June 10th Review

DAN - sold for 31.39% $3010 gain, nice for one day trade.

SQNM - bought this morning dip at $4.55 and sold at $4.95 for 8.79% $880 profit, example of scalping trade. People always take profits after big runs, you need little more skills and fast determination for scalping trade. Quick $880 in 10 mins.

VRNM - chart break out in my radar this morning, got in at $1.76 for $1.81 break out and broke $1.81 easily and flying to .95(hod). sold at $1.90 for another quick and easy 18.68% $1846 profit.

Two new positions for tomorrow

DDSS - DD for DDSS, huge volume coming in today! over $2 today, $3 target at least

DDSS $1.77 FDA Approval Pending (Nasdaq)- Strong Buy

1)Partnerships for Trazadone in USA. Seeking a partner upon FDA Approval
Major partnership already with Tramadol with Purdue Pharma (Maker of Oxycontin)

2)Approval of Trazadone (DDS-04A) on July 18th via a 505 for formulation change
(PDUFA date of 7/18/09)
http://www.labopharm.com/default.aspx?id=214

3) Phase III study published in A peer-reviewed journal providing evidence-based information to practicing clinicians. The poster, entitled Once-Daily Trazodone in Major Depressive Disorder: Double-Blind, Placebo-Controlled Study, concludes Labopharm’s trazodone formulation is an effective and well-tolerated treatment for MDD patients, which improves quality of sleep.
http://www.psychiatrymmc.com/

4) 49th Meeting of the New Clinical Drug Evaluation Unit (NCDEU) of the National Institute of Mental Health to be held from June 29 to July 2, 2009- Will present positive Phase III Data they submitted for Trazadone approval to the FDA
http://www.nimh.nih.gov/research-funding/scientific-meetings/recurring-meetings/ncdeu/index.shtml

Poster of Phase III Study to Appear at Scientific Meeting in Florida
Labopharm will present a poster discussing the results of the Phase III clinical trial of its novel trazodone formulation at the 49th Meeting of the New Clinical Drug Evaluation Unit (NCDEU) of the National Institute of Mental Health to be held from June 29 to July 2, 2009. The poster, entitled Once-Daily Trazodone in Major Depressive Disorder: Double-Blind, Placebo-Controlled Study, concludes Labopharm’s trazodone formulation is an effective and well-tolerated treatment for MDD patients, which improves quality of sleep.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6337663

Co-sponsored by NIMH and the American Society of Clinical Psychopharmacology (ASCP), NCDEU is a scientific meeting that brings together academic researchers involved in clinical trials, research pharmacists, clinicians and clinical staff, and investigators with the pharmaceutical industry. The NCDEU program includes presentations and information from the National Institute of Mental Health, ASCP, and the Food and Drug Administration (FDA).

5) DDSS one of only 7 FDA approvals left on the year!
http://seekingalpha.com/article/136045-vanda-pharma-an-extreme-fda-trade-that-paid-9-more-to-go?source=yahoo

6)Approval of Trazadone in other countries

PINN - gas play, oil momo, volume alert, watching this since last year, all oil penny stocks are on fire. Target = $0.80 first and $1.60 next.

Stock of the Day

FTK - finally(?) moving, up 27% today, nice volume, oil price rising, looking so good everything, see you at $5.

GNVC / ANDS also closed strong today :)

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Another sideway for the market today, four days straight. Oil prices strike new high for 2009, commodities and dollar price are rising. This is really confusing me, don't know which way to go.
But who cares? You always can find stocks you can profit with, right?

Good Luck

-Market Hunter-

June 9th Review

Positions traded for a gain : sold half ACLS for $1,400 gain / SHZ for $10,838
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / FTK / ANDS / GNVC / AFT / DAN


Another sideways for the stock market today, low volume. I can say that last three days of market was weird. Big and important news were out every day but we just haven't moved anywhere. I really can't figure out the market these days, doesn't mean that I can't pick a BOOM stock like GNVC anymore. Don't worry! :)

My stock of the day SHZ
I picked up SHZ at .69 and you know what happens right? booming to $2.43(hod) in 30mins. Made quick $10K.

and I bought some DAN @1.37 on LEA momo. Broken 1.40 support level, closed at $1.52.
Nice chart break out, will be another winner tomorrow.

GNVC - closed real strong, end of day squeeze, up 17%, don't chase this at $2.00, continued run in AH, gapper tomorrow, more shorts than SQNM, will squeeze harder.

SQNM - I'm not holding this anymore but another example of patience WINNER.

Congrats all winners today! Good Night!

-Market Hunter-

May 27th Review

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / CROX / BEE / BQI / MXC / SQNM / SMCG / DPTR

Today was pretty ugly day for the Dow. We lost almost everthing from yesterday's gain.
I didn't expect this much pull back. I thought its going be little bit of sell off in the morning and side way for few days, totally wrong. GM bankruptcy news was the big issue today, and I really can't predict tomorrow's stock market at this point. Still think market is uptrend though.

Ok let's talk about my stocks, I have 11 open positions which is not normal for me, usually trade 3-5 stocks at one time. I think I changed my trade style since I made this blog.
Actually, I bought 1 more today

DPTR - cheap, undervalued oil stock with CEO change news this morning, with today's oil momentum and new CEO, believe this is good sign for the company..

and here is watch for tomorrow

SOMX - watch this @ .60 this morning and pop so quick to .70 in second and waited for pull back but never happen. It closed at .91 today up 71%, what a monster move! This stock was $2.30s back in Feb. I heard company will resubmit the drug for approval in the coming days.
Let see this can move continue tomorrow or not.

오늘 예상과는 다르게 장이 오후에 폭락(?)을 했습니다. 제 생각에는 아직 마켓이 uptrend 같아 보이지만, 8200선을 먼저 볼수도 있을 것 같습니다. 제가 요새 오픈 position 이 너무 많습니다. 조만간 정리를 해야 하지 않을까 싶네요. 특히 바이오 스탁들은 ASCO 전 까지는 강세를 보일것 같지만 그 때가지 홀드하고 있는건 위험있으니까 조심하세요.

and Here is video from buysellshort.com

Stock Market Video For Thursday With Plays And Ta...
http://buysellshort.com/05_27video.html


-Market Hunter-

May 27th Review

Positions traded for a gain : sold WEL for $100gain / EFJI for gain $1,200
Positions traded for a lose : sold OPEN for $1000 loss / ATRC for $0 loss

Holding positions : MPG / VG / NWD / ACLS / CROX / BEE / BQI / MXC / SQNM / SMCG

Today Dow up 196 points and major stock indicator jumped more than 2% after a research group said consumer sentiment rose in May to the highest level since September. This jumped tells me that it could show similar quick reaction with bad news, I'm still cautious with confidence.

VG up 21% with good volumn.
MPG up 11%
ACLS up 9% with good volumn last hour, another patience play like VG
BQI up 7.5% closed @1.01. This is good sign that above $1

I bought 2 more stocks today.

SQNM - I think bottom is in and this is not a day trade stock. We need little more patience, presentation in ASCO this week.

SMCG - I'm looking for $2 this week. India momo play, chart looks good, bidder was showing up last trading hour. It should gap up tomorrow.

오늘 미국 소비자 신뢰 개선 소식에 장이 일제히 올라, 다우가 196포인트나 상승했습니다.
오늘 대부분 홀드가 잘 되었다고 보여집니다. 아직 마켓이 안정적이지 못해, 조금만 뉴스에도 크게 변동이 심해 보입니다. 언제나 수익 챙기시는거 잊지마세고, greedy 하지 마시고요.
내일 bad news 만 없다면 잘 홀드 할수 있는 하루가 될것 갔습니다.

Good Luck

-Market Hunter-

ASCO meeting this week

The 2009 ASCO Annual Meeting will be a forum for cutting-edge scientific and educational developments in oncology with a focus on personalizing cancer care.

ASCO stocks to play this week :

SQNM - breast cancer test
GNVC - pancreatic cancer
AGEN - releasing survival data on its kidney drug
CYSS - will release actural data on ASCO this week

Good Luck
-Market Hunter-

SQNM - Cancer Detectors?

check the ASCO abstracts on Sequenom just posted, cancer detectors

Volumn and news everything good now, possilble to $4 end of day today

Good luck

http://abstractsearch.asco.org/cgi-bin/ts.pl?index=442064&query=sequenom&opt=any