Codexis Inc Com (NASDAQ:CDXS)

CAPS Rating: 2 out of 5

Recs

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Player Avatar Teacherman1 (56.09) Submitted: 1/15/2013 2:54:03 PM : Outperform Start Price: $2.36 CDXS Score: -6.68

Closed out at a small profit a couple of weeks ago because it was "stuck in a range" and I wanted to lighten my position.

I bought back in today, even though the price is a little higher than I want for the longer term hold that will be required, but wanted to get it back on my "radar".

Will watch for opportunities to add to my position on any market dips.

This is a semi-spec play, but with what they have going on in the drug area, I expect it to pay off over the longer term.

JMO and worth exactly what I am charging for it.

Member Avatar Teacherman1 (56.09) Submitted: 2/4/2013 3:07:34 PM
Recs: 0

Back to trading in a "range" again. Won't go up enough to show a profit, or down enough that I want to buy more.

Will just have to be patient until I can get it low enough that I can feel comfortable holding it for the longer term.

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