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.
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.
Should be a strong rally in the stock shortly. Good luck!
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.
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.
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!
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!
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.
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.