AQXP is it worth getting into?

Discussion in 'Stocks' started by jasoncam, Aug 10, 2015.

  1. jasoncam

    jasoncam

    So THIS happened on Friday and I completely missed that.
    [​IMG]

    My question is: do you guys think it is too late to get into this one? Looks like it went horizontal and I do not believe it will hold. Bios are like this mostly, imo.

    And another one: I am terrible at spotting patterns but I'd like to improve on that, so how do you decide it is safe to go long in this kind of scenario? I'd think that this red bar might be the point of interest to make a decision, but which one: to get in or to get out?

    Appreciate the insights.
     
  2. I think you missed the bus on this one, i would move on...
     
  3. $AQXP This is not shortable, any short here is a liar! Trade it on a sharp dip, as happened last hour on Friday
     
  4. $AQXP stock can’t be shorted, any short here aren’t going to work but then do you think it’s completely not short able?
     
  5. jasoncam

    jasoncam

    Goodness gracious! Holy AQXP!
    From 10.54 to a high of 55.75. This one made a LOT of people happy today.

    The pattern is no distinct though, is it? I thought after Friday move it would not continue the trend, at least not that much. especially over the weekend. Am I missing something?
     
  6. Probably just the good news on their drug trial I would assume
     
  7. There is almost no stock to trade.
    Baker bros owned 40% as of close on Friday.
    One article said there could be as little as 240,000 shares left in the float.
    HFT short squeeze dream
     
  8. neke

    neke

    Hmm, 1999 all over again
     
  9. i960

    i960

    Why is everyone asking about this thing when it's completely obvious the move has already happened? Move on.
     
    #10     Aug 10, 2015
    best_nikhil likes this.