Another kind of frustrating day Friday, held PACB overnight, which I hate, it faded a little out of the gate, then bounced, I covered at even, it then pulled 30-40 cents, annoying. But at the same time, it never cracked so even when it pulled I probably would not have covered and sat around all day as it ground back. Then I would have covered into the close for peanuts after wasting my whole day.
Instead I covered flat and went and did other things and had a great day outside of trading. It is what it is, it was Friday and I knew stuff will often hold up. Last few weeks shorts have been pretty annoying. Going to continue to work on my long game.
Today’s List: Full list from Yahoo Finance
Vital Therapies, Inc. (VTL) -NasdaqGS
Shorted this Thursday for flat (seems to be a trend), best play would have been Thursday. Since Friday it ground all the way back. My target was $7.00 but no way I was shorting at 3PM on a Friday.
Target: $7+ para, not grinding.
Kirin International Holding, Inc. (KIRI)
Jumpy, if I trade this it will be small.
Pacific Biosciences of California, Inc. (PACB)
Can’t believe I’m adding this to watch again, but I think this just keeps piling up shorts. And while I may not make any money on it, at least I keep covering for flat or puny losses. Waiting/hoping for a squeeze em out move.
Target: big para
Xenoport, Inc. (XNPT) -NasdaqGS
Fishing for setups.