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Momentum21 (96.33)

Current M21 RL Positions: 2012

Recs

8

January 27, 2012 – Comments (50) | RELATED TICKERS: ARO , DSCO , SAN

Here is the update. The trading has been cut significantly and the second half of 2011 was hard to stomach but I managed to be patient.

Took a complete loss on Radient Pharma

Had some big wins with ANDS and MITI

ATPG, ALIM, SVNT and CEDC -- not good!

Happy with MSFT, VICL, REGN and the comeback of CSCO...

Judgment day for DSCO is upon us... 

CSCO 8.48% MSFT 6.98% ARO 5.88% DSCO 5.61% STD 5.44% ABT 4.94% USB 4.04% RJET 3.82% AZN 2.77% T 2.77% LOCM 2.68% ATPG 2.61% GNK 2.61% DHI 2.55% MDC 2.32% TSON 2.07% EXEL 2.01% VICL 1.87% NBG 1.84% GLW 1.82% ARNA 1.70% ALNY 1.58% SQNM 1.52% EXAS 1.49% EMC 1.38% PACB 1.22% DCTH 1.12% XNPT 1.11% MNTA 1.08% TRGT 1.08% AFOP 1.01% MAXY 0.97% REGN 0.91% SVNT 0.89% CEDC 0.83% REVU 0.82% IDRA 0.79% SNSS 0.71% GALE 0.67% IKAN 0.59% THLD 0.49% NEXS 0.32% MRNA * 0.31% ALIM 0.29% SOMX 0.21%

Trailing the index by a few points for the past 6 months but ahead by 10 points YTD 

50 Comments – Post Your Own

#1) On January 27, 2012 at 2:05 PM, Option1307 (29.90) wrote:

Looks like you have some decent holdings, big fan of STD and MDC.

DSCO will certainly be intersting the next ~month, I hold a small portion as well. More of a gamble then a real "investment" but seemed liked fun with a good risk/reward ratio. The whole idea originally was to ride the buildup wave in anticipation of the FDA data release, this essentially is still my plan as I likely will sell before they release the news. I'm still not sold that they will actually get approved, FDA approval is much more difficult than people realize.But that doesn't mean people won't still bid this up to the moon prior!

Best of luck, +1.

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#2) On January 27, 2012 at 2:39 PM, Momentum21 (96.33) wrote:

thanks Option!

the thing to watch with DSCO is further dilution between now and judgment day. they have other irons in the fire besides SURFAXIN and if they decide to hedge bets prior it could cut the legs out from under any run-up.

That said, I like the risk reward as well and have an over-sized bet on a multi-bag run potential. I have been preparing myself mentally to end up on the short end of this stick based on their history. : )    

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#3) On January 27, 2012 at 3:42 PM, dragonLZ (99.69) wrote:

I told you this is our year... :)

Good luck, my friend, and have a great weekend.

DLZ

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#4) On January 29, 2012 at 9:35 PM, Option1307 (29.90) wrote:

they have other irons in the fire besides SURFAXIN and if they decide to hedge bets prior it could cut the legs out from under any run-up.

Valid point, this is definitely my concern as well and basically the main reason why I never allowed myself to make more than a small gamble on this baby biotech. But as you said, still a decent risk/reward ratio.

We shall see very shortly

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#5) On January 30, 2012 at 12:26 PM, Momentum21 (96.33) wrote:

dragonLZ (98.60) - I never doubt you my friend. What is your highest conviction HOT pick right now DLZ?

Option1307 (29.82) - good luck! 

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#6) On February 01, 2012 at 12:33 PM, dragonLZ (99.69) wrote:

M21, I really don't know which one I would pick as the HOT one I like right now. In this post of mine you can see which ones are on my list.

From that list, I own both penny plays - NTWK and MCZ (small positions), PETS and DLB. Just last week strated buying VECO.

Uranium stocks have very nice chart setups right now (CCJ and DNN), but keep in mind I've been wrong on DNN before.

Which ones do you like right now?

Good luck! 

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#7) On February 01, 2012 at 3:36 PM, Momentum21 (96.33) wrote:

Sold completely out of REGN @ 92.27 (I know, I should hold some, but the 90% return in less than one year will suffice in this case). I want to raise some cash here...

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#8) On February 01, 2012 at 3:45 PM, Momentum21 (96.33) wrote:

dragonLZ (98.76)  

I like your choice of DLB for sure. HAS is another along those lines. I also continue to like GLW...the theme would be the "value tickers" that have been slow to come around (to put it mildly). This might be the year where you can make fewer bets on some of these beaten down and somewhat less speculative names.

Porte continues to provide some good ideas as you know. 

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#9) On February 02, 2012 at 12:33 PM, dragonLZ (99.69) wrote:

Wow, man, great call on REGN. Congrats and may you have many more calls like that.

Good Luck.

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#10) On February 03, 2012 at 12:54 PM, Momentum21 (96.33) wrote:

#9 - REGN was a bit of a random call that I made when doing some quick "research" around the opinions of Portefeuille and zzlangerhans. It was a small position and since it is now trading at 96 maybe my call wasn't so great. : )

More good news though...check out THLD! I made this call prior to ASCO and in the short term it was a real loser...got it back today though! http://www.reuters.com/finance/stocks/THLD.O/key-developments

 

 

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#11) On February 06, 2012 at 12:55 PM, dragonLZ (99.69) wrote:

Holy cow, this THLD thing seems to be on fire - up another 30% today.

Congrats once again, my friend. :)

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#12) On February 10, 2012 at 12:57 PM, Momentum21 (96.33) wrote:

picked up ASTX @ 2.03 and ASYS @ 9.05

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#13) On February 10, 2012 at 2:46 PM, dragonLZ (99.69) wrote:

Good luck, my friend.

I'm really hoping today's 20% drop was the last big drop for this stock. I have no money in it, but was seriously considering it the other day. I'll wait a few weeks (or days) and then might follow you in RL if I see it recovering.

 ASTX looks interesting too.

Have a great weekend.

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#14) On February 23, 2012 at 3:55 PM, Momentum21 (96.33) wrote:

sold a 15% piece of DSCO @3.15 since it has become my second largest holding as of today...

It is been a long battle back! Go DSCO :) 

 

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#15) On February 24, 2012 at 10:28 AM, rancidx3 (38.77) wrote:

Are you planning on holding dsco past the pdufa date?

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#16) On February 24, 2012 at 9:14 PM, Momentum21 (96.33) wrote:

#15 - I will hold some of it...ideally we don't see them dilute further to raise cash between now and then. The dream is to roll the dice with house money but it never works out that neatly now does it...

For better or worse I have learned to be more patient with my decision making. Whatever I bet on the PDUFA is money I am willing to lose...it happens.

Good luck! 

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#17) On February 27, 2012 at 5:48 PM, Momentum21 (96.33) wrote:

Sold a little bit more DSCO (12%) @ 3.71 today. Trying to keep it from being the #1 holding...number 3 or 4 is better. : )

Go DSCO! 

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#18) On March 05, 2012 at 12:10 PM, Momentum21 (96.33) wrote:

added some ASYS shares at $8.27

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#19) On March 05, 2012 at 4:07 PM, Momentum21 (96.33) wrote:

sold some more (20%) DSCO @ 3.60

DSCO is still a top 5 position but easing it back... : ) 

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#20) On March 13, 2012 at 1:56 PM, Momentum21 (96.33) wrote:

bought some HGSI with the proceeds above @ 7.59

someone is going to put them out of their misery one way or another. 

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#21) On March 16, 2012 at 10:51 AM, Momentum21 (96.33) wrote:

sold all of my AZN postion @ 44.95

sold 1/3 of GALE position @ 1.56 

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#22) On March 16, 2012 at 12:05 PM, Momentum21 (96.33) wrote:

added back some DSCO (20%) @ 2.85 -- let's get it back on!

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#23) On March 16, 2012 at 7:36 PM, portefeuille (99.56) wrote:

DSCO shares currently make up around 3.5% of my fund's long positions (see comments #54,55 here). I think that is reasonable exposure ...

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#24) On March 26, 2012 at 2:56 PM, Momentum21 (96.33) wrote:

#23 - DSCO is still just around 5% of the total. #22 indicated that I sold 20% of the position.

Sold 20% of ARO @ 21.75

Sold 15% of ARNA @ 3.10 

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#25) On March 26, 2012 at 3:23 PM, Momentum21 (96.33) wrote:

Sold all of IKAN @ .73 and all of AFOP  @ 9.30

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#26) On March 27, 2012 at 3:58 PM, Momentum21 (96.33) wrote:

Sold all of AT&T aka T @ 31.64

Bought CJES @ 17.83 

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#27) On March 29, 2012 at 12:00 PM, Momentum21 (96.33) wrote:

Bought 2% position of MTL @8.71 to add some flavor back in!

M21 LIKES MTL 

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#28) On March 29, 2012 at 2:04 PM, Momentum21 (96.33) wrote:

Sold all of EXAS @ 10.88 (based on today's action it might be just getting it's groove on but I will take the 70% gain on this one in a little over a year)

Gotta keep a lid on the number of positions... 

 

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#29) On March 30, 2012 at 3:03 PM, Momentum21 (96.33) wrote:

Sold 25% of THLD @ 8.88 a 370% run since last May... : )

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#30) On April 01, 2012 at 2:40 AM, portefeuille (99.56) wrote:

I told you your portfolio was on a good way (in comment #2 here) ...

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#31) On April 09, 2012 at 3:13 PM, Momentum21 (96.33) wrote:

added back a little more DSCO @ 2.48...

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#32) On April 10, 2012 at 10:19 AM, Momentum21 (96.33) wrote:

added to STD @ 6.68

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#33) On April 10, 2012 at 11:04 AM, Momentum21 (96.33) wrote:

doubled the TRGT position @ 4.37

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#34) On April 16, 2012 at 11:34 AM, Momentum21 (96.33) wrote:

added to STD @ 6.36

doubled the CJES position @ $16.80 

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#35) On April 19, 2012 at 12:27 PM, Momentum21 (96.33) wrote:

sold 40% of HGSI shares at $14.35 (up 100% today of GSK offer)

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#36) On April 20, 2012 at 12:03 AM, portefeuille (99.56) wrote:

yeay.

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#37) On April 20, 2012 at 4:44 PM, dragonLZ (99.69) wrote:

Great job, M21. I'm very happy for you.

Yesterday, as soon as I saw HGSI being up 100%, I immediately thought of you as I remember reading about your new HGSI position.

Once again, congratulations and good luck in the future. 

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#38) On April 20, 2012 at 5:11 PM, EnigmaDude (98.06) wrote:

I'm liking CJES more and more and need to add to my position while the price is under $17.

My top gainers right now are POZN, TISA, and FSII. They all report earnings first week of May and then I should have a better idea whether to add more, hold, or take some profits.

SQNM is looking good right now.  Do you have a price target for that stock, or is it a long-term play?

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#39) On April 23, 2012 at 10:37 AM, Momentum21 (96.33) wrote:

bought a decent position in TEF. Not afraid to add here...TEF @ 14.17 

 

dragonLZ (97.74) - thanks man..HGSI makes up for a couple of mistakes along the way...hoping to pick more good than bad these days : )

EnigmaDude (98.29) -  SQNM is a longer term play. I have owned it since Oct. I like the "space" and felt they represent more upside than down going forward.

portefeuille (99.75) - I will have to come up with a video of my own, tough to beat the Hives though.   

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#40) On April 23, 2012 at 1:10 PM, Momentum21 (96.33) wrote:

add to STD @ 6.23

MADRID (Dow Jones)--Spain's Banco Santander SA (STD) is drawing up plans to sell a chunk of its fast-growing Mexican unit within a year, people familiar with the plans said Monday, in what is set to become the largest initial public offering on record in Latin America's second-largest economy.  

http://online.wsj.com/article/BT-CO-20120423-711204.html  

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#41) On April 25, 2012 at 12:30 PM, Momentum21 (96.33) wrote:

sold the balance of HGSI @14.36 today...probably more downside risk than upside potential. 

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#42) On April 25, 2012 at 12:37 PM, Momentum21 (96.33) wrote:

sold all of NEXS @ .71 (that investment did not pan out) : )

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#43) On April 25, 2012 at 3:54 PM, Momentum21 (96.33) wrote:

doubled on IDRA @ 1.54...boo yah

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#44) On May 01, 2012 at 1:35 PM, Momentum21 (96.33) wrote:

Doubled GNK @ 4.57

Sold out of SVNT @ 2.20 (thanks to twitter perhaps)

Speaking of Twitter: https://twitter.com/#!/Momentum21Fund

 

 

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#45) On May 01, 2012 at 1:45 PM, portefeuille (99.56) wrote:

Sold out of SVNT @ 2.20 (thanks to twitter perhaps)

not such a great idea, I think.

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#46) On May 01, 2012 at 1:55 PM, Momentum21 (96.33) wrote:

#45 perhaps but the initial indications on that headline didn't give me a good feeling and I thought I was getting a headstart since I had the benefit of being at my computer when the chatter started.

I realize it is a Fools game to jump in and out but I can assess this one from the sidelines. SVNT is now at $1.65 so perhaps I reconsider here : )

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#47) On May 01, 2012 at 2:16 PM, Momentum21 (96.33) wrote:

back in SVNT at 1.79 : ) missed chances at 1.65 and 1.50! 

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#48) On May 01, 2012 at 2:49 PM, portefeuille (99.56) wrote:

There are now 42000 SVNT shares in my fund with break-even of around $5.20, thus the SVNT position is still the worst non-hedge position, see comment #166 here.

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#49) On May 03, 2012 at 2:51 PM, Momentum21 (96.33) wrote:

added more SVNT yesterday @ 1.65

doubled MNTA @ 14.71 today

Ugly day for my portfolio mix... : (  

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#50) On May 09, 2012 at 10:56 AM, Momentum21 (96.33) wrote:

over the past couple of days: sold a bit of ARNA @ 3.40, added to SVNT at 1.32 and doubled PACB @ 2.46

More timely "trades" over on twitter:

https://twitter.com/#!/Momentum21Fund

 

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