StockMagnet plays

[StockMagnet]

SPPI closed up .04, relatively flat.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts from StockCharts.com

[StockMagnet]

SPPI on 6/18/09 goes up .14 to close at 5.87.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts from StockCharts.com

[StockMagnet]

SPPI closed up .16 (2.73%) on 6/19/09.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts from StockCharts.com

[StockMagnet]

SPPI fell down .15 to close at 5.88 on 6/22/09. Many FDA plays that are approaching approval date or past approval date but awaiting approval dropped, as the overall market fell. I am still optimistic about this play.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts from StockCharts.com

[StockMagnet]

SPPI dropped today and dipped down all the way to 4.92 (-.96) but bounced back a little by the end the day on 6/23/09 to close at 5.24 (down .64 or 10.88%). Seems like many pharms were dragged down today. My guess is that it could be due to ACUR's PR about an FDA decision delay and that the FDA's preliminary review letter shows that ACUR's drug most likely won't be approved. I believe this news is what dragged down all speculative FDA approval plays. I am still optimistic about this play, however, we are now at a loss from our initial entry of 5.35.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts from StockCharts.com

[StockMagnet]

SPPI bounced back up today 6/24/09 to close up .61 or 11.64%.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.



SPPI - SharpCharts Workbench : StockCharts.com

[StockMagnet]

SPPI upped slightly .24 or (4.10%) today 6/25/09 to close at 6.09.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.


SPPI - SharpCharts Workbench : StockCharts.com

[StockMagnet]

stocks covered in this post: SPPI and SOEN

1) SPPI

SPPI ran up .69 (11.33%) to close at 6.78 on 6/26/09. It is still going up in speculation of the drug approval next week.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.


SPPI - SharpCharts Workbench : StockCharts.com


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2) SOEN.OB

SOEN, the solar play mentioned earlier this month at .25 and taken off radar after it couldn't break .36 resistance, is now back on radar. It has finally broken .36 resistance on news today 6/26/09 with huge volume pouring in. It ran up 21.87% or .07 to close at its high of .39. Resistance is at .40 and around .60.

SOEN - SharpCharts Workbench : StockCharts.com

[StockMagnet]

EXPH.PK (Expo Holdings) is also in play as it went up .0006 for a 31% gain to close at .0025 (HOD was .0026) on 6/26/09. It has broken the .0016 and .002 resistances and I believe there could be a continued run.

Support is at .002, .0016
Resistances are .0026, .0038, .0044, .0065, .014, .025, .035

Here is a 3 year chart on EXPH
EXPH - SharpCharts Workbench : StockCharts.com


Check previous posts for the other 2 stocks still in play: SOEN and SPPI

[StockMagnet]

stocks covered in this post: SPPI, SOEN, EXPH

1) SPPI continued up today, closing up .33 (4.87%) on 6/29/09.

Awaiting the FDA decision for the first drug by 7/2/09 and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.

SPPI - SharpCharts Workbench : StockCharts.com

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2) SOEN broke .40 resistance today 6/29/09, going up .055 (14%) to close at .44

Next resistance is around .60.
Support at .40 and .36.

SOEN - SharpCharts Workbench : StockCharts.com


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3) EXPH continued up today breaking .0026 resistance to close up .0003 (12%) at it's HOD of .0028.

Resistances are .0038, .0044, .0065, .014, .025, .035
Support is at .0026, .002, .0016


EXPH - SharpCharts Workbench : StockCharts.com