Trade of the Week for January 16, 2017

STOCK SYMBOL: GLBS Often times we use the past history of a stock in order to devise and refine our daily trading plan. A good example of this was on the morning of Friday, January 20th when we noticed a common trade setup on GLBS (Globus Maritime Limited). We can see...

Trade of the Week for January 6, 2017

As momentum daytraders there is nothing better than to witness and trade a stock that exploded over 1500% in the first six trading days of the New Year. EnteroMedics, or ETRM is a pharmaceutical stock that had issued a 1 for 70 reverse stock split on December 28th,...
Trade of the Week for October 24, 2016

Trade of the Week for October 24, 2016

On Tuesday, October 25th we traded Dipexium Pharmaceuticals Inc. (DPRX), yet another pharmaceutical stock that gave us a “dead-cat bounce” opportunity. As is usually the case in these situations, DPRX had reported a failure to meet goals in its Phase 3 trial. After...
Trade of the Week for October 17, 2016

Trade of the Week for October 17, 2016

Banc of California, or BANC, makes this Trade of the Week post after dropping nearly 30% in three hours before the close on Monday, October 17th. The catalyst behind the BANC landslide was a result of an anonymous short seller’s report that claimed the bank directors...
Trade of the Week for October 10, 2016

Trade of the Week for October 10, 2016

This trade of the week will focus on BSPM, Biostar Pharmaceuticals, on the day of October 10th. BSPM, a health supplements company, had released an announcement regarding the launch of their new product called “Easy Breathing”. This new product will treat rhinitis and...