Thursday, August 13, 2009

The Sleepless Trader ~ Somaxon Pharmaceuticals, Inc. (Public, NASDAQ:SOMX)

the $2 sleeping pill.
... with 1 insomnia drug (Silenor) recently denied by the FDA (not up for re-approval until DEC 2009)

*long* SOMX ... no revenue, no product, no problem!

LONG ENTRY:
1) now! .. $2+ in anticipation (BOTD)
2) the prudent buyer, $1.50 @ the 50sma/breakout point.
(safer bet, but may miss the pop)
3) or wait for BIG BULLish green volume?
(best bet, but ya gotta be quick)

the competition and true "sleeper" play ... SEPR!

Sepracor Inc. maker of LUNESTA
... the weekly/YTD breakout? (no pos)


Behind the WALL of Sleep ~ Black Sabbath, Paris 1970.


p.s. the BOOK.

LONGS:
SEMI-PROs: $LSI down 3%, and New 52 High for $MU up 3%+!
Regional Champs: $HBAN up 22%+ and $FITB up 27%+!
the Left-Overs: $JPM up 16% and $HK up 20%.

SHORTS:
the SPY 99 Puts o' Protection! (down 60%+)
Fuck Gold... *long* $DZZ down 5% & *short* $KGC down 5%
the DEVIL. $SMN. (no comment)

6 comments:

BUY ON THE DIP said...

AGEN looks good, again.

BUY ON THE DIP said...

What's up with Gary?

GRH, MGH.

Hmmmm.

BUY ON THE DIP said...

CENX, PCX, ANR, CLF, X, etc..

watch 4 breakouts.

BUY ON THE DIP said...

gary , hmmm.

GRH up +55.41%


top short = HBC
top long = LSI

BUY ON THE DIP said...

hmmm , did ya'll see the action in GARY's companies. hmmmm.

GRH, and MHR.

....

also added RDN and XL ...insurance flag plays! (charts later)

peaces!

BUY ON THE DIP said...

shazzzzam!

$SOMX 2.48 +0.60 (+31.91%)