November 23, 2016

Bought shares in Trevena

I bought some shares in biotech Trevena as insiders have made some recent purchases and company has a Prescription Drug User Fee Act date in the first quarter.

Those looking for a contrarian investment play might want to look at Mexico. The iShares MSCI Mexico Capped ETF (EWW) is down some 15% since the election.

Personally, I don't think anything major will change between countries despite the campaign bluster.

Position: Long CARA, TRVN.