ONXX Onyx Data Deliver the Goods

Now really Loki, Mr. Biotech/Pharma dude...this is your kind of posty thing not mine. We have chatted about the ASCO meeting held this past weekend since I am now kinda/sorta working on the periphery of this industry and you follow biotechs.

But I'll post since you are not on the job tonight after single-handedly calling alerts in the chat today! Many thanks for that.


Couple of links about the conference here:

The Top Stocks From Biotech Confab ASCO

Onyx Data Deliver the Goods (Man, wish I had held that swing position from last month.)

Anyways, some interesting stuff there if you follow bio/pharma stocks.

AH+Earnings=OoooooBaby

Pradeep, in his blog Stockbee, has said a lot about earnings related spike in the stock prices. I would like to add my observation to the concept. I understand for some of you it might not be something new,to them I'll plead that I'm just a "newbie" so kindly bear with me.

It's basically for those who keep a close eye on Pre n AH, I found it useful to make a list of stocks that appeared on Pre and Ah because of their positive earnings. Not only, such stocks, run well that day there are strong chances that they might start running again within a period of few days/ weeks. Some may gap up tht day, go down the next and start moving up again.
Forexample
CPWR appeared on Ah -MAy/15/07


HSOA -Ah on May/9/07



There were many includin AIRM,FWLT,NDN(yest)andVDSI (today) to name a few. It may not always happen this way but FDA approval for Pharma/Bio, earnings along with pre /ah can be the rule of thumb.

LATE NIGHT R.E.M.

The Power of "Wwweeeeeeeeeee"

Trade to trade well", I read that somewhere and thought to myself ...."HUH?! What the crap!" What happened to the trade to earn well"? But it didn't take me long to understand that "trading well" itself entails a sense of acheivement. A few days at Muddy's chat and you are a part of that exciting, terrifying yet fulfilling experience which can only be expressed as, in Muddy's words, "Wweeeeeeeeeeeeeeeee".Believe me there's no other way to express it .
"Wweeeeeeee" is the sound of a rising stock which transforms into the sound of success if you have been able to pick it on time.Please don't under estimate the "weeeeee" powers;it is an overwhelming sensation. Once under the spell u can be high for days;smiling to yourself and others to an extent that people think you are crazy or hitting on them :)
I am grateful to Laura and Muddy because of their encouragement and help I've been able to witness/taste a few "weeeeees" like yesterday:
CSUN Loki has already mentioned that
DUSA opened at 3.69 and kept soaring till it hit 4.76...(."jiggy" in Muddy's lingo)


Dusa is a "pharma stock" and the reason for its big show was FDA's designation to its drug. This one trait common to all pharma stocks, FDA has the power to make or break them e.g DNDN. So before indulging in any "pharma stock" please check the news/rumors.

***MY TRADES 5/17 5/18

DAWG Trades Friday 5/18

DRL in 1.02 out 1.03
VSCN in 15.66 out 16.35
THK in 2.60 out 2.84
ENOC in 31.13 out 31.81
TECUA in 15.70 out 17.15
DSTI in 4.03 out 4.53
OMR in 7 still holding at close price 8.32, expecting gapup on open

Again, thanks to Loki, for early news alert on OMR shipwreck find.

Thursday 5/17

DUSA in 3.87 out 4.50
TUBR in 2.28 out 2.41
AVNR in 2.81 out 3.19
TTGT in 15.20 out 15.17
TECUA in 14.05 out 15.72
CSUN in 13.04 out 16.48

Thanks go out to "MR. IPO", Loki for CSUN.

CSUN

"I love the smell of a good IPO in the morning." Every once in a while one will come along and fly from the get go. Today we had CSUN which started trading. Stock opened at $12.00, did a quick dip to $11.77 and took off from there as you can see in the chart. Stock closed at $16.59 near the HOD of $16.70 on heavy volume. This is why I monitor the IPO scene. Sweet!!!!

Chat Room, Please Read

We have made some changes to the chat room code (no ads!). If you are having problems logging in, clear your browser cache and try again. Starting around June 1st, if you haven't already done so, you will need to register a user name with Parachat to access the chat room. It doesn't cost anything to register.

Muddy's Filters

I mentioned a few stocks on the MOMO list in the chat on Friday. From this list I put up DCNAQ alerted at 1.35 and MBKR at .75. Nikki first alerted VII early at about $10. Some nice gains from this scan.

Someone said that it would be useful if we put these on the blog. The filter is really simple and is already here on the blog under the Important Posts link on the sidebar, FILTERS I USE. It is the first filter mentioned in that post.

FLOAT

There have been some huge runners in the past few weeks,many of them lesser known stocks with LOW FLOAT.
New readers here if you're interested in low floaters I urge you to check out... http://stockbee.blogspot.com/

Friday's post by Pradeep is as usual very informative:

Revisiting float

FRIDAY'S MOVERS ON MY WATCH 5/14

With decent volume and dayrange:

DNDN OPBL DCNAQ NFI BFTH ONT RTK NGA PUDC ANO IDSA TKO SIF AVII VII ICOPW COTE NFLD ABIX CYDS

BEAT DOWNS FOR 5/14

With good dayrange and decent volume:

DESC BRLC CNR MAMA OPX FFHL MOVI WYY POP HMB CFUL TVIN AVZA AWNE AENS TEXG BPG BSQR NNPP AGEN

DAY RANGERS WEEK OF 5/14

DNDN OPBL DCNAQ DPHIQ BFTH NRMX CPNLQ NGA PUDC IDSA SIF KDKN HMB VII MDII NNPP CFUL AVZA ICOPW AENS TEXG ARGA IDMI GLGC ROCM PRVT COTE MEMY BSQR CHYS NFLD BVSN UPBS EDGR CYDS MATH THK NNRF BTEM SWRI

DAY RANGERS WEEK OF 5/7

ONT CPNLQ NFI NRMX MGRM DPHIQ ISTA AVNR KDKN OPBL PUDC MDII AGIX RPTN NNPP NGA IDMI TEXG CHYS RBY SWRI ANO DRL EVCC CPTC SCRA MBKR DHBT USSU CHCG QBIK TJRUF CBRX HKFIQ IDSA FORG BDSI BPG NNRF CYRX

SUNDAY MORNING WAKEUP

OH MAN, I'VE BEEN TAGGED

I've been tagged by Craig over at Taz Trader.
So I'll give it a go.

My Five Obsessions:

1. My pets, 3.25 dogs and 6 cats
2. Chocolate
3. Lifting weights
4. Meat
5. Music

Why I Blog:

1. Because it's all about ME and I love to read what I've written.
2. Because it's all about ME and I love seeing my picture on the internet.
   
3. Because it's all about ME and I love having quick links to the music I like.
4. Because it's all about ME and I love to watch my hit counter tick up because I am sooooo popular.
   
5. Because it's all about ME and I love to go back and admire my trades.

I'm tagging some blogging women. I admire women traders because it's not an easy world for them out there.

1. Multiple Streams Trader
2. Blonde Money
3. Trading Goddess
4. Stock Market Girl
5. Laura (Because I needed a fifth one, I'll throw Laura in as filler. Besides Ah Said it's all about ME)

SUNDAY MORNING WAKEUP (ROCK N ROLL GIRLS, Weeeeee)

AH BUT.............................

Pradeep Bonde said...

"You should trade Episodic Pivots with longer holding periods rather than as day trade. Most of them offer best risk rewards for 2-6 weeks holding periods."

I wouldn't doubt anything you say,believe me,but......

I got the "need for SPEED" :)
And besides this way I couldn't care less if the market slides down for days/weeks/months as I'm all in cash at the end of the day.
Makes for way less stress and that sounds good to me.

BONEHEAD OF THE DAY

Ok, so for the week I had a pretty good win/lose percentage but the closest thing I had to a rocket launch was on Wednesday with IDSA at 25%.
Today I could have probably topped that one but I BLEW IT.
In the chatroom Slotmonkey put up IDMI which turned out to be a super alert.
At the time I was holding quite a few stocks and since I thought to myself, "I don't recognize this stock" I didn't even bother to do a quick chart on it.
It ran from about 7.20 to a hod of 9.68 right near the end of day.
After the close I looked at the chart and couldn't believe it.

...I HAD POSTED ABOUT THIS SAME STOCK ON 4/7!

This is great, here is what I said:

Saturday, April 7, 2007

SPEAKING OF IDMI

As Stockbee would say, IDMI had an episodic moment. That's why it's important to remember Former Runners. This stock may never go again, but many do, and that's why it's important get to know stocks and how they behave.
They may go quiet for a long period of time, but when one day they start running on the HOD list (with volume), you better pay attention!

Ya gotta love where I say "YOU BETTER PAY ATTENTION"
This is why I love trading stocks,you just never know what will happen next.
It's also why I lost an ego a long time ago.
As long as I've been trading I still pull bonehead moves like this on a regular basis, haha.

Every day, "WHAT A RUSH" is right!

WATCHES 4/27

AMRN MDII NNRF ONSM TGEN ZROS CYRX ALAN LGBT KALG BBA IDSA SOLUQ RPTN PACT VII EVCC USSU BTEM BFT

These stocks lost 8% or more yesterday.
Many have good dayrange.
Many have had a recent sq/vol/breakout and have pulled back.
Some have even pulled back into the "zone",EMA30/SMA10.
Ones in this zone are:

MDII NNRF ONSM TGEN CYRX RPTN VII BFT

Ones with big dayrange,listed in descending 30 day average:

BFT NNRF BTEM MDII ZROS CYRX TGEN USSU AMRN ONSM RPTN IDSA ALAN VII

As most of you know I pretty much watch the rolling hod list on Scott to try to find ones I feel will have a good move left.
Talking to some folks about this I was surprised to find that a few didn't realize that when the list is rolling that it will highlight the stocks you have on the screen under it in BLUE.
What I do is put my main list for the day,like this one,up and then put the hod list on,that way when any of these 20 stocks hits the hod list it is so easy to spot.

***MY TRADES

DAWG Trades

I've had a few emails asking if I can post my trades I make so I'll try to post the trades I make each day.
I'll do this for the next couple of weeks and if it's popular I'll keep it up, if not I'll stop.
I'll start with Monday's to today's and add a new post every trading day.

Please, if you have any questions as to why I entered any particular stock don't hesitate to comment.
That is what this is about, maybe some can learn off it.

Tuesday 7/10

ASYS in 9.50 out 10.21
BBND in 14.12 out 14.74
CTIC in 4.55 out 4.49
CYTX in 5.88 out 6.04
ELON in 17.39 out 20.50
FONR in 7.09 out 8.61
IMAX 4.53 out 4.66
OBCI in 2.52 out 3.22


Wednesday 5/16

MPWR in 17.03 out 17
NGA in 14.65 out 15.51
CLRK in 25.25 out 26.17
BTEM in 1.74 out 1.90

Traded crappo today,passed on way too many like CFUL AWNE JADE ONT TUBR UVE that I normally would have hopped all over. No killer instinct today and not sure why.

Tuesday 5/15

TBSI in 18.63 out 19.83
AVNR in 2.72 out 2.93
MODG in 2.01 out 2.59
ATEA in 7.59 out 8.75

First day back trading since Wednesday and it felt good.
Out of my 4 trades only 2 I spotted on my own. MODG gave me 29% courtesy of a great headsup by Slotmonkey and the ever hod list stalker,Loki, spotted and alerted AVNR.
If you frequent the chatroom you know I hardly make it there by 9:30 most days as I'm really lazy and get to doing other stuff.My mission is to spend the least amount of time doing stock research as possible and enjoy other things,so when I showed up 45 minutes early today it surprised even me.
Last night on afterhours I saw one of my all time favorite low floaters ATEA up 30% with volume and I could hardly wait to get started.
From the past I remembered this one and how it could run and it paid off.
Like I've said many times,try to log or remember these kind.
From todays chat:

(May 15-08:52) Muddy: gm....JJ, LOKI,you know ATEA,right?

(May 15-08:56) Muddy: but you from past i think was you and/or JJ

(May 15-08:56) Muddy: you know *

(May 15-08:57) Muddy: i traded it before with someone,might have been JJ in old chat,forget

(May 15-08:58) Muddy: its a big runner on no news at times i

(May 15-08:58) Muddy: in past

(May 15-09:06) Muddy: ok,in dec yeah,and i've seen/remember in 2005 when 8 to like 25 ATEA

Wednesday 5/9

OSIS in 28.30 out 29.15
TUBR in 3.65 out 3.98
CELL in 13.60 out 13.69
ENER in 36.10 out 35.77
UHCO in 22 out 21.74
BPHX in 9.05 out 10.12
TEXG in 2.08 out 2.46

No trading for me until maybe next week sometime, getting burned out again, I'm finding it hard to stay motivated and that's not good.

Tuesday 5/8 :

NGA in 12.90 out 13.92
ECGI in 4.04 out 3.84
NILE in 54.18 out 56
KRY in 4.50 out 4.56
COTE in 1.69 out 1.94
STLD in 47 out 48.10
OMPI in 15.81 out 16.89
GOAM in 6.40 out 6.80
UHCO in 19.85 out 20.90


Monday 5/7 :

TEXG in 2.80 out 3.95 ( added more @ 3.19 )
SYNL in 38 out 40.65
SORC in 6.22 out 6.52

Friday 5/4:

SFLY in 18.40 out 18.10
INAP in 17.01 out 18.90
MOBE in 3 out 3.50
NNPP in 1.71 out 1.88
IDMI in 9.02 out 9.13
BIOS in 3.90 out 4.30

Really good day for me to top off one of my better weeks since I've gone to exclusively daytrading
BIOS went from 3.90 to 4.70 in less than 10 minutes which was quite a rush.
It came down from 4.70 so fast I missed my stop at 4.55 and I outted at 4.30 which was still ok.
I jumped right on this one as soon as I saw the b/o because I remembered the huge fast run it did back on 11/22


Thursday 5/3:

IDSA in 14 out 15.12
SWRI in 1.47 out 1.65
TSYS in 4.73 out 4.59
NTLS in 22.06 out 22.90
NVEC in 34.07 out 34.76
EVCC in 2.30 out 2.49
SMDI in 10.50 out 10.89
CPNLQ in 3 out 3.17
CEDC in 33.03 out 33.62
GTI in 11.55 out 12.10

After my stop was hit on EVCC at 2.49 near the end of the day share price plunged to close at 1.94.
It'll be near the top of my watches again for Friday,along with KDKN HPLF NNRF OPBL as ones that took a hit




Wednesday 5/2:

ININ in 17.10 out 18.62
TTMI in 10.51 out 12.09
ANPI in 6.04 out 6.61
EVCC in 1.83 out 2.10

I never saw ANPI hitting the hod list but I traded it off the great headsup by Slotmonkey in our chat.

Caught EVCC again for another 15% making it 52% over the last 2 days.
It has run 83% in the last 2 days and I've gotten 2 nice middle pieces from it.
As I've said before this is my goal, to take middles and move on to the next one.
I'm not trying to guess tops and I'm not trying to guess bottoms, for me anyway, it's alot less stressful and so far I can't argue with my win/loss or profit ratio.



Tues 5/1:

RX in 30.28 out 31.58
TRCR in 14.23 out 15.29
EVCC in 1.33 out 1.82

Good day today, just how I like them, just a couple trades, all good profits with a close to rocket launch on EVCC at 37%


Monday 4/30:

AVNR in 3.70 out 3.60
XFML in 11.60 out 11.60
GROW in 26.80 out 28.05
ROCM in 24.06 out 24.46
IOTN in 6.20 out 6.34
MDII in 1.82 out 1.86
AGIX in 3.18 out 3.45
CRNT in 6.75 still in, held,out Tues 6.94
SNCR in 23.45 out 22.97
IDMI in 9.49 out 10.37

Not a great day for me as there were just too many things I saw running that I liked and in some cases went with not the best choices I guess but that happens. The weird thing was the Nas down 32 and so many good setups.

I flinched on a great alert by member Stockgal on SWRI at a price of under 1.80, then decided to let it go. Big mistake as it climbed steadily to close at 2.24.


Monday 4/23:
FRPT in 21.40 out tues 23.90
KRSL in 22 out 24
DNDN in 15.70 out 16.50
SCR in 16.30 out 17.40
AGEN in 3.39 out 3.55
VION in 1.80 out 2

Tues 4/24:
TRCR in 12.06 out 13.39
HTI in 9.70 out 9.91
CYRX in 2.09 out 2.31

Wednesday 4/25:
RVBD in 32 out 34.50
MBLX in 24.05 out 25
XNPT in 36.80 out 41.10
ZRAN in 21 out 19.50
IDSA in 10.55 out 13.20
ROCM in 27.45 out 27.40
CTDC in 3.63 out 3.75

Thursday 4/26:
VDSI in 19.50 out 22.20
CBRX in 3.03 out 2.91
AGIX in 3.03 out 3.08
AVNR in 3.50 out 3.47
RKT in 40.10 out 42.80
AEIS in 23.90 out 25.25
XNPT in 42.39 out 44.30
AGIL in 7.51 out 7.55
LEND in 11.69 out 12.26

Friday 4/27:
SNTO in 2.65 out 2.87
MCHP in 40 out 41.38
MDII 1.68 out 1.80
QDEL 14.70 out 14.76
MBLX in 27.05 out 28.21
UCTT in 15 out 15.09
IDSA in 14.03 out 14.90
ICGN in 1.50 out 1.60
ULTI in 28.15 out 29.24

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Understand some of these were alerted by others in the chat, I didn't see them all at the time of their volume spike/price upping on hod list. Since I know a ton of stocks I usually know which ones I want to get into.
This is what the chatroom is about and I thank all who participate.