Definitely over-trading a bit here. Need to cool off a little bit and focus only on quality swings. Today’s trades below.
Market was choppy today so I booked gains when I saw them. Sold $SORL for a quick 10—15¢ gain when it broke $4 but had trouble staying above the $4 line. May re-enter if it dips into the $3.80s. Previous entry was ~$3.83. Still hold some $SORL in one of the bigger accounts.
Bought $GNMX for what might be a multi-week swing. Took 10,000 shares at $1.29 (chased there a little bit). This is a biotech which has data due in Jan 2019. Bought here early for a catalyst run-up type move over the next several weeks. Co recently did a raise to expedite their trial so they should have cash over the next few months. Insiders loaded recently so with volume, this can move closer to $2 as part of a catalyst run-up.
Bought and sold 5,000 shares of $BLRX when it dropped ~15-20¢ intraday on no news. Stock has got data coming up over the weekend. I decided to exit the position flat so as to not have stress of holding shares into data.
Finally, towards the market close, bought 10,000 shares of $DCIX at $1.34 - shipper season may be upon us with Nov only 2 weeks out. $GLBS, another shipper, caught momo so I bought $DCIX as a sympathy play. I like the $DCIX chart so might hold it for a few days in case it does not run this week.