"Everyone has a plan 'till they get punched in the mouth" - Mike Tyson

March 05, 2013

GNMK base on base action

Genmark Diagnositics is a 2011 IPO that has been a huge winner that keeps forming base after base.  We can trade or own this against 10.  Targets include 11.75 and 14.  Note that earnings are March 12th after the close.  



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Check out this PHMD.  On Monday (2/4) there was an unusual volume surge.  The stock has traded in a very tight weekly pattern after a 50% gain off of the November lows. The key here is a very high short ratio of 25.  The current buy point is at 15.55.  This reports earnings in the morning on 3/13.





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