At first I didn’t have any interest for $STXS and it hasn’t been on any of my watch lists before. But during the day I regularly check the most percentage gainers of the day to see what moves. And look into the stocks to see if there is a possible play.
I saw $STXS up about 30-35% at that moment and started looking into it to find what the catalyst for this gain was.
Sadly I haven’t found any particular news or catalyst for that day. As mentioned in the latest news article about $STXS can be found here.
The only news that came out earlier was that it received FDA clearance.
On this news the stock got up to $7 on Tuesday, all the way from below $2. But on Wednesday and Thursday the price started going down. And suddenly on Friday it started gaining again. Don’t really know why, so it was a though play, because you don’t know what to expect.
In total I made 73ct/share in only about an half hour of work. Great play!
It got much higher after I sold the second time as it looked like a hedge fund started buying into $STXS. Could have made so much more as the high of the day was at $8.99, would have been nice from my first buy at $5.75. But missed chance, I played it safe for myself and didn’t want to chase the stock to much by buying in for a third time.