iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

BETTER BIOBASKET

Put aside $IBB, $XBI, $LABU or $LABD. From here, focus on $CNCR.

We spoke about this ETF a bit at the NYC conference. Compare the holdings of this ETF against the $IBB. There is some relative strength in many of these names, as they have not tracked as much of the range and volatility that other instruments in this sector have had.

Of that list, here are a few of my favorite individual names I am shopping…

$ADAP

$ADXS

$BLCM

$BLUE

$CLLS

$KITE

$ZIOP

Congrats to the holders of $LABU. Moving forward, I am only watching these above mentioned plays in this space.

OA

If you enjoy the content at iBankCoin, please follow us on Twitter

47 comments

  1. granpa

    Sold IRA FL Long bought Friday for +4.06%.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ydauction

    Jeff, not buying into LABU again?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Badduck

    Has everyone given up on $NK?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Thegametheorist

    Time to sell LABU then?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      No, not necessarily. You are on the right side. Me getting stopped at BE last week, I’m in a different spot. FIMO, if you will.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Thegametheorist

        Been in with ya since day 1. Wish I could have attended the conference

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  5. Thegametheorist

    Up a good bit on Sohu, 6$ or so, is this an end of year trade or time to start taking profits?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      Pretend what the stock has done this year is a mini version of that same pattern it had last year. This could see $60 at year end if things continue.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  6. granpa

    Sold Nov 20th 11 Put on X for +21%

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. lplongo

    Grats on the new avatar. – LD

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      Really though…is it decent? If you zoom in, I like the #ProfessionalTrader name tag.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Thegametheorist

        I like the other one just because for so long I imagined that being you , smoking behind a desk kicking in faces

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Option Addict

          LOL, I had a few others that I considered finalists. I’m not married to it, but I needed a change.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • lplongo

            It’s all about saving that money, tho! And makin it.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • lplongo

            I couldn’t really see that name tag, though. Still, I am sure there are many funny references that can be made.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  8. Thegametheorist

    Thoughts on vmw now that it recovered a little? More to come or time to let go?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Bchu

    OA, wish I followed all your crude trade this year after hearing its been your biggest winner this year. It’s definitely been my biggest losing trade this year and adding to it last 2 weeks.. But feeling confident it will take off soon

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      Got the Jan move in CL. Biggest futures win I’ve ever had.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Sir Cheeks

      Thank you. The fact you believe crude is going to take off soon is golden. No offense, but you have been a phenomenal contrarian indicator here! Crude will go lower. There will be blood (extra My Left Foot)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Sir Cheeks

        That was for bchu, OA. Not you. May go short some CL here. No joke (bchu is long and has been holding long for two weeks)

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Bchu

          Ummm… Yeh, I think I’ve started plain and simple that I’ve been losing on crude no? And if you are shorting crude now, ur going against OA, the feet you kiss

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Sir Cheeks

            Nah, I’ll stick with the contrarian indicator. Can you guess why the long oil trade has not worked out for OA? It’s you. LOL

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Option Addict

            lol. Bring back Chub.

            Chub would be like “Fok u…bet against my oil.”

            • 0
            • 0
            • 0 Deem this to be "Fake News"
      • MSGT HARTMAN

        iBC has been trading oil all year and then revenge trading oil all year. If you bet enough times you will become a winner right?

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Tom S

          I thought the same thing.bet enough times and eventually you will be right but overall bigger losing positions.there is no reason to be an oil bull here.why try and catch falling knife when there is big big glut.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  10. trashman

    Gartman just put in the bottom on nat gas by calling for a 1 handle

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. bchu

    OA – IWM stayed above 115, so that’s a good ting. But today, lead the market indices to the downside by a large margin. You still like the IWM for this week and see today’s move as constructive?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. seaturtle

    $CNCR may be a great basket but not enough liquidity. Long $JAZZ $ISIS $EGRX $LABU with a lottery ticket, $ABIO. Will check out your list.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. MSGT HARTMAN

    FB +13% so far. Full position.
    Next year $200+

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Tom

      I believe you mentioned that P/E valuation for FB over $100 is beyond your value.
      Will you still hold through next year without taking profit?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • MSGT HARTMAN

        AMZN – 883 P/E
        NFLX – 275
        FB – 109
        MSFT- 36
        AAPL – 13

        I like MSFT and FB due to virtual reality technology and forward momentum. Force multipliers.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  14. Chub

    Fok u… Bet against my oil

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. nocturne

    Checking in … Well oil has done all I could hope. So let’s see if we can drop hard, come back to kiss 44.00 and proceed to fall. That is my signal to short with reckless abandon …. ha, weaving in and out of the weekly inventories of course. Unless there is a marked response from CB’s directed at the oil industry, I am anticipating SCO $150. Of course with a leveraged ETF like SCO, the move has to be swift to produce a 70% gain from here say by…. the wednesday before Thanksgiving!!!!??? How about it Blue!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • kidstock

      Oil is so wrong that it’s right at this price (43.59)…on board the long side for the Costanza Trade

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  16. GM

    I am long now.
    Long head-in-the-sand complacency,
    Divergences abound.
    Pride come th before a fall.
    Good luck, when it goes, it’ll go hard and fast.
    I’ll cover my shorts to save you a few pennies when we’re 20% down.
    Soon, very soon……

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Chub

    OA – what’s ur stop in UWTI?

    • 0
    • 0
    • 0 Deem this to be "Fake News"