Stockvator's "why the heck not" Watchlist - Page 4

A buy-on-stop order is a risky method. The big drawback is the deceptive runs that often happen. You also have to have a decent gap above the current share price so that it doesn't trigger too early.

Let's take yesterday's HEB for example. The decision is on the way and you aren't a big risk taker. Therefore, you don't want to be invested in the current price for fear of Ampligen being rejected. So, you do your research and make an estimation on how high the share price could go if it were approved. Judging by many on the HEB thread and elsewhere, they feel that $6-10 is feasible. You feel confident that HEB's current trading range between 1.70-2.00 will remain the same before approval/rejection. So, you put a buy-on-stop order at 2.50. You're confident that being 50 cents above the current price is a safe enough distance, but yet conservative enough to catch a run to $6-10 and make over 100% profit still.

Problem is you run in to days like today where it will jump up to 2.57, set off your order, and then drop over 20 cents (which, when you think about it, probably happened to some people today). Now you're already down 8% and who's to say it won't drop back down to the 1.70-2.00 range again? Due to your risk factor you're left with two choices. First, sell for a loss and get out before decision time. Second, go against your preference and hold ... not knowing if it will be approved or not.


Buy-on-stops are risky imo. It's difficult to:

1) Set it at a price high enough above the current price where it won't get hit early and
2) Set it at a low enough price, still above the current price, where you still can make a decent profit

Alert update ... pphm.

AGEN, pick from monday, still on the rise

INSV abnormal volume, look for a good pop today

DVAX still some room to grow imo.

Sorry, was out for a while. I think INSV has had its run for the day. Tomorrow, imo, will be either a sideways day or a down day for it unless more news deems otherwise.

TGEN up 83% today. IMO if you get in before eod it will rise a bit tomorrow too. You decide.

I have to run for a bit right now, but I'll take a look at it when I get back.

You mean over 60% jlewis?



INSV was a hidden gem, glad I stumbled across it in my research.

After a good bit of research on the company I have decided they will remain on my watchlist for the rest of the week. Why? Three reasons:

1) They will be marketing their product in the U.S. in the 2Q 2009 (which we're in).
2) They have cash equivalents and marketable securites of $31.3m.
3) They are being promoted by the sales forces of Bausch & Lomb and Pfizer, Inc.


More picks to come later. I still like the looks of TGEN for tomorrow. Although it was up a good percentage, I feel the price is still attractive to many.