[anupam384]

Well done to anupam384 on his IDRA pick.

I've highlighted MCP a number of times on the thread over the last few months, and bought into it myself in early August. It continues to trade in Stage 1B and has had a strong week. Relative performance is breaking above the zero line, but volume is still only average currently, but the 50 day MA and 200 day MA are today at the same level, so could crossover finally.

To move into Stage 2A this would need to close above the July swing high of 8.06 imo. Attached is the charts.

Disclaimer: I have been long MCP since 7th August.

isatrader, what are your thoughts about the industry. I read and was told that the industry is out of gas for a while. I bought at the wrong time (may be around the same time as you) and sold for a loss. I take full responsibility for my decision.

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I don't think anyone has given anupam384 a pat on the back for the IDRA call but it is up 60%-65% since he highlighted it last week. I got in at $1.79 on Monday and the stock is currently trading at $2.95. Hopefully this one still has some more upside to it thru the end of the year.

Nice job anupam384! I'll be looking forward to more of your picks!

Here, here, good pick anupam384.

I thought this one was quite deceiving as the volume on the pull back was greater than the volume leading to the break out. For that reason I was going to pass up on this one until the perfect pocket pivot purchase (excluding fundamentals) bounce off the 50 dma came in on 25th Sept . This was followed by a doji on the 1st October and then a bullish engulfing candle both finding support at the 50 dma on decent volume. At this point I could here the stock screaming "buy me". Happy days

Thanks theory, goodtyneguy and isatrader. There is no doubt that I am learning from the best but I think I just got lucky on this one. May be beginner's luck

How long do you guys plan to hold on to IDRA. This bio company will release their phase II results in first half of next year and could be worth north of $35 (being conservative) in few years. I can post the numbers if you guys would like to see.