March 7 2014

Friday March 7 2014, I sold my entire position of KERX as I saw the IBB dropping 20 points in last 2 days. I got stopped out at 16.36 and the price went down all the way to 14.84 for the day. Then I put all the money in FCEL which I bought at 3.16 which went up 3.58 as high of the day. Also PLUG CEO Andy March appeared on CNBC @ 11 talking about his company and his forecast for the year 2014. The stock price shot up 30% from 6.53 to 8.35. As BLDP did not follow PLUG this time and as BLDP CEO will be talking on CNBC this Thursday I am hoping the price action follows PLUG, hence I bought more BLDP @5.25. So in all I have 3 Hydrogen Fuel Cell companies (PLUG, BLDP and FCEL). Also as I mentioned in my previous post I have initiated a big position in IGXT @.90 hoping it to get an FDA approval soon. My other position ROX is doing really good and it gave me a return of 30% in a week. I am expecting a pull back and some consolidation and then rise up to 1.50 with some news coming in by end of this month.