Do these picks usually fly? I have always wondered about how to screen for good day trading stock, dart in with a few grand and out after ten or twenty seconds for a small profit. If you catch the stock just before a break out it can work out well, last time SOMX ran I sold @ a 50% profit only to watch it rocket.. I darted in and out and made a thousand bucks in under ten seconds. I won't forget that moment, took my wife out for quite a fancy lunch that day.. (I have also lost a whack of cash trying the same idea) you have to catch the run in its early stages to profit, very dangerous buying into a gap up!
Anyways, I wish I could fast forward to the opening bell tomorrow and see what SOMX is up to. Its been very bullish, no one seems to be selling and the break out looks like a reality. I really like the fact that the run has begun so early, seems to indicate that the potential for a nice climb is greater.. GLTA
I definitely think your right. MNKD had a nice run up before the FDA approval date (although it was just delayed). But one never knows. CADX should be moving up but has stalled. I see no reason why that shouldn't pass FDA inspection. Its acetaminophen IV, which has passed in Europe and we use it orally everyday. So who can figure???