Toggle sidebar

The stock market thread.

Status
Not open for further replies.
montreal said:
Well it was extremely oversold on earnings which weren't bad to begin with. It broke a key support level but had some good news as they should be announcing a big order with London, NY and LAPD as well as working on a deal with the UN as the CEO has been in France a few weeks ago to work on a deal with the UN. This was trading at 36 when they had a good earnings report but said that the 3rd quarter would be more or less the same as the 2nd and since then it's been getting hammered. It has a large short position that got burned bad when this moved from the 10 dollar range through the 20's and into the mid 30's.



what bio's, I am heavy into bio's as I have been buying them up left and right since August. I've done a ton of research on the sector over the past 2 years so I might be able to shed some light on things depending on if they are ones I own, have owned or track.
Click to expand...

Thanks for the thoughts! I appreciate any input.

MACK & AFMD - had a half dozen or so moves for these in Oct. that yielded from 500-1500 in profits with 10-40 cent increases. These aren't so bad right now but I did expect they'd have gone up by now. From what I see, most feel they have a positive outlook next month. I haven't got too much into them and they're not losing too much yet, so I can sit.



IMMY - this one has given me similar success with similar moves, but not as frequently. I bought in at 7.29 when that was looking to be/be close to the support line. I was looking for anywhere into the 8s but it lost instead. I didn't put a stop on it because I thought it may come back up as quickly as it dropped, but it just kept dropping and is now into the 5s. This one has lost me over 2x what the other two combined have.


My non-bio killer, CAR (Avis), was just a stupid buy at the time. Since it bottomed it's been doing well, but I still have a ways to go to earn what I lost. It dropped to low 50s and I bet on it going up a dollar or so. It dropped 10 :help: Another case of not putting a stop on it because it appeared volatile enough in both directions to not worry. So much for that!
 
montreal said:
Almost bought in some SUNE yesterday at 2.87, not sure if it's a smart move but down from 30's and the balance sheet is a bit of mess but thought it would bounce today. Oh well maybe it will drop tomorrow or Friday and maybe I'll pick up a few hundred shares.
Click to expand...

Back to 2.86, are you going to try and catch a bounce?

I'm not that risk averse personally.

BTW thanks again for the idea on SKX I chased it yesterday am and it was an excellent decision, I usually try to not chase stocks after a big bounce but I had a good feeling it was going to keep going based on your input and the chart, will stay in for a while now. Do you just hold it until it reaches your target or do you usually sell some after the big bounces, I'm thinking I'll hold until at least 40.
 
Last edited:
Ozz said:
Thanks for the thoughts! I appreciate any input.

MACK & AFMD - had a half dozen or so moves for these in Oct. that yielded from 500-1500 in profits with 10-40 cent increases. These aren't so bad right now but I did expect they'd have gone up by now. From what I see, most feel they have a positive outlook next month. I haven't got too much into them and they're not losing too much yet, so I can sit.

IMMY - this one has given me similar success with similar moves, but not as frequently. I bought in at 7.29 when that was looking to be/be close to the support line. I was looking for anywhere into the 8s but it lost instead. I didn't put a stop on it because I thought it may come back up as quickly as it dropped, but it just kept dropping and is now into the 5s. This one has lost me over 2x what the other two combined have.
Click to expand...

I own MACK and have been in and out of it a couple times. Very disappointed in the black box label, went through it with ARIA and got out too soon with only small profits although it's never really done much since but I had a lot at the time at a really good price (mid 4's to 6). I just bought back in on Friday but I'm thinking of dumping it as I have a few others that I like more but I'm waiting on the price to drop to the range I want. I do think there is upside at this level I just don't know if it's going to trade sideways for too long say 8 to 11 range. I don't have that much as my last buy I only bought 300 shares just trying to catch a little bounce. Will keep an eye on it though if I get it out as I got to think it will be in the 20's at some down the road I just don't know how long of a wait.

AFMD isn't one I track but I just added it to my list as it has some interesting qualities so I want to do some more research. The chart though would have me concerned if it doesn't hold the support at 6. I'd keep a close eye on it although we could have some overall factors in the coming days that could impact the entire sector. There's the possible Pfizer deal at 150 Billion, if that goes through it might trigger more M&A. Tomorrow we should get some info from the FDA on BRMN's drug which also means SRPT and PTCT could be impacted but I've heard talk that if it goes well these guys are going to be in high demand and could cause a jump in the sector unless it goes the other way. There's also the news from United Healthcare which may get out of Obamacare and that is something to keep an eye on if any others join them and then what it could mean to the healthcare sector overall.

I don't know IMMY, I know the chart is troubling now that it's broken support. I have a few that I'm getting hit hard on but it's always a tough call to stick with possible more losses, cut and run or double down. Several of the bio's I had that got hit hard I added more when I saw a price that I liked. It worked well on most but not all which just put me down further. Since overall I think the bio-tech sector is due for a turnaround I'm holding my dogs with fleas but I am very concerned about how the president race starts shaping up by the Spring so I'm hoping that I can take some major profits before then in case Clinton gets in and goes after bio's again.

Galchenyuksnipes said:
Back to 2.86, are you going to try and catch a bounce?

I'm not that risk averse personally.

BTW thanks again for the idea on SKX I chased it yesterday am and it was an excellent decision, I usually try to not chase stocks after a big bounce but I had a good feeling it was going to keep going based on your input and the chart, will stay in for a while now. Do you just hold it until it reaches your target or do you usually sell some after the big bounces, I'm thinking I'll hold until at least 40.
Click to expand...

In the case of SKX like TASR when I feel they have big upside, I don't get in and out. I don't have a ton of SKX but with the quarter they just had I'm going to sit on these shares till 40's or 50's however long it takes. TASR I have much bigger position in but I will hold that likely a very long time, might take some profits in the 40's depending on how it's trading.

Other times I look at what the market is telling me, if I feel I need to get out early I will. Since I buy different things for different reasons it's more like a case by case basis.

As for SUNE I will hold off for now and see how it trades the next few days although tomorrow is options expiration so if it gets hit hard enough I might pick up some at the end of the day. I would only buy a small amount either way.
 
montreal said:
I own MACK and have been in and out of it a couple times. Very disappointed in the black box label, went through it with ARIA and got out too soon with only small profits although it's never really done much since but I had a lot at the time at a really good price (mid 4's to 6). I just bought back in on Friday but I'm thinking of dumping it as I have a few others that I like more but I'm waiting on the price to drop to the range I want. I do think there is upside at this level I just don't know if it's going to trade sideways for too long say 8 to 11 range. I don't have that much as my last buy I only bought 300 shares just trying to catch a little bounce. Will keep an eye on it though if I get it out as I got to think it will be in the 20's at some down the road I just don't know how long of a wait.

AFMD isn't one I track but I just added it to my list as it has some interesting qualities so I want to do some more research. The chart though would have me concerned if it doesn't hold the support at 6. I'd keep a close eye on it although we could have some overall factors in the coming days that could impact the entire sector. There's the possible Pfizer deal at 150 Billion, if that goes through it might trigger more M&A. Tomorrow we should get some info from the FDA on BRMN's drug which also means SRPT and PTCT could be impacted but I've heard talk that if it goes well these guys are going to be in high demand and could cause a jump in the sector unless it goes the other way. There's also the news from United Healthcare which may get out of Obamacare and that is something to keep an eye on if any others join them and then what it could mean to the healthcare sector overall.

I don't know IMMY, I know the chart is troubling now that it's broken support. I have a few that I'm getting hit hard on but it's always a tough call to stick with possible more losses, cut and run or double down. Several of the bio's I had that got hit hard I added more when I saw a price that I liked. It worked well on most but not all which just put me down further. Since overall I think the bio-tech sector is due for a turnaround I'm holding my dogs with fleas but I am very concerned about how the president race starts shaping up by the Spring so I'm hoping that I can take some major profits before then in case Clinton gets in and goes after bio's again.
Click to expand...


Thanks for the input. Pretty much the same feelings I have, to hold for now and see how it goes. Part of me wants to take what I have invested in my losses and put it on a quicker winner and make up the difference, then buy in by the time these losers are ready to run again. But after I take my planned swing profits tomorrow/early next week, I'll have enough to play around with while these sit idle.


10/20 edit: IMMY gained back 22.8% today. That's more than half of what I had lost so far; I'm tempted to cut out here to watch it in the next couple days and decide whether or not to be happy I got this much back or join a possible rally. The chart looks safer to me than it has been, but I just don't know how much weight to put into this 1 day.
 
Last edited:
Made it out with $9000+ from KBIO today. Didn't expect that much of a rally at this point :rolly: :yo:

Saw some other smaller, quicker scores as well throughout the day good for 430-800 each. Great week to make up for (and then some) the missteps I mentioned before. All but 2 of those have almost earned their losses back as well since I've stayed in my positions. At this point, cutting even is better than a loss as far as the bottom line goes.
 
http://www.businessinsider.com/stockpile-sells-gifts-cards-for-stock-2015-11

The next time you're in a Kmart, OfficeMax, Wegmans, Safeway, or another major retail chain, take a minute to peer at the gift cards by the register.

Some might be for stock.

Since early October, the California-based company Stockpile has offered physical gift cards in stores to present loved ones with $25, $50, or $100 of stock ownership.

"We're making it easy and affordable for anybody to give, get, and own stock in their favorite companies," says Avi Lele, Stockpile's cofounder and CEO.

Here's how it works: You spot a Stockpile gift card at the store (or choose a virtual version online), and buy a card that's worth $50 of Apple stock for your niece's graduation. She goes online, creates an account by entering basic information including her date of birth and Social Security number, and types in a code from the card to redeem her stock.
Click to expand...
 
Amazing day for the markets, nice to see the TSX get going finally.

SKX is absolutely killing it. The CEO will be on Cramer's show on CNBC tonight, should bring some more good news.
 
Interested to see what happens when/if the interest rate is increased in December.

Don't think there will be too much of an impact since it is expected, but will be interesting to see nevertheless.
 
Galchenyuksnipes said:
Amazing day for the markets, nice to see the TSX get going finally.

SKX is absolutely killing it. The CEO will be on Cramer's show on CNBC tonight, should bring some more good news.
Click to expand...

I'm kicking myself for not buying more SKX at 25 as I was going too but already increased my cost basis once and while it would have increased it much less at 25 then it did at 31, I rarely make a move when it increases my cost basis. Likely going to regret that one though as I don't think it will take too long to break 40 and should be 50 within 12 months if not 60.

Ducksforcup said:
Interested to see what happens when/if the interest rate is increased in December.

Don't think there will be too much of an impact since it is expected, but will be interesting to see nevertheless.
Click to expand...

I don't know if they will raise or not, holding some cash and have a few things that are up a good bit that I should be able to move to cash and still have nice gains if they do/don't and the reaction gets overblown.

That said the concerning thing is that no one really seems to understand how to trade this. The market doesn't seem to know if it wants rates to stay low but that means the economy isn't going as good so stocks could sell off, or they raise .25 and that could spell higher rates are coming over the next few years (which is likely going to happen at some point) which stocks might sell off but that means our economy is doing better.

In the past I thought they wouldn't raise till March, really not sure what they will do now though. I started slowly picking up some Financials in case they do but don't want to pick up too many yet as I am leaning towards no increase this month.
 
montreal said:
I'm kicking myself for not buying more SKX at 25 as I was going too but already increased my cost basis once and while it would have increased it much less at 25 then it did at 31, I rarely make a move when it increases my cost basis. Likely going to regret that one though as I don't think it will take too long to break 40 and should be 50 within 12 months if not 60.
Click to expand...

Yeah I first started following SKX after you said how bullish you were on it but didnt buy in immediately, started a pretty big position by my standards at 26.8 after the first big run, added about 30% to my position just under 29 as I couldnt help but want more shares seeing how strong it looked, current average is 27.46 and I'm loving it, been restraining myself not to buy more because I definitely feel like it. Whats your plan for earnings? I'm thinking I'll sell maybe half just to lock some profits in case it sinks. Not fixed on that yet, the CEO and COO were on Cramer's show on CNBC yesterday and seemed very excited about their activities in China, also said they had a great month in november.

I'm not in TASR yet, still looking for a lower entry, I'm still trying to figure that one out as they've announced a couple new contracts yet it has trouble taking off. I'm hoping it goes back closer to 17 to start a position.

I've been looking into WFM as a value play, doesnt seem like it wants to go lower than that but I'm still holding off for now, doing more research on it.

Still looking at all the biotechs you mentionned in the previous page but havent bought anything yet, I'm not too trigger happy, I set low alerts and try not to buy if I think most of the run up is already done.
 
Last edited:
Galchenyuksnipes said:
Yeah I first started following SKX after you said how bullish you were on it but didnt buy in immediately, started a pretty big position by my standards at 26.8 after the first big run, added about 30% to my position just under 29 as I couldnt help but want more shares seeing how strong it looked, current average is 27.46 and I'm loving it, been restraining myself not to buy more because I definitely feel like it. Whats your plan for earnings? I'm thinking I'll sell maybe half just to lock some profits in case it sinks. Not fixed on that yet, the CEO and COO were on Cramer's show on CNBC yesterday and seemed very excited about their activities in China, also said they had a great month in november.

I'm not in TASR yet, still looking for a lower entry, I'm still trying to figure that one out as they've announced a couple new contracts yet it has trouble taking off. I'm hoping it goes back closer to 17 to start a position.

I've been looking into WFM as a value play, doesnt seem like it wants to go lower than that but I'm still holding off for now, doing more research on it.

Still looking at all the biotechs you mentionned in the previous page but havent bought anything yet, I'm not too trigger happy, I set low alerts and try not to buy if I think most of the run up is already done.
Click to expand...

My cost basis is under 23 but I don't have a ton so I likely will just hold this long term no matter what. Maybe sell a bit between 40/50. I would think they have a big 4th quarter.

TASR is going to make a lot of money in the future, should be 40 but I expect 50 or 60 within the next 2 years. This used to be over 100 way back and they did a big stock split and then disappointed on earnings and it got crushed. Don't like the way it's been trading but shorts have been all over them in the past, I don't get it as these guys are the clear market leader and have a great position. Might need a new CEO at some point as they need to be a much better job on the conference calls.

Bio's you really have to be careful with. ACHN should either go up big or get crushed soon, lots of things are close to happening there. I'm in heavy on that one. RYLP has been really good to me and I could see them getting bought out. SRPT goes in front of the FDA next month, that one could fly as well, have done well but took some profits. I like SGEN as the Baker Brothers just bought up a lot.
 
Lot of bargains today.

Im adding SKX and GILD.

Eager to see what happens tomorrow and next week but the times I didnt buy on days like this I usually regretted it.
 
Last edited:
Galchenyuksnipes said:
Lot of bargains today.

Im adding SKX and GILD.

Eager to see what happens tomorrow and next week but the times I didnt buy on days like this I usually regretted it.
Click to expand...

Got out of a few bio's yesterday, wish I had waited on the buys till this afternoon but at least I didn't buy too much. Good day to pick up shares on the cheap, I held off in case we see more of this tomorrow, but even if not I assume things get really choppy between now and the 16th so I've been building up cash for then. Just making small moves for now.
 
stingo said:
Hey stock dudes -

Let me know what you think of this company I just stumbled upon back in the summer called "global gardens group" trading on the tiny Canadian securities exchange.

Basically they have had this product in development called "veggemo" since 2003 and its finally making it's way into stores now. I've tried the product myself and it tastes awesome. It's a non diary beverage made from potatoes, tapioca , and pea protein. No gmos, kosher , and vegan. It's super healthy, and tastes great as a milk substitute in baking. I've had it in cereal, with shakes , and with coffee. Tastes great in all, and what's better than now incorporating vegetables into my coffee and everyday meals.

When I thought of the bigger picture , with global warming, climate change and all that's happening, I thought the potential was going to be huge, not to mention it allows people to incorporate vegetables into their diets in new healthy ways. I sound like a shameless promoter , but I'm not , I just went to know if I'm way out in left field from people who do this for a living .

Here's what I know of the company - there's some big suits on it, ex directors of big dairy farms, lulu lemon execs, marketing teams from Kraft , Ben and Jerrys, etc.

I'm pretty sure I've stumbled upon the next "big" corporation. Who knows.

The product is in Walmart super centres and has a lot of shelf space and they're planning on taking it into the usa in 2016. 1800 stores by the end of the first quarter .

www.veggemo.com

I've accumulated about 100,000 shares of this thing since August. Haha .
Click to expand...

Sounds fine idea if the product price is right (low).
 
Lost a ****ton on bios this month already. Not sure what the hell happened but every play I made was time wrong and I didn't get out quickly enough to soften the blow. Hoping for some sort of rebound when the market picks up before I write it off. Probably not wise, but at this point.

Going to go back to my original swing plans as I get out of this hole.
 
Ozz said:
Lost a ****ton on bios this month already. Not sure what the hell happened but every play I made was time wrong and I didn't get out quickly enough to soften the blow. Hoping for some sort of rebound when the market picks up before I write it off. Probably not wise, but at this point.

Going to go back to my original swing plans as I get out of this hole.
Click to expand...

I got out of MACK with a small profit, RLYP is on fire on buyout rumors got a nice profit there. ACHN should hopefully have some good news soon. I added a bit this morning to my XON, SGEN, AQXP and NWBO (getting crushed on that one), was surprised when I got back home hours late to see the turnaround in BIO's.

I'm looking to get back in on FOLD after taking some good profits almost bought it today but held off. Same with TRVN, TGTX, had hoped to buy ino CLVS and ALDR but they just haven't fallen into my range. I paid too much for SGEN so wanted to lower my cost basis by adding a bit today, the Baker Brothers have been buying up shares so will be keeping an eye on that one. CEMP, SRPT, PCRX, SAGE have been good to me of late. EXEL, LPCN, NBIX are some others to keep an eye on, plus I own all these that are tied together (XON, ZIOP, HALO, SYN)
 
montreal said:
I got out of MACK with a small profit, RLYP is on fire on buyout rumors got a nice profit there. ACHN should hopefully have some good news soon. I added a bit this morning to my XON, SGEN, AQXP and NWBO (getting crushed on that one), was surprised when I got back home hours late to see the turnaround in BIO's.

I'm looking to get back in on FOLD after taking some good profits almost bought it today but held off. Same with TRVN, TGTX, had hoped to buy ino CLVS and ALDR but they just haven't fallen into my range. I paid too much for SGEN so wanted to lower my cost basis by adding a bit today, the Baker Brothers have been buying up shares so will be keeping an eye on that one. CEMP, SRPT, PCRX, SAGE have been good to me of late. EXEL, LPCN, NBIX are some others to keep an eye on, plus I own all these that are tied together (XON, ZIOP, HALO, SYN)
Click to expand...

I'd always done well with Mack, but this time I held too long and it never went anywhere. I was going to get out a few days ago with a little more profit but thought it had another day's worth of gain. It fell off and I was not much worse for the wear.

I've been looking at EXEL for a while but none of the others you mention; EXEL has been getting some mention but I'm not seeing it move as expected. For the rest of the month I'll be pretty gun-shy about hopping into anything too quick; my trouble was that the rallies only last long enough to buy and they plummeted by the time I could enter my stops. Then all hell broke loose and I just held and lost too much. I'm hoping for long-term holds to recover, thankfully I have enough elsewhere that I can work with in the meantime to realize some gains, and the unrealized losses will eventually even out or become gains. I just can't see taking that much loss at once. I threw away enough losers this year already.
 
Ozz said:
Made it out with $9000+ from KBIO today. Didn't expect that much of a rally at this point :rolly: :yo:

Saw some other smaller, quicker scores as well throughout the day good for 430-800 each. Great week to make up for (and then some) the missteps I mentioned before. All but 2 of those have almost earned their losses back as well since I've stayed in my positions. At this point, cutting even is better than a loss as far as the bottom line goes.
Click to expand...
Holy **** you played KBIO?? Youve got way more balls than me.
 
montreal said:
I got out of MACK with a small profit, RLYP is on fire on buyout rumors got a nice profit there. ACHN should hopefully have some good news soon. I added a bit this morning to my XON, SGEN, AQXP and NWBO (getting crushed on that one), was surprised when I got back home hours late to see the turnaround in BIO's.

I'm looking to get back in on FOLD after taking some good profits almost bought it today but held off. Same with TRVN, TGTX, had hoped to buy ino CLVS and ALDR but they just haven't fallen into my range. I paid too much for SGEN so wanted to lower my cost basis by adding a bit today, the Baker Brothers have been buying up shares so will be keeping an eye on that one. CEMP, SRPT, PCRX, SAGE have been good to me of late. EXEL, LPCN, NBIX are some others to keep an eye on, plus I own all these that are tied together (XON, ZIOP, HALO, SYN)
Click to expand...
Bought RLYP when it gapped dowwn. Still up large even though its struggling. Will add after tomorrows bloodbath.
 
Current holdings RLYP, XON, BXLT. Sold out AMGN, will add back after the bloodbath is done.

Just sold BTX.

Looking to add ARRY, RIGL, VTL on bounce.

Oh yea, still on my third year holding RHT.
 
Status
Not open for further replies.

Latest posts

Ad

Upcoming events

Ad

Top Bottom