Two stocks; CYTK and NVTL, both up about 100% this year without any real earth shaken news.
Is this D&P or something for real what happened just a warm up?
Time will tell. Today's close price CYTK $1.28, NVTL $2.62
Anyone took my advice move some profits to NVTL? You have chance sell CYTK 12+and buty NVTL low 3s.
Don't get me wrong, both CYTK and NYTL are good stocks. Nothing goes straight, timing is everything.
Now it's tricky time, I will let CYTK stabilize and focus on NVTL since it's trend has turned around. Sooner or later will move some $ from NVTL to CYTK.
Now is time to move some profits from NVTL to CYTK. CYTK 11.57, NVTL 3.96.
What a fun game.
BTW, if NVTL breaks 4, that would be another story. As I said before both stock have great potential. However clinical trial may fail but I cannot see slow down of the MiFi in the near future. "it is very popular" . A guy from verizon told me yesterday when I asked about the MiFI, interesting thing is that it went from almost unknow to very popular in relative short time. Compare the market cap and cash, cash burn rate, revenue, etc, NVTL risk is low. IMO
Time to take a look at NVTL
First CYTK after consolidation (to 1.03) is up big
And NVTL finally retreated to mid 3( Down couple of days )
No stock will up straight and stories for both stocks not change, no need to talk cytk potential, for NVTL, check out the potential market of MIFi
Timing is everything, next week good opportunity move some profits from cytk to nvtl. IMO
Today NVTL close at 3.51
Looks like CYTK almost done the consolidation .
NVTL up 6 or 7 days in a row. it is about time for pull back.
Talk about the potential, most here known much better about CYTK.
NVTL's potential is MIFI. wirelesses is the future and MIFI is the best hotspot.
Opportunity knocking the door, open the door !
CYTK also dorpped 400% without any earth shattering negative news. Everyone is waiting for news from the Phase IIb and Phase I trials. Time is neight for news to come -- probably this summer and autumn. The stock will rocket up or down based on the news.