I got into DNDN at 2.94, out of my trading position at 20. Now DNDN is back at 12. I nailed it this time. I am so glad that I successfully resisted strong temptation to re-chase DNDN after I locked in my trading profit. It is so damn hard for me to watch DNDN continuing to soar because I am crazy bullish about DNDN, having been tracking it for years. But I successfully followed my trading plan. Dramatic stock movement in 2008 really
SET ME FREE. I will study published data, listen to experts, wait for noise to die down, then make my jump. Happy investing and trading.
http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=1390820
just bought dndn at 2.94http://web.wenxuecity.com/BBSView.php?SubID=tzlc&MsgID=160392
Nice profits from both positions. These two are both my favorites, I am selling some to pay off credit card debt.
loop was bought at 7.07 on 11/03/08, sold at 8.28: 18% profit margin in 5 months. a little profit from 5 months' mental torture. I still have quite a lot of loop left from different price levels. loop is the equivalent of ebay in commercial real estate. It will not BK, it does not have debt and it has a light business model, it is a growth story plus a cash cow. It would be perfect if it pays some dividend.
I am selling DNDN for trade. DNDN will present its detail interim trial data on 4/28/09, a few days later. No one knows how high it could go for these few days. I am guessing DNDN will dip back after the event and before it file for FDA application. I will sure buy back my shares now that its risks is reduced a lot. I still have my core holdings of DNDN that will see the eventual fate of FDA decision. I have a guess of probability of DNDN getting approval. but it is just a guess based on my years of tracking on DNDN stories. I think it is better I keep it to myself.