9/30/2009

The swine flu stocks have been big movers

SVA: Sinovac Biotech Inc

Sinova Biotech is a Chinese swing flu vaccine maker. It is up pre market on news of a fresh order from the Chinese govt. The swine flu stocks have been some of the big movers. Most of these moves are precipitated by news. This stock can make big moves on such news.
Last time it made a big move was in August. This is how we played it that time:
Symbol:
Entry price:
Entry date:
Initial stop:
Current stop:
exit1
exit1 Date
exit2
exit2 Date
exit3
exit3 Date
exit4
exit4 Date
The average profit on the trade was 81.50%.

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