Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

09-17-2014 Trading Journal

Market had a moment of clarity after bouncing on the trampoline for a day.


Price formed a doji candlestick which can represent either a pause or a top.  We will find more clue tomorrow.

$IBIO continued to surge ahead but gave back some gain before closing.


It was still a decent up day. So far, the run up is all technical and I still haven’t heard any news that may give some clue of the run-up.  Somebody out there may know something or there may be a buy-out waiting to happen. Regardless, I’m going to hold on to the position to see where it can take me.  It reminds me of $INO when it was under $1 before the reversed split.

When I saw $AMRN started to bounce instead of falling nonstop, I bought about a third of my original position just so I can watch it daily.  If script number can increase weekly, we may see a slow climb back over $2.00.

$HYGS finally bounced back some while $DMRC fell back along with $LRAD. $ORBC small drop I considered a non-event.

Today, the gains from $IBIO and $HYGS helped offset the losses from $LRAD and $DMRC so it was a breakeven day.  YTD gain remains at 5.8%.

Current holdings:

LRAD, DMRC, ORBC, IBIO, HYGS, AMRN (100% invested/speculated)

From my other account:

Still holding $LRAD and $FITX.

My 2 cents.


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