The broad market trend is at a crossroad and its next direction is uncertain, it is unclear whether to buy or sell stocks. In these market conditions, I
The broad market trend is at a crossroad and its next direction is uncertain, it is unclear whether to buy or sell stocks.
In these market conditions, I am looking for “Non-conventional” buying and/or selling opportunities. And the equities I discuss are not necessarily correlated with the major market indexes performance.
What am I looking for?
Here is one example currently running on my personal account. Recently, I bought 4,000 shares of Genocea Biosciences, Inc., (NASDAQ: GNCA). This company is listed in the Healthcare sector and Biotechnology industry.
Trading BioTech companies carry a high-risk potential, especially those which are in Pre-clinical phases and at the beginning of their pipeline, however, the profit potential is relatively high.
So, why did I pick this stock?
About the Company:
Genocea Biosciences, Inc., develops personalized cancer vaccines, utilizing its proprietary discovery platform AnTigen Lead Acquisition System to identify new targets that are specific to individuals and offers designed immunotherapies and vaccines that act through T cell immune responses.
Again, currently, I am holing 4,000 shares with an average cost of $1.24 per share.
Yaron Mazor is a senior analyst at SuperTraderTV.
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Any investment recommendation presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading.
Yaron has been involved with the capital markets since 1998. During the past 16 years, Yaron has been a day and swing stocks trader in the American market. Yaron has founded and made successful investments into businesses spanning exciting industries – from apparel to restaurants and bars, to high tech, medical technology, and education.