I continue to think land throughout the vast reaches of what is considered Appalachia is a long term investment of a lifetime. It will be highly sought as urban cities of various size continue to slowly decay. Plenty of raw land priced under $3,000 acre. Some under $1,000.
Trading like a group. That's the trade. Choose your poison. Who gives a shit. They're all going to go up unless headline. Then you flip.
In the next 6-12 months we'll know who works and who doesn't then invest. For now - its trade only.
$hims I bought more yesterday on the dip. First time I added to my tracer. Of course not nearly enough :) Time to site and wait for how digestion unfolds. Volume is suspect so far.
That is the value of a tracer. Keeps you glued just enough to learn its full character.
$HROW The only thing circulating is a trader note that Opaleye Management is shutting down. Opaleye is a Boston healthcare fund and, on its last 13F, HROW was a top holding: about 2.4 million shares, roughly 6.4% of the company and about 9% of the fund. The same post flagged Liquidia and UroGen. UroGen is down about 15% this morning. That pairing fits a forced seller, not an HROW-specific headline.
The only thing circulating is a trader note that Opaleye Management is shutting down. Opaleye is a Boston healthcare fund and, on its last 13F, HROW was a top holding: about 2.4 million shares, roughly 6.4% of the company and about 9% of the fund. The same post flagged Liquidia and UroGen. UroGen is down about 15% this morning. That pairing fits a forced seller, not an HROW-specific headline.
$XBI Today the session closed down over 3% on volume of over 15 million. Over the last 5 years:
- this has happened 29 times in 5 years
- median drop 4.7%
Happens in clusters - makes sense with increased volatility. Could be a low or more days like this to come.
$BBIO I own a decent amount but not a full position. Still working on that but its hard to ignore this companies future prospects. These prices might turn out to be gifts. I am keeping things tight and cautious. Not bad though in a down 4% bio tape.