Our favorite biotech stock to get long is $ENDP (Endo International) in this market due to its undervalued price and rumored takeover target potential. The biotech stocks were weak again this session and $ENDP fell -11% on no news. These are times to pick up names that you like fundamentally and especially when you have had success in longing those specific names in the past, which we have done numerous times in $ENDP swing trades. We picked up some near the lows and rode it up $2 bucks with ease.
Net Profit: +$3,900 in just an hour and a half.