Decent trades in $LXRX and $EXEL yesterday. Like usual I exited $LXRX before the big crack, but I was busy with other things and had an order in. I covered $EXEL in the afternoon begrudgingly for a small loss but in hindsight was a great cover. I’ve gotten so much better at not being patient with losers. BUT I still need so much work getting better with holding winners. $LXRX perfect example of that.
For today, I like all these setups, but will be diligent to wait for them to come to me. Refuse to chase today.
Today’s List: Full list from Yahoo Finance
Exelixis, Inc. (EXEL) -NasdaqGS
Got squeezed out for a small loss by the “Cramer pump” yesterday. I entered based on the chart then realized it was on Mad Money. No big deal, hoping for pops today to get a better price.
Anavex Life Sciences Corp. (AVXL) -Other OTC
This will be an epic short, but very crowded, 2/3rd’s of the traders I follow are watching it. I’ll short, but only on a big squeeze. If I miss I miss, not looking to get trapped then read the feed of these 2/3rds of guys crying…
Target: Starter @ $2.00 add’s at $2.50+
Oragenics Inc. (OGEN) -NYSE MKT
Give me one more pop.
Gevo, Inc. (GEVO) -NasdaqCM
This is dying, will try and scale in on pops.
Target: $3 for starter, then add to winner.
On The Move Systems Corp. (OMVS) -Other OTC
Low volume, but beauty of a chart.
Target: Starter @ $3.50 add to pops.