May kick myself for not selling close to the high this morning but think this will push past $11. with PDUFA coming plus still green so will give it a little more time.
Not liking & not losing all my green - out $10.04. Check it in the morning b/c will be in play for a bit
Well timed non FDA article bringing this down - watching closely. https://stocknews.com/news/ocul-cau...ogger-adam-feuerstein-regarding-the-companys/
Next week should be very interesting & glad i'm not back in (just yet) IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Ocular Therapeutix, Inc. and Advises Investors with Losses to Contact the Firm - "...On May 5, 2017, Ocular disclosed that the Food and Drug Administration found minor issues at its manufacturing plant, but downplayed any concerns. On July 6, 2017, Seeking Alpha published an article alleging that Ocular’s management has been misleading investors about manufacturing issues, including that more than half of lots manufactured by the Company contain bad product..." http://www.businesswire.com/news/home/20170707005600/en/
We shall fight on the beaches, we shall fight on the landing ground, we shall fight in the hills, we shall never surrender
Shorts are going to get smoked. 229k shares AH .... Oh BABY! Those shares I picked up in the low $6's are looking mighty fine
Glad i sold this morning - better discount now! Ocular Therapeutix™ Receives Complete Response Letter from FDA for DEXTENZA™ NDA https://finance.yahoo.com/news/ocular-therapeutix-receives-complete-response-210000480.html
Ocular Therapeutix™ Announces Proposed Public Offering of Common Stock - https://finance.yahoo.com/news/ocular-therapeutix-announces-proposed-public-210100367.html
Have to agree with bit hit man on this one - a year is crazy! Ocular Therapeutix™ Announces NDA Resubmission of DEXTENZA™ - https://finance.yahoo.com/news/ocular-therapeutix-announces-nda-resubmission-120000061.html
Hallo friends! I entered a new short position in Ocular Therapeutix Inc [OCUL:NASD]. This is a small-cap company (currently 170M$) that is constantly falling in price (for the entire history of being on the stock exchange). The company has good fundamental background for a further price fall: All time low (no resistance levels) Sector Biotechnology (best companies for possible bankruptcy) No insider purchases (there is one small purchase, and sales are much larger) No dividends Also we have a good technical background: Lower highs on the remaining bars Clear lever for breakdown + clear breakdown Close level retest (buyers have no power) No gaps and paranormal bars So, I took short sale at 2.13 with a stop loss at 2.48 and full take profit at 0.38 per share. See you in the next ideas. If you have questions – ask!
