BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Thursday, January 07, 2010

Two bio-penny plays

  1. SOMX, reached 1.68 on Jan 7, now 1.58(+29.51%), called(Penny play: SOMX@1.05, Target:1.18 1.3 stop:1 -Dec 30)//once up +22.9% within 4 trading days. or +60% within 6 trading days.
  2. CYCC reached 2nd target 1.66 after called(S/T play: CYCC@1.41 target:1.58, 1.66 -Dec 11) //once up +17.7% within same day.// sold..bought it back later (Back in 1.32 now. //Re: Just reached 2nd target 1.66. Sold too early. //Re: S/T play: CYCC@1.41 target:1.58, 1.66 -Dec 11 ). ...CYCC reached 1.69 on Dec 14, once up +28% within 2 trading days.. sold. //CYCC had another great run today, reached 2.74 & now 2.67(+152.17%)