1 Post from June 2012

1 Post from June 2012

ARNA July OTM calls & puts opportunity

Today is June 20, ARNA’s stock price closed at $10.50

PDUFA date is June 27.   http://www.biopharmcatalyst.com/fda-calendar/

Check out the July $19 and $20 calls, which is 100% above current market price, paying around $0.20 per contract. The July $5 puts are selling for 0.44 and the $2.50 puts for 0.10.

I just sold ARNA July $20 calls for 0.18 as well as the $4 put options for 0.29.

After I got filled on my $20 calls, I witnessed this:

Somebody sold 585 contracts ARNA July $20 calls at $0.15, just moments before this people were buying it for $0.20, after this large sell order went through, the bid dropped to $0.12, after a short while, the bid eventually came back up to $0.16, and then continued to slowly creep back up to 0.18. INTERESTING.

 

I included a screenshot showing a snip-it of the time and sales for the July 20 call, part of the order is shown here at 15:57:21 at 0.15 showing size and exchange as well.

 

 

 

1 Post from May 2012

1 Post from May 2012

$NURO presenting a low risk-high reward setup

NURO forming nice base/support around $0.70 level and the chart is extremely tight. This makes a very good risk/reward type of setup.

I think the breakout will occur very soon.

I’m hoping people realize the value here in $NURO trading below fundamental value:

Revenue Per Share (ttm): 1.93
Total Cash (mrq): 15.21M
Total Cash Per Share (mrq): 1.19
Book Value Per Share (mrq): 1.24

Pulling up the 1 year weekly chart of NURO almost makes me drool.

2 Posts from May 2011

2 Posts from May 2011

Scan for May.03.2011

  • May 2, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

 

CRDC ATHX RGEN EDGR ASTC CTFO EDGW SMTX FREE TST CVVT BEST APWR GU ASTM IFON ASTI FCFL SDIX TNGN NLST PLNR NURO WOLF KGJI CHOP NWK CSKI DSCO ALTI HEAT PSID MCBC TKMR RFMI CXDC THLD API MNOV VALV OSBC OXGN KV/A VRNG BSPM HRZ

http://bit.ly/jFTb6p

 

Scan for May.2.2011

  • May 2, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

DLIA CRDC TST CXPO RGEN EDGW JADE ASTM TIII APWR SMTX LOJN XOMA CVVT CLDX BCRX MELA TWER WOLF NWK PIP BSDM OCC MNOV OXGN ICGN OSBC PSID VALV ATRN LMLP CEU KV/A

3 Posts from March 2011

3 Posts from March 2011

Scan for Mar.25.2011

  • Mar 24, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

Tickers: gmtc tngn nmti psdv crdc mag conn xpo quik appy nei ahci cpsl hoku gsi xny flws mwa

$MCZ $AXK $CBRX $DENN $RDNT $SLTM $UQM $CMRG

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

My play book for week of Mar.14 2011

Option plays. Longs: $ALL $IT $BIG $WFMI $PVH $RBCN $WTFC. Shorts: $ANN $NDN $GMCR

I like $LRAD thru 2.47-50. http://bit.ly/hW6BGa

$INFU look at the P/E ratio! Wow. Recent earnings, acquired a company, Like it above 2.80. http://bit.ly/idvtNZ

$RPRX earnings today and some heavy put activity in the May & Aug $5 contracts. Very very interesting to say the least.

$LIME interesting chart, beat earnings on Mar.10, watch it. http://bit.ly/fBqPTC

Adding $CBLI to the watch list. http://bit.ly/hoeZdk

I can’t help but add $SIFI to the watch list. Chart is super tight and is ready to move fast.http://bit.ly/eYJZ8M

Companies releasing earnings before the bell for Monday: $GPOR $TNDM $SSW $PUDA $JST. I will be playing slightly OTM options with these.

I’m surprised none of the #pennystock #traders have noticed $FRDM. This chart has 100% gain potential. http://twitpic.com/49cc7o

I like the look of $CDXS http://bit.ly/dQNtik

$COBZ a must watch thru $7.00 level. http://bit.ly/hffR5W

$SURG a must watch for next week. We saw that 100k offer at 5.49 get taken out & new 52wk highs. http://bit.ly/eNCG8q

$VICL has started the upside breakout and looks like it wants more, on watch for this upcoming week. http://bit.ly/ewqL0v

$RBCN only 23M O/S & 44% float short, chart testing upper range, very interesting trade setup for this week. http://bit.ly/ePOxvB

$BKCC buy the dip? http://bit.ly/fdYXDn

$CASY buy the dip? http://bit.ly/e4ef9S

$FNSR buy the dip? http://bit.ly/e4DAYu

$PARD http://bit.ly/hKhnvS

$SPPI http://bit.ly/fiNIWc

$RDNT http://bit.ly/igQ351

$NYMX http://bit.ly/gB1j6R

$BIOD http://bit.ly/dT0BeS

$KERX http://bit.ly/fvPHGg

$CHNG worth watching. http://bit.ly/gsxqWa

$SNTS you know it. http://bit.ly/huxjvz

$PSDV = yup. http://bit.ly/ewLU7n

$CBK lookin’ good. http://bit.ly/dF65Tn

$MNKD lookin’ prime. http://bit.ly/gTiKBE

It could very well be time to short $MCP with some April put options. http://bit.ly/dKaEJw

Tickers: ALL IT BIG WFMI PVH RBCN WTFC ANN NDN GMCR LRAD INFU RPRX LIME CBLI SIFI GPOR TNDM SSW PUDA JST FRDM CDXS COBZ SURG VICL BKCC CASY FNSR PARD SPPI RDNT NYMX BIOD KERX CHNG SNTS PSDV CBK MNKD

Mar-07-2011 Scan

  • Mar 7, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

NGAS CYBI BIOF CWBS JSDA VLNC BIOD EGHT YMI SIFY KGJI WSTL IVAN MNKD ZOOM LF CLUB CTFO CNIT SURG CVO CFSG HDY MHR LPHI ADY DGW

To view the chart pictures, download this PDF file: mar-07-11 scan final.pdf

 

This is actually my full scan results for today, but I narrowed it down with the ones mentioned above, however, not to say these ones here aren’t also ones I like and have good chart setups.

WSTL RSOL CYBI LIME KGJI  BIOD ANX CTFO CSKI AMRI CHLN CELM DYP CWBS PSID JSDA NGAS ONAV CBKN NLS  KONE MELA RMTR BIOF LBIX IBNK IVD RXII MHR RAME SSN EXK LIZ ZIOP XNPT INVE LF KBX MCOX SIFY ATEC CVO SMT SURG LEE HCKT ARQL CNIT WIBC LPHI CHUX DGW APAC KGN CLUB LCAV GSIT CFSG RGEN ADY HDY NGAS MMG VLNC YMI EGHT SIFY IVAN MNKD LIOX ZOOM PSUN

8 Posts from February 2011

8 Posts from February 2011

Potential buy the dip stocks using slightly OTM options

  • Feb 28, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

 

 

 

 

 

 

 

 

 

 

 

 

Watch list for Feb.28 2011

  • Feb 28, 2011
  • Posted By: DazeTrader
  • 1 comment
  • Tags: none

MDW QMM USAT CXZ JMBA BANR LEE CRIS SSN EGI WSTL TIII EEE IBCP GLUU MRGE PULS MILL CYTX NRF ZIOP TGB ARQL NWY UXG MHR RSO AAV CPE GLBL IRET GSIT CPLP NR NGAS ROIAK HEK BRCD IVAN NCT NM STEI ES WMG CADX SOMX SPMD BALT CNIT SRE CA:RUU

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RUU.V – Rare Earth Elements + Uranium – Can’t get better than this!

This is a Rare Earth Minerals + Uranium company, these types of companies have been really hot lately.

I’m looking to go long this momentum play only if the stock closes above the 2.30 price level, which could be considered a start to the next potential up-swing.

Click on chart for my full notes.

 

GORX.PK – another low risk – huge potential chart setup

Click on the chart to view the large image, all my DD and annotations are on it.

I have been long GORX from the low $0.03 area for about 2-3 months now.

The chart is getting tighter & tighter, it wouldn’t take much to get this chart to breakout huge.

This is considered a lower float company with a very nice share structure. This is beneficial to the investors of the stock if they can get in while the stock is in a consolidation pattern such as this one.

One good PR from the company could send GORX soaring!

I just checked the Yahoo Message Board for GORX and it looks like somebody has posted some new and good information just today! Check it out here: http://bit.ly/f1B6La

I’ll just re-post what the person from the Yahoo Message Board wrote right here:

Fellow Investors — Reliable sources tell me that Belcher, Inc. has received approval from the FDA for Cephlaxin and Amoxicillin. This influences Geopharma significantly because of the “B” shares. In addition, I understand that a group of the largest investors have engaged a law firm to file a 13D. Apparently Carprophen was sold by Belcher and could have solved Geopharma’s problems months ago before the reorganization. Looks like Senior Taneja orchestrated a self-beneficial deal for himself at the expense of the shareholders. As you probably already know in,a 13D members are given access to all books and records of the Company. They are committed to unwind what appears to be illegal, immoral and illicit behavior on behalf of the Senior Taneja.
The people involved have vowed to expose Taneja and his free spending and irresponsible actions, in addition to bringing suits against the Board of Directors and Taneja himself and anyone else involved who did not act in the best interests of the shareholders. More to follow.

I’m not sure why nobody else has posted this information, unless everybody else already knows this already and I’m just late to the punch? Link to filing: GeoPharma Inc. (Form: SC 13G/A, Received: 02/11/2011 14:53:31) http://bit.ly/dHngsl

 

By adding up all the institutional holdings I came up with the 35.2% number. And supposedly insider’s own 48.8% according to Yahoo Finance. With this information we can attempt to calculate the float, so here goes:

 

Outstanding Shares     23.4M

%held by insiders        48.80%

%held by institution    35.20%

TOTAL% of shares held by insiders & institutions    84.00%

Total Shares Held by insiders & institutions  19.7M

Tradeable shares remaining assuming insiders & institutions do not sell their positions (*FLOAT*) 23.4 – 19.7 = 3.7M

 

So to clarify, the FLOAT is 3.7M shares. (The smaller the float, the larger the upside breakout).

 

 

Here is the data to calculate the 35.2% institutional holding from the 13G SEC filing:

Percent of Class

WA beneficially owns 6.2 % of the company’s Common Stock.*

WMSA is deemed to beneficially own 1.8 % of the company’s Common Stock

WMSP is deemed to beneficially own 1.2 % of the company’s Common Stock

WMSFLP is deemed to beneficially own 1.2 % of the company’s Common Stock

WMSFLTD is deemed to beneficially own 1.2 % of the company’s Common Stock

FCP is deemed to beneficially own 0.6 % of the company’s Common Stock

WCFLP is deemed to beneficially own 0.6 % of the company’s Common Stock

WCFLTD is deemed to beneficially own 0.6 % of the company’s Common Stock

WCCAA is deemed to beneficially own 0.8 % of the company’s Common Stock

WCCAP is deemed to beneficially own 0.8 % of the company’s Common Stock

WCCAFLP is deemed to beneficially own 0.8 % of the company’s Common Stock

WCCAFLTD is deemed to beneficially own 0.8 % of the company’s Common Stock

WCRAA is deemed to beneficially own 0.7 % of the company’s Common Stock

WCRAP is deemed to beneficially own 0.4 % of the company’s Common Stock

WCRAFLP is deemed to beneficially own 0.4 % of the company’s Common Stock

WCRAFLTD is deemed to beneficially own 0.4 % of the company’s Common Stock

DP is deemed to beneficially own 0.3 % of the company’s Common Stock

WHHYFLP is deemed to beneficially own 0.3 % of the company’s Common Stock

WHHYFLTD is deemed to beneficially own 0.3 % of the company’s Common Stock

PSA is deemed to beneficially own 0.3 % of the company’s Common Stock

PSP is deemed to beneficially own 0.3 % of the company’s Common Stock

PSFLP is deemed to beneficially own 0.3 % of the company’s Common Stock

PSFLTD is deemed to beneficially own 0.3 % of the company’s Common Stock

WSOPA is deemed to beneficially own 2.4 % of the company’s Common Stock

WSOPBP is deemed to beneficially own 2.4 % of the company’s Common Stock

WSOPFLP is deemed to beneficially own 2.4 % of the company’s Common Stock

WSOPFLTD is deemed to beneficially own 2.4 % of the company’s Common Stock

WSOPFLPB is deemed to beneficially own 2.4 % of the company’s Common Stock

WSOPFLTDB is deemed to beneficially own 2.4 % of the company’s Common Stock

IAM beneficially owns 0.2 % of the company’s Common Stock.*

The percentage of Common Stock reportedly owned by each entity herein is based on 23,399,000 shares of outstanding Common Stock of the Company, which is the total number of shares issued and outstanding on February 11 th , 1010.

 

Disclaimer: This is my opinion only, I am not responsible for your trading & investment actions.

DO YOU KNOW HIM?

  • Feb 25, 2011
  • Posted By: DazeTrader
  • 2 comments
  • Tags: none

So what do you know?
What could you possibly know?

Are you the creator of the Heavens & Earth?
Are you the one who holds time in your hands?
Are you the one who breathed life into your lungs?
Are you the one who knit your intricate body together?

I know the one who has time in his hands.
I know the one who shaped this Earth.
I know the one who knows all.

Do you know him?
His name is Jesus.

SOMX – Low Risk Setup with Huge Potential Reward

The share structure of this stock has the recipe for an extremely huge breakout. Here are some of my key points:

  1. 29.25M shares in float. Relatively low amount of trade-able shares (low float).
  2. 12.82M shares are sold short meaning 43.9% of the trade-able shares (float) is currently in a short position. On average trading volume it would take 10.6 days for all shorts to cover their shares which would cause the stock price to rise drastically!
  3. Institutional holding is at 62.6% making up for 22.17M shares.

Taking a look at the daily chart, we can see that this stock has been consolidating for a very long time now. It would appear as though we have found a bottom and are asking the question if it can start going up now. These types of consolidation chart patterns can produce massive breakouts.

Note: The 52 week range on this stock is 2.52(low) 10.60(high).

 

If we look at the option chain for SOMX, you will notice a huge amount of open interest in the May 3.00 calls, this would lead me to believe somebody knows something and figures that this is a good buy. I personally have already bought some May 3.00 calls and will be holding those. I also trade the stock for SOMX intra-day and swing.

I have circled the specific contracts that are probably worth owning.

 

Disclaimer: I am not responsible for your trading decisions.

Scan for Feb.16

GSS SOMX PLG KGJI WSTL PRKR JSDA ACTS SR IGOI MDF BLDR CNTF CNAM ASTI QXM http://bit.ly/erXskF

HNSN – Potential long spec play

  • Feb 10, 2011
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

HNSN came up on the unusual option call volume the other day. Look at this 5 year monthly chart setting up. I’m thinking of buying the June $2.50 calls, they are 0.15 x 0.20 right now.

Here is the unusual option data from the other day, I’m assuming it’s from Feb.03 2011.

Symbol Yesterday’s Volume Avg 1 Month Volume Daily Volume Ratio
HNSN 2,330 235 10

BigCharts
 HNSN  Hansen Medical Inc     2/10/2011 2:23 PM
Last:
 2.06
Change:
  -0.01
Open:
2.05
High:
2.09
Low:
2.03
Volume:
466,843
Percent Change:
-0.48%
Yield:
n/a
P/E Ratio:
n/a
52 Week Range:
1.2387 to 2.82
5-Year Weekly Chart of Hansen Medical Inc.

6 Posts from December 2010

Dec.23 2010 watch list (stocks under $1)

  • Dec 23, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

Dec.23 watch list: $LVLT $SBSA $PTEK $KAZ $CFW $COIN $FSGI $BTC $SPEX $PCBC $ANPI $DJSP $MCZ $EFRFF $UURAF

Dec 22 2010 Watch List

  • Dec 22, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

$HCKT $CPF $ISTA $PCBC $AOB $UWBK $ZHNE $CPSL $SIRI $WWIN $BPHX $CIGX $TPGI $BXG $WL $BANR $GRO $BRCD $PNX $AMCF $ANTP $ZOOM $HTCH $SOMX$ROIAK $OXGN $NPD $RODM $IDI

Dec 15 2010 video watch list

  • Dec 14, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

Tickers: $affx $anpi $apt $bcrx $cdii $depo $dptr $falc $ned $siri $xoma

part1: http://youtu.be/WTTHH1mXjbs

part2: http://youtu.be/vNThb0s8uvU

Dec 10 2010 watch list

  • Dec 10, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

ZLC
ZIXI
CASB
NWY
ZIOP
FALC
NGBF
RTK
CBR
DLIA
KSP
JSDA
PPHM
GRNB
DJSP
IVAN
PKD
CYPB

Scan for Dec 09

  • Dec 9, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

Scan for Dec 09: HEV ATEC JSDA AIS PRXI PKD SCLN VISN CBB NWY FBN ALXA LEE COCO BIOS PMI KSP PLM PNX AERG GRRF GRNB CASB NGBF ACAD DJSP RPRX

Watch list for Dec 08

  • Dec 7, 2010
  • Posted By: DazeTrader
  • 0 comments
  • Tags: none

Some of these are just for Dec.08 while others could be live for the next few days if not weeks. Look through the charts and pick the ones you like.

 

MTLK weekly very nice, could get long and just wait for upside breakout, downside risk very limited/small.

BIOD daily is coiled and could make a nice upside breakout if it tries.

BDCO daily chart has started to breakout, very low float so it can go very very fast both ways, be careful.

IDSY breakout in progress

GRNB breakout in play

HH watch for breakout cont.

NEI watch for breakout start

WRLS watch for breakout cont.

MEG watch for breakout cont.

LAB

LEE

DYP very tight, little risk, huge potential gain if it goes up.

UCTT above upper BBs

NSPH strong close, watch for breakout cont.

RAD daily chart bottomed, upside awaits, good swing trade.

CVBF more room upside, huge gap

TUES breakout cont.

DEPO coiled up, volume action is very interesting

CMRG strong close, new highs

PPHM nice bottom on daily, upside pending, good swing.

DNPI (very tight, 33M O/S, BUY) good swing, limited downside risk.

WCBO watch for breakout cont. strong close.

CMLS strong close, breaking out

SRT potential breakout setting up

2 Posts from October 2010

2 Posts from October 2010

$XSEL – the next 100% gainer

$XSEL could be at least a 100% gainer from here. Similar to the $UWBK chart setup.

They are also required to bring their stock price up to $1.00 per share by Feb 1 2011 at the latest to maintain compliant with the NASDAQ’s listing rules.

So to me, this means there will be motive for the company to increase the price of their stock, hopefully not by doing a reverse split, but we’ll have to keep our ears open.

The chart is presenting a very low risk entry around $0.20 with major upside potential.

 

 

click on chart to enlarge

$UWBK – the breakout has begun

I have been posting about UWBK on my twitter stream for the past month, I’ve been holding a position around $0.40 for about 2 weeks now.

In the last two trading days, UWBK has started to breakout, a +25% upside move so far, and I feel that this is only the beginning, there is a lot more upside potential.

I have my targets marked and it wouldn’t be unrealistic to see UWBK trade at $1.50 in the next few days if the breakout continues.

UWBK has yet to release any news about this move in their stock price, so just imagine what a spark that would create if they brought some attention to this stock. I think the company might release some news in the next day or two. Also keep it in the back of your mind that on Nov.01 2010 they will be releasing earnings.

 

(Click on chart to enlarge)

 

Hello world!

Greetings.

My online trading alias is DazeTrader. I’ve been trading stocks since 2008.

I find stocks that are ready breakout to the upside. I use my technical analysis skills & have developed breakout scans to find stocks that are ready to breakout big and move fast to the upside.

I mainly trade stocks in the range of $0.01 – $5.00 (pennystocks in other words). Most of my trades are swing trades that last a few days. I also make a few day trades as well.

I often post breakout watch lists to help other traders make money.

Please feel free to ask me questions about stocks, trading, investing, markets, technical analysis, charts, stock scans, etc.

You can contact me on this blog, or more preferably on twitter.