Sold both my RF (RSI 77) and KEY (RSI 75) for small gains and bought some PCTI near the close. Both RF&KEY have large oil exposure according to a Reuters article out today which helped in making my decision. Commandor doesn't your philosophy of taking gains on high RSI stocks run counter to IBD which believes one should buy strength?
Sell the news...watch biotech stocks participating in ASCO this year. They will run up to the Friday before presentation than drop.
Anyone else notice how JASN moves up during the day only to sell off in the last hour. If that late day seller ever stops we should be ready for take off. Maybe now with the start of a new quarter.
Radar "won't engage" but stalks me to this board. My contention with him on the HTBX board is that a stock that adds 9M shares in a offering and possibly another 6M shares in warrants is no longer a low float stock. He thinks otherwise. I also
find it amusing that Radar corrects Tyrep on a typo and proceeds to use the word "won't" in the same post.
I did the same in adding to my KTCC position under $7 also...Congrats on your DLHC, KPTI and CNAT trades I'm guessing you did pretty well on them. Just curious as to why you sold?
Might contest worst performer HTBX be a buy...they just did a dilutive offering at .75c where a board member picked up $675T worth. Good Luck
"FYI ,I'm done with you"...I'm glad you conceded the argument that HTBX is a low float stock because it only made you look foolish. BTW my comparable stock which is truly a low float stock NAII has $3.48 CPS not .29c like you referenced. Let's get it straight.
Radar so not only are you a Hypocrite criticizing a poster for calling names than proceeding to name calling but you are also a Stalker following me on the MCZ message board...pathetic really. Oh in answer to your stupid question NAII which BTW is a low float biotech sock and a much better investment IMHO.