Just an Update
I’m still sitting on my hands. I don’t see much out there ‘working’. A few charts were showing a decent floor but they turned out to be ‘traps’. I’ve been watching CRGN at .82 I was very tempted to try it again and the very next day it tested .75. I’m currently watching (Nasdaq: EDCI) (.67) and (Nasdaq: MECA) (1.04) as possible bottoms but I probably wont touch them, I just don’t trust anything right now. The odds are really not in our favor.
I currently have 2 open positions.
At this time I have no intentions of buying/adding any more. OLGC should have news out by the end of this month. I’m expecting to see an IND filing for AZX100. I’m not expecting the stock to breakout on that news. I’m thinking mid Jan, early Feb it starts to do something.
AMRN, I’m going to stick with that one a little longer and see what happens.
I’ll have a new watch list up this weekend. I’m not really expecting much but you never know.
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| EDCI |  |  |  D | W |  5 | 3 | 2 | 1 | E |  N | PM | AH |  |
| MECA | | | D | W | 5 | 3 | 2 | 1 | E | N | PM | AH | |
