Been patient on this one, waiting for new entry speculation. Keep in mind we could still see GDXJ & gold push to new levels toward late July approx. Usually these short term cycles last approx 2 months from lows to peaks. GDXJ likely would peak between now and early August since ti bottomed end of May.
We should get out 15+ in a few weeks easily on JDST. Low range a little possible yet to 6-7 on JDST before then.
.105 to .125... I'm happy with that trade... that's the only way to be in this thing. Less than a full day. Take 10-15%, etc, be happy, trade it again next day & milk it again
Over a week ago I personally traded out of PMBS @ .001 (11.1% profit), & I started a new position for re-entry @.0007. But my original premise stands, and I think PMBS should be accumulated.
Sometime in July. It is just a prep meeting for submission later, but it can be a catalyst for upside of the FDA gives them guidance to continue forward on schedule.
See below an excerpt from last qtr report:
"Preparations are well underway for our July meeting with the U.S. Food and Drug Administration to evaluate the potential for a pre-emergency use authorization (pre-EUA) submission for the Entolimod radiation countermeasure program"
I'm on sidelines... it is perilous.
My personal prospect is that NEWL gets hammered thru Thursday, then has a possible quick rebound after July 4 vacation is done (regardless of the worries about NASDAQ listing)
I think this company, hence stock is "junk" for investment, so I'm objectively honest about it. I just have found value here in day trading it.
Support last 3 days so far @ .23 level. It does have a decent chance for a move up from here to .35-.50, maybe more. Prior to the halt, it was awesome for day trade swings. Perhaps the halt shook up people and has less interest now and thus less volatility. But we shall see.
I'm still trying to decide if I should dive in @ .24.
Thanks for your input. i congratulate you on being able to reply with sensibility, unlike dwalk7779, who can't read or comprehend posts here!!
**I simply asked if anyone else is trading it... too bad some idiots here can;t understand that.