If Everyone Dies from Corona, Pharmaceuticals Win

[Zhong Lu + 845]

So... INO.

[Zhong Lu + 845]

Damn. Oh well. Out.  

EDIT: NVM Back in. Gotta make up my mind before weekend. 

Fine. Just holding into weekend.  Rumors of it spreading to Europe.  

Edited January 24, 2020 by Zhong Lu

[Zhong Lu + 845]

Did some actual "research" (google search). 

1. INO is a real company.  

2. HPV vaccine in Stage 3 trials.  Won "best therapeutic vaccine" in April 2019 at World Vaccine Congress making this risky but bagholdable.

3.  Also has numerous drugs in Phase 2.

4.  Stock not doing well until last month but floor is 2, and they've been around since 1998, which is pretty long for a biotech.

5. Also note the "round bottom" around 2 and the recent break out, so technicals/charts good, too.

Doesn't mean it'll go well, but its worth a shot.  Gonna stop posting and disappear for a while. Going to try hard not to check stocks or anything for a few weeks.

Edited January 24, 2020 by Zhong Lu

[Zhong Lu + 845]

Out of INO now.  Overbought, needs to cool off a little.

Should have sold @ 9:30 AM instead of now, but whatever. This cancels out some trades that didn't go great so now I'm break even again for the last 2.5 months.  

Safest bet is to wait for the S&P to finish crashing but I get impatient.... That's my biggest problem.

Edited January 27, 2020 by Zhong Lu

[Zhong Lu + 845]

Back to INO with a largish position.  Twice we've bounced off of 50 EMA over the last two days.  And it's dumped enough from its overbought highs to be worth a shot.