Tuesday, September 8, 2009

Sep 08 2009

Not bad for the opening of a new trading season: a few scalps on GE, LVS, QQQQ, NVAX, couple tight stops (when I say tight I mean it - 5 to 10 cents), and one nice 50 cents trade on OPXA short. So far so good.

Session Time: Tue Sep 08 00:00:00 2009

[08:03] {magoo} morning
[08:04] {nemo} mornmags
[08:17] {Threei} Las Vegas Sands Corp Completes pre IPO financing
[08:17] {Threei} - Has closed and funded its previously announced $600 million pre-IPO financing transaction. The company said it has the flexibility to utilize the net proceeds from the issuance of the bonds for general corporate purposes.
[08:17] {nemo} think I'll channel mags..."We in anything boss?"
[08:18] {Threei} BLTXX Baltic Dry Bulk Index: Rises just under 1.5%; fourth straight increase
[08:19] {Threei} lvs
[08:19] {nemo} $ looks ugly
[08:37] {brian3579} gm all
[08:37] {Threei} brian :)
[08:37] {nemo} borg
[08:41] {nemo} aig continues it's descent
[08:58] {magoo} gE upgrade
[08:59] {Threei} General Electric Co JPMorgan Raised GE to Overweight from Neutral, price target: $17
[08:59] {Threei} - See name as one of last heavily shorted names to recover in equity upturn.
[08:59] {Threei} - Firms Upgrade is based on an attractive relative risk/reward, mostly on sentiment, as one of the last stocks for which a little good news can still go a long way. In the look for non-consensus, catch-up stories, GE stands out as the last, in our view.
[09:00] {Threei} SVA Obtains Lot Release Certificate for Its First Batch of H1N1 Vaccine (9.14, 0.00, 0.00%)
[09:03] {Threei} - first lot of PANFLU.1, its H1N1 vaccine, has passed the lot release process of China's National Institute for the Control of Pharmaceutical and Biological Products and obtained the Certificate for the Release of Biological Products, which means the released vaccines are ready for delivery.
[09:03] {magoo} AIG downgrade
[09:03] {Threei} yeah, with target 15
[09:04] {Threei} so we now have targets 200 and 15 for it
[09:04] {Threei} I am confused
[09:04] {magoo} nice :(
[09:04] {magoo} yea..a lot of help there
[09:04] {Threei} American International Group, Inc Credit Suisse Cuts AIG to Underperform from Neutral, price target: $15.00
[09:04] {Threei} - Firm discloses near term monetization of value of businesses suggests little to no value for common equity
[09:05] {magoo} unfortunately, 15 seems more likely
[09:05] {Threei} it was getting old anyway
[09:05] {Threei} new plays are in town
[09:06] {nemo} can't short it still
[09:06] {Threei} LVS and GE on watch
[09:06] {nemo} by the way...money never gets old
[09:06] {larisa} good morning :)
[09:06] {Threei} half eye on SCLN
[09:06] {Threei} larisa :)
[09:06] {nemo} cmon, you got three
[09:08] {magoo} GE could be the one..a pointer
[09:08] {magoo} traders play it hard
[09:08] {Threei} but of course - target 17
[09:09] {fernp} good morning everybody
[09:09] {Threei} fern :)
[09:10] {Threei} before trading day started,
[09:10] {Threei} http://www.realitytrader.com/photography/
[09:13] {dino} gm all
[09:13] {nemo} beautiful spot
[09:14] {Threei} dino :)
[09:14] {dino} opxa, osir
[09:15] {nemo} wow, $ down big
[09:16] {ese} good morning......and thank you Vad for taking some pics of the show yesterday.
[09:16] {Threei} ese :)
[09:16] {Threei} fantastic performance
[09:17] {ese} just saw the email and will get a chanct to look at them a litle later
[09:17] {Threei} okay :)
[09:17] {ese} thank you.....i play ok for an old guy]
[09:19] {fernp} nice pics vad. Are you going to buy one of those floating-houses? :-)
[09:19] {Threei} well, I looked at the prices, but as soon as my wife saw me looking at them, her first reaction was:
[09:19] {Threei} too humid for my piano
[09:20] {fernp} lol
[09:21] {dptl} good morning all
[09:21] {Threei} dp :)
[09:23] {ese} dp
[09:24] {ese} opps....dddddddddddppppppppppppppp!
[09:24] {dptl} :)
[09:24] {Threei} lol
[09:25] {Threei} NQ is trading above recent highs
[09:28] {Threei} general feeling is, raly contuation,
[09:29] {Threei} want to see more or less decent pullbacks at the open or ranges esstablishd
[09:29] {Threei} LVS and GE are main candidates
[09:29] {Threei} then whatever scanner spits out
[09:30] {Threei} of course if MTXX says FDA is ok with its impact on sense of smell now, grab it and let it ride a few bucks
[09:31] {ese} out my nvax position from friday .71 +.09
[09:32] {Threei} Long Setup: LVS .40 break
[09:33] {Threei} if stays above .30
[09:33] {nemo} quick
[09:33] {nemo} in
[09:33] {magoo} in
[09:34] {ese} in
[09:34] {Threei} 1:1
[09:34] {Threei} thought of GE .55 but was a bit late
[09:34] {ese} out .51
[09:35] {Threei} second play is coming on LVS very soon
[09:35] {nemo} stopped
[09:35] {ese} =.06
[09:35] {magoo} never got out
[09:35] {ese} +
[09:35] {magoo} was like one second
[09:35] {magoo} at 1 to 1
[09:36] {nemo} got 1:1 but got last half out at stop
[09:36] {fernp} GE pullback
[09:36] {Threei} ummm
[09:36] {Threei} don't we trail second half after 1:1?
[09:36] {nemo} shoulda' didnt
[09:36] {Threei} GE, first strength from here
[09:36] {Threei} .56 long
[09:36] {Threei} if holding .50
[09:37] {Threei} if losing it, next range is .45 - .50
[09:38] {Threei} LVS .26
[09:38] {Threei} if holding .20
[09:40] {Threei} too fast?
[09:42] {Threei} GE no worky
[09:43] {nemo} market dumping
[09:43] {ese} i'm not getting "indu" index feed......anyone else not getting it
[09:44] {dino} scanners red
[09:44] {nemo} rimm holding pretty well
[09:44] {fernp} fine here, ese
[09:45] {ese} hmmmmm
[09:46] {dino} ed's down
[09:46] {ese} osir dino
[09:46] {ese} dn 4 bills
[09:47] {Threei} USD/CHF Rumor that SNB is 'checking rates'
[09:48] {ese} can't find news on OSIR.....anyhone?
[09:48] {Threei} .short lvs .25
[09:48] {Threei} if stays below .35
[09:48] {Threei} Short Setup: LVS .25
[09:49] {Threei} let's make it .29
[09:49] {Threei} tighter stop
[09:49] {fernp} in
[09:51] {Threei} over 1:1
[09:51] {dino} osir drug ph3 failed
[09:51] {ese} tks....where did you find that
[09:51] {dino} pretty much only drug they had from what i see
[09:52] {dino} yahoo
[09:52] {dino} opps cyber
[09:52] {fernp} out here. ty Vad
[09:52] {ese} hmmmmmmm
[09:52] {dino} prochymal fails
[09:52] {dino} no diff between placebo
[09:52] {Threei} 8:01:59 AM
[09:52] {Threei} Osiris Therapeutics Inc Releases preliminary results for prochymal Phase III GvHD trials; Neither trial met primary endpoint
[09:53] {Threei} 1;2 LVS
[09:53] {nemo} when you get a chance, could you explain the LVS setup? ty
[09:53] {Threei} sure
[09:56] {Threei} JAZZ Hearing takeover chatter circulating in the name (9.62, +0.35, 3.78%)
[09:56] {Threei} but of course
[09:59] {Threei} Long Setup: QQQQ .63 if stays above .55
[09:59] {Threei} all that JAZZ...
[10:00] {Threei} SLXP Receives FDA Marketing Approval for METOZOLV ODT (Orally Disintegrating Tablets) for Relief of Diabetic Gastroparesis and Symptomatic Documented GERD (12.94, +0.22, 1.73%)
[10:00] {nemo} did that invalidate, or is it now discretionary?
[10:01] {ese} L xlnx .07
[10:02] {Threei} let's let it stabilize and form new setup
[10:02] {Threei} .50 breakdown is formally short setup
[10:02] {ese} xlnx following the qqqq's
[10:02] {Threei} but I am not too jazzed about it
[10:02] {dino} gj lvs
[10:02] {nemo} rim shot ese
[10:03] {dino} hl slt s .00
[10:03] {dino} stop .31
[10:03] {Threei} I wish we still held that short dino
[10:03] {ese} yes......but not working to this point
[10:03] {Threei} didn't feel safe for anything but scalp
[10:06] {nemo} oh yeah...tomorrow is 090909
[10:06] {dino} hl s nihd .95 stop hod
[10:10] {Threei} watching WFC
[10:10] {Threei} for bounce
[10:10] {Threei} ideally, would like a quick pullback closer to .70
[10:10] {Threei} for entry
[10:11] {Threei} .80 break is an option, just my preference would be tighter stop and less chance for a shakepout
[10:11] {Threei} if took .80 break, stop under .70,m
[10:12] {Threei} if not - wait for pullback
[10:12] {Threei} no chasing
[10:13] {dino} slt stuck, tighten to .15
[10:13] {Threei} here comes pullback
[10:13] {Threei} .80 break if holding .75
[10:14] {Threei} in
[10:14] {Threei} market spikes
[10:14] {Threei} stop under .70
[10:15] {Threei} aggressive enough... tight stop
[10:19] {Threei} no go WFC
[10:20] {fernp} yes, stopped
[10:24] {Threei} ENER Hearing renewed takeover chatter circulating
[10:24] {Threei} - AMAT again rumored as a possible acquirer (10.75, +0.34, 3.27%)
[10:24] {ese} nvax
[10:24] {larisa} sigh
[10:24] {Threei} no news that I see
[10:26] {dino} giii l .26 stop .13
[10:26] {ese} l xlnx added more avg price .05
[10:27] {Threei} QQQQ setup is back
[10:27] {ese} same with xlnx.....have aggressive entry going here
[10:28] {Threei} to me, what happened up to tbis point feels like digestion of resistance,
[10:28] {Threei} preparation for breakout and rally
[10:28] {Threei} that's the working scenario at this point
[10:29] {Threei} that's why I wasn't delighted by the idea of shorting Qs on .50 break
[10:31] {fernp} .63 break?
[10:31] {Threei} let's see if we got it right
[10:31] {Threei} .63 itself originally
[10:31] {Threei} but who cares much about 1 cent
[10:32] {dino} inin
[10:32] {fernp} in .64 grrrr :)
[10:32] {Threei} meaning twice in dino? {G}
[10:32] {Threei} scalpers exit into spike above .70
[10:32] {Threei} day traders partial out
[10:33] {Threei} NVAX again...
[10:34] {dino} tighten nihd to .12stopped -.17 nihd
[10:37] {dino} amed hl l .70, stop .39
[10:38] {ese} out xlnx .15 +.10 thats it for me today all.....back to schoool and early staff meeting....Vad will check out them pics a little later ....once again thanks for shooting the show....cya
[10:38] {Threei} take care ese
[10:38] {ese} cya
[10:38] {dino} cya es
[10:48] {Threei} NVAX is for real or what
[10:50] {Threei} starts looking like momo
[10:53] {Threei} ECB"s Weber: ECB will raise rates and unwind measures in a timely fashion; Data increasingly showing that economic freefall is over
[10:53] {Threei} - Comments that does not see a credt crunch in Germany or Eurozone.
[10:53] {Threei} - rates are appropriate given the inflation outlook; inflation fears are unfounded; data create expectation for inflation to be subdued in medium term; WIll tighten monetary policy when there are upward risks to price stability.
[10:53] {Threei} - Cannot yet call the end of the financial crisis; and it is too early to withdraw stimulus at the moment.
[10:55] {dino} cyou
[10:58] {magoo} SVA
[10:58] {Threei} no news either... just a sector run it seems in all the swine flu names
[11:02] {dino} skt stopped -.19amed to .14
[11:02] {dino} out .23, +.53
[11:02] {larisa} gj
[11:03] {dino} ty
[11:04] {Threei} NY Fed: Purchased $4.95B in $300B outright coupons purchase; Dealers submitted $14.48B for consideration (bid to cover 2.93 )
[11:04] {Threei} - Heaviest purchase was $1.86B in the 05/15/16 maturity (shortest dated)
[11:05] {Threei} Long Setup: NVAX 6 break
[11:05] {Threei} for scalpers stop under .95
[11:05] {Threei} day traders .90
[11:07] {Threei} ECB's Nowotny: Euro unlikely to eclipse the USD as world's leading currency within 10 years
[11:08] {Threei} hmmm... I'd say, Euro's nearest task is to survive, let aline eclipse anyone and anything
[11:14] {nemo} lvs Vad
[11:15] {magoo} ni xavn
[11:15] {Threei} tough read
[11:15] {Threei} formally. ,30 break long
[11:15] {nemo} sure you didn't short mags?
[11:15] {Threei} lol
[11:15] {magoo} oh shit:)
[11:16] {Threei} I am just not very confident in it
[11:16] {Threei} hard core scalpers got their 1:1
[11:16] {Threei} (we all hate them of course, right? right/)
[11:17] {Threei} if anyone went for LVS, stop under .20
[11:17] {magoo} in lvs..looking for dime
[11:17] {Threei} I presdonally skip it but root for you
[11:19] {nemo} crap...went and got coffee
[11:19] {nemo} FCX wedging upward or triangle ascending...or...
[11:19] {Threei} ummmm
[11:19] {Threei} ok... I'll post it
[11:20] {Threei} you right wing nuts keep yourself in check
[11:20] {Threei} Reportedly Obama suggesting taxing sugary products like soda (related PEP KO )
[11:20] {Threei} NVAX 1:1 for day traders
[11:21] {nemo} you saying right-wing nuts or right wingnuts?
[11:23] {fernp} out NVAX. ty Vad
[11:24] {Threei} :)
[11:25] {dino} scl, vit
[11:25] {dino} scl thinny
[11:27] {Threei} QQQQ 1;1
[11:27] {_slentz} is this volume still like summer today
[11:28] {Threei} yeah, not overwhelming
[11:28] {Threei} IMF forecasts 2009 Eurozone GDP -4.2% vs -4.8% prior; 2010 GDP at 0.0% v -0.3% prior forecast
[11:28] {Threei} - 2009 Eurozone jobless rate above 10% getting close to 12% by 2011
[11:28] {_slentz} when will it pick up
[11:28] {Threei} day after day, slowly but surely
[11:29] {Threei} SQNM Ticks higher after report Co. to buy rights of methylated DNA deteciton process (6.07, +0.45, 8.01%)
[11:29] {dino} slentz, volume compare, go to sharkinvesting.com bottom right
[11:29] {nemo} or you can look at the home page of finviz.com
[11:31] {magoo} out nvax .14 TY
[11:32] {nemo} nvax shortable
[11:33] {magoo} yup
[11:33] {nemo} was a statement
[11:34] {nemo} are you "ni" mags?
[11:35] {Threei} back to LVS short while I remember
[11:35] {Threei} opull up 1 min
[11:35] {Threei} LVAS drops from .50into 16,
[11:36] {Threei} jumps back up to .30 and slightly over in just 3 vars.
[11:36] {Threei} At that punt it meets uppoer BB
[11:37] {Threei} volume on the bounce is lower than on prior selloff
[11:37] {Threei} which leads to an idea of shorting it into bounce
[11:37] {Threei} Next step is finding a trigger
[11:37] {Threei} .25 sewrved as temporary support,
[11:38] {Threei} sorry, resistance
[11:38] {Threei} turned into support now after the break,
[11:38] {Threei} .35 was touched briefly,
[11:38] {dino} vit s .20
[11:38] {Threei} then LVS dropped into .25 and bounced back.,
[11:39] {Threei} So, .25 turned into trigger for the first call, with stop above .35,
[11:39] {Threei} then it consolidated just a tad above .30, again touching but not breaking .35
[11:39] {Threei} which led to the modification of the trigger to .29
[11:39] {Threei} tighter stop, bigger perofit potentioal
[11:39] {Threei} somewhat higher risk of a shakeout
[11:40] {Threei} but 607 cents tosp, who cares
[11:40] {Threei} 6-7
[11:40] {Threei} helps, nemo?
[11:41] {Threei} GM Reportedly a report from the US Auto Task Force puts chances at about 60% that GM's CEO Fritz Henderson can "fix" GM
[11:41] {Threei} - briefing documents from a closed Aug 3 meeting being cited. (related MTLQQ )
[11:41] {nemo} yes...I missed the BB reaing
[11:41] {Threei} hmmm... are they busy with making bets on tsars?
[11:47] {dino} gold drop
[11:47] {nemo} fcx big drop
[11:52] {dino} 3 drop on gold
[11:53] {dino} gap fill coming imo
[11:54] {dino} nope
[11:59] {Threei} 45% Say Unions Weaken America, 26% Disagree
[11:59] {magoo} 26% of population work force is union :)
[11:59] {Threei} lol
[12:05] {Threei} guess who is on TV
[12:06] {Threei} your wait is over magoo
[12:06] {nemo} this is his major address to students
[12:07] {Threei} US House Majority Leader Hoyer: May support the health care reform without a public option
[12:10] {dino} giii stopped -.15
[12:11] {Threei} US) US Senator Baucus (D): Health plan reform bill may implement a 35% tax on health insurers with plans valued over $8K for singles and $21K for families
[12:17] {dino} stec l .49 hl
[12:24] {Threei} NABO...
[12:25] {Threei} NANO that was
[12:25] {Threei} a bit too thin on a bid side
[12:27] {magoo} FSLR xploded
[12:27] {dino} fslr
[12:28] {Threei} FSLR Signs MoU with Ordos City on Major Solar Power Plant in China Desert
[12:28] {Threei} - Pursuant to the MOU, the solar project in Ordos will be built over a multi-year period. Phase 1 will be a 30 MW demonstration project that will begin construction by June 1, 2010 and be completed as soon thereafter as practicable. Phases 2, 3 and 4 will be 100 MW, 870 MW, and 1,000 MW. Phases 2 and 3 will be completed in 2014 and Phase 4 will be completed by 2019.
[12:37] {Threei} so, let's decipher this market stuck here
[12:37] {Threei} fund managers and trading desk managers return from Hamptons,
[12:37] {dino} as does magoo
[12:37] {Threei} stay busy all morning with calls to wifes and back, describing how little Johnny prepared for school,
[12:38] {Threei} exchanged latest rumors with those who went to Aspen
[12:38] {Threei} then started looking at their screens
[12:38] {Threei} asking each other "is it for real?"
[12:39] {Threei} "what do we do/"
[12:39] {Threei} lety's run with this rally or let's try and be heroes
[12:39] {Threei} At some point they realized it's too rapid transition from vacation mode to work
[12:40] {Threei} and they better put it off till tomorrow
[12:40] {Threei} There... my version
[12:40] {Threei} I have no doubt that magoo's one includes 6 pack, nemo and dp's one includes vodka and Raven's one includes martini
[12:41] {Threei} larisa stays with carrot juice
[12:41] {larisa} right
[12:42] {Threei} me, I still can taste heavenly 15 years old Glenfiddich patience kindly poured in me this Friday
[12:43] {dino} ahhhh
[12:43] {dptl} :)
[12:44] {dino} vit stopped -.15
[12:47] {magoo} any read JAZZ vader?
[12:47] {Threei} no mags, sorry
[12:54] {dino} stec to .73
[12:55] {dino} opxa continues
[12:57] {dino} stec to .83
[12:58] {dino} cde?
[12:58] {dino} opxa invincible
[12:59] {dino} like dr evil
[13:00] {dino} out stec .89, +.40
[13:01] {Threei} TREASURY'S $38B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 3.02 V 2.89 PRIOR AND 2.58 AVG OVER THE LAST 10 AUCTIONS
[13:01] {dino} ener jumpy
[13:05] {dino} clw
[13:08] {dino} pmc
[13:08] {Threei} PMC Moves lower on report offices were raided by federal regulators (18.41, -1.31, -6.64%)
[13:13] {Threei} AIG To interview investment banks this week regarding life insurance unit IPO that could raise as much as $5B
[13:21] {dino} ebix
[13:23] {magoo} OPXA
[13:29] {Threei} one of those
[13:30] {magoo} sick
[13:30] {Threei} let me show you just how sick it is
[13:30] {Threei} it's pre-market news today:
[13:30] {Threei} 7:02:35 AM
[13:30] {Threei} Opexa Therapeutics Releases additional favorable Phase II data on Tovaxin in Multiple Sclerosis
[13:30] {Threei} - The results include further analysis of the double-blind, placebo-controlled, 52-week Phase IIb TERMS clinical study of 150 patients with Relapsing Remitting MS (RRMS).
[13:31] {Threei} quite insignificant news, don't you think?
[13:31] {Threei} now
[13:31] {Threei} here is another piece,
[13:31] {Threei} from Aug 13
[13:31] {Threei} Reports Q2 -$0.07 v -$0.36 y/y, Rev is nil
[13:31] {Threei} - Had cash and cash equivalents of approximately $0.8 million as of June 30, 2009, compared with approximately $1.2 million as of December 31, 2008
[13:32] {Threei} no revenue and running out of money
[13:32] {magoo} fund caught short
[13:33] {dino} i suppose tomorrow board files to issue shares
[13:38] {nemo} volume been tailing off a bit
[13:40] {dino} amed hl l .50
[13:55] {nemo} how's the coma vad?
[13:56] {Threei} something's missing
[13:56] {nemo} huh?
[13:57] {nemo} laserdave isn't here
[13:57] {Threei} dunno... fine coma but not the best I've had
[13:57] {nemo} ahhh
[13:58] {Threei} I guess I lack a good runner today
[13:58] {Threei} a few scalps, fine
[13:58] {Threei} but sprinckle some caviar on top of the bread-andbutter trades,, then my coma is much happier
[13:59] {nemo} a "rest in peace" kinda' thing...kinda'...sorta'
[14:06] {dino} clw partial fill l .65
[14:15] {nemo} you put the pillow under your chin Vad?
[14:15] {nemo} ooooh...amazon awake
[14:16] {Threei} Fed Discount Rate Minutes: No banks looking for discount rate increase
[14:16] {Threei} - some banks see labor market weakening the economic recovery
[14:16] {Threei} - Household spending was seen to be weak yet economy was stabilizing
[14:16] {Threei} - Most banks saw inflation as being subdued and would remain that way for some time
[14:16] {magoo} AEN
[14:16] {Threei} OPXA
[14:16] {Threei} risky as hell,
[14:16] {Threei} short on 6 break
[14:18] {Threei} if stays under .15
[14:18] {magoo} ion
[14:18] {nemo} hate those three words
[14:18] {Threei} CDC Briefing calls for quick treatment of patients with Relenza or Tamiflu if labored breathing determined (related GSK ROG.SZ )
[14:18] {fernp} out SYMC. I bought 15.60 breakout this morning...
[14:19] {fernp} I am practicing "patience"
[14:19] {Threei} no kidding
[14:19] {fernp} yeah. true
[14:20] {Threei} die OPXA
[14:20] {Threei} (US) Senator Reid: Determined to pass a bipartisan healthcare bill this year (related IYH )
[14:21] {Threei} over 1:1
[14:21] {Threei} covering half
[14:22] {Threei} I want more from it for all this risk
[14:22] {Threei} good boy
[14:23] {Threei} stop is trailed for the other half of course
[14:24] {magoo} under .50 im hoping
[14:24] {Threei} I intend to cover 1/4 more just above .50
[14:25] {Threei} here we go
[14:25] {Threei} .57 1/4 more
[14:25] {Threei} hey, I got my runner!
[14:25] {Threei} coma will be so much sweeter
[14:25] {magoo} out .44 TY BOSS
[14:25] {nemo} faller more apt
[14:26] {Threei} bidding .35 for the last potion
[14:26] {nemo} up runner's down cliff jumpers
[14:26] {Threei} I care about direction not
[14:27] {nemo} yoda's here
[14:27] {Threei} stop to just above .50
[14:27] {Threei} cacelling .35 bid
[14:27] {Threei} out
[14:27] {dino} mnkd
[14:27] {Threei} beauty
[14:27] {Threei} wtg mags
[14:27] {Threei} anyone else followed?
[14:29] {Threei} why do I bother to come out of coma...
[14:29] {magoo} excuse me?
[14:29] {nemo} you used those three words
[14:30] {Threei} never mind mags, I have to slam those sleepyheads
[14:30] {Threei} sheesh... could you take lousy 300 shares?
[14:30] {Threei} 15 cents stop
[14:30] {Threei} OK, 20 with slippage
[14:30] {Threei} what's the big deal
[14:30] {Threei} yuou see how much air under this thing
[14:31] {Threei} potential is much bigger than 15 cents
[14:31] {nemo} hate when you're so logical
[14:32] {nemo} yeah abolutely, Question: you last set stop at .50 but looking over around 1:00-1:20 I see those candle shaows stop @ .60, why did you pick that stop?
[14:32] {nemo} shadows
[14:32] {Threei} 1 - 1:20??
[14:32] {nemo} time
[14:33] {Threei} that was 1 hour ago
[14:33] {Threei} this is superfast stoxck
[14:33] {Threei} not very much respecting any technicals
[14:33] {Threei} it had support at .50,
[14:33] {nemo} o.k.
[14:33] {Threei} lost it,
[14:33] {Threei} tested it,
[14:33] {Threei} dropped more
[14:33] {Threei} I trailed stop to above it
[14:34] {Threei} it doesn't care very ,much about what it did 15 min ago, let alone 1 hour
[14:39] {nemo} opxa long now?
[14:39] {Threei} naaah
[14:45] {dptl} have a good evening all
[14:45] {Threei} take care dp
[14:50] {Threei} I find it hard to believe OPXA is not halted yet
[14:50] {Threei} stay the hell away from long side on this POS
[14:54] {dino} gold sm l .40
[14:56] {magoo} AKRX
[15:00] {Threei} JULY CONSUMER CREDIT: -$21.6B V -$4.0BE
[15:00] {Threei} - prior revised from -$10.3B to -$15.5B
[15:00] {nemo} WOW!
[15:00] {Threei} AKRX Hearing recent strength being attributed vague chatter that its Carboplatin injectable product has received FDA approval
[15:00] {Threei} - Note: On 7/30 the FDA disclosed ANDA approval for generic Carboplatin (1.43, +0.21, 17.21%)
[15:01] {Threei} can't believe this amount of rumnors
[15:01] {Threei} annual growth rate -%10.37 v -4.9% m/m
[15:22] {nemo} ohhh to short aig
[15:35] {dino} gold to flat
[15:36] {dino} out
[15:40] {dino} out amed .73, +.23
[15:47] {Threei} NVAX, worth overnight risk or not
[15:48] {nemo} just don't do an ese "20k of the little buggers"
[15:49] {Threei} lol
[15:49] {Threei} unlike ese, I don;'t have second profession to fall back onto :)
[15:58] {Threei} okay guys
[15:58] {Threei} thank you all
[15:58] {Threei} have a good evening
[15:58] {Threei} see you tomorrow
[15:58] {nemo} gnite
[16:00] {larisa} night all
[16:01] {magoo} ty all
[16:02] {dino} thx all
[16:04] {fernp} good evening