News of a buyer for CFW could come anytime now. Stay nimble! VKNG.ob has a PR out this morning and that usually provides a mild rally for the day. Unlikely to hold any gains made today as the news isn't anything earth shattering. Trade the traders and hold the core position.
My longshot is
- Thread starter CaptainObvious
- Start date
CFW is nothing but a ultra high risk crap shoot at this point. I bailed yesterday @.69 which was my average point after some previous profit taking, so I made a buck or two. Then, because I just can't help myself I bought back in at .55 with hoping to make some lunch money. Not much on the table, just enough to take the wife out for dinner if it's jumps up.
Bought back all my Covered Calls today for BIOD at a loss, but I can sell shares considerably higher than I bought them to cover that. Still, a dumbass trade. Call were too far out, Dec., and I didn't expect a move so fast. Every time I make some type of options trade I fuck it up. I should just stay away from that and leave it to the people that know what the hell they're doing. Just like day trading the futures market. I got killed doing that a couple years ago. Just couldn't make any sense out of it.
If it works don't fix it, and I lose my ass every time I start "exploring" other areas of trading.
Bought back all my Covered Calls today for BIOD at a loss, but I can sell shares considerably higher than I bought them to cover that. Still, a dumbass trade. Call were too far out, Dec., and I didn't expect a move so fast. Every time I make some type of options trade I fuck it up. I should just stay away from that and leave it to the people that know what the hell they're doing. Just like day trading the futures market. I got killed doing that a couple years ago. Just couldn't make any sense out of it.
If it works don't fix it, and I lose my ass every time I start "exploring" other areas of trading.
Yeah, I keep looking at it go up and wishing I had bought it the day before. Hate it when that happens.
God Dammit man. Smoked on another small bio-tech, ALXA. I have about 20% of my trading capital in these longshots and I'm starting to think I should just take that 20% to the craps table. Not the way I like to start my week.
Give ZIOP a look Captain! 
its cooking again today....i dont see any news
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Quote from gimp570:
hey captain...have you checked out NBIX today
not bad
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Yeah, I keep looking at it go up and wishing I had bought it the day before. Hate it when that happens.
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Quote from gimp570:
hey captain...have you checked out NBIX today
not bad
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Yeah, I keep looking at it go up and wishing I had bought it the day before. Hate it when that happens.