With SCMP I am in a little rich, only 600 shares but $3 underwater. May add if it hits the 250 dma. I am invested in LCI since yesterday morning, good long term hold. Also been buying HZNP this week. KERX was one I had on my list but didn't execute today, darn. Am in AVXL huge (from .66), that's an amazing performer. IDRA has been pokey but am looking for it to come alive big time in Q4. It has started its run, you've done well there with your trading plan, congrats on your execution across the sector, good luck.
$17.03 is the 250 day moving average. I think it is racing to touch that before it turns back up. Many times it will happen on a big down day, and reverse the same day. Could happen on Tuesday next week (Monday is Columbus Day) is my guess, with the indexes being up 5 days in a row.
Hey guys, fighting a bit of boredom here, focusing on micromanagement today. I think my IDRA position goes back to positive this month, so get us to 3.20 and beyond! I have seen some good potential profits that I've never taken since owning this stock. Definitely a bipolar stock, and my basis is right in the middle of it's polarity, so I swing from gain to loss and back again, but I've never owned more shares than I do now. As time closes in on the known timing of our catalysts, this is likely the run we've all been waiting for, when it closes over $4.00 a share and keeps on running out and away from this channel we've been range bound in for the last year. Would be nice to see $6.00 or more as many have stated here. Amano7, are you weighing in?
The morning advance has held in the pattern of a bull flag which from what I know may portend another rise after the sideways consolidation in the horizontal flag pattern. I wouldn't normally focus on the daily but since the recent reversal to the upside, this move today back over $3 may have legs toward the session's end today. And if not, note that this is a bullish signal and I'm looking for positive here.
The sell off as a result of the CEO change was short lived, now BCLI has recaptured its mojo and should ramp up going into data announcement. Hope springs eternal, and for those patients with ALS, I pray that this be the treatment that prolongs their lives, and stops disease progression.
Dr. Hampel, hope so, his credibility in the industry is unsurpassed--anyone who hasn't watched him speak on Youtube is missing out on his significance as a new board member. Dr. Missling is a master, he couldn't have added a better guy to the BOD.
Duly noted, with good reason. Sentiment still is negative, or we would have shot out of the doldrums by now. This growth story has been shot down unfairly by a weak sector with the pile on by pundits and candidate HRC, who should be investigated for what most likely was complicity in some scheme developed by her buddies in hedge funds. It gives us a good period of accumulation space, knowing you don't have to rush in to buy.
"How to Invest in Biotech during the recent crisis" Mentions Horizon as one of two picks: "Shares of the biotechnology ETF, iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB), have lost more than 15 percent over the past three months.
The sector has been hard hit following a "drug pricing crisis," according to Irina Koffler of Mizuho Securities who initiated coverage of the sector.
Koffler named Allergan PLC (NYSE: AGN) and Horizon Pharma PLC (NASDAQ: HZNP) as her top two picks in the sector.
Irina Koffler noted that the industry will offer an "appropriate response" to the "growing drug pricing crisis." However, sector valuations will remain "under pressure" for at least another year."
Sentiment: Strong Buy
Congratulations on your timing and entry price. In before the catalysts and at lower prices than many of the most active ardent long term investors, without having the long waits and enormous volatility. In hindsight, your timing is fantastic as well as your entry.
From mid September we've had strong accumulation if you watch Chaiken Money Flow which measures each daily price movement and registers whether it closes above or below the mid point of the daily range. If it registers above the mid point that shows accumulation, or below distribution. IDRA hasn't been consistent in having accumulation, unlike AVXLD which has been mostly positive since March. IDRA's CMF rotates above and below the line, as we've seen the price fluctuate. The fact that we're now headed into the season of our catalysts and the fact that during the entire downdraft has been steadily and robustly accumulated is justification to stay invested in my book.
I added shares today twice, the last add was 17.28 so managed to get that right, looking for a sustained move back up, albeit in typical volatile fashion.
This downdraft is done in my opinion. We've been offered the low $16 prices these last three sessions but today's was a higher low. The accumulation continues if you see Chaiken Money Flow has been mostly positive since the first week in September. Now we can anticipate a run into earnings with positive expectations we should be over $20 by the ER call. I see the slow stochastic about to turn up and ADX hasn't been this low since May, so the turn is in process. That's my call, anyone care to comment?
Help me, Good discipline, waiting for the stock to come to you. I am full on in this one, not adding. same with IDRA as well, a nice come back today. Good luck.
My shares are due to arrive today and be uploaded to my account tonight. Today the volatility returned with that spike to $8.65 and subsequent drop back. Was a nice holiday having the absense of short sellers and traders. I expect a lot of the selling was traders taking profits. As quickly as this can run away from you on sentiment or news, I'm not trading my shares.
You're right, I was looking at this in the current time frame, but if you measure the year to date performance of the IBB versus IDRA, it's plain to see. We entered the year at one of the high points in the stock's history, at roughly $5.00 a share. If we can get back to that by end of Q4 we'll have broken even on a year to date basis. Maybe it's better to look at the 250 day moving average, which is 3.54. I am thinking we'll be well above that by year end, maybe as high as $6 a share. Most investors here are averaged lower than the historical highs, so getting back there would be a blessing. Clearly the stock has under-performed this year, so far.
It's a good list, and your intent was honest to help newer investors who just are getting grounded in the stock. No offense taken, thanks.
Oh, with one exception, this is like holding a leveraged version of the ETF, the percentage movements are practically a double of what you'd get with IBB.
Until news offers us some differentiation from the space, we are indiscriminately tied to the movements of IBB. The charts can be overlaid and daily movements mirror each other.
Oh, and of course, you. People can post what they want here, and it's up to the individual posters for them to determine who has credibility. Thanks but I'll decide for myself.
Yes, holding size is a double edged sword, when the stock goes up it's exhilarating, but when it goes down, especially below your basis, that's when you feel the pain in increasing doses. Does the pain exceed the joy? I had to bail on my sizable position here, now holding 5,000 and underwater at that.