Thanks WSD, Yes. Wish more were like you with the mindset of investing. They are well managed so once this oil rout ends we will be on an uptrend. All the best.
I sold half my position on Friday @ 8.25. For your edification yesterday was Sunday so that clarifies your knowledge of events. I have traded this stock for years. These large trades I made now are banked and locked in. Either way I can't lose. If it goes higher I trade the new range. If it falls you lose. Retail bagholders happened the last time this went to the 10-13. range. Maybe you never heard of a secondary.
No way leaving this on the table. Banked another huge 18% day gain. This is the best stock to trade! Has to fill the gap market and stock will soon feel the weight of its gain. Probable pullback will trade the new range.
You have a Nice position WSD. They are the best of breed. Have to look past the manipulation of the hedge funds.
Just bought back in myself today. Last time over a week ago it rallied near 7 after a similar sell-off. Good re-entry. Good luck!
Should be a strong rally in the stock shortly. Good luck!
Remember aammama, golden rule of trading never get emotional about a stock. I have been trading and complimenting Evok when this board was silent for a year after the last selloff from 13. Nothing personal its about making and preserving money. Why give it back? Look at what happened to Rand. Evok will also have to fill the gap not to mention the probable secondary their finance department will most likely recommend in a press release pre or after market, then as usual you can't get out.
You are right Rand. I probably sold Evok to you at 10 back then. Just kidding. Evok was trading wildly up to 13 in those days and the big guys buying today will play their games again. The past month has been one of the better swing trades along with a few other bio and techs I'm trading. Always best to trade to use a baseball analogy hit the doubles and triples over and over and you will make more over time waiting for the fleeting home run. I kept some Evok but traded into this 19 % move today. I hate giving it back. Their low cash position is a concern and a secondary will sink this several points.
NRX was a perfect example. Was in a phase 3 shot to 17 on the news and sold off fast when they needed cash. I sold it at 14 but the ones that held, now regret the fast drop back to 2 dollars. Reality is you can never trust any stock or market. Just look at Brexit. Good luck!
Banked profits over and over buying the pullbacks selling near the highs. Great stock on an upward trend. Had to bank 18% day gain too risky to give back. Only cause of concern at this price point is the issuance of a secondary due to their very low cash status.
Once the press release hits this will be up 50%. Nice percentage of shorts here soon to be trapped.
Sentiment: Strong Buy
Great post! We may get an announcement regarding results soon.
Now have a nice cushion. Nice two day rally almost back to the 7 dollar price I sold during last pop. This is great!
Only safe way is to trade. Would like to just buy and hold but reality is you can Never trust any stock or the market. Go for the doubles and triples as a baseball analogy. Lock in gains so won't be lost.
May be historic
Hate to give the gains back with the usual manipulation of the market makers. Trading this one too many years. The only slight worry as someone mentioned last week is if they dilute and raise money with a secondary offering since they will soon need more cash.
The CEO If I remember has a great track record. I think he may have a collaboration or a buy out lined up upon announcement. They won't dilute. I have been here myself trading in and out over the years. Now no way I would risk trading since the news will probably come overnight and leave me behind. This is a diamond, a true winner.
In a few weeks FDA approval should bring this to anywhere from 16-24 range. Could go 30-40 range so hard to tell with this small float.
Sentiment: Strong Buy
Yes. I have been holding for a while after some time of trading and locking in gains. I am waiting for FDA approval which I imagine will be in weeks or at most a few months now. Should go to 18-24 range upon announcement. Tempted but will not trade again until we are approved.
Sentiment: Strong Buy