I miss the blog ... it was easier than coming in here to post about a trade quickly.

Let's see if this dead cat bounces...

I agree, I hope the blog returns

 This was a Great "Dead Cat" it bounced a ton by 11am (I was up almost 5k),

but I had to go do some work so I let it ride ... Now I'm back to even and holding.

I normally don't like to play biotechnology Dead Cats on real bad news,

like if their only product has been turned down by the FDA,

but this was just a delay on approval.  More news coming next week

could make this really bounce big or become a rug, but it'll probably

move back up some even before the news. 

dead cat?!  Why not a dead dog?

I agree with you.

 Heh ... it's old traders terminology

http://en.wikipedia.org/wiki/Dead_cat_bounce

 The criteria for these vary depending on whose version you are using.

You can search back to March and see my post explaining

"Dead Cat bounce" and "Cut the Kite string" plays. 

Ditto for me too!

maybe because cats are said to have nine lives?

Good point, I love that pic that you have.

I don't know if it's DEAD.....just yet. It will have another run and maybe a few good jumps left in it, but it's all in the timing....how long can one wait out the jump....it's a leap of faith.

Cheers 

I made a bunch on it day trading the day it dropped and a couple of days after.

They got some extra financing announced today  and are working through FDA red tape...

I don't know if news will come in to make this jump before this contest ends.

bares watching.!