The other ingredients you need to trade is plenty of Volume and...

The other ingredients you need to trade is plenty of Volume and Volatility. I'm a percentage player, 10% to 20% and I'm out, time frame is weekly to monthly depending , picked a couple that have seriously climbed in a day or two (but not often and I generally step off to early)
I monitor over 20 Biotechs and Baby Pharmas per day.
I like to come in after CR's generally when Shareholders spit the dummy or spite sell.
Try to keep a war chest for January February as investors have demands on their finances to pay for Christmas and Holidays etc, February Credit cards hit from Christmas etc
I keep an accurate calendar for Trail date completion and invest for the Inflection point or Catalyst ,less time in the company the better.
Then each year pick a long termer which for me is a year , on those i expect to see 50% to 100% gains..
Even with my favorites ,,now I try to free carry when entering a binary decision Phase II etc..
I also believe there will be a consolidation here at IMU,, just because of the size of the registrar, several BIOtechs have carried them out , generally its good house keeping and a sign someone is coming to have a look,, with their Cheque Book.
Disclosure; I have traded IMU several times earlier this year ,,, company has treated me well.
Thank you for all the informative posts, i think this forum is the most balanced on HC..