What is the latest short position here. Is it anything substantial? I just think NBS flies under a lot of people's radar ... for now. ;-)
Was so disappointed I didn't have more shares when we made the charge up the $8 hill yesterday. So, I'm thankful the market gave us the $7.40s again ... now, I'm FULL!
Onward and upward ... enough of this consolidation!
Saw that yesterday, doc ... it was very volatile for about 30 seconds. Overall, it reacted very positively in yesterday's market!
Hold and HOLD!!!
Absolutely true, kaden ... it shows whether the pre-mkt is sustainable (often is not) and the direction of overall market, as well. Most times, patience pays off!
Hang in there ... if you are able, you might want to add just a few (whatever you can afford to lose ... no margin) on dips. I think we had a lot of traders locking in some profits and computer trading in the biotechs, overall. I always know I have a winner when days like this don't bother me one bit and I can confidently add to my position. Although, I am getting a little top-heavy here! Will let it ride now, unless we get another silly buying opp before news!
Today was good for us ... shook out lots of weak hands, tested support level(s) once again and maintained in a TERRIBLE market, and I got to add more shares in the $5.50's!!
And, if you don't think UNIS being up big on a terrible tape won't catch the eye of traders/investors, you're not putting all the puzzle pieces together. That, and now if it can remain above $5 puts it in another tier of investability (is that a word?) as well as marginable?
Told you the "pragmatic" shorts were covering in the $4.70s under cover of the terrible market and high volume. I guess some thought they would be heroes!
Last one out is a rotten egg! This is fun to watch, isn't it?
Now, now ... don't push. One at a time thru the door!
Uh-oh ... market down 250+ and UNIS marching towards the high of the day? On HUGE volume? Pay attention shorty!
Check the IBB and the overall market. Oh wait ... you're right this is NBS specific! NOT!
And ... CLICK!
And, volume is declining ... MMs gonna have to get extra wiley or people will have to pay UP!
And, I suspect those shares are going into stronger hands!
Don't have unlimited resources, but I did add more today. Too many ducks lining up here to be ignored!