Every heard of XOMA? Was reading tonite that stock plus ARWR has been invested bigtime by the Baker Bros. Plus reading their board tonite, I see that they will be having a stock offering, which should be a 10% reduction in current price, which was 5.08 after hours( down .58 cents). Just wondering
Hi Wyatt: Thanks for those stocks to watch. Not much into Dividends stocks right now. On my free stock situation. I put that money aside, and bought a new position w/average cost of 7.70. Might sound strange, but if we are in the business to make money. we should also take some. I try to take 18K when ever I can. Jan3rd I will withdraw that amount from my IRA, otherwise I will spend it back or give it back lol. I did make a quick 700 this early AM(in 10 mins) on SRPT. It was on fire this morning. and is still bouncing around( 2.90 up as I write). I have been in and out of that stock and made good $$.Holding tight on ARWR, but still a seller if it moves up quickly on a given day. I am never going to be in for the big pay day. but the middle is what I like. Best of Luck with your trading. Luck to all longs, screw any short
KOG,OME,SRPT,GTAT,ETC. Only one person a guy/gal has to answer to, beside his/her betterhalf, is the person behind the puter. If other don't like that, so be it. Luck to you and all longs. Screw the shorts lol
I respect what your doing. See nothing wrong with it at all. I don't hold stocks forever, but not a day trader. I hold about 2800 free shares now in this stock. First time I have every been able to do that. Right now my position break even price is 7.70. If it rises to 9 again I will take 1/2 off. Never like to go over the same ground twice unless its for a profit. Just wondering what other stocks your watching now. I am in UPL and LNG. and dabble in MCP
I am never going to catch a top or a big move, but I sure have hit bottom a few times.(lol. If I can catch the middle 60% that would be wonderful. But no one knows that until much later in the game. I never like to go over the same ground twice, if I can help it. You know, Wash, Rinse, Repeat. so in that case I agree with Wyatt. Never fall in love with a stock, but I am not a penny flipper. If I can make a 1000 bucks on a stock I will sell 1/2. and buy more if it fall back, and if continues to move up, I will enjoy the ride. Every medical stock is a big risk.. Look at ALNY or SRPT, Only tomorrow will you know what you wish you knew today. JMO My broker a few years back gave me Enron (Morgan Stanley)
After reading the last two post, all I can say, is that we are not going to be staying in the 7's for much longer. Who is right, Who is wrong, only time will tell, but lets get this train moving.(An a jet if your prefer lol) Then there is Wyatt who states we are going to retrace to 6+. My o My..This is going to be interesting. All I know for sure, I have been buying at 7.11(my lucky number) for a week. JMO Luck to all long, and soon to be longs.
Many purchased in the $8+ range and have LARGE losses and many will want to match that with other profits to reduce their tax liability.
I would think those that are worried about end of the year tax loss/gains, would have been smart enough, as you have pointed out, its only phase 1, would have sold in the high 8's. The other thought is that those that bought, plan on staying with the mother ship. As you point out if it could go to 6, then it could go to 4 or 5. Who knows. I just know from the charts that the CMF is holding, and we are close to crossing the Macd. We are building a nice flag(bull I hope), and when it breaks its going to move one way or the other. I would like to think UPPPPP.. Like I posted earlier, Risk $1 down, Reward $$$$ up. Wouldn't want to miss a big move for .75 cents. You could have gotten in @ $6.91 this morning. Largest sell I saw on Level today was 2K at 7.50 Luck to all longs, and those buying soon. JMO (That an 2 buck will get you a cup of coffee, or a cold beer for .50 cents more.)
How much do you want for them?? How about a 10% discount between friends. Let me know. Take up to 10K off your hands.
By the way, welcome back Wyatt. Haven't seen you for about a week. Thought you had moved on. Or maybe your the quiet type lol Nice to see ya.
I watch Level 2 daily. Right now, and has been for the last week, alot more buys then sells. If they are selling, they are selling low number of shares daily. I am sure you guys all have level 2. Right now their is a buy for 3100, and the biggest sell is 600. JMO