Citizens First Bancorp Inc, Cleveland Biolabs, Steven Madden

Cleveland BioLabs - last two days share has ranged - not always a characteristic.  Crossed back the stochastic. 28.10 price rose all day.  Buy up to £3.20.  Price dropped back to £3.00 as of 12.41 US time.  A spread of 44 cents!  Would need to pay 3.44 to guarantee sale and that is above price range. Watch for learning.  Also after $3.00 next bid is $2.84 - is this an aspect of this particular share, of NASDAQ or Total View?  Liquidity is low - no transactions in over an hour.  Spread is now increasing.  How (un)manageable are wide spreads?  Buy and sell is about equal currently.  A buy order at  $2.84 could drop the price - buy opportunity at that level?  News item implying share price irregular and may be removed to a lower market listing!  Would have taken 3% but price movement and volume offputting.  The price increase yesterday was 56% (!) so less likely to have legs for the following day.  Better to ignore share in that range.  What range then?  Trial and error.   Will choose those with 10% yields and adjust by experience.

Steven Madden - meets criteria and price has been resolutely upward!  Even buying later in the day would have met my PR. However I am making no purchases today as missed most of trading day due to feed access issues. Would I have bought at the level though - had I opted for a lower price entry I would not have made the trade because it has trended above it.  With this trade though I could also say because it's price increase as been upward with no significant undulation I would have bought up to $19.50 and thus entered at $19.25 requiring £19.75 to meet PR.  Price is now at $20.50 :)  However I am not going to add this to my watch account because the day's price could have influenced my buying decision level.  Buy price at $20.15 - with a mental trailing stop I could have got out about $21.50 and made nearly 7% or £490 :)