My Stock Watchlist - BIOC and AYTU and my Takeaway from Friday
So Friday was not really a big day at all. I heard a lot of people in the chat rooms say it was mostly a day they were using for selling off and that the market was very bleh.
I did buy around $180 worth of BIOC at 0.3434 but it did not really do much at all on Friday so sitting still at this point. But BIOC still looks like it could rise and they actually plan on presenting recent advances in Biomarker Identification from Liquid Biopsies at GTCbio's 11th Biomarker Summit which is 3/27-3/28 so tomorrow or Wednesday could prove to give this stock some juice.
With AYTU the stock has been level for a while and it has just got out of over sold status so this stock looks like it could really make a run. I think it could make it to mid 0.50's early this week and who know if it could go higher even up to a dollar if we were to hold it longer.
Two things I have learned from messing around on Friday, I need to learn the ETrade platform more. So much going on in that website. So I will be devoting some time to just that. Then I learned that the $6 or so trade fee really sucks for a small account. With a larger account and more stocks purchased, I am sure that fee isn't anything. I wanted to only put down 20% of my account into a single buy so that just hurts. I am not sure I want to purchase more at one time, I will have to decide on that as things go on but I am trying to reduce the risk of losing money. Any suggestions?
Thanks guys and I will report back in soon!
disclaimer: This post was not meant to and should not be taken as investment advice. Please do your research on your investments and invest carefully. Day trading is risky business and should be treated carefully. Invest wisely and have fun!