Ned's Watchlist and Catalysts:
- DRTX 5/26 PDUFA (12-0 Positive Adcom vote). $heff play, Bob Stocks play and went from $14 to $17 on ADCOM vote, then back to...oh $14. lookie that. I'll take a move back to $17ish :). Am going to play the options on this one as it gets closer. How can you not like a 12-0 ADCOM vote? IMO, the only question on this one is, how much of the price is baked in, assuming people believe it will be approved and it ran up in the last 6 months, it did come back down with the sector. Am waiting - Still a few weeks away.
- NAVB 6/16 PDUFA - Nearing/At double bottom on Daily chart to the $1.30ish area. It's still over a month away - I'll wait until MACD looks to be crossing over, and until I see some type of RSI divergence compared to price. NAVB getting killed last day or so on new shelf filing paperwork. Company states that filing is only necessary because the old one is expiring and that they do not plan to use it at the moment.
- ETRM 6/17 - ADCOM - Over 5 weeks away - like NAVB, no hurry. I'm going to wait until it falls to lower Bollinger Band ($1.50ish) and the Full Stochastics nears oversold (20ish). People will start to enter this again soon. Just a matter of when. No hurry if I miss it. I may see if it falls to fill the gap around $1.37ish.
- CYTR - I need to research the catalysts, but the hoo-ha about the Dream Team promotion gone bad and the bio sector slammed it. RSI divergence is happening on the Daily (RSI sloping up - Price not following). May wait until it fills the gap around $2.60.
Others watching: ADMP, MSTX, NVAX, GEVO. Will finally get around to running my scans that did me well months ago.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
