Man what a long week. Alright so over the weekend I plan to analyze some of the stocks I have seen as the biggest movers recently. I will keep everyone posted on my findings so that everyone can look into them as well.
The first one that comes to mind is LPTN, seems like just yesterday LPTN was in the pennies... wait was it yesterday.. might as well have been considering a news article came out 2 days ago mentioning LPTN's spike to $2.15. That was over a dollar ago. Last week it was just above a dollar. Now LPTN looks all grown up and getting ready to leave home.
ACIA just doesn't seem to die huh? Perhaps the next google or amazon? This stock has gone from $28 dollars from May 18th to $108 recently.
CWEI is another that has enjoyed steady growth over the recent months. I haven't tracked this one as much but it definitely has shown performance.
I will have more as I go along. Also if you like shorting I am going to create a good short list. I am also going to look into biotech shorting as it just hit me. What is the fastest thing to drop after a failed drug test? (you can insert any joke you want here, i bypassed the joke as to not offend anyone:) EVOK, EARS and many others go down and a blaze of glory within seconds on a failed drug test. I am going to research what to look for in biotech that indicates trouble. We all know financials are a joke when it comes to biotech startups. Debt is innevitable when you hae a R&D company for 1-5 years with no product to sell.
However I am certain there are traits, or qualities or something that can help figure out what bios will work and which ones will fail. If a drug passes BOOM spike heaven. IF it fails, straight to hell. So if anyone has any knowledge about this please let me know. Anyways hope everyone made out good this week!
