RagingBull Exclusive!

Jeff Bishop and Jason Bond’s #1 Investment Opportunity Now!

Money is drastically shifting into the angel investing market.

Claim your seat in our Boardroom and learn how it can outpace any other investment opportunity!

Why not: Dynavax Technologies (DVAX)

Kyle DennisKyle Dennis ·

The back story: Dynavax Technologies – a clinical-stage biopharma company — has an advisory committee meeting set on July 28, a panel of experts who will recommend whether the Food & Drug Administration should approve the company’s Hepatitis B drug. The official FDA decision date is August 10.

Ahead of this catalyst, the stock has been moving, up from $4 per share to a recent high of $10.50.

Why others are buying it: You have the potential for a double catalyst – the advisory meeting followed by the FDA approval date – and the stock has retraced from its recent high, giving it some room to grow if the news is good.

Why I’m not: I typically sell out before a catalyst event occurs, the lead-up – rather than the actual positive or negative impact of the news – is the impetus for buying the stock.

In the case of DVAX, however, the risk-reward at this point is poor. The positive side of the news has been baked in, with only that dollar of pop left to recent highs; meanwhile, if the news is negative, DVAX could be cut in half.

At this point, there’s too much risk for the limited reward that’s left in the days leading up to the news event.


   Kyle Dennis runs Kyle Dennis’ Biotech Breakouts (biotechbreakouts.com). He is an event-based trader, who prefers low-priced and small-cap biotech stocks.  He currently has no shares, options or open orders in DVAX; he last owned the stock on June 21, when he played it profitably as a day trade.

Trending Now

Bull or Bear Market….It Doesn’t Matter

Kyle Dennis’ new, 5 min strategy is poised to double account sizes weekly! “I got out of GE trade at 379% $0.16-$0.77, thanks Kyle!” Said client Lance P. Check out the free training that started it all. (View Free Training)

SuperNova Service Leading Clients to 5-Figure Profits Consistently

“BOOM!!! Booked another $13,985 in profits on my long position $VMNGF. Great report came out premarket. Thanks Jeff at SuperNova for teaching me to make $$$ in the market.” Said Todd V. Jeff Williams is helping transform small accounts daily. Don’t miss his free walkthrough. (Watch Now)

Jeff Bishop, RagingBull.com Co-Founder, “Trading My Strategy Takes A Few Minutes a Day!” 

“Jeff, I have to say I was a little gun shy, but I bought the lifetime service (to Bullseye Trades) Friday night. First trade with your service…in LULU, 205 Calls at $4.70. (I) was going to be away from all internet connections for the next 3 days. It hit my sell price at $6.25 ;)” said James W.    (Read More)

Be a Better Stock Trader, Starting Today

Get the expert insights, tips and strategies you need to optimize your trading skills and profiles