AVAX Technologies Inc (AVXT)

[Zilla]

I found PWRM after TTNP spiked.
I started looking for biotech stocks that were a few dollars years ago, but pennies now. I found a few and put 300.00 into about a dozen of them and watched. I then studied the companies pipelines and wanted different drugs for all kinds of different ailments. AVXT was also one of those purchases. I figured there was little down side .01-.03 but the upside?!?
I had a couple biotechs in the .20-.30's range go BK, but they still bounced so I was able to get my money back with committing more before the bounce. (ADLS is my current risk at that price) I'm lucky some would say. :P
The pattern I've noticed with both AVXT and PWRM, was a double on heavy volume and then they fell again about a month before they ran BIG. I'm not a chart reader, but I should learn because it would be another tool. I just watch and use psychology. Nobody likes to lose money and if enough people get stuck in a dead or dying stock, they'll create a run to get their money back. If I'm paying attention, then I can make money. I learned this from my LEH and WM BK's which I've made about 20,000.00 from and recently put my toes back in.
With health care changing I'm looking for products that the current adminstration would be likely to support. I think PWRM's tests will have support over a more costly procedure. However I could be wrong. Only time or the market will tell. Good trading to you. :)