iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

I Feel Sorry For The Bears

It’s been a busying morning inside our trading room 12631, matter of fact it’s been a busy morning in general. At one point this morning, stocktwits broke as traders rushed to buy up equities once again. I truly feel sorry for the bears at this point.

Oil service companies are leading the way with the $OIH up another 2% on the day. Biotech also got its groove back with the $PFE deal, and I’ve added a few positions in the space. Here are the top hybrid movers in that industry:

Screen Shot 2015-02-05 at 10.24.48 AM_____

Other names on my radar include: ABX, ADHD, AG, AMBA, AMPE, EXEL, FMSA, GALE, JUNO, & SDRL

What are you guys looking at here?

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22 comments

  1. danny1980

    Really wish KITE would get going and confirm for me. Making me a little nervous just hanging out here. Made 300% on my calls last go around and sold $28 too early…lol

    Hopefully this decending wedge breaks soon especially with those last too reversal candles off the 50 day.

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  2. danny1980

    Two…I hate doing that..

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  3. ammy hour

    LJPC

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  4. mr. nakata

    Thoughts on GILD?

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    • RaginCajun

      hate high volume gaps, usually will take time to work. I’ll pass here.

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      • mr. nakata

        I’m forced to hold for at least 60 days (I hate compliance working for a public asset management co), so these are the kind of scenarios I don’t mind.

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  5. BankinDaMonkey

    Hey RC, are you/have you added MSFT to your IRA? are you waiting for further decline? Thanks

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    • RaginCajun

      nope have not added it, but I do like the direction they are going in.

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    • MSGT HARTMAN

      MSFT crawls, it doesn’t run. I’m +2.57% on my Monday purchase which turned out to be a multi-month low. I’ll wait for another dip to add however it does seem to want higher prices.
      I think it will go past 50 this year, hopefully the CEO learned a lesson.

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  6. UncleBuccs

    RC – I closed out that UPL. Probably a little quick. Just didn’t want to see it slip through my fingers.

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  7. Mac

    Just started tracking GALE, thoughts as it hovers near its lows?

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  8. Danny1980

    You’d figure if Juno got 9% today KITE should follow suite. I bought a starter today at $64. I’ll buy more above 67

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  9. MSGT HARTMAN

    RGR up +23% YTD and I keep waiting for it to pull back before I buy…looks like the stairway to the stars.
    Earnings Feb 23rd.

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  10. JPMorgains

    That ARNA looks like a good spot. Thoughts?

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  11. JPMorgains

    I knew you would, has that look.

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