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Re: tobinator00 post# 39328

Friday, 08/02/2013 1:44:50 PM

Friday, August 02, 2013 1:44:50 PM

Post# of 68424
You are very close, it is alittle more to it then that. But same concept. Yes this trades identical to biotechs and the pattern points to news on wednesday give a day or two either way but yes something by friday at the latest. Wed was my guess based on the pattern and if this trades like biotech it will happen i did miss the 3.31 yesterday it hit today so that probably means my guess is a day off. I did not see the pattern earlier this year never thought about trying on this stock till about a month ago. And started to see the pattern develope and was shocked it may work on other stocks as well i will see. I jope the news hits by wed because i have to take out 45k cash to complete the two businesses i am buying. I hope we get back to 4 by then and i will still have skin in the game. I have already sold my other holdings and am stalling as long as i can on this one. I believe the news drives this exactly like the recent kerx trades. Kerx was not a fda approval though. I am buying two business with all the money i made in the market. All cash is nice when you are retired. Good luck and you have a great gift stick to the basics and believe in what you invested in and reevaluate when it goes south if you still see the same as when you bought. Patience is key