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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, October 09, 2006

DVAX encore!

DVAX closed today at $8.04

We liked it at $6.23 but i still like it here especially after today. It looks like we are set up technically to take out $8 possibly tomorrow and i believe we could see $10 by Wednesday's close. As stated before, i find DVAX one of the most exciting biotech plays in some time. If things go according to plan, DVAX could become a behemoth. But that is way too soon to determine.

Any morning dip we get tomorrow, i suggest buying the stock.

Good for daytrade. Intermediate and longer term i believe it will trade way above $10.

3 Comments:

Blogger beanie11111 said...

Be sure to put DIVX on your radar tomorrow as well. Scoop up that morning dip!!!!

Mon Oct 09, 10:22:00 PM EDT  
Blogger beanie11111 said...

I took some profits on DVAX. The idiots at thestreet.com attacking it this morning. Will rebuy lower.

Tue Oct 10, 08:09:00 AM EDT  
Blogger beanie11111 said...

RVBD & DIVX both on fire this morning.

I say it again, Youtube + Google is positive for DIVX.

Tue Oct 10, 09:58:00 AM EDT  

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