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Biotech / Medical : Arena Pharmaceuticals (ARNA) -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (1965)11/17/2013 6:03:36 PM
From: wolfgangrene  Respond to of 2274
 
Maybe. It certainly has come a long way down. But I just watch the chart and watch the ppo/adx.
2.5 years ago I found Barns and Noble pinching. They declared bkrupcy. Then it bounced on some kind of news. The options ran up over 2000%. So, I watch the chart not the news.
But here is something to be aware of. You don't want the daily adx to go higher than 65. If the adx goes over 70, the stock really is dead. That is why you don't buy early.
Here is an example.
TWGP truely not worth any gamble.




To: Robohogs who wrote (1965)11/18/2013 11:36:48 AM
From: wolfgangrene  Respond to of 2274
 
I decided to take a tiny bite on NIHD here. The gambler in me.
The 15 min chart is bouncing.
That may be all she gets or it may actually be a reversal. I don't know.



To: Robohogs who wrote (1965)11/20/2013 12:31:34 PM
From: wolfgangrene  Respond to of 2274
 
Robo,
NIHD may ultimately bite the dust, but there are bounces in most everything and you can often identify where at least one of those will occur using the ADX and the ADX+DI lines.
How much of a bounce NIHD does, I don't know. I'm hoping it comes back up to that little channel top.