i hate to be a party popper but be careful. cytk will pullback faster than you can blink. I had 30,000 shares and burnt my fingers. Buying at $1.40 is financial suicide in the short run. Size your holdings carefully. If you catch her at $1.20 which she will do once this news subsides then buy more. TTHI, STML, CMRX are my favs....cytk for the future
Hi Friend...I like ACRX on a pullback....it will hit twenty by December...Read up on it....They have come up with a way to deliver anesthesia through a sublingual tablet. Administering the meds under the tongue is prefered for older folks or multiple surgery patients whose vein collapse....New awesome solution to an old problem surgeons have been frustrated with for many years.....Also I wanted to see if you Have ever read IBD...Investors Business daily...You can pick it up at your local grocery store....His entries are a little conservative...but he stresses some really important things...like watching a break in general trend of let's say the S&P.....teaches you about watching for institutional buying and selling. He provides an excellent structured set of buying and selling rules...He combines technical analysis and fundamental and rates stocks on institutional buying, with multiple positive earnings reports, etc. I hope your dreams come true...and you kick some butt....good luck...Also with the amount you are working with, it would be advisable to trade the seamless platform at Interactive Brokers....$1.00 a trade with $10,000 minimum margin requirement . Many pros use this platform...Johnny
Thanks guys. I have loaded up on CYTK at around $1.4. I am riding this baby till it hits $9 :) or better yet $13. With Amgen on the side, this just gets better. So, you know how many shares I have, 35k. I will be checking in from time to time. Btw, I will keep tab of the other stocks you mentioned as well.
Sentiment: Strong Buy
Assuming the $50k is only 5% of your portfolio, I would take a ride on CTKY. Otherwise, calculate the value of the 5% and apply that portion to CTKY. Use the remained on ORCL, SRDL and BP (1/3 on each) and you will likely earn 20% to 40% on your investment between now and year end counting dividends. Pleased do your DD
Sentiment: Strong Buy
Amgen just put its money where its eyes have seen the results with 10M to buy in common stock with phase iib results due... just think this will be a $2+ stock in short term and $4 long term.
Also a bare min of 10-15% in Smith and Wesson with record Q report due by 6/25
TSRX is a little high but it will definitely be in the $12-$14 range.
Spec buy but AGEN has a lot of clinical trial results due and is partnered with several major pharma companies