Posted On: 03/30/2014 7:23:47 PM
Post# of 2559
PGNX Daily Chart ~ Following the Rest of the Biotechs...... Down
As you can see in my last post on PGNX, I entered for 2k at 4.44. That position didn't last long as the stock couldn't clear the MA100 along with a lot of red hitting the larger bio/pharma stock at the same time. I chose to exit that position but only got 4.61 for a gain of .17 or 3.8%. A friend of mine sold a bit earlier than me and got 4.74 with the same entry of 4.44. Sometimes they don't work out as good as hoped for, but a small gain is always better than a loss. Fortunately, just eleven days ago, PGNX was almost .90 higher than today. Ever notice how much faster stocks fall than go up? GLTA
As you can see in my last post on PGNX, I entered for 2k at 4.44. That position didn't last long as the stock couldn't clear the MA100 along with a lot of red hitting the larger bio/pharma stock at the same time. I chose to exit that position but only got 4.61 for a gain of .17 or 3.8%. A friend of mine sold a bit earlier than me and got 4.74 with the same entry of 4.44. Sometimes they don't work out as good as hoped for, but a small gain is always better than a loss. Fortunately, just eleven days ago, PGNX was almost .90 higher than today. Ever notice how much faster stocks fall than go up? GLTA
| 03/19/14 | Sold | 2 ,000 of PGNX @ $4.61 | 9,212.01 |
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