Trade Notes: $TRVN 2-23-2016

Notes:

trvn

9:35AM – SS Starter, waaaay too illiquid – add to winner, stop at $10.00

9:49AM – Daily chart is pretty shitty, should have probably just ignored this.

10:02AM – Add

1:11PM – Been a slow fader but not cracking $9, need to look to start covering.

1:20PM – Shit, big selling on the crack of $9.00. Can’t get too greedy here.

2:21PM – Covered at $8.96, gave it time to wash and hit SSR little bounce. I’m just flat out of patience. Good trade overall.

Watchlist for 10-2-2015 – $PACB, $RJET, $CANF, $TRVN

Today’s Watchlist

My lack of interesting plays on scan yesterday kept me away. At this point glad I didnt trade, $EVOK was one that I obviously missed out on. But I think by staying away and not trading I probably came out ahead on a day like yesterday. Would I have traded $EVOK well? Who knows, but if I stuck around for 8 hours and stared at screens and forced some other mediocre trades, most likely I’d give any gains back….

Similar day today and its a friday and I have things to do outside of trading including a meeting at 9AM. So likelihood I trade today is very low.

Today’s List: Full list from Yahoo Finance

Pacific Biosciences of California, Inc. (PACB) -NasdaqGS

I’m short biased, but don’t think this is done yet. I have an alert set at $6.00 but if that goes off afternoon on a Friday, no way I short it. Ideally this goes crazy, squeezes shorts and I’m ready on Monday.

Target: $6.00+

PACB

Republic Airways Holdings Inc. (RJET) -NasdaqGS

As long as this sits at this $6.00-$6.20 level I’ll ignore. Waiting for either a crack under $6.00 or some sort of para “squeeze em out” type move. I really think the only reason its staying up at this point is shorts keep adding waiting for that crack under $6.00. So at this point longs have no reason to sell and will just sit and wait.

Target: $5.90 breakdown or a para move towards $7.00, if it just grinds up I won’t short.

RJET

Can-Fite BioPharma Ltd. (CANF) -NYSE MKT

Trevena, Inc. (TRVN) -NasdaqGS

This are more slow fade type setups, not going to enter today but they are watches for next week. Plan is the same on both, short pops.

CANF

TRVN

Watchlist for 9-15-2015 – $BABA, $LE, $ACI, $LULU, $AXPW, $VTAE, $TRVN

Today’s Plan

Cautious on all of these, but I have firm plans to enter and add. Yesterday was good but could have been great if I stuck to my plan of adding size.

Today’s List: Full list from Yahoo Finance

Alibaba Group Holding Limited (BABA) -NYSE

Shorting pops.

Target: $63.00

BABA

Lands’ End, Inc. (LE) -NasdaqCM

Illiquid, had this last week at $28 and covered, looking to re-enter back at $28.

Target: $28.00

LE

Arch Coal Inc. (ACI) -NYSE

Ton’s of bashers, so makes me think this hangs around a while yet. I’ll only short big para’s I could see this being a classic “daytrade that turns into a swing trade”.

Target: Big pops, $6.00?

ACI

Lululemon Athletica Inc. (LULU) -NasdaqGS

Did ok on this, but never got full size. But I don’t trust big names like this.

Target: high $54’s

LULU

Axion Power International Inc. (AXPW) -NasdaqCM

Squeeze em out, then I’ll look to short.

Target: Higher the better, ideally afternoon fade.

AXPW

Vitae Pharmaceuticals, Inc. (VTAE) -NasdaqGM

Target: $16.00

VTAE

Trevena, Inc. (TRVN) -NasdaqGS

Just watching for now, hope for a big squeeze/para.

Target: Higher the better.

TRVN

Watchlist for 9-9-2015 – $TRVN, $SUNE, $OHRP, $KBIO, $MPO

Today’s Plan

Meh day yesterday, totally F’d up $NSPH for puny profits. In hindsight a slam dunk, I had smart size, did not go to big too soon, but just was totally impatient and unwilling to let it go against me even by a couple pennies. Working on paitience and conviction today. Need to write my plans down instead of mental, went into $NSPH without writing a plan down physically. Annoying.

Today’s List: Full list from Yahoo Finance

Trevena, Inc. (TRVN) -NasdaqGS

Try and fade, stop on $10.90’s

TRVN

SunEdison, Inc. (SUNE) -NYSE

Short pops for all day fade.

SUNE

Ohr Pharmaceutical, Inc. (OHRP) -NasdaqCM

Glad I stayed away yesterday, annoying all day grinder. This is the kind that moves slow enough that I will not cover and get nicked on the way up. Hoping for a para towards $4 for a starter.

OHRP

KaloBios Pharmaceuticals, Inc. (KBIO) -NasdaqGM

No borrows for me yesterday, but I never tried that hard to locate.

Target: Any pops, stop on $4.00

KBIO

Midstates Petroleum Company, Inc. (MPO) -NYSE

Will be patient and stalk this, ideally runs then puts in a nice top for a HOD reject type play.

MPO

Watchlist for 9-8-2015 – $AVXL, $TRVN, $KBIO, $SUNE, $VRA

Today’s Plan

A good day on Friday. Looking forward to getting back to work after the long weekend off. I like this list, some solid setups as long as they come to me. Market looks to gap up big at this point, so I may not trade right after the open. But will wait for my price targets.

$SUNE shitty trade but profitable, THANK YOU $SPY !!

A photo posted by Timothy C. Bohen (@tbohen) on

Today’s List: Full list from Yahoo Finance

Anavex Life Sciences Corp. (AVXL) -Other OTC

A little too slow of a grinder for me, but will watch for para type spikes.

Target: Big move to the upside

AVXL

Trevena, Inc. (TRVN) -NasdaqGS

Hoping this shakes out early shorts, probably a lot of stops at $12, will look to start to short around $12.50

Target: $12.50

TRVN

KaloBios Pharmaceuticals, Inc. (KBIO) -NasdaqGM

“Everybody” bashing this, so I assume it spikes, will wait for a big move and then the backside. Ideally spikes hard first thing, sets a top then fades all day.

Target: Big move up ($5+) then fading volume.

KBIO

SunEdison, Inc. (SUNE) -NYSE

I keep stacking up small gains on this over the last few weeks, I should probably leave it alone or else I’ll get cocky and give the gains back. Watching, but will only short “huge” and I mean “huge” upmoves, $13-$14+.

Target: $13.99

SUNE

Vera Bradley, Inc. (VRA) -NasdaqGS

A little too “real” for my tastes. But I like the chart.

Target: $14.50

VRA

Watchlist for 9-4-2015 – $TRVN, $KBIO, $JOY, $AQXP, $VLTC, $VRA

Today’s Plan

I’m still in “chill out” mode from the week gone. I’m a die hard short seller, and its always scary to short on Friday’s and doubly so going into holiday weekends. Solid list of setups here, but with the big jobs report coming etc. I’m only going to trade at my prices and probably small size.

Today’s List: Full list from Yahoo Finance

Trevena, Inc. (TRVN) -NasdaqGS

Ugly miss on this yesterday, but I was committed to not trading out of the gate.

Target: Pop’s over $10

TRVN

KaloBios Pharmaceuticals, Inc. (KBIO) -NasdaqGM

Target: $3.50

KBIO

Joy Global, Inc. (JOY) -NYSE

Target: $19.00

JOY

Aquinox Pharmaceuticals Inc. (AQXP) -NasdaqGM

No volume so just watching.

Target: Pop’s, $17+

AQXP

Voltari Corporation (VLTC) -NasdaqCM

Target: $8.50-$9.00

VLTC

Vera Bradley, Inc. (VRA) -NasdaqGS

Target: $14.50

VRA

Watchlist for 9-3-2015 – $TRVN, $AXPW, $GERN

Today’s Plan

After 5 day’s in the mountains hunting with little to no internet access I plan on being in watch mode all morning. Have a few things to do around the house to get caught up too. Not going to rush any trades. Things look pretty hot while I was gone so I don’t want to get to aggressive.

Today’s List: Full list from Yahoo Finance