See that it's been inching up a little but imo again, it with IMGN, INO etc, etc isn't really gonna do all that much until news but definitely some nice plays until then. AND CALA back down to $8's again but waiting this time b/c think it just might be going lower - sad too b/c has been a pretty good swing & i was just starting to get used to current levels but have this feeling. Definitely going to have to find some replacement plays b/c losing many of em. BUT still have a couple like VRX which is getting closer to $30 - only $7+ away now & is even further away from that gap down there GLYC broke out of normal ranges & made a new high on news but wasn't around to sell & still holding that one but might be selling some in the morning.
12/13/2017: "CIMB Likes Geely (GELYF) Best Among China Automakers:" 0219 GMT - GELYF: Initiating coverage of the China auto sector at neutral amid anticipation of further sales moderation next year, CIMB calls Geely "best-positioned" for long-term market-share gains with technology advantages that also justify its high P/E. Other winners include Brilliance and BAIC, who respectively have JVs with BMW and Mercedes. ([email protected])
right...CARA (unlike CALA) coiling - looking for breakout to 16's - recent hedge fund buy: $1.28M; VRX - excellent pick OHRP - gone ballistic in last month (insider buying):
Looks like VRX is off to a tough morning. I'm in at $16.90 so I'm still holding for a bit more profit. Good openers for shorts in IMO were - IMUC - TEVA I'm with you guys on watching CARA and OHRP close though.
Morning! 2 plays today >> back in GROW (at least for right now anyway) - IMGN short (will probably cover tomorrow.) PS - no time for momo plays today but SIEB was on radar (news) & spiked up real nice a few minutes ago so may have more
Fav: RVP: $0.73 + 9% - unusual vol. 2.3M - something going on - lots of insider buys - been posting about this for awhile - unique syringe + 27% in (3) months.
CRMD: $0.56: multiple insider buys reported after close (12/14) includes CEO & CFO: Baluch Khoso (CEO) B 104,166 Armstrong J. (VP) B 20,833 Cook Robert W. (CFO) B 52,083 Khan Mehmood B 52,083 Dillione Janet B 52,083 Lefkowitz Steven W B 135,416 Kaplan Myron B 104,166
late getting a little stock work out of the way and see that it did a double - $4.35 a/h & too bad that i changed my mind & opted to jump out the next day rather than give a couple days lol.
PIXY tripled from my original buy - $6.17 hod SIEB did have more & nice little recovery from lows. Grow sold @ $6.01 - IMGN short still open & is making up for early sell. SORL up nice & waiting on a few more QBAK cents. Over on $500 account now & missed but watching EGLT - Egalet Receives FDA Tentative Approval for Expanded Label for ARYMO® ER (morphine sulfate) C-II, an Extended-Release Morphine Product Formulated with Abuse-Deterrent Properties for Treatment of Chronic Pain - https://finance.yahoo.com/news/egalet-receives-fda-tentative-approval-110200536.html
sheesh no position & thought LFIN was done around $11 but turned out to be a real nice play >> $7.86 - $18.44 . ROKU trying for $50 again & needs to do it!!
ROKU has me worried, I got in around $17 on it and took that up to $45. I just don't know how much more it has left in it, I've been wrong before! VRX is back moving the right direction.
Little known ETF: FNG: $21.90 covers the bases: online, tech, semis, robotics, social media, foreign online, etc. (started 7/17): NAV: $22.27 (11/30 -5% discount). AMAZON.COM INC ALPHABET INC-CL.. FACEBOOK INC-A TENCENT HOLDING.. MICROSOFT CORP ALIBABA GROUP H.. INTUITIVE SURGI.. APPLE INC DXC TECHNOLOGY .. NETFLIX INC SYNOPSYS INC TWITTER INC TUCOWS INC-CLAS.. NICE LTD EBIX INC MAZOR ROBOTICS .. SNAP INC - A GTT COMMUNICATI.. SQUARE INC - A IAC/INTERACTIVE.. IPG PHOTONICS C.. NVIDIA CORP ADOBE SYSTEMS
3rd largest cryptocurrency - Ripple: $0.78 (XRP) Can be played thru SBHGF (ADR) - owns 10% & blockchain - corresponds directly with Ripple price: SBHGF: $22.90 - SBI Holdings - trades on NASD OTCMKTS. SBHGF links to financial technology -- the very reason that the fund manager picked the stock above other financials in the first place. The Japanese brokerage holds a 10% stake in Ripple, which operates a blockchain-based payment network built on XRP -- the third-largest cryptocurrency on the market today, behind Bitcoin and Ethereum. The companies also have joint venture SBI Ripple Asia. XRP's market value now sits not far from $31 billion. And with settlement speedier than bitcoin by a factor of 1,200, and transaction costs slashed to 1/18,800 as much, interest is growing fast. One unit of XRP fetched around 27 cents Tuesday. Its value had more than tripled by Friday, reaching nearly 90 cents in the early morning. SBI's stake in Ripple means that the Japanese company shares in this growth, at least as investors see it. Of the 100 billion units of XRP currently in existence, 40% circulate on the market, while the remaining 60 billion reside with Ripple. If it stands to reason that the value of these holdings has risen in line with the currency's market price, SBI is sitting on nearly $5.5 billion in unrealized investment gains. The company's market capitalization at Friday's close was 576 billion yen ($5.12 billion). SBHGF Chart XRP Chart - Ripple
Sat. Ripple + 45% in 24 hrs. $.78 - trading vol. 2nd to BitCoin Stock: SBHGF: $22 trades w/Ripple on NASD- easy to buy Ripple video explains unique aspects: https://ripple.com SBI's (SBHGF) links to financial tech. - holds 10% of Ripple - operates blockchain- - 3rd-largest crypto on the market behind Bitcoin and Ethereum. RippleNet to replace SWIFT for bank transfers. Up 45% Within the Past 24 Hours Over the past two days, the daily trading volume of Ripple surpassed that of all cryptocurrencies in the market apart from bitcoin. On December 15, the daily trading volume of Ripple doubled that of Ethereum. Previously CCN reported that the South Korean cryptocurrency exchange market pushed the price of Ripple up 71 percent within a single day, triggered by the collaboration between Japanese and South Korean banks to test Ripple blockchain technology-based payment solutions. Takashi Okita, the CEO at SBI Ripple Asia, emphasized in an official statement that in the upcoming months, Ripple Labs will continue to deploy and test its solutions and blockchain infrastructure in Japan and South Korea. “South Korea is one of the most active markets worldwide when it comes to blockchain innovation and trading of digital assets. With trade flows into and out of the country totaling $960 billion every year, we also see a high end growing demand for Ripple’s frictionless payments solution in the country,” said Okita. Following the announcement of Okita and the finalization of strategic partnership between South Korean and Japanese banks, the price of Ripple surged by more than 100 percent within a three-day span. Over the past 24 hours, the price of Ripple increased from $0.56 to $0.81, by more than 45 percent.
Nothing to worry about - wasn't around @ close & just now seeing it's up nice a/f >> $53+ but no sell set so will be watching pre real close!!
On another note - realized that i forgot to cover IMGN short before leaving on Friday but might luck out & make a bit more on it b/c someone unloaded 5+M around close, which is the first time i have seen a sell like that. Adding - doing stock work & LFIN definitely on watch. $25+ a/h - clearly wasn't done @ $11+ or even $18+!!