iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Biotech Lotto

Who in here was lucky enough to catch Human Genome Sciences [[HGSI]] ? It’s been on my watchlist for a while, but regrettably I did not have a position.

My Friday gamble, Sequenom, Inc. [[SQNM]] , is looking good up a cool 6%, however I have a tight leash on it and will be looking to lock in profits. I also took a stab at [[HEB]] (hat tip CA) this morning as we got the nice bounce of the 50 day moving average.

heb1

As for the market, I’m being nimble here, I don’t want to take on any new positions with this overbought market, but I will continue to watch for breakouts and stick to intraday trades. Come follow along inside The PPT.

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3 comments

  1. DrewDog

    HEB looking very strong today – also some news this morning about an update from the company coming Wednesday:

    http://finance.yahoo.com/news/Hemispherx-Biopharma-to-pz-1152906624.html?x=0&.v=1

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  2. Tradermarket247
    Tradermarket247

    !WE WILL GET IT DONE!! 2 out of 2, first SQNM now HEB.

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  3. tokuhon

    Holding HEB through tomorrow?

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