Seems like everyday this stock is testing 18 or 19 cents. The time is coming when more and more shares will be sold at 19 cents and then 18 cents. I have found another pharma stock that has moved up nicely the last 2 days after being run down for about a week waiting for an announcement. That stock is TTNP. I bought in the mid $1.80's yesterday and when they announce that the advisory meeting date has been approved for sometime in mid/late March, this stock will go back up to the $2.35-$2.40 level it was at before. TTNP, with the way the FDA is approving drugs these days, should have no problem getting approval on or before April 30th. I am playing TTNP and by the time TTNP gets approval on or before April 30th, ONCS should be down under 18 cents. I will be back in ONCS by May at 14-16 cents for the next move up. I am also holding NAVB and DCTH but the problem with both of those stocks is that their FDA dates are April 30th (NAVB) and June 14th (DCTH) I got out of PATH at $3.80 and the rest at $3.71 because the "HYPE" of FDA approval was over and their is just too much competition in the headache area. I believe TTNP will get a 20%-25% move when they announce the ADCOM date and when they get a 80% ADCOM panel approval rating, TTNP could jump from $2.35 up to $3.00. From $1.97, where it is today, that is about a 50% move upward and take the money and run. Expect a pullback the closer you get to April 30th and buy those shares back because TTNP will get approval and be HYPED up to $3.75-$4.00. I am stuck with the NAVB shares now. I have traded them in the $3.35-$3.40 range and mistakenly bought them back on options expiration day at $3.07 when I could have gotten them back at $2.95 easily but when you sell and buy something back 30 cents cheaper, I should not be complaining. I will be trading DCTH when they get their pre-FDA run up in March/April and then buy them back in late May or early June when the price is brought back down again. Most pharma stocks are manipulated before the actually FDA approval/denial date. I have seen this pattern many times and they continue to happen so why shouldn't I take advantage.
Anyone on these message boards that says they are always right is a liar. Most people in the stock market lose money so how does everyone on these message boards make money. It takes a long time and a real man to admit that he can not beat these #$%$s that control the market. I have been involved in these pharma stocks for a few years now . What I have found out is you only have to be correcy about 30%-35% of the time to make money. I have been pretty lucky thinking like a #$%$. Pharma stocks are trading stocks not holding stocks. Look at the pharma stocks I have been in and holding has never been a winner. I bought SOMX at $2.80 and sold at $6.90 and the stock went to $10 the next day. NO CONTRACT and NO PARTNER, the stock dropped down to 50 cents.
I got in ARNA at $2.80 and sold 75% at $6.95 and 25% when it hit $10.00 now it is hovering around $8.00. I should have sold AEZS when I bought it at $1.45 and it went to $2.30 the day before they announced their drug was a complete failure and was lucky to get out at 91 cents. When you can get a 100%, 200% or sometimes a 300% gain in a pharma stock that becomes a winner and only lose 50% when you pick a loser, you don't have to pick too many winners to make a profit. I have picked 3 out of 4 and have 3 going right now You have to be picky because there are a lot to choose from. The three I have going now (NAVB, DCTH, and TTNP) could all get FDA approval but what will the price do after approval is the question I think NAVB is a lock for approval and TTNP and DCTH are questionable but will be good trading stocks going into the approval and ADCOM votes.
Who the hell gives a rats #$%$ about your life history of buying and selling stocks. You are SO full of yourself, that it is very obvious you have no friends and you need to tell this MB your #$%$. Get a life will you!