Jiesen tries to take over the world

[jiesen]

I take it you did not buy any more AMLN. If not, I'd wait for the $16.50 mark, because I don't think it will be too long before she comes down to this level.

Actually, I did pick up more shares at $19.4 (mentioned it in the AMLN thread). I don't believe we'll see it fall quite that far. My stop is at 18, and I don't expect it to get hit. Monday may give us a better clue though, since more script data will be out then. Short position has increased from around 15M shares to around 25M, without the effect you would expect that to have. When they need to cover (and they will) AMLN will take off.

[New-born baby]

Amln

AMLN is also at the top of my list right now, and if it pulls back another $1 or so, I may jump back in with both feet instead of just one.

I take it you did not buy any more AMLN. If not, I'd wait for the $16.50 mark, because I don't think it will be too long before she comes down to this level.

[New-born baby]

ENG and REGN

By the way, what did your friend end up doing with the $$, NBB?

Sorry I missed this while on vacation. We put the money in Canada, and made about $414 on StormCat Energy. Then we put money into ENG and REGN. ENG paid off to the tune of about 11%, and we are up about $30 on REGN. The rest is in cash. Mr Market's picks are too pricey for this $2770 account. Considered buying BEL for $2.93, and am kicking myself for not doing so. Considered ALTI at $2.91. ZICA-put a limit order in for $2.55, but it didn't fill, and truthfully, I am not sorry (at this point). I want to consistently get base hits for this friend. Another friend I put into KBH today. I hope I am not sorry for it later.

Any other picks you'd like to throw up on the board?
God bless Jiesen.

[Websman]

http://finance.yahoo.com/q/bc?s=INSP...l=on&z=m&q=l&c=

This one popped back into view for me, anyone else see any possibilities with this one at $24? Of course the last time I bought this it was at around $900 (split adjusted). Good thing I took my 5% loss and moved on, eh?

Might be a possiblity. I'll have to research it this weekend.

I'm thinking that DHB might be a good buy, after the drop today.

[jiesen]

INSP, anyone?

http://finance.yahoo.com/q/bc?s=INSP...l=on&z=m&q=l&c=

This one popped back into view for me, anyone else see any possibilities with this one at $24? Of course the last time I bought this it was at around $900 (split adjusted). Good thing I took my 5% loss and moved on, eh?

No, I was too stubborn on my $88-89 buy price, and let it get away from me today. I'll wait to see what it does next week, but if I can't get HANS, there are plenty of other fish in the sea...

AMLN is also at the top of my list right now, and if it pulls back another $1 or so, I may jump back in with both feet instead of just one.

Good plan! AMLN 200 DMA at 20.33. IMO that will be ideal.

[Websman]

Sold the rest of my NGPS today for about a 70% gain over 4 months. (guess it works out to more like 30% when you figure the 5% loss I took on half of the position). Still not too bad, eh? I still think this will go to 40, but it could still pull back to 20, so I'll take my chips off the table while I'm up, and maybe come back to this one when it's more attractively valued. In the meantime, I'll look to put the money into HANS or CMTL if they pull back, or the next HUGE $$MM pick.

Ahhh man, and it's just getting started. lol

Seriously though, congrats on the profits. Maybe we'll both get lucky and will be able to buy NGPS back at $20.

[jiesen]

Mucho congrats, Jiesen. Did you ever manage to get back into HANS?

No, I was too stubborn on my $88-89 buy price, and let it get away from me today. I'll wait to see what it does next week, but if I can't get HANS, there are plenty of other fish in the sea...

AMLN is also at the top of my list right now, and if it pulls back another $1 or so, I may jump back in with both feet instead of just one.

Mucho congrats, Jiesen. Did you ever manage to get back into HANS?

[jiesen]

Sold NGPS at 34.4

sold half of my NGPS at 19 today (cutting my losses from 20), decided to put it into the next $$MM pick instead.

Sold the rest of my NGPS today for about a 70% gain over 4 months. (guess it works out to more like 30% when you figure the 5% loss I took on half of the position). Still not too bad, eh? I still think this will go to 40, but it could still pull back to 20, so I'll take my chips off the table while I'm up, and maybe come back to this one when it's more attractively valued. In the meantime, I'll look to put the money into HANS or CMTL if they pull back, or the next HUGE $$MM pick.

[Websman]

Damn, now I'm REALLY wishing I had picked up that DRRA at 3.50! Even 4.50 would have been great:

http://finance.yahoo.com/q/bc?s=DRRA&t=3m&l=on&z=m&q=l&c=

By the way, what did your friend end up doing with the $$, NBB?

You should still be able to get back in at about $5.30, if it fills the gap. It looks like it might possibly have a good run.

[jiesen]

Ok, in short here are some ideas for low-dollar values:
My #1 holding and best rec (long term, though): LJPC
Quickest to profit, but riskiest: GFCI
Very stable, and great long-term value: DRUG
Controls $3B in revs with an $80M market cap: DRRA
Each should give great returns long-term, but whether next week will give a pop is anyone's guess. I'd say GFCI is the most likely to jump 20-30% in a week, but also the most likely to drop 20%. I hold all of these except DRRA (would have liked to get in at 3.50, but missed out on it)

Damn, now I'm REALLY wishing I had picked up that DRRA at 3.50! Even 4.50 would have been great:

http://finance.yahoo.com/q/bc?s=DRRA&t=3m&l=on&z=m&q=l&c=

By the way, what did your friend end up doing with the $$, NBB?

[Websman]

I'm starting to like GFCI.PK. I may have to pick up a few thousand shares on Monday.

[IIC]

Sometimes at Scottrade you cannot buy via the Net...you have to call. I found that out one time when I wanted to buy QBID.pk...5,000,000 shares at $.0001...I was too lazy to call... It was early Jan '04......the thing goes to $.02...even with the spreads I woulda made a bundle...$100k...Such is life

[jiesen]

Jiesen,
I like that GFCI.PK--would pick up some shares except Interactive Brokers says I cannot buy that stock via their firm. Have I got the correct symbol? Who is your brokerage firm?

I have Scottrade, and they've no problem buying those shares for me.