Today's a big day. If we close lower than yesterday than I'm going to be looking for a bigger pull back. If we don't than I'm a buyer.
TNXP- I think it may have topped at 21 for the time being. looking for it to hold 15 level. that level may be able to enter if you haven't yet
Just got CHTP and GILD. Targeting to keep GILD for around 12 months. CHTP a little shorter. Expecting the FDA to give the green-light on there new drug in Feb. Think this guy still has some pop left in. Also looking at SOCL and Celgene, for different reasons. I think SOCL will take off in the next 5 years.
Hopefully the FDA agrees in Feb and doesn't wait another 3 months. Could be good for the people looking to hold longer because it gives them (CHTP) more time to prepare there marketing/sales plan, but I'll be trying to get out right after the FDA decision. My only fear is that they don't have any other drug, and so if the FDA says no I think the company could end up in bankruptcy.
Thoughts on Gold? Was just above 1250 but seems to be stalling at ~1240 with the dollar fundamentally strengthening and index re-balancing. Got a 1300 March call that I am debating on keeping