(Nasdaq: KERX) Position opened at .65
Stock had a major haircut, looking for a bounce play.
edit 11:10am est
At December 31, 2007, the Company had cash, cash equivalents, investment securities and interest receivable of $64.7 million. 43.6 million shares outstanding.
I’m thinking the risk to reward at .65 is decent. Watch % gains, don’t be greedy
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| Stock | Links |
| KERX |  |  |  D | W |  5 | 3 | 2 | 1 | E |  N | PM | AH |  |
(Nasdaq:AMRN)
I gave a heads up on this one yesterday for my subscribers. I ended taking a small piece at .60 when the volume hit today. I would like to add/average down on weakness. Chart looks good for at least a dime move (15-16%) in the short term. Stock shows support at .51, 8% stops would be .56.
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| AMRN | | | D | W | 5 | 3 | 2 | 1 | E | N | PM | AH | |
I believe the accuracy to be 98% I did try and focus on my losers more so than my winners.
My old blog can be found here http://blog.myspace.com/thatstockguy
and AVAN and TXCC can be found at thatstockguy.blogspot.com
12/08/06 OLGC BUY 1.35
