The Babe's Trades

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  • tiedyed1
    replied
    Originally posted by mimo_100 View Post
    I looked at the volume by price on ARNA - the top of the resistance on the longest volume line was at 9.50. I bot some at the open today looking for a breakout thru this resistance - my target is 10.99 - what target do you have?


    http://scharts.co/WufIOj
    If I had my full position I would be taking some off around 10.20 and letting the rest run; however, based on not going in as much as normal and based on todays HUGE volume and pop, I am thinking let it ride to $11.40 area.
    Just my .02

    Wish all my entries were like this one....

    Another one I have brought up in this thread is VPHM, which I still really like and has been showing some nice rise this past week.

    Leave a comment:


  • mimo_100
    replied
    I looked at the volume by price on ARNA - the top of the resistance on the longest volume line was at 9.50. I bot some at the open today looking for a breakout thru this resistance - my target is 10.99 - what target do you have?


    Leave a comment:


  • riverbabe
    replied
    Originally posted by tiedyed1 View Post
    Hi Billy;
    I too got in (w/ half my position) at Monday's close at $9.20 and will be fine if I do not have an opportunity to buy the other half.
    Good luck!
    -Adam
    tiedyed1
    Chart looks poised for breakout. Presenting at JPM Healthcare conference so should get a very short term boost from that (tomorrow 1/9 @ 6:30 PM EST). Swing trade good idea billy & tied.

    Leave a comment:


  • tiedyed1
    replied
    Originally posted by billyjoe View Post
    tiedyed,
    Good eye on ARNA. I bought late in the day at 9.19 as a swing trade. Looking for a breakout on volume around 12 mil shares tomorrow. Breakout from consolidation just about at 50 & 20 DMA. Stop 8.53.

    ---------------billy
    Hi Billy;
    I too got in (w/ half my position) at Monday's close at $9.20 and will be fine if I do not have an opportunity to buy the other half.
    Good luck!
    -Adam
    tiedyed1

    Leave a comment:


  • billyjoe
    replied
    tiedyed,
    Good eye on ARNA. I bought late in the day at 9.19 as a swing trade. Looking for a breakout on volume around 12 mil shares tomorrow. Breakout from consolidation just about at 50 & 20 DMA. Stop 8.53.

    ---------------billy

    Leave a comment:


  • tiedyed1
    replied
    Arna?

    Hi River;

    I see this was one you traded about 6 months ago.
    ARNA had some nice action today and wondering...
    Looks like some good momentum.

    Any thoughts about an ARNA entry at this time???

    Thanks; -Adam
    tiedyed1

    Leave a comment:


  • riverbabe
    replied
    Originally posted by billyjoe View Post
    River, My son sent me this. Many consider authors' switch to long as shocking. Do you expect big news shortly? It's always been delayed in the past. http://seekingalpha.com/article/1092..._article_title

    -------------------billy
    I read this one yesterday and almost fell over. What a turn-around! As far as delays go, according to YB posts those with access to Pacer filings say it could be anytime, but the consensus now seems to be by March 1st because of the intervening holidays lately and requests by both parties and JJ's decision to push back the deadlines a little. I have a lot of patience -- all good things, etc.

    From YB yesterday
    "Filing 846 say:
    Under Local Rule 7 and Fed. R. Civ. P. 6, Oppositions to the Post-Judgment Motions are due on or before January 3, 2013, and Reply Briefs in Support of the Post-Judgment Motions are due on or before January 10, 2013.
    2. Because of the interceding holidays, the parties have agreed to extend the date to
    file oppositions to Post-Judgment Motions through and including January 25, 2013, and the dateto file Reply Briefs in Support of the Post-Judgment Motions through and including February 15,2013.

    Also in a previous filing JJ told them once all motions are timely filed and responded to he will have a ruling out within 14 days. So this could play out to March 1, 2013."
    Last edited by riverbabe; 01-04-2013, 08:19 AM.

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  • billyjoe
    replied
    River, My son sent me this. Many consider authors' switch to long as shocking. Do you expect big news shortly? It's always been delayed in the past. http://seekingalpha.com/article/1092..._article_title

    -------------------billy

    Leave a comment:


  • riverbabe
    replied
    Originally posted by Deaddog View Post
    Both are in a down trend. What catalyst will turn these guys around?
    AMRN, waiting for successful launch of lipid drug Q1 and good financials Q2, NCE status determination by FDA, BUYOUT still imminent.

    VRNG, the judge's final rulings on damages before Christmas or 1/4/13 at latest.

    12/21/2012 (tomorrow), the end cometh. What we worry?

    Leave a comment:


  • Deaddog
    replied
    Originally posted by riverbabe View Post
    Very nice!!! I'm still patiently waiting for AMRN and VRNG. You still in?
    Both are in a down trend. What catalyst will turn these guys around?

    Leave a comment:


  • riverbabe
    replied
    Originally posted by billyjoe View Post
    River, My son did buy TROV and is up 150% as of today. He's always been lucky or maybe has a hidden stock skill I don't share.

    ----------------billy
    Very nice!!! I'm still patiently waiting for AMRN and VRNG. You still in?

    Leave a comment:


  • billyjoe
    replied
    Originally posted by billyjoe View Post
    River, I e-mailed my son that article and he wondered if I knew about 2 other lawsuit based trades by the author. I don't know where he got that information but the stocks are NEON and a baby biotech, TROV. Do you know anything about any patent infringement suits with either of these ?

    ----------------billy

    River, My son did buy TROV and is up 150% as of today. He's always been lucky or maybe has a hidden stock skill I don't share.

    ----------------billy

    Leave a comment:


  • billyjoe
    replied
    Vrng

    I think the serious downward price swing days are over.




    --------------billy

    Leave a comment:


  • riverbabe
    replied
    Originally posted by Deaddog View Post
    Wishing you a great Thanksgiving!!!

    DD
    Thank you! Had a houseful. Now in process of hand-washing all the good china and sterling. A day's worth of housework. Oh well, it was fun! The WII got a good workout.

    Leave a comment:


  • Deaddog
    replied
    Wishing you a great Thanksgiving!!!

    DD

    Leave a comment:

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