Now I got in a long position Friday at $25.18 Yes, CLDX bandwagon momentum chasers called me "obnoxious" for disagreeing above 35. Bit the bullet all the way to 39 but able to ring cash register. But I did not resort to name calling, stayed with the valuation and chart formation issues. I have no prejudice on stocks one way or the other. Just try to stay unbiased to make the right trades. I am looking at easy 20% gain here.
Hey, sony... You still hanging onto this boiler room penny stock? How many times did I tell you not to over stay the welcome when it was over 35? Now too late to sell? I was bit too early to cover, but it's ok. I am sticking to my discipline. Moving on, never get married to stocks. Don't blame others... Market was looking for excuse to take the bubble out. You hear Warren Buffett blaming market condition on his losing position?
Stock halt on Monday.
I covered CLDX bit too early at $30.18 I have never been wrong, I covered it cause it will go higher. I picked up chunks of CLDX today at 25.18 I don't know what the hell they do but I am sure chart says something good. 30 something in no time.
This stock went up only 500% this year. I better back up my truck already.
Piece of advice. Best time to get out of of momentum stock is when you see the first sign of weakness.
Everyone is thinking "I never thought making money from stock market is this easy" It doesn't take a lot to ride the gain, but it takes greater discipline to take the money and walk away without looking back, separating boys from few chosen men.
Every time this stock rallies it goes back to where it started. It is just a matter of size of fluctuation. Bigger rally, bigger draw back. When you buy a stock at the top of vertical peak you better watch the tape very closely.
Weak longs are already shaken off the tree thru phrase 3 endurance trials. What we have here is bargain price and no overhead selling pressure from here. $35 will come sooner than you think. Inexperienced shorts will have rude awakening what it's like to short turbo charged biotech stock at oversold.
Don't pass judgment on others. We are all prostitutes one way or the other. Even without outside influence market efficiency will take care of itself, they are just harmless noise. Bottom line is can this stock support itself after vertical rally. Miracle can happen, we will see.
I have never seen 2 weeks of solid rally without pull back. If it happened 52 week low area, I would be looking for pull back to jump in. But it happened at 52 week high at over bought area RSI 85. Stock goes up when secondary offering is announced, P should sell secondary every 2 months to over take market cap of EXON. Orgy of non sense buyings happen at the top. Even the most optimistic guy with common sense will tell you this would be the beginning of the end.
Opening 28 Monday morning is not out of the question. Conservative stocks can lose 4 to 6% out of the gate but this high flyer on helium gas can open any where around 26 to 28
I agree sony. anyone buying above $25 thru hype is complete moron whatsoever. Rude awakening is coming
Path, is that how you use chart interpretation? If stock goes up looking good. If it goes down, looks bad. That is how most people got trapped above 35. CLDX's down lately has nothing to do with government shutdown. If this is about market condition why CLDX is under 25% off the top while index is high? CLDX was simply way ahead of itself and market efficiency is taking over at this time.
Long term? No one knows. But one thing I know is bull market is not over and CLDX is over sold. Not much selling overhead pressure from here, knowing thinking how high this thing can go.
Be careful my friend. If AAPL took days to steal half of your money, CLDX will steal half of your hard earned money in hours at the hype.
When apple hit $700 it's PE was less than 15 and it was own by at that time far more than 85% by smart funds. Besides, look again. 85% you're referring to gotta be individuals from mental institution.
sony. it makes me "idiot" cause I disagree you at the time of S&P future is to drop like a rock after CLDX made a vertical rally. I warned you few days ago about this stock. Blinded by the greed, you chose to look only number 40. Nothing else mattered. You are angry at me because you didn't take my advice....... Sad You are a very feeble, emotional guy, sony.... any teenage girl without high school diploma would make better trader/investor than you.
Hope you learn this time, but I doubt it.