This is the week of volatility.
Out of the six stocks in my port, only $PI and $TRXC went down while the rest bounced or stay neutral. $LRAD took a dip below $2 but bounced right back up the following days and ended the weekly slightly higher.
See how price bounced back up after hitting the 79 & 89 supports. Magical!
$AEMD bounced back nicely this week probably due to more update regarding its hemopurifier.
From Form 8-K:
On November 13, 2017, the Food and Drug Administration (“FDA”) confirmed receipt of Aethlon Medical, Inc.’s (the “Company”) Investigational Device Exemption (IDE) Final Report (IDE G070038/R3) concerning the use of the Aethlon Hemopurifier® Device in the treatment of chronic end-stage renal disease patients with Hepatitis-C (HCV) infection. The primary objective of the study was to determine whether therapy with the Hemopurifier is safe in health-compromised virally-infected individuals based on a relative absence of device-related adverse events. Based on the review of reported adverse events, there were no significant device related adverse events in enrolled subjects who met the study inclusion/exclusion criteria. Additionally, there was no significant difference in the hematology, clinical chemistry, and inflammatory marker results between the control period and treatment period of enrolled subjects. There were also no significant changes related to BMI or other vital signs when comparing pre-and post-treatment values. The clinical trial authorized by the above-referenced IDE was a single site study conducted at DaVita Medical Center in Houston, Texas. The study enrolled and treated eight subjects who met the inclusion/exclusion criteria and was concluded in March 2017.
Basically, for all intent and purpose, the hemopurifier is quite safe!
As we approach year-end, California green rush is about to bust open on January 1st, 2018 as well. So, I’m not surprised to see $SIGO bouncing back up.
$PI made an interim high on Tuesday but then began to drift back down the rest of the week. I decided to sell to protect gain since it went down when broad market bounced on Thursday. If it bounces coming Monday, I may jump right back in.
$IBIO stabilized at $0.28. I’m optimistic and don’t mind sitting and waiting.
$TRXC went through a roller coaster and suffered another bear attack. You can read my thought on this one by clicking–> here.
Due to drawdown from $PI and $TRXC, my port gave back some for the week.
Main port: LRAD IBIO AEMD SIGO TRXC & cash (up 20.6% YTD)
Trading port: MENXF IBIO
My 2 cents
From my camera: