I'm certainly not going to chase stocks like NVAX, up 138%, or GNBT, up 44% but I still believe other "Swine Flu" stocks still have a lot more upside. Why? Because most traders/investors were to busy reading through Geitner's stress test to notice these little piss ant penny stocks surging on huge volume.
I think it is fair to say that most people, traders/investors included, did not find out about the outbreak until today, Sunday, and because of that on Monday "Swine Flu" stocks should go up. Would any one here disagree that these stocks won't pop tomorrow, I'd like to hear your bear side of the arguement?
This is why I'm buying DVAX tomorow, it's "only" up 23%. It put in a nice "V" pattern after a long downtrend, followed by what looks like a cup-and-handle pattern (saucer pattern). It trades 247k on average.