Made a note on this name, it was up .67, or 28%, in AH trading yesterday, to 3.01.
It hit a daily hi today of 3.75, and from there, straight down, closing at 2.36.
That makes me feel better, misery loves company!!
Now, I want to know why it was 3.75, and if it will get back there at any point this yr!!!
sold at 3.68, more happy hour money!!
Also, took the pull back as a chance to add a little HZNP and RTRX.
Wait and see, EGRX could end the day green, I have seen it move that much many times in the past...
I have been doing a small trade, now for the 4th time, buying IDRA under 3.60, and taking profits when I could.
I had a few K that were bot in 2 bunches, ave cost 3.50, sold yesterday at 3.70, held for a few days.
Bot back today at 3.56, trying to sell now for 3.68. Not as many shrs, I would have bot more had it gone lower, but it didn't.
Something to keep my eye off EGRX...but EGRX has always been volatile, so I try to not drink too much Maalox!!
saw on CNBC the slides about euro banks, followed by euro auto plays.
NNBR is a parts supplier, I hesitated when I saw it was up .85 already, he who hesitates is lost, it's up 1.33, or 5%, now.
I did all my selling last week, I was so proud of myself.
I only bot a little back on Mon and Tu, mostly adding back to positions I sold off.
I never thot the mkts would rebound so fast, so I am left with a LOT of cash, out of the mkt, and I only kept, for the most part, my "safe" stocks.
Congrats on the ALDR too! HZNP over 35 PM, it has been an amazing stock. I first bot HZNP at 9.80 in Aug last yr, sold them, bot back, so my oldest shrs were bot on 9/22 at 12.10, but I also have some I bot on 10/16 at 11.12.
You can see that HZNP went from 9.80 in Aug to 11.12 in Oct, then hardly got much over 12 thru the end of Dec. I was more patient that I am usually with it, and was rewarded. I need another HZNP!!!
I have a few cyber security stks.
Just now, CSCO bot a non-public cloud based security company, OpenDNS.
On Schwab, there's a news story that says the CYBR is on someone's watch for a takeout by CHKP.
I have a very small CYBR position.
EGRX off 7 yesterday, I added this AM, up 5.50 today.
ESPR off 4 yesterday, up 3 today.
Both going much higher, but who knows what the next few weeks will bring us, I may sell 1/2 the EGRX that I added.
I can't even tell you the number of times I owned NFLX, and sold it for a measly profit.
As far as I can tell, everyone pays them under 10/mo, and if they raised it to 12/mo, I don't think anyone would cancel.
So I bot, just 30 shrs to start...
You shd know my answer, I only like 3 kinds of bios, oncology, neurodegenerative disease, and rare disease. I hate pain mgmt, and migraines are pain mgmt.
Not that I would not trade any pain play, but I would not hold thru a downturn.
ant, I did LPCN more than once, buying in the low 6s and selling at 7 or so. I even got 8 at one time, I think. It has lingered for a long time.
Big issue is that FDA approving another testosterone product when they apparently have issues with the current products.
Whatever the issues, LPCN could be 20, or could languish at 6-8. For "slow trades", I like companies with real revenue.
gr8 call buying more HZNP, ed. I had bot more on Fri, didn't want any more just yet. But I would have wanted more if I knew it was going up so much!!
On the "small trade" front, I had bot and sold FOLD last Fri, making 55 cents/sh. Bot it back today, below where i bot on Fri...13.50/sh, will be 14+ in a day or 5. I have a lot of cash, seems like an easy trade...unless it goes down!!
No gold, or anything that is interest rate or currency related, too much uncertainty. Plus, there is no way the ECB doesn't have to print more money, no matter what the Greece outcome is.
Bios are strong, all healthcare is, bcse healthcare is not optional, in past recessions/sell offs, healthcare has outperformed. Remember that healthcare includes bio, but also the major drugs guys, hospitals, urgent care, health insurers, and a lot more than just bio.
If I had to throw money into the mkt right now, I would buy cyber security, the 4th is this weekend, shd anything happen (and who isn't concerned about that?), by next Monday that grp shd be up from where they are now.
Thus I bot a whopping 200 CYBR, which I am now down 35 cents/sh on, but I will hold that thru next Mon/Tue, unless I get a good pop.