Good Morning Goal Getters,
Happy Friday Recap:
CAPR (entry @ 1.65 sold at 2.08, 650 shares, +280)
THMO (we entered this yesterday and ended up being a day trade for me, however it is way up today! Entry @ 7.36 @ 300 shares, sold @ 8.25, +275)
AMZN (entry @ 1980 avg 4 shares, sold at $2450 avg, +1880)
XSPA (entry @ .43 cents, 2500 shares, sold at .65, +550)
LB (Retail company that houses Victoria Secret, plummeted to $9 per share, we quickly entered due to market sell-off on news that VS is looking to back out of their partnership and seperate, with 200 shares, it oversold we entered, sold at 11.20, +440)
Those were the top 5 along with other day to day micro wins we've been averaging +100 as our primary price targets. $3000+ for the week. We are navigating the waters effectively and efficiently, I'm going to re-enter THMO again because the original price target we have is $15, I sold because I LOVE taking the W's when I see them. Back on the field we go.
TODAY: BNTX is going to be our play, they are entering into their human trial study alongside Pfizer (PFE) for a COVID vaccine and this alone will cause the stock to steadily trend upwards. Entry $49, Price Target, $60. PFE is also in play which a couple of us have been watching and playing for the past couple weeks, it's a slow riser, however we will also see a rise towards $40 with this one as they begin their trial on April 26th.
High Risk/High Reward: LJPC, La Jolla Pharmaceutical, is approaching their earnings next week (5/4) (which is expected to produce positive results) (Note: the market operates on two factors, earnings & earnings expectations), it is expected to perform which will cause a rise in stock price leading up to it. Additionally since the Gilead phase 1 turned out negative, the world is shifting to other therapies + vaccines and LJPC has one as a contender, Angiotensin-II. Again this hype alone, will cause a slight uptick and this is the wave we ride in on. Price target $12.
Happy Trading Day, Let's keep moving onward & upward together. Over 26 million people have reported unemployment to date, as Stay-at-home orders continue to extend (here in IL it's now May 30th) we are going to see these numbers increase, let's continue to place ourselves in the driver seat and create a life where we rely on our ability to generate our own resources.
LOVE YOU ALL!
Coach Jon