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EBIO- Pharmaceutical Stock

Posted on 5/11/18 at 7:05 am
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 5/11/18 at 7:05 am
Anybody own this? I got lucky and got in on this a few months ago. They are supposed to be getting approval on May 21 for their bladder cancer drug. Do your own research but the dip yesterday should give a good point of entry.
This post was edited on 5/13/18 at 7:44 am
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 5/11/18 at 7:33 am to
Buy the rumor, sell the news
Posted by LSUcam7
FL
Member since Sep 2016
7904 posts
Posted on 5/11/18 at 8:16 am to
If I’d invested a dollar into every biotech that is about to pop (per the MT) I’d have a lot of worthless penny stocks.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36761 posts
Posted on 5/11/18 at 8:32 am to
I throw a hundred at them every now and again to see what happens... not ot rich yet
Posted by mrgreenpants
paisaland
Member since Mar 2018
1421 posts
Posted on 5/13/18 at 6:34 am to
make sure to check multiple timeframe when buying dips..

while i like EBIO as a quick swing or day trade target....that current dip on a daily chart might be forming a shooting star or inverted hammer/pinbar on weekly & monthly charts(strong bear signals).

doesnt matter if it is or not... if someone thinks they see it...they will sell.
(i would)
Posted by ItNeverRains
37069
Member since Oct 2007
25440 posts
Posted on 5/13/18 at 6:41 am to
I own 6000 shares. I don’t get to go to Vegas much since having kiddos so bio pennies fill the void.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 5/16/18 at 7:55 pm to
We had a nice day today!! Company name is being changed so new symbol tomorrow. Phase 3 approval should be Monday!
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36761 posts
Posted on 5/17/18 at 7:17 am to
eh when I buy these I usually do my qualitative research on what they do mixed with some quantitative.

reading the tea leaves of stock patterns is too complicated for me.

I try to target overall potential value and chance of success. hunting for 10 baggers not squeezing out my 20% gains on my portfolio so buy point really only matters thst you don't buy after the last big gain/catalyst
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