The Babe's Trades

[riverbabe]

To bring this up to date, AGNC sold yesterday 30.06 after divi (to be paid 4/26) and +2.38%

Doubled down on NUAN for full position Monday 4/2 av. 25.94. Target 32+

[billyjoe]

River,
AGNC is a nice stock to own these days. Especially if you can collect a few div. checks and get out with a point or 2 gain on top of it. I wonder if any of the banks in your area have much upside such as Key or PNC. They help me find silver dimes and halfs . Have any of the traditional Cleveland banks survived the merger mania of the past few years?

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

p.s. I either lost your e-mail address or have an old one that's no longer valid, could you please resend?

[riverbabe]

Friday,
long AMRN @ 11.88
long AMLN @ 25.59

from before Friday,
short PNRA @ 159.01
long NUAN @ 25.94

[riverbabe]

Pnra

Thar she blows!

[riverbabe]

Chk

Have order in for starting long position. I think this one is a good takeover candidate. We have to be close to a bottom here. http://stockcharts.com/h-sc/ui

[billyjoe]

River,
It's too bad I've been holding CHK for awhile. Somebody's going to make money off it but probably not me.

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

[riverbabe]

River,
It's too bad I've been holding CHK for awhile. Somebody's going to make money off it but probably not me.

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

CHK was one of the first stocks I owned, a hundred years ago, when my "real" broker told me it was the only utility in the US that hadn't been taken over. I owned it at just about this price too until I gave up waiting for it to do anything. We shall see... . Order not filled yet but getting closer.

[billyjoe]

Have order in for starting long position. I think this one is a good takeover candidate. We have to be close to a bottom here. http://stockcharts.com/h-sc/ui

River,
After further research concerning CHK earnings, nat. gas prices, and trading activities of Aubrey McClendon I don't think CHK has bottomed. Although they say not to average down, I might do it with Chesapeake. We all know that eventually we'll look back and say "those were the days" about current NG rates. Not looking for a swing trade but a possible long term hold.


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

[billyjoe]

River,
CHK up 2.31% today. It's possible my opinion was wrong.

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

[riverbabe]

Chk

Added to CHK in PM today for full position.

Currently holding long
CHK @15.75
NUAN @ 25.94
AMLN @ 25.59
AMRN @ 11.89

short PNRA @ 159.01

Low bid in for AMRN to increase position.

[Deaddog]

Hey there good lookin:

You got a target for PNRA?

How about stops on the other trades?

[riverbabe]

Hey there good lookin:

You got a target for PNRA?

How about stops on the other trades?

I'm watching it tumble. Looks like the next support is between 140 and the 50 at 135 on the weekly. No hard stops.

The others: AMLN and AMRN are bo targets. Waiting them out, no hard stops, news-driven.

NUAN and CHK are down past my mental stops. Thinking of selling calls. Not too worried yet. Optimistic about Icahn and CHK. Going to be volatile for a while. NUAN, calls looking like good option. Long term I still like this.

[Deaddog]

The others: AMLN and AMRN are bo targets. Waiting them out, no hard stops, news-driven.

NUAN and CHK are down past my mental stops. Thinking of selling calls. Not too worried yet. Optimistic about Icahn and CHK. Going to be volatile for a while. NUAN, calls looking like good option. Long term I still like this.

The problem with news driven stocks is that they usually react to the news a lot faster than you can place an order. This is great if the news is good but a real downer when it isn't.

Tell me, young lady, how you use a mental stop? I know I don't like hard stops because every so often you get a spike against your position that recovers in minutes. I set alerts so that I know the stop price has been violated then I have a specific plan to deal with the problem. Saved my ass with NUS.

[riverbabe]

The problem with news driven stocks is that they usually react to the news a lot faster than you can place an order. This is great if the news is good but a real downer when it isn't.

Tell me, young lady, how you use a mental stop? I know I don't like hard stops because every so often you get a spike against your position that recovers in minutes. I set alerts so that I know the stop price has been violated then I have a specific plan to deal with the problem. Saved my ass with NUS.

Charts are no help with news-driven stocks that turn on a dime in a split second. Stops are no help either because they slice through them like jello. I am sufficiently confident about AMRN and AMLN to be in them at all. AMLN is already up for sale and Carl Icahn wants a sale. First offers due in two weeks. I am up 6.29% and greedy for more. Looking for 30+, currently at 27.22.

AMRN is patent-news dependent (and I'm a patent person, i.e., patent practitioner, remember?) and it has an FDA decision date coming up middle of July. It's a Irish company. Lots of European pharmas for interest in bo. Can you say, "Omega 3 fatty acids" in purer form than previous, and lowers triglycerides (TG) as well as cholesterol in high TG people. BETTER THAN STATINS. Fantastic Phase 3 results. Potential blockbuster. Hello Pfizer?

I CAN REACT IN A SPLIT SECOND, THE MILLISECOND NEWS COMES OVER TWITTER, WHICH IS FASTER THAN ANYWHERE ELSE.

No need for alerts for stop price violations for the rest. My screens are in my face every market moment of every day. In the past have had too many MMs reach down and grab my hard stops. Now I ride bareback and naked.

As for the plan. I have one for each stock. It may not be as RIGIDLY price driven as yours. PNRA now at new low for day.

[Deaddog]

I CAN REACT IN A SPLIT SECOND, THE MILLISECOND NEWS COMES OVER TWITTER, WHICH IS FASTER THAN ANYWHERE ELSE.

Unless the markets are closed when the news hits.

Now I ride bareback and naked.

Now there is a lovely visual

PNRA now at new low for day.