Tuesday, February 9, 2010
ADVENTRX Pharmaceuticals Inc. Presents At The 12th Annual Bio CEO & Investors Conference Today:
ANX is one of my favorite small cap BioTech stocks at the moment.
It is listed on the AMEX exchange, and is currently trading at around $0.30 per share. It has been a Volume Leader on the AMEX for two months or so. Here is a link to the company's website:
http://www.adventrx.com/
ADVENTRX Pharmaceuticals is a biopharmaceutical company focused on in-licensing, developing and commercializing proprietary product candidates primarily for the treatment of cancer. The Company seeks to improve the performance and commercial potential of existing treatments by addressing problems associated with these treatment regimens.
ADVENTRX is presenting at the 12th Annual Biotechnology Industry Organization CEO & Investor Conference. Here is a list of all of the companies presenting at the conference. I have been following many of them for over a year:
http://ceo.bio.org/opencms/ceo/2010/Companies/PresentingCompanies.html
Here is the link to listen to the webcast live at 10:30am ET, or you can listen to it later:
http://ir.adventrx.com/phoenix.zhtml?c=75414&p=irol-IRHome
I don't expect any new news to be presented at this conference, because SEC Regulations require that a press release of any material event must be published to the entire world and not just to the participants of a conference.
But they may surprise us on this, because some types of developments don't require a press release. The best news they could give us today would be to name a target date for submitting a new drug application (NDA) for the second drug in their pipeline ANX-514.
There have also been buy out rumors spread all over the internet about this company over the past two months, but I don't think this has a possibility of happening until after the FDA approves the NDA for their first drug candidate ANX-530. ANX submitted a NDA to the FDA for this drug the last week of December 2009, and the FDA has sixty days to rule if they will accept or decline this NDA or not. We should hear news on this during the last week of February, or during the first week of March.
There are also talks of partnerships with one or more of the big BioTech companies. One of the purposes of a conference like today's is to have private meetings with the CEO's of the presenting companies. News of either a buy out or a partnership would surely be good news for this company, and it should reflect well on their share price.
I will be watching for unusual volume and price action on ANX today and the rest of this week. I will post my thoughts about their presentation later today. ANX is one of the few stocks that I am an "investor" in. I also have another block of shares that I trade in and out with using my day trading account.
Happy Trading,
zigzagman
Labels:
AMEX,
ANX,
day trading,
day trading lessons,
stock market,
stock picks
Monday, February 8, 2010
Examples Of Real Trades That I Have Done:
To show you the kind of money you can make Day Trading, here are a few examples of real trades I have done:
On May 28th 2009 I made $1750. in only ten minutes of trading on two scalping trades on FAS:
I put $92,100. to work and made almost $900.00 in just under six minutes on this trade:
I put $93,000. to work and made just over $850.00 in exactly four minutes on this trade:
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I put $21,000. to work when I bought 2000 shares of TSO and made $280. in just three minutes!

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Here is another example of a ten minute Day Trade that made $300.00

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Here is another example of a seventeen minute Day Trade that made $300.00
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Here is another example of an eight minute Day Trade that also made $280.00

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As you can see, Day Trading is a very profitable way to trade the market in a very short period of time. I usually do two or three trades before lunchtime, and call it a day. A few hundred dollars a day is more than enough for my family to get by on comfortably. A full-time experienced Day Trader can easily gross $100,000. per year or more.
But don't think you can do this without proper training, because you can lose as much money on each trade shown above in a very short amount of time. Like anything worthwhile in life, you must get educated and pay your dues before you become truly successful.
I can show you how to make this kind of money in a much shorter amount of time than it took me to learn how to do it. You get my fifteen years of experience to show you the best way to Day Trade, without having to make the same mistakes I made when I first began trading.
Happy Trading,
zigzagman
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