Bioresearch stock. Fundamentals discussed in above article. From my standpoint it technically looks good. If stage 3 trials work out should get big jump up. If you ever invested in biotech stocks before you know they often do not do well in final trials. Personally will use recent daily lows as my stop (horizontal line on the daily chart).
Take care. Enjoy the weekend. We never know how many we have left to enjoy.
Comments
Kantardziski
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That hurts but don't let it keep you away from small caps - some people just generally avoid holding around phase 2 / phase 3 results (especially if public sees it at being their only product) - However, not sure if you have sold, I've suggested to a few friends to hold for now - typically day 3 sees the temp high and then begins a slow trickle until the CC on Oct 11th - It may go up a little in anticipation of the conference call - Not sure if you day trade but I have been making some decent profits just buying and selling good entrys and exits whiles its been range bound (a symmetrical triangle since Thurs evening) - I am holding overnight tonight with an average at 1.43 (i would take profits at 1.49 or wud have, but it finished the day extremely bullish) we'll see how it goes tomorrow as the circuit breaker will not be active anymore - Good luck and thanks for the reply!
goodguy
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Thank you for your advice and feedback. Much appreciated
Kantardziski
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How bad did u get burnt?
goodguy
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Was not a good day. If you have noticed I usually do not invest or suggest individual small companies just for this reason. I need to stick to major indices and major commodities. They can be volatile but not usually like this. Like most, I always dislike suggesting something that doesn't work but that is just part of trading. Thanks for asking.