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[spacepenguin]

Would it be reasonable to set a limit order at a high price in anticipation of the approval? Say I set it at $5 and hoped HEB would hit ~$10, thus making a quick double on my money.

Or would this jump so fast that it might not even execute?

[inspirational]

Originally Posted by spacepenguin Would it be reasonable to set a limit order at a high price in anticipation of the approval? Say I set it at $5 and hoped HEB would hit ~$10, thus making a quick double on my money. Or would this jump so fast that it might not even execute?

I'm not doing that, too risky IMHO.

[tman17m]

Originally Posted by spacepenguin Would it be reasonable to set a limit order at a high price in anticipation of the approval? Say I set it at $5 and hoped HEB would hit ~$10, thus making a quick double on my money. Or would this jump so fast that it might not even execute?

if you set a limit order for 5 and it suddenly jumped to 10...it would still execute, but at 10, or whatever PPS the order could be filled at. the inverse is true for stop loss orders, thats why friday could have been bad for someone with a stop loss, say at 3.15, it might not have been filled till 2.50 or so.

[kmlee]

Originally Posted by spacepenguin Would it be reasonable to set a limit order at a high price in anticipation of the approval? Say I set it at $5 and hoped HEB would hit ~$10, thus making a quick double on my money. Or would this jump so fast that it might not even execute?

It will execute at any price higher than $5, so setting it there is too low. Your shares could be sold at around $5, while the price would continue to climb in your hypothetical approval situation.

[Spinner]

Originally Posted by SK_ Inspirational and I both agree - be extremely careful setting stop loss! My advise: NO stop loss and NO trailing stop loss!!! ...and the GATE IS OPEN - GLTYA!!

I agree too,

(a) there's little chance of your stop loss actually working for you if rejection is announced (the price will drop so quickly your sell won't likely get executed until it hits bottom).

(b) There's a history of price manipulation on this one, expect some big spikes designed to trigger people's stops, it's happened several times over the last month.

You can mitigate (a) to some degree by setting a limit price on your stop if you don't want to sell for peanuts and would rather hold for a while, but as SK says it's probably best just not to bother - if the worst happens just reassess the situation after the dust settles.

Same on the approval scenario - this is a manual trigger finger stock!

Cheers, Spinner

[R MAN AUDIO]

Originally Posted by spacepenguin Would it be reasonable to set a limit order at a high price in anticipation of the approval? Say I set it at $5 and hoped HEB would hit ~$10, thus making a quick double on my money. Or would this jump so fast that it might not even execute?

If it gets approved..look for a steady 15-25% increase for 3-5 days after the first day pop. If it gets approved today (im 90% sure it will) the price will jump to mid $5s im gonna guess and will continue to rise close to $10...then look for dillution by the greedy doctor!

[Sharpie]

If you really don't want to hold too much, I suggest you sell some when it hits above the day high MACD.

The word now is high risk, high gain or high loss. Or you prefer low risk, low gain or low lost. Or somewhere in between.

Now it is really chance of luck...do you feel that you are a lucky person today?

[genxeratl]

If this thing hits 7.98 or higher I'm taking profits.

Like Cramer says - Bulls and Bears make profits but pigs get slaughtered. I'll be happy to take my 200% profit and run.

[Sree]

I am not sure if any one posted this...but I felt it is an interesting article....

This is written by a reader and follower of StocksHaven Investments... he has identified several key points which have been raised recently, decyphering the fact from fiction.

Identifying Fact vs. Fiction on Hermispherx's Ampligen |

hope you all like it :)

[GypsyDRB]

Originally Posted by genxeratl If this thing hits 7.98 or higher I'm taking profits. Like Cramer says - Bulls and Bears make profits but pigs get slaughtered. I'll be happy to take my 200% profit and run.

You have a plan and you are sticking to it. Good for you! I am doing something similar with my HEB shares in my IRA. I have a ladder of limit sells (4,5,6,10 pps) to take my position down to 5k shares. I