| (05:39 am) JoeyTSA :early gap up: RWLK, TAP,
BUD, AVNR
(05:39 am) JoeyTSA :early gap down: TEX,
NPSP, VNET, GILD, TSLA
(05:41 am) JoeyTSA :levels ?ES 1970-1977;
/CL 91.30-91.70; /NQ 4053-4063
(05:49 am) Mitch King:Premarket UP: AVNR,
RWLK, OTIV, TAP, AU, HALO Premarket DOWN:
MDU, TEX, NPSP, NETE WATCHING: TAP, SAB,
CTSH, ANN, RATE, COST, AAPL, NFLX, BTU
(05:53 am) Mitch King:AVNR on hot run, tight
spread too
(06:15 am) Mitch King:06:15 *(US) AUG
INDUSTRIAL PRODUCTION M/M: -0.1% V 0.3%E;
CAPACITY UTILIZATION: 78.8% V 79.3%E –
Manufacturing Production: % v 0.1%e – Prior
Industrial Production revised XXX from 0.4%
to %- Prior Capacity Utilization revised XXX
from 79.2% to %- Prior Manufacturing
Production revised XXX from 1.0% to % –
Source TradeTheNews.com
(06:29 am) Mitch King:new high on RWLK
(06:30 am) Mitch King:RWLK over 35
(06:30 am) Mitch King:watching TAP for
trades
(06:30 am) Mitch King:NETE worth watching,
this is low priced stock that ran up a lot on
Friday
(06:31 am) Mitch King:LOCO moving up
(06:31 am) Qwert :watching UFS
(06:32 am) Mitch King:watching BBY for
trades
(06:33 am) Mitch King:GILD new low
(06:33 am) JoeyTSA :AVNR keeps tying at $10
(06:34 am) Mitch King:GPRO high of day
(06:34 am) Mitch King:EPD new low
(06:36 am) JoeyTSA :/NQ trying to hold 4050
area, decent pullback so far
(06:37 am) Mitch King:ALR worth watching for
trades
(06:37 am) Mitch King:OTIV low priced stock
new high but overshadowed by AVNR
(06:38 am) Mitch King:new high on AVNR
(06:38 am) Mitch King:watching ISIS for
bottom
(06:41 am) JoeyTSA :all big names in lod
area
(06:41 am) Mitch King:watchoing VNET for top
to short, no hurry
(06:44 am) Mitch King:watching LOCO for 39
area for long entry
(06:50 am) Mitch King:watching RATE for
trades, low priority
(06:51 am) JoeyTSA :/NQ trying to hold 4030
now
(06:53 am) JoeyTSA :RWLK quick pullbac
(06:54 am) Mitch King:should see 10 on AVNR
pullback
(06:56 am) Qwert :monitoring DANG
(06:57 am) Mitch King:thats the first big
pullback on RWLK that gave high odds long
entry, too late now though
(07:01 am) Mitch King:new low on ES
(07:03 am) Qwert :monitoring DSKY
(07:05 am) Mitch King:new high on AVNR
(07:13 am) Mitch King:watching AVNR for
higher prices, so far
(07:14 am) Mitch King:watchign WB for 2nd
helping long entry, fairly soon, i dont see
retest of 21.82 soon
(07:14 am) Regatta :test
(07:16 am) Mitch King:/ES much stronger than
Nasdaq, i think that BLoomberg article might
have affected nasdaq too
(07:20 am) Qwert :AVNR another new hod
(07:37 am) Mitch King:bounce in RWLK likely,
use limit
(07:42 am) Mitch King:notice RWLK getting
weak now. acting just like GPRO did after
ipo, but RWLK weaker than gpro
(07:42 am) Mitch King:two best stocks to
watch for long entries are AVNR and WB but
waiting, just waiting for drop; WB has real
good chance of strong bounce at $21 area, be
flexible
(08:00 am) Qwert :monitoring YY
(08:15 am) Mitch King:good trades on PANW
today, worth watching
(08:46 am) JoeyTSA :nice pop on RWLK
(08:58 am) Murano :monitoring GPRO
(09:16 am) Mitch King:RWLK new high
(09:32 am) Mitch King:another new high on
RWLK
(09:38 am) Mitch King:watching WDAY for
rebound
(09:52 am) Mitch King:make sure you watch
RWLK throughout day for big drop, toward end
of session today, i wouldnt buy in last 45
min though, but bigger drops should get bot,
, kind of like one developing now
(10:01 am) Mitch King:watchign AVNR for short
soon
(10:10 am) Mitch King:cover AVNR if short,
should bounce for tradable long
(10:11 am) Mitch King:consider selling AVNR
if long
(10:13 am) Mitch King:should be decent short
here on AVNR soon
(10:55 am) JoeyTSA :RWLK trying to hold $37
(10:56 am) JoeyTSA :hate that spread though
(11:07 am) Mitch King:WB new low
(11:33 am) JoeyTSA :slight pop on indices and
big names
(11:36 am) Qwert :AVNR new hod
(12:16 pm) Mitch King:another new high on
AVNR
(12:29 pm) Mitch King:looking for short on
AVNR, high odds short for 30 cents, which is
good profit%
(01:01 pm) Mitch King:[AVNR] Hearing
Jefferies upgrades rating to Buy from Hold
(timing uncertain) – Price target $17 –
Source TradeTheNews.com
| (05:22 am) JoeyTSA :good morning george
(05:22 am) JoeyTSA :cap utilization and ind
prod @ 6:15pdt
(05:27 am) Qwert :Good morning Joey, george
(05:27 am) Qwert :gm Murano
(05:28 am) Murano :good morning
(05:40 am) toby1115 :gm
(05:54 am) klas :good morning
(05:57 am) Mitch King:05:30 [AVNR] Reports
positive phase II trial results for AVP-923
in treatment of agitation in patients with
Alzheimer’s Disease Announced positive
results from its phase II clinical trial
evaluating the safety and efficacy of AVP-923
for the treatment of agitation in patients
with Alzheimer’s disease. Treatment with
AVP-923 was associated with significantly
reduced agitation as measured by the primary
endpoint, the agitation/aggression domain
score of the neuropsychiatric inventory (NPI)
compared to placebo (p=0.00008). The
reduction in agitation was observed in both
stage 1 (p=0.0002) and stage 2 (p=0.021) of
the Sequential Parallel Comparison study
design. – Source TradeTheNews.com
(05:58 am) Mitch King:AVNR going to be the
stock of the day to trade
(05:58 am) Mitch King:as well as RWLK ipo
from Friday
(05:58 am) Mitch King:but mostly AVNR
(06:08 am) skydiver :gm all
(06:15 am) skydiver :thanks Mitch
(06:20 am) george :Good Morning to all
(06:26 am) Mitch King:remember that RWLK
spread is big, use limits. AVNR is much
easier to trade, watch for first big drop on
AVNR for high odds long
(06:35 am) skydiver :monitoring TSLA with
SPY drop
(06:37 am) regatta :watching GTAT
(06:38 am) regatta :watching CREE
(06:41 am) skydiver :VNET – moved up
(06:50 am) regatta :watching TAP
(06:51 am) skydiver :Cramer says with
Alibiba ipo coming later, lots of selling on
FB etc to raise cash to invest into Alibaba
(06:52 am) JoeyTSA :/CL with issues @$92 so
far
(06:53 am) JoeyTSA :and it just blew rigt
thru there haha
(06:55 am) JoeyTSA :ugly day for big names so
far
(06:55 am) skydiver :sure is joey
(06:56 am) JoeyTSA :most are down at least
$5
(07:00 am) Qwert :WB another nice down day so
far
(07:01 am) JoeyTSA :good catch Qwert
(07:01 am) skydiver :very good qwert
(07:03 am) klas :DANG was dang nice Qwert
(07:04 am) Regatta :watching DSKY
(07:11 am) Mitch King:you know, most of the
time i say no hurry on a stock, the top or
bottom was soon after, i better analyze that
closer
(07:11 am) Mitch King:like the VNET top, was
excellent short
(07:11 am) Regatta :RATE still falling
(07:11 am) Mitch King:yeah RATE looked
sustainable drop and has notorious reputation
for just selling selling selling
(07:11 am) JoeyTSA :nice Regatta, see if $11
holds
(07:12 am) JoeyTSA :ps: Regatta, welcome to
the “blue print” promotion 🙂
(07:12 am) Regatta :didn’t mitch mention RATE
earlier?
(07:12 am) JoeyTSA :buy you reminded me of
it
(07:12 am) Qwert :hahaha yeah regatta
welcome to the dark side
(07:13 am) JoeyTSA :and yes, nice call Mitch
on RATE
(07:13 am) Regatta :tks, hopefully no
flushing sound w/ my calls
(07:13 am) JoeyTSA :thats why we have Qwert
🙂
(07:13 am) Qwert :yeah for sure
(07:13 am) Mitch King:ok there is a setting
for sound on yoru posts regatta, let me find
that later, busy with AVNR right now
(07:14 am) Mitch King:ok, we can hear that
(07:14 am) Regatta :that was it
(07:15 am) Mitch King:when i saw RATE
dropping my instinct was to short but that
stock rarely has shares to short
(07:15 am) JoeyTSA :back in 25,
(07:16 am) Qwert :none at lightspeed on rate
for short
(07:16 am) skydiver :enjoy joey
(07:20 am) skydiver :AVNR – just plain an
awesome stock this morning 🙂
(07:21 am) Qwert :Yeah great call Mitch
(07:22 am) Mitch King:what is happening now
is lot of speculation on low priced stocks.
fda positive results, even on phase 2 has
been bot up
(07:23 am) Mitch King:you can focus on 1 or 2
stocks all day like these AVNR
(07:23 am) Mitch King:friday it was RWLK,
(07:23 am) Qwert :i have only traded AVNR and
VNET
(07:23 am) Mitch King:i mean not just a low
priced stock but one stock. which i call
stock of the day
(07:23 am) Mitch King:right, me too, plus WB
(07:24 am) Mitch King:we are still in uptrend
so buy on dip still working on AVNR
(07:24 am) Qwert :I tried to short WB and no
shares
(07:25 am) Mitch King:we should see AVNR
catapult up, just did on this candle
(07:28 am) Mitch King:gradually sell AVNR if
long, maybe in thirds
(07:28 am) Mitch King:1/3rd of position i
meant
(07:29 am) Mitch King:i dont like trying to
buy low priced stocks that look like NADL on
1 min
(07:31 am) Mitch King:thanks for your headsup
on /ES joey, i make money with those after
watching further
(07:36 am) Mitch King:WB trying to bounce,
weak so far, vol went to AVNR
(07:36 am) Mitch King:and RWLK
(07:39 am) Mitch King:this AVNR is flattening
out on top so i wouldnt buy on dip now,
unless bigger drop
(07:39 am) Mitch King:is sky online?
(07:40 am) skydiver :hi Mitch 🙂
(07:40 am) Mitch King:this is when you
throttle back the attack mode on AVNR
(07:40 am) skydiver :ok
(07:40 am) skydiver :thanks
(07:40 am) Mitch King:smaller positions, be
more particular on price you pay when buying
(07:40 am) skydiver :gotcha
(07:40 am) Mitch King:i usually get up and
walk around a little, jump rope, light
exercise for 5 min
(07:41 am) skydiver :;)
(07:41 am) Mitch King:but think about the
stock you were trading or are interested and
then come back and take a fresh look
(07:41 am) skydiver :good idea
(07:41 am) skydiver :just bought a jump rope
🙂
(07:43 am) skydiver :good point Mitch on
RWLK
(07:44 am) Mitch King:buying AVNR here is a
NO-GO
(07:44 am) Mitch King:needs to drop, maybe
10.50 if a faster drop to that price, if
slower move down, entry price is lower
(07:44 am) skydiver :Ok 🙂
(07:45 am) JoeyTSA :/CL having another day
with decent moves
(07:47 am) Mitch King:thx joey
(07:48 am) Mitch King:look at NQ new low
(07:52 am) skydiver :Thanks for great calls
this morning . . . I have to get to a meeting
– See you all tomorrow 🙂 – another green
day 🙂
(07:52 am) JoeyTSA :yeah /NQ was beat up
(07:52 am) JoeyTSA :bye sky
(07:52 am) skydiver ::)
(07:55 am) klas :bye Sky
(07:55 am) Qwert :Cya Sky
(08:10 am) Qwert :back in 20 mins
(08:11 am) Mitch King:YY bouncing
(08:14 am) Mitch King:wow there are big
spreads on RWLK, sometimes 36 cents
(08:35 am) JoeyTSA :pre-orders for the
iPHone6 and 6+ topped 4M in the first 24hrs
(09:08 am) Murano :reduce GPRO if long
(09:11 am) skydiver :jumping on for a bit .
. . any thoughts on TSLA – simply coming down
as stock was overbought over all?
(09:12 am) JoeyTSA :rough day for them
(09:12 am) skydiver :would have been a great
short however – missed that one 🙂
(09:12 am) JoeyTSA :same here
(09:32 am) JoeyTSA :that stck is just nuts
today
(09:33 am) Mitch King:the company should be
asking the underwriters some hard questions
about the ipo price of $14
(09:33 am) Mitch King:i’d be ticked at their
assessment of demand
(09:33 am) Mitch King:because none of this
$24 is not the company’s money
(09:34 am) Mitch King:except for what is the
treasury
(09:34 am) Qwert :12 to 41 in two days
(09:34 am) Mitch King:yes, was it $12 ipo or
14, either way, underwritrs job is to
estimate demand and what the market will
take
(09:35 am) Mitch King:and price accordingly
(09:35 am) Qwert :opened at 12 i think
(09:35 am) Mitch King:ok that was lowered
price, was supposed to be 14-16
(09:36 am) Mitch King:i dont think the
company can sell any of their shares they
still own for 6 months
(09:38 am) Mitch King:ok im just reading
about RWLK, they offered 3 mil shares out of
11.5 mil outstanding so thats why it is so
volatile, not many shares in float,
(09:56 am) JoeyTSA :early lunch, back in 40
(10:23 am) Mitch King:these top 4 executivies
at AVNR get paid $2.5 mil cumulative a year.
this is a biotech that has no revenues, no
finished products. that sure is high for
development stage company
(11:06 am) Mitch King:anyone buy RWLK on this
last dip
(11:06 am) Mitch King:i was too late to chase
it
(11:06 am) JoeyTSA :not me
(11:07 am) Mitch King:several times today i
would buy and bid and sell at ask with 40-50
cent spread and make that profit
(11:07 am) Mitch King:on RWLK
(11:08 am) Mitch King:dont do that often
though, not a reliable technique
(11:09 am) Mitch King:RWLK could easily drop
to 32 today, very easily
(11:23 am) Mitch King:trying short on VNET
(12:00 pm) Mitch King:this AVNR one strong
uptrend still, but most of these hot ones
been having a follow through on upside next
day. but overall, odds are bad on day 2 for
long
(12:01 pm) Mitch King:esp holding over night
long is bad idea
(12:10 pm) JoeyTSA :getting ready to call it
a day
(12:10 pm) JoeyTSA :Thanks
Mitch,Qwert,Regatta, traders…have a great
day, see you all tomorrow
(12:27 pm) Mitch King:see ya joey
(12:27 pm) Mitch King:thanks for hlep
(12:46 pm) klas :Nice end of the call Mitch
thanks avnr
(12:49 pm) Mitch King:you short this last
part on AVNR klas?
(12:49 pm) Mitch King:thats a big move in
percentage terms, 5%
(12:51 pm) klas :yes but was out at 12.50
(12:52 pm) klas :went short at 13
(12:54 pm) Mitch King:still was 4Q%
(12:54 pm) Mitch King:4%
(12:54 pm) klas :thanks for today Mitch was
fun
(12:54 pm) Mitch King:should get excellent
trading on AVNR tomorrow both ways
(12:55 pm) Mitch King:its always fund when
you are doing what you are supposed to do
(12:55 pm) Mitch King:fun and fund
(12:55 pm) Mitch King:and funny
(12:55 pm) Mitch King:as long as you stay
with fundamentals
(12:55 pm) klas :yes funed well today
(12:55 pm) Mitch King:no such word klas
(12:55 pm) Mitch King:in the English
language
(12:55 pm) klas :funded
|
Web Special
