8/15PM: Was going to see my girlfriend, but had to look at potential stocks right before I left. Noticed multiple potential plays, but IDXG looked the best one, as it had earnings last week, and an analyst upgrade with a $5.00 price target. It was holding support near it's highs at 1.00. I bought 800 shares at 1.04 in my SureTrader account. And decided to buy an additional 200 shares in my small $200 E*Trade account. Stock closed near it's highs at 1.10.
In after hours the IDXG traded all the way up to 1.20. I decided to sell some pre-market in the 1.20 area.
8/16AM: Pre-market the stock is trading in the high 1.20's. I decided to take all my profits at 1.22 for a nice $130 gain after commissions.
I was still holding my 200 shares in my E*Trade account, whichI was planning to sell at the market open on a morning spike. As the market opened, IDXG first started to test it's pre-market lows at 1.17. I decided to sell if it would get to 1.10 (yesterday's closing price). It held 1.17 and shot up to it's pre-market highs. Came back down a little, and I sold at 1.25. Nice $32 on my $200 account.
8/16PM: I noticed $DCTH holding near it's highs this afternoon. This former supernova will have convertable shares become available when the price hits 0.153. I tried to buy 4000 shares, but couldn't get more than 2800, because of account restrictions from my previous trade this morning. I took the 2800 at 0.1383. DCTH has very limited downside, risk is at 0.135, but will let it go to 0.132 if it drops too fast. It's closing strong now with only 5 minutes until the close as I'm typing this. Feel very confident for this to see 0.15 or even 0.16 on a morning spike tomorrow!!
5:30PM UPDATE: SEC filing came out, and it starts to panic. Cutting my losses here at .125. Not the ideal exit, but just wanted to be out. With commissions, I lost about $90 here.
Good job!
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