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)