Stock Online TraderBulls & Bears Make Money, Pigs Get Slaughtered…Let Us Not Be That Pig…

Helicos BioSciences Corporation (HLCS) 57% HIGHER; continuing higher today following Friday’s 37% run-up. Volume is 10x normal already. Shares of HLCS are now trading at $3 level after trading at $1 before August 20th, when the company announced the placement of a Helicos Genetic Analysis System at the Ontario Institute for Cancer Research.

AuthenTec (AUTH) 31% HIGHER; announced it will expand its software, customer support, marketing and sales team in China.

Sinovac Biotech Ltd. (SVA) 56% HIGHER; said its H1N1 vaccine has passed the experts evaluation organized by State Food and Drug Administration. The vaccine is expected to obtain the production license within this week.

Delcath Systems, Inc. (DCTH) 16% HIGHER; announced that the FDA granted Delcath’s request for orphan drug designation for doxorubicin for the treatment of hepatocellular carcinoma, also known as primary liver cancer. Clinicians in the U.S. diagnose nearly 20,000 cases of HCC annually.

KKR Financial (KFN) 20% HIGHER; upgraded to Market Outperform at JMP. Click here for some more color.

BioNeutral (BONU) 82% HIGHER and the Chertoff Group Announce a Collaborative Agreement to Continue Development of BioNeutral’s Antimicrobial and Sterilant Technologies

Traders are making bullish bets on Sequenom (SQNM) 23% HIGHER, expecting positive news about a Down Syndrome test that caused the shares to tank in late April.

#1 Dreams, Inc. (DRJ) is engaged in the manufacturing, distributing, retailing and selling of sports licensed products, memorabilia and acrylic display cases via multiple channels.

DRJ is the latest pump running up from 0.40$ to 1.74$ in few trading days.  I shorted today on some early weakness.

Shorted DRJ @1.70 and covered DRJ @1.60 (got out way too early). Dropped to $1.40 today

#2 Republic Airways Holdings Inc. operates three airlines: Chautauqua Airlines, Inc., (Chautauqua Airlines), Republic Airline Inc. (Republic Airline) and Shuttle America Corporation (Shuttle America)

RJET has been running up from 5.00$ support to $9.50. Today morning it showed weakness along with overall market. I shorted RJET @9.15 hoping for breakdown below 9.00$. However 9.00$ held as great support and never plunged below it. I covered at @9.13

#3 BioCryst Pharmaceuticals, Inc. (BCRX) is a biotechnology company that designs, optimizes and develops drugs that block enzymes involved in cancer, viral infections and autoimmune diseases.

Shorted BCRX @12.91 which is now the upper channel of its trading range. This was purely scalp trade and i covered @12.81

Vonage Holdings Corp. (VG) is a provider of broadband telephone services to residential and small office and home office customers with over 2.6 million subscriber lines