Posted by lcstrickland on 28th of May 2010 at 12:13 pm
Both of these stocks are on their way UP UP and away! They
both are featured presenters at the ASCO conference next weekend.
Target price for DCTH is $20 and $8 for KERX. I think the majority
of their move will happen later next week. Lots of cheap cheap
options on these. Get out of biotech on June 8th at the end of the
meeting.
Posted by hamvestor on 28th of May 2010 at 12:24 pm
Moments before your post, I had put in an order to add to my
DCTH position at 15.20. Right after your post it took off and I
didn't get filled, lol. The stock is acting well, and the big
question is going to be whether to hold after ASCO, as DCTH has
several presentations coming up shortly after ASCO. I'm looking at
it as a LT hold, but in this volatile market, LT holds make me
nervous...
Posted by lcstrickland on 28th of May 2010 at 12:35 pm
I totally agree with the volatile market, makes trading an
exercise in futility. I would not hold any biotech after ASCO.
Altho DCTH is presenting at 2 more health conferences on 6/8 and
6/9. They are scheduled to present at ASCO on 6-5, so it could
continue it's climb for a few days. I am too freaked out with this
market to hold on to anything, take the profit and head for the
hills!
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DCTH and KERX up up and away!!!
Posted by lcstrickland on 28th of May 2010 at 12:13 pm
Both of these stocks are on their way UP UP and away! They both are featured presenters at the ASCO conference next weekend. Target price for DCTH is $20 and $8 for KERX. I think the majority of their move will happen later next week. Lots of cheap cheap options on these. Get out of biotech on June 8th at the end of the meeting.
Moments before your post, I
Posted by hamvestor on 28th of May 2010 at 12:24 pm
Moments before your post, I had put in an order to add to my DCTH position at 15.20. Right after your post it took off and I didn't get filled, lol. The stock is acting well, and the big question is going to be whether to hold after ASCO, as DCTH has several presentations coming up shortly after ASCO. I'm looking at it as a LT hold, but in this volatile market, LT holds make me nervous...
DCTH/back to hamvestor
Posted by lcstrickland on 28th of May 2010 at 12:35 pm
I totally agree with the volatile market, makes trading an exercise in futility. I would not hold any biotech after ASCO. Altho DCTH is presenting at 2 more health conferences on 6/8 and 6/9. They are scheduled to present at ASCO on 6-5, so it could continue it's climb for a few days. I am too freaked out with this market to hold on to anything, take the profit and head for the hills!