Tuesday, February 12, 2013

Trade of the day, NOG!!!

Caught some of the fear selling and bought NOG after the candlestick hammer formed on the 5-minute chart.  Went long 500 shares at 14.61 hoping for some short covering after the huge gap down. I wish I would've bought more shares, but all my capital were tied up with other stocks I was long this morning in. Anyways, ended up selling NOG about 30 minutes before the close at 15.37 for a  .76 point gain. The day didn't really go all that well with me because I had 3 losers which canceled-out all my profits I had got with NOG.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Monday, February 11, 2013

Trade of the day, CLSN!!!

So tried to catch some of the dead cat bounce action today on CLSN, but got stopped-out after I moved my stop to break-even. It felt like the market makers saw my stop, and decided they were going to take me out because the stock ended up rallying nicely after I got hit. Anyways, went long 3000 shares at 1.40 and got stopped-out at 1.40 for break-even.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Thursday, February 7, 2013

Trade of the day, AKAM!!!

Made only one round trip trade today with AKAM, and came out with a small profit. Went long 300 shares at 33.90, and placed stop at 33.49 hoping for at least a small bounce. It then started to consolidate for a bit, and I just tired of holding it, so decided to sell at 34.95 for a 1.05 point gain.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Wednesday, February 6, 2013

Trade of the day, GPOR!!!

Caught an easy fear selling on GPOR this morning. Went long 300 shares at 38.25 after the candlestick hammer bar formed on the 5-minute bar chart. Placed a stop at 37.49, and was looking for a profit target of at least 40.95. But after GPOR broke through 40 dollars a share, I just decided to sell it, and take my profits now instead of hoping for it to hit around 40.95. So for that, I sold GPOR on the next 5 minute bar at 40.40 a share for a 2.15 point profit.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Tuesday, February 5, 2013

Trade of the day, KERX!!!

Caught a bit of a small bounce on KERX today when I went long this morning 1000 shares at 6.71, and placed stop at 6.49. My risk to reward ratio was horrible on this trade, but I had a strong feeling it wasn't going  to turn down today because of the overall market rally. Finally, sold it about 10 minutes before the market closed at 7.20 for a .49 point gain.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Monday, February 4, 2013

Trade of the day, CLSN!!!

So finally got tired of holding this bagg (CLSN), and sold it at 1.14 when it started looking like new lows was in the works. As you can see on the picture below, went long 2000 shares on Friday at 1.35 and sold it this morning at 1.14, a -.21 point loss. There is still a heavy short interest percentage in CLSN, so I might get back in when the overall selling subside a bit.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Friday, February 1, 2013

Trade of the day, CLSN!!!

I'm pretty much hell bent on trying to catch this bounce on CLSN. I can't believe this stock is down over 80%, and is struggling to get a decent bounce, and I don't care about Phase 3 study results. Anyways, went long just 1000 shares yesterday at 1.53, but got stopped-out this morning at 1.39 for a -.14 point loss. After a hammer formed after I got stop-out, I decided to go long again at 1.35 but this time buying 2000 shares instead of 1000. I'm doubling down on this crap! The market closed, and for the first time in a long time, I'm holding a stock over the weekend. Good-luck to me :-) !!!
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Have a great weekend, and Thanks!