Keep it going!!!
Can I include ones that i was going to buy but didn't and then they went up? Those count right?
Name doesn't matter to me as long as we all make $$$. Am just looking to always learn and make $$$.
If we got together it might be a great combination then. you play the fundamentally sound ones, I'll play their charts and then we can be...
SeriousLee
(am sure right now you're wishing my internet was still down)
-------------------------------------
(i just am watching TTNP to see about the chart ...helps me learn
i think both of your points are valid, and good to hear to remind myself that there's less risky plays out there that are better all around.)
Thank you
TTNP : Started stretching its legs today for the first time in a month. Made a small pop ($.62 up to $.69, back to $.65 now). Up 3% only, but movement might be something.
DARA $.72- Added more here while its sitting and thinking. Have 9,100 shares now. Is forming a Symetrical Triangle on the 15 Min chart, and am hoping that's a continuation sign.
Saw a tweet from @PharmDFoose of possible Orphan drug approval within the next 3 weeks, and its holding up well. $heff has also made another mention of possible interest again.
All making me think its getting ready to make a move (hopefully up).
GSS $.63 up 18% today - Doh! I picked a bad day to have my internet and network go down. Chart was primed. Will watch it still for pullback and possible entry.
Sheep,
Thank you very much for all the info. Interesting to note that minors are close to shutting down, etc. Looks like I'll keep this one on watch or perhaps scale in a just a bit for a possible play up until earnings.
Appreciate your thoughts.
Perhaps Sheep might know a little about this one (gold mining play). He just posted on Sheff's board that he puts a portion of his profits into metals.
He stated "I am a bit of a gold/silver bug and I always put a portion of my profit into my gold/silver IRA and physical metal to hold."
From following his solid postings, he might be the "man ...err sheep, errr wolf" to ask for an opinion (I can't PM yet - will probably up to a paying account soon).
Just a thought.
Yup. I'm only trading as well at this point. However, I (incorrectly) thought that when they announced this latest offering, just months after their last one, that the sentiment was going to be low and it would not be received well and the price would drift down for a bit, and / or would take a lot more time to movards towards the gap (even with the Nov PDUFA).
Thanks. BOL.
GSS - ($.53) : Triple Bottom Recently
Closed just above 50 & 100 DMA (.48). Is inching its way up to the 200 DMA. Is bouncing off RSI support and resistance lines (see chart below). Is looking to make a possible breakthrough to the 200 DMA of .59.
- A pure gold company with two operating mines in Ghana
-Almost 25 years of gold exploration and production success
-Golden Star currently has approximately 259 million shares outstanding
Golden Star expects to release its full year 2013 Financial Results on February 20 2014, according to yahoo article.
Earnings date according to nasdaq, is possibly Mar 3, 2014. link: http://www.nasdaq.com/earnings/report/gss
Kei,
Am really impressed at the way you traded this one. I bought originally at $1.12 and then sold around $1.28 or so. I was happy with the trade, as I'm building confidence and I followed my chart. But as always, I keep watching to learn more.
Saw this 2nd offering and thought "glad I got out." Then watched how you and Sheep and others have played it. Although temporarily the offering was bad, it helped to give the company cash towards their November catalyst.
I learn a lot from your trades in this and others, and how you held CYTR, and some others a bit longer. Best of Luck.
CNDO ($2.89) Here's another that's near resistance and could be heading into the gap. Had very nice volume of 6.5M Friday. Formed a nice white candle reaching resistance and pulled back. Could make a move over the next two weeks or more.
I'll be watching to see if it pulls back from the double top on the 15 Min chart, and bounces off support at lower $2.70 and then greater support at $2.60.
IMO the Daily Chart shows if it can pass resistance around $3.20ish, then next resistance is 100MA at $3.86, and then maybe lower gap level of $5.5ish.
***I have only done a quick study of the charts and not the company and catalysts, etc.***
My 15 Min Chart of CNDO:
Thoughts? This is my first chart posting so let me know if you can view it ok.
ACHN ($4.12) - I watched it stop to rest going up and down at your $4.18 target. Thanks. At the moment, am holding it until $4.50. then will sell half I think. But plan can change. Sold 300 of 2000 at $4.30. Would have liked to see a strong close for the 3 Day weekend so people could talk about it.
But can't complain on any up day.
I took a relative to get a colonoscopy. So, since it wasn't me. I did well today!
ACHN moved some higher, then got tired. Sold only 300 at $4.30 of my 2,000 shares. Wanted to try trailing stop loss selling in my fidelity account.
CHTP grinding back up.
ETRM woke up, then laid back down to rest.
IGXT slept
IPCI tanked. It made an about face from my posting yesterday and dropped $.40 (I sold half at the low today (not good), because I wanted the funds in something else. Made $50 (so not a loss at least)...chuckles.
Bought a little more MSTX and bought some DARA too). I wanted to hunt the DARA wabbits, but wanted to get some now in case it starts to make its run. Also wasn't around today to hunt it. I'll have time later to average down if it happens.
MSTX added very small amount 1000 shares. Have 7700 shares now. May add another 5-6000 shares still.
I have to remember to keep some cash around for the Bear Raids.
How did you do?
Will take a look at this one further. Thanks Andrew.
BAXS - $1.32 : Just looking at the chart, 15 Min Chart Looks like its getting really close. Although IMO it may stall here and dip to fill the gap down to 1.28 and then below before it turns up.
Daily Chart looks real interesting. Am gonna put this one in my watch charts too. I wonder if it makes a "W" bottom first before making a turnaround overall. Hmmmmm.
Good to know that you've dated her before (TTNP). You can tell me later about all her bad traits.
TTNP - Tickler... $.62
TTNP has been at this level for a month ($.60-$.63ish).
Watching it every day, Daily RSI rising. Price remaining around flat for the past month. The Full STO just turned down for the 3rd time at the same level. Since the 3rd time is the charm (well, after this 3rd time), I'm thinking that if it does move back down, it may drop to around mid .50's - upper .60's. If it hits $.52ish, IMO that might be worth taking.
I have to look into the catalysts, debt and learn about them still. Probably good reason their down here, but maybe it's time for turnaround? Haven't had time to check them out yet. I know Sheff posted something about it being one of his OTC's that he approves of.
Just my thoughts.
I only have the 5,000 shares at $.61. Am waiting for ACHN, ETRM, to rip a little so I can take some of that and move it into IGXT to double down. Will be wabbit hunting both IGXT and DARA for dips.
ACHN - Hopefully it'll start to rip today. If not and retraces a little, it has time and that's ok. They are expecting a release of the hold on their drug by the end of 1H of this year, among other catalysts.
May have limited connectivity today as I'll be out and about, so hopefully I can watch if volume picks up and it hits the target. Might set up a trailing stop.
Thanks for the reminder. Hoping for a Happy Friday.
Yeah. I got jumpy - couldn't wait. It happens (so says the wife). it may dip again to $.74ish or $.70. Either way, IMO that'll help solidify it.
Yeah, that's the short answer.
trust the pipeline and catalysts (no debt is awesome), and move off the chart. you said it easier, but Smurf gives me points for being verbose and whoever gets the most points gets free beer.