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re: Weekly Stock Market Plays/Thoughts - Monday, March 6 2017

Posted on 3/9/17 at 3:53 pm to
Posted by headedwest21
Member since Dec 2016
1109 posts
Posted on 3/9/17 at 3:53 pm to
Definitely not the news I was expecting from XTNT. Ouch this gonna hurt in morning
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/9/17 at 3:56 pm to
AUPH was a great call, but never let emotion fog your decision making. Falling in love with a stock will come back to bite you.
Posted by bayoubengals88
LA
Member since Sep 2007
18997 posts
Posted on 3/9/17 at 7:51 pm to
quote:

AUPH was a great call, but never let emotion fog your decision making. Falling in love with a stock will come back to bite you.

I'm head over heels, but what am I gonna do with just $3k in profit? I've got goals.

What's the logical argument against this being the next huge pharma?

I know I sound irrational to many. I understand that. but my justification is that this is not my Roth, and I'm comfortably up being in at $4.00 flat (after averaging up).

I've never exuded enough patience in the past, and I'm not going to make that mistake again. I'm trying to stay with it until 2019 or buyout.
Posted by CoachChappy
Member since May 2013
32595 posts
Posted on 3/9/17 at 9:29 pm to
Oh yeah, after market was brutal
Posted by tigersnipen
Member since Dec 2006
2085 posts
Posted on 3/9/17 at 9:58 pm to
Been trading AUPH all week!! Playing the intra day dips and short squeezes has been wonderful. First time I've actually hit on one successfully multiple times. I'm up over 120% since last Monday.

I plan to buy in and hold a long position as it seems their CEO actually knows what he is doing.

Also caught the DRYS run-up today.
This post was edited on 3/9/17 at 11:36 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18997 posts
Posted on 3/9/17 at 10:01 pm to
quote:

I'm up over 120% since Monday
Spectacular I'm just not ballsy enough to let go of AUPH for a second...I just never know when it's gonna jump another 10%

Well I have an inkling...but then again my job doesn't give me a ton of flexibility for day trading.
Posted by SpanishFortTiger
Spanish Fort, Alabama
Member since Dec 2014
1662 posts
Posted on 3/9/17 at 10:05 pm to
Would you buy in now or has the window closed?
Posted by bayoubengals88
LA
Member since Sep 2007
18997 posts
Posted on 3/9/17 at 10:14 pm to
I'm planning on adding 220 more shares in the morning.

New data should come out any day and drive the price higher. We're looking for CR (complete remission) levels from the 48 week data.
Posted by tigersnipen
Member since Dec 2006
2085 posts
Posted on 3/9/17 at 11:34 pm to
quote:

I'm planning on adding 220


I'm adding longs tomorrow as well. Looks like this is headed for a BO or the next big pharma.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/10/17 at 7:23 am to
I don't think they'd accept any buy out offers unless it's $40+ a share. Thats a long ways away.

Just my two pennies
This post was edited on 3/10/17 at 7:23 am
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/10/17 at 8:15 am to
quote:

I'm head over heels, but what am I gonna do with just $3k in profit? I've got goals.

What's the logical argument against this being the next huge pharma?

I know I sound irrational to many. I understand that. but my justification is that this is not my Roth, and I'm comfortably up being in at $4.00 flat (after averaging up).

I've never exuded enough patience in the past, and I'm not going to make that mistake again. I'm trying to stay with it until 2019 or buyout.


I was just saying because it's good advice and your comment struck me as emotionally biased.

It's great that you are invested long-term, but just don't get upset when the stock falls because it will, eventually. The company is still in its R&D phase and not profitable. It's trading all on hype and potential right now.

The stock's news was great and triggered a short squeeze; I think the covering is over. The RSI is now high and I don't think the price is sustainable, but this is all just my opinion. Good luck to you.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/10/17 at 8:26 am to
My next play is $AMRS. I rode this one from .40 to 1.05 last October. Really solid company--for a sub $1 stock. Price is low due to a lot of floating shares so not as volatile. Q4 earnings: revenues up 126% YOY from 2015.

.45-.50 is the floor so it's a good entry here and I'm looking to ride this again to $1. Longer term hold - probably 1 to 2 months.
Posted by CoachChappy
Member since May 2013
32595 posts
Posted on 3/10/17 at 8:36 am to
PIP coming out swinging today, cmon lets break that point

ETA: AAAAAAANNNND we are back to level on the day.

This post was edited on 3/10/17 at 9:03 am
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/10/17 at 8:54 am to
Is anyone playing MMEX?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/10/17 at 8:55 am to
Ginna ask for 8.35 for AUPH and get out again
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/10/17 at 9:02 am to
7.95 to 8.35

Another 5% !
Posted by CoachChappy
Member since May 2013
32595 posts
Posted on 3/10/17 at 9:10 am to
quote:

7.95 to 8.35

Another 5% !


Just did the same
XTNT is just killing me though. I bought in at 0.95 really expecting it to crack the point. :sadtrombone:
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/10/17 at 9:11 am to
Damn that does look bad..

Hope you get some turn around
Posted by CoachChappy
Member since May 2013
32595 posts
Posted on 3/10/17 at 9:12 am to
quote:

Damn that does look bad..

Hope you get some turn around


Never risk more than you're ready to lose. If it can get back to around 0.75. I'm going to take my arse whipping and sell to free some cash
Posted by dualed
Member since Sep 2010
4705 posts
Posted on 3/10/17 at 9:18 am to
In on CATB at 1.71 and out at 1.90. Needed some profit today. Despite RNVA announcing compliance, it is still stagnant with LOW volume. I'm fricking stuck in this stock.
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