GNPX 21m MC and 11m MC Biotechnology | USA gapping 100% off yesterdays news of "Genprex Receives U.S. FDA Fast Track Designation for Gene Therapy that Targets Lung Cancer"
VIVE 4.3m MC and 3.7m Float Medical Appliances & Equipment | USA gapping 10% from yesterday news of 510(k) Premarket Approval
VXRT 26m MC and 46m Float Biotechnology | USA gapping 50% but pulling back hard. "Results from Influenza Challenge Study Published in Lancet Infectious Diseases"
Phew, $NTRP got me doing things I never do today. Was a bit slow today in the market although pre-market there were some fat movers. I took it slow though and just focused on my bread and butter setups and was able to clean up with 3 green trades.
No blow away trades but just really nice consistency. I would love to get a bit more aggressive on breakouts but no need to rush it. See you guys tomorrow!
INNT 23m MC and 23m Float Biotechnology | USA gapping 120% (more warrants than I can keep track of) "8k entered letter deal with RDD Pharma, OrbiMed to waive certain terms of merger deal"
EMAN 24m MC and 45m Float Semiconductor Equipment & Materials | USA gapping 70% (4m warrants with exercise price @ 1.55) "eMagin Corporation Provides Update On Positive Fourth Quarter 2019 Financial Trends and Announces Management Changes"
CODX 19m MC and 10.7m Float Medical Laboratories & Research | USA gapping 250% (1m warrants with exercise price @ 2.73) "Co-Diagnostics stock nearly triples after completion of design work for coronavirus screener"
Morning everyone, let's see what the market gods have for us today. Plan is to just keep it calm and not rush any trades + get out as soon as there are signs of weakness.
SAEX 10m MC and 3.1m Float Oil & Gas Equipment & Services | USA gapping 75% "SAExploration Announces $42 Million of New Projects in Offshore West Africa, and Reduction in Debt of $14.5 Million" No specific warrants found
CASA 315m MC and 28m Float Communication Equipment | USA gapping 20% "Casa Systems Increases GAAP Revenue Guidance for Fiscal Year 2019 and Announces CFO Transition" No warrants found
TNXP 10m MC and 7.5m Float Biotechnology | USA gapping 50% "Tonix Pharmaceuticals Announces Successful Completion of a Fed-Fasting and Dose Proportionality Study of TNX-102 SL" Warrants @ 2.4
Waaa it's really a good thing it's Friday cause you can tell how shot I am in this video. Was such a savage and fun week trading and can't wait for Monday.
Till then though I hope you enjoy this video about the #1 tip I have for all when it comes to trading. Risk management is so much easier said than done, so build a system that does it for you. Proper account allocation is just that.
NNVC 31m MC and 2.7m Float Biotechnology | USA gaaping 50% "NanoViricides Closes on $8.625 Million Underwritten Public Offering of Common Stock" (warrants @18.20)
INO 417m MC and 96m Float Biotechnology | USA gapping 40% "Second coronavirus patient identified, extent and duration of airport screening to be re-evaluated" (warrants @ ?)
APT 77m MC and 10m Float General Building Materials | Canada gapping 40% due to Macro news, they make virus protective gear (no warrants)
AHPI 11m MC and 1.5m Float Medical Appliances & Equipment | USA gapping 70% due to Macro news, mass catastrophe products (no warrants)
$CBLI (super similar to $NNVC) was a bit too choppy and mislead me into two breakout trades. I should have known this wasn't my setup and traded the super nice pull-backs we had today.
Owell red days happen and at least it's only our 3rd one this month. See you guys tomorrow for round 2!
Smooth day. Wasn't too bummed about the first little $VXRT loss, they happen. The second trade on $NH was a really intense one. Excited to review it today with you guys as well as that textbook classic support bounce on $ARMP - trading's a beautiful thing. See you guys tomorrow!
It's always a beautiful day when the markets are open.
HEPA 17m MC and 3.35m Float Biotechnology | USA gapping 50% "Hepions NASH Drug Candidate, CRV431, Demonstrates Superior Antifibrotic Efficacy in Expanded Human Liver Study" (loads of warrants $6 & $8.4) Target support @ $6
YAYO 43m MC and 10.5m Float Application Software | USA gapping -8% but was a 50% runner yesterday. "YayYo, Inc. Appoints Three Seasoned Independent Directors to the Board; President Boyd Bishop to Lead Operations" (Warrants @ $4)
LEE 72m MC and 53m Float Publishing - Newspapers | USA gapping 70% "Lee Enterprises to Buy Berkshire Hathaway Newspaper Operations; Berkshire Hathaway to Finance All Debt" (Warrants @ $4.19)
What wacker! Got me good and it's totally my fault. I really let this one slip through my fingers.. simply because I wasn't focused on what the charts were telling me but rather my mind was focused on a million and 1 irrelevant outside factors.
Got more tax work to be done until Jan 31st but I'll try hard to clear my head as much as possible before each trading day.
MGEN 54m MC and 29m Float Biotechnology | USA gapping 70% "Announces Positive Data for Cobomarsen in Adult T-Cell Leukemia/lymphoma Patients With Residual Disease" (warrants @ 7.15)
SINT 4m MC and 2m Float Medical Appliances & Equipment | USA gapping 160% "SINTX TECHNOLOGIES ANNOUNCES AGREEMENT TOWARD A COLLABORATION WITH NISSIN MANUFACTURING CO., LTD" (Warrants @ 3.3-3.6)
MYOS 19m MC and 5m Float Drugs - Generic | USA gapping 60% "MYOS Announces Distribution Partnership for Their Blockbuster Canine Muscle Formula with Chewy, a Leading Online Retailer of Pet Food and Pet-Related Products" (Warrants @ 7)
In a nutshell.. "STOP buying possible breakouts under former support second half of the morning trading day"
In the video, I explain what I mean by that using $SINT. Got to tighten up my stops too and get more aggressive in the mornings. Last trading day of the month tomorrow! See ya there
NNVC 44m MC and 3m Float Biotechnology | USA gapping 70% "NanoViricides Confirms It Has Been Working On A Treatment For The Novel Wuhan Coronavirus" (Warrants @ 18.20)
VXRT 35m MC and 45m Float gapping 50% Biotechnology | USA "Vaxart Announces Initiation of Coronavirus Vaccine Program" (warrants @ 0.76 1.77 )
SNDX 180m MC and 25m Float Biotechnology | USA gapping 26% "Syndax Announces $35.0 Million Offering of Common Stock and Enters Term Sheet for Loan with Hercules Capital for up to $30 Million" (warrants @ 12 and 18)
Good fun today and we ended green after one of the bumpiest weeks of the challenge. All fine though, it's expected learning a new strategy and the fact that we can do it for free (actually we are making money) is amazing.
Love stocks, trading and can't wait to keep learning with you guys!
NNVC 85m MC and 6.7m Shares Outstanding Biotechnology | USA gapping down 40% no new news regarding this carona virus Macro play last news "NanoViricides Confirms It Has Been Working On A Treatment For The Novel Wuhan Coronavirus" (Warrants @ 18.20)
BIMI 26m MC and 3m Float Diversified Machinery | China gapping down -17% Former runner, pulling back. Last news end Jan about keeping stores open for CHinese new year + BOQI International Medical Announces Actions Against Novel Coronavirus" (No Warrants)
OGRS 82m MC and 11m Float Biotechnology | USA gapping 50% "Orgenesis Announces Agreement for the Sale of Masthercell Global, its Contract Development and Manufacturing Organization (CDMO) Subsidiary + Catalent To Acquire Leading Cell Therapy Company MaSTherCell Global for $315 Million, Creating an Industry-Leading Cell & Gene Therapy Platform" (Warrants @ 7)
OPGN 12.3m MC and 5.4m FLoat Medical Laboratories & Research | USA big 80% move yesterday and holding it's highs pre-market "OpGen Provides Update on Curetis Group Company Ares Genetics Collaboration with BGI Group to Offer Next-Generation Sequencing and PCR-based Coronavirus (2019-nCoV) Testing in Europe" (Warrants @ 65)
SXTC 37m MC and 12m Float Drugs - Generic | China 30% run yesterday but pulling back a bit pre market, target @ 2. No new news.
DGLY 11m MC and 8m Float gapping 174% Scientific & Technical Instruments | USA "Digital Ally Awarded Largest Body Camera/Video Solution Contract in Its History" ( Many warrants between 1.81 - 5.00 )
The key takeaway is really setting myself up to focus more on the trades in front of me and not trying to rush anything due to some artificial limits. This should also allow me to come out with the videos earlier as well (good for both of us).
Lot's to look forward to as the challenge continues as we learn more about the strategy and ourselves.
P.S. Looks like I forgot to post the video here from the day before. Will just add it below as well just for the records.
WWR 7m MC and 3m Float Industrial Metals & Minerals | USA gapping 60% ( Westwater Resources to Present at the 12th Annual LD Micro Main Event) Warrants @ 19.25
VVUS 26m MC and 10m Float Biotechnology | USA gapping 50% "VIVUS Receives U.S. Food and Drug Administration Approval for Improved Formulation of PANCREAZE® with a 36-Month Shelf Life" No Warrants
ABUS 186m MC and 38m Float Biotechnology | USA gapping 50% "JPM Upgrades to $10 target" Warrants @ 1.10
