|
Post by maxi on Sept 10, 2013 18:50:19 GMT -5
I am starting this because I am hopeful others might get interested and help follow Biotechs. Today I just happened across GALT I quit looking at it last year when it fell again to around 1.60. And reverse split 6/1...... TODAY is it is 8.57. It did not get there all in one day. But today it did rise 15%.
All that aside I want to mention that I hold some SNTA and ATOS. I bought some ATOS the other day because it was just above it's 52 week low and had been "doing nothing" for a few weeks. That was at 4.60 Today it is 5.20 and rising.
SNTA I bought at 5.67 and sold at 6.49 or so.... I bought back only a small amount at 6.60 and felt stupid but I SHOULD have done my usual and bought when it fell. Because they just came out with a conference call ( not an earnings call) and at least after hours the bid is 20 cents higher than the close....
Yes I still have STEM. Bane of my existence. CUR would have been a better trade but I think STEM has better science.
So there yah have it.
|
|
|
Post by novie08 on Sept 10, 2013 19:09:27 GMT -5
Still holding ARNA at a hefty loss, thank goodness my pos is relatively small. Let me know what you think of PGNX, chart could be forming a cup w/handle OR double top. Also see a huge gap down from 10.80 last August.
|
|
|
Post by maxi on Sept 11, 2013 12:23:53 GMT -5
I just gracefully stopped out dead even on SNTA. Looking for better entry. It is a tuffy since it has 55% short....
|
|
|
Post by maxi on Sept 11, 2013 13:19:25 GMT -5
BEST BIOTECH STORY OF THE WEEK!
Apparently 2 days ago someone called Cramer on the Lightening Round about AVNR. He said is was a great stock. It promptly lost 30% over the next 2 days!
|
|
|
Post by PoorHomey on Sept 18, 2013 9:00:26 GMT -5
ATOS +50%
I was actually watching it before the open too when it was +20%
|
|
|
Post by maxi on Sept 18, 2013 15:47:16 GMT -5
And back down. This is THE strangest trading thing i have ever seen. Ended +20% Thing is MEN are mouthing off about a breast health diagnostic tool. What the hell do men know about women's health? Or what women will ask for. My personal guess with this company ( especially knowing who the CEO is) is that it will get sold for a nice profit in the next year.... In the mean time I will buy more when I think it is at a stupid price again.....
ATOS just secured a contract with McKesson to distribute one of their tests.
|
|
|
Post by maxi on Sept 18, 2013 15:48:01 GMT -5
Bought CYTR. Beginner position.
|
|
|
Post by maxi on Sept 18, 2013 15:48:45 GMT -5
Toying with the idea of OXGN as well....
|
|
|
Post by maxi on Sept 18, 2013 15:53:39 GMT -5
Forgot to mention I bought GALE at 1.90
|
|
|
Post by birthmark on Sept 18, 2013 16:40:51 GMT -5
Thanks for this thread Maxie. I may grab some GALE. Haven't noticed it lately. Thanks for bringing it to my attention. Also why do you like OXGN?
GL
|
|
|
Post by birthmark on Sept 18, 2013 16:42:00 GMT -5
Meaning after it jumped today? Why not wait?
|
|
|
Post by maxi on Sept 18, 2013 19:31:04 GMT -5
Meaning after it jumped today? Why not wait? I am not sure about OXGN at all. That's why I said toying with the idea of it. It has so much debt it is just ridiculous. And they are in the same damn field as 10 - 20 other micro cap bios. So they will have to do something pretty spectacular for me to get interested again. I don't really care to trade bios short term anymore. So I try to find ones that have nice long bases but haven't matured too much either. GALE i like because the only reason it fell is that it diluted again. Depending on how I feel and what is going on with it I may sell sooner than later. But I see no reason it should not recover to a minimum of 2.30 ish over the next few weeks.... Oh and if I understood the filing about the warrants correctly it looks like the warrant holders can exercise and then sell around 2.50....
|
|
|
Post by maxi on Sept 19, 2013 14:17:12 GMT -5
A nice, calm and respectable lady went into the Pharmacy, walked up to the Pharmacist, looked straight into his eyes, and said, "I'd like to buy some cyanide." The Pharmacist asked, "Why in the world do you need cyanide?" The lady replied, "I need it to poison my husband." The Pharmacist's eyes grew big and he explained, "Lord have mercy! I can't give you cyanide to kill your husband, that's against the law! I'll lose my license! They'll throw both of us in jail! All kinds of bad things will happen. Absolutely not! You CANNOT have any cyanide!" The lady reached into her purse and pulled out a picture of her husband in bed with the Pharmacist's wife. The Pharmacist looked at the picture and said, "You didn't tell me you had a prescription."
|
|
|
Post by huh on Sept 19, 2013 14:31:15 GMT -5
LOL
|
|
|
Post by maxi on Sept 20, 2013 18:21:19 GMT -5
Still holding ARNA at a hefty loss, thank goodness my pos is relatively small. Let me know what you think of PGNX, chart could be forming a cup w/handle OR double top. Also see a huge gap down from 10.80 last August. More to ARNA than just fat! linkThat website isn't half bad for news....
|
|
|
Post by maxi on Sept 22, 2013 13:10:51 GMT -5
Forgot to mention I bought GALE at 1.90 linkyowa Hakko Kirin and its subsidiaries have the rights for Abstral in all markets except the US, where the rights are held by Galena Biopharma, Inc. In Japan, Abstral will be distributed jointly by Kyowa Hakko Kirin and Hisamitsu Pharmaceutical Co., Inc. The two companies are well established in the field of treatment of cancer pain. Kyowa Hakko Kirin and Hisamitsu Pharmaceutical are jointly selling Fentos® Tape (fentanyl citrate transdermal absorption product) since June 2010. - See more at: www.businesswire.com/news/rxtimes/20130920005194/en/Orexo-announces-approval-Abstral%C2%AE-Japan#sthash.ZIdqSMyk.dpuf
|
|
|
Post by maxi on Sept 23, 2013 16:04:13 GMT -5
Bought CYTR. Beginner position. This one is up 11.55% today. GALE back to where it started pretty much. STEM stinks plain and simple. Which of course means it is close to being time to buy it again. ( only if you didn't own a ton already!)
|
|
|
Post by maxi on Sept 24, 2013 18:31:35 GMT -5
So of course STEM ran up 8% or so today. GALE still stinks. ATOS moving a bit. CYTR ran up fell back ended up a nickel. I hit my personal all time high this morning. The "plan" is working....
|
|
|
Post by nats on Sept 24, 2013 19:57:49 GMT -5
So of course STEM ran up 8% or so today. GALE still stinks. ATOS moving a bit. CYTR ran up fell back ended up a nickel. I hit my personal all time high this morning. The "plan" is working.... That's exciting and inspiring, Maxi, and here's wishing you continued success!
|
|
|
Post by maxi on Sept 26, 2013 18:29:02 GMT -5
Sold all my GALE 8.5% for and all my CYTR for 22%.... maybe too early but ....... bclund.com/2013/09/08/it-all-ends-badly/IT ALL ENDS BADLY Posted by Brian Lund in Trading September 8, 2013 A lot of things in life end badly. They just do. First trips to Vegas. Housing bubbles. Crab and chili omelets (trust me on this one). And this market. This market is very forgiving. What I mean by this is that for the most part timing and stock selection have been irrelevant in the current environment. Sure, if you want to maximize your return and out perform the indexes you still have to do your homework, but coming to school unprepared will not be punished in the way that it traditionally has been. And this is not how markets are meant to behave. Markets are designed to hurt you; and hurt you bad. To seek out those that come to the game the least prepared, with the least flexibility, and with the most emotions, and then to beat their asses so bad that not only do they swear off equites for a generation, but that they become anti-proselytes for participation in the markets. And that’s just not happening right now. This market, which I have dubbed the “Gift Market,” just keeps giving gifts, no matter what you do. Buy every dip, get a gift. Buy without regard to technicals, get a gift. Buy without any risk based methodology, get a friggin’ gift. The gift is that everything keeps moving up. Getting the desired results is too easy right now and it is lulling a lot of people into thinking that they know what they are doing. It’s like going out on the town to get loose, and drinking lemon drops all night. They taste great and go down so smooth, which relaxes you and gives you a false sense of being in control. You feel like you could just drink them all night long. And it’s all good until it isn’t; when you find yourself hugging the porcelain God, as the last thought that goes through your head before passing out on the linoleum floor is “I am going to be so hung over tomorrow.” There are a lot of market hangovers coming in the future. When that future is is anybody’s guess; six months, a year, two years? Nobody really knows, and the debate as to when it will happen or why it will or won’t happen is just noise. History has shown us time and time again that it will happen, and the only discussion worth having about it is the one that starts with “am I at risk,” and ends with “how can I eliminate that risk.” I’m the dick that tells you that you are at risk. I seem like a dick because that is a downer message, and right now everything is so rosy. Markets always go up, to the sky in fact. Fortunes can be made with little effort, retirements will come early, jobs will be quit to ride this wonderous bull market to its zenith. In fact, this isn’t even a bull market….it’s a magical unicorn market. No, a Pegasus market; that’s the one with wings, right? Wait, wait, this is a winged unicorn Pegasus market, jetting to nirvana as rainbows shoot out of its ass. But at some point My Little Pony is going to come crashing down to Earth, breaking it’s back in the process. And as it lies convulsing in its death throes, with flocks of whatever those flying things in Pitch Black were, waiting to strip it to the bones, you are going to wonder what hit you. And no Vin Diesel looking mother fucker is going to save you. But fear not, you still have time to prepare for this inevitability. Push my dickness aside for just a moment and listen the message I am going to tell you. You have to use objective criteria to get you into the positions you take, but more importantly, you have to use that same objective criteria to know why and when to get out of positions. Put plainly, make sure you are trading and/or investing with a methodology. It will be a bit painful at times in this market, using an objective methodology. It will often take you out positions that will then reverse and move up. Your friends who are investing by the seat of their pants will laugh at you, flaunting the fact that they are still in their positions and that they are “killing it.” Pay them no mind, because he who laughs last, laughs loudest bitches. When this ride ends, and believe me, it will end, and badly, your methodology will take you out of the market, preserving the lion’s share of your gains. You pals will continue to invest, buying more on the way down, waiting for the market to give them yet another gift. And when that gift is not forthcoming they will blow their accounts up. For more on killing it in the market and then losing everything because you don’t have a methodology, read I’m A Lawyer, No, I’m A Trader, Damn, I’m A Lawyer Again and The Importance Of A Trading Method, Or What Not To Do In Vegas After Getting Shitty Drunk.
|
|