So what is the best play then? I was in DTO when oil was over 110 last summer and made big money there.( in @32 out @85) and there is a huge contango there. Money can be made here on oil too. I have never did that well with options. but this is starting to look like a easy double in the next 6-9 months. Thanks
I remember reading one of your posts a few months back stating that you sell every pop with small bios.well, I was out for the day with my wife when ETRM popped to 2.05 and by the time I saw it the next day it was under 1.40. I am bummed. I did sell my Arna shares for 6.20 when it popped a few weeks ago but bought most back too early @5.17...I am trying to learn. ETRM is so frustrating.. Hope you sold on the pop and are buying back today..
Thanks. Was it halted? I thought it would be much higher than this now. Guess I will just have to wait all in all great news and a gift @1.35!
Only 1.69 on the yahoo chart. That is all? How is that this is trading below 1.40? I thought we would see a solid 3-4 for the floor after FDA. This really sucks.
I was out the past few days goofing off and now I see we finally got approval and we sit at 1.38!!!! Are you kidding me! How high did this spike? I just can not believe it! I am so vexed!
Appreciate the input. I had been stuck for so long with a 6.18 average yesterday I sold half my shares @6.20 so I could the money to possibly average down as I did not feel the gains would hold. With the good new in the pipeline, I am not thinking this will fall under four dollars again.( but I sure could be wrong!)
Good reply Sauve9
What do you make of todays price action and how low do you think this might retrace to?
I did the same as you with 100 Jan 2.00 and lost it all.. I bought those when the stock dropped to a buck. Sometimes options work but for me most of the time, I lose. GLTU
Here is hoping we get a nod from the FDA and this pops to 4.00 next week!
Good news is coming..! This is a 5years growth stock that will make any long a huge return. 2015 will be the year for plug!
I asked my Doctor about Belvic too when I had my appointment last month and he said that he had only one patient on it and that the drug was just far too costly for most of his patients. 300.00 per month I believe. I wonder what the cost is for Contrave? I sold half my position today @6.20 so I will be able to average down if needed when this comes back down.