OT: Stock and Investment Thread

Captain Hogleg

All-Conference
Jan 26, 2006
3,136
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Price targets raised to the $430 to $450 range. It was an outstanding report. AVGO will be back over $400 in a week or so.
Agreed - this selloff is absurd unless you believe there are 'big money' reasons to "tank it" for a quick money grab on the short play or a reset going into next year. The earnings report was outstanding and this thing will be up near $500 next year. .
 
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T2Kplus20

Heisman
May 1, 2007
31,975
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Cannabis stocks jumping. I wish I had bought back TLRY after I sold it last month
Another rug pull on legalization or rescheduling or is this one finally real? If real, TLRY et al have a lot of room to run.

UPDATE: Bought a block of TLRY shares just before the bell. Saw the CNBC article that Trump is likely to sign executive orders for reclassification. Maybe legalization in 2026? I'm using my Fidelity rollover IRA, so I can trade as needed (without tax implications). We shall see! :)
@rurahrah000
 
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RUAldo

All-Conference
Sep 11, 2008
5,042
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I was out of the loop most of today traveling what happened with MIST? Looks like my stop loss triggered.
 

T2Kplus20

Heisman
May 1, 2007
31,975
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I was out of the loop most of today traveling what happened with MIST? Looks like my stop loss triggered.
Actually, nothing real. A fake report of an FDA denial was posted on a Yahoo Finance page. It triggered automated selling, but then everyone figured out the info was BS. The stock gained most of the dump back.

FDA news should post sometime on Monday.
 
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NLHawkeye88

All-Conference
Nov 3, 2014
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Actually, nothing real. A fake report of an FDA denial was posted on a Yahoo Finance page. It triggered automated selling, but then everyone figured out the info was BS. The stock gained most of the dump back.

FDA news should post sometime on Monday.
Approved!!!

 
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T2Kplus20

Heisman
May 1, 2007
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Approved!!!

AMEN! This is going to be interesting on Monday and over the next few weeks. Cardamyst was approved for PSVT which is a relatively smaller patient population. However, the next indication they are working on is A-FIB, which is huge. Getting PSVT approved will now give the street much more confidence that A-FIB is within reach and likely cause a re-rating of the stock.

I am holding MIST Dec 19 $2.5 calls.....which I will probably cash in on Monday. However, not sure what to do with my shares. Hold, trim, or sell. Hmm.....

The 2 indications (one approved, one in development):

Populations
 
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RUAldo

All-Conference
Sep 11, 2008
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Actually, nothing real. A fake report of an FDA denial was posted on a Yahoo Finance page. It triggered automated selling, but then everyone figured out the info was BS. The stock gained most of the dump back.

FDA news should post sometime on Monday.
Whoever posted it should go to prison it triggered my stop loss. Hello SEC?!?
 
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NLHawkeye88

All-Conference
Nov 3, 2014
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My biotech home run swings are:
1. MIST - approval decision will be announced on Friday or Monday. This is an all or nothing play.
2. PRME - very early clinical-stage biotech, but I love its science and believe they will be successful. Watch and slowly buy during dips.
3. Love Insmed.....very good company. They only have one main product, but good pipeline.
4. Ascendis - growing sales with already 3 products approved in the US.
5. Madrigal - NASH/MASH is a great space to be in (adjacent to obesity/GLP-1s).

Many other good ones to chat about, but this is my list for now.
Any thoughts on $SLS?
 

T2Kplus20

Heisman
May 1, 2007
31,975
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Any thoughts on $SLS?
Not too much right now on SLS, need to research more. Based on what I know, the AML space is very crowded, but if you can show legit improvement, the market is huge and lucrative (so high risk, high reward). Also, it seems like they will need to raise again in early/mid-2026, so perhaps wait for the dilution dip to buy (or add)?

Phase 2 update coming around this time, so maybe good news and the raise would be announced at the same time? Something to look into.

One last thing, SJS' market cap of $300m is perfect for clinical stage biotech. Not too low that the company is in distress, but not too high that the initial value is already sucked up. Very interesting opportunity!
 
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RU05

All-American
Jun 25, 2015
14,899
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Junior copper miners? Young man, you have a problem. :)
Then again, I'm waiting for the FDA decision today or Monday on MIST, so we all have our burden to bear.

My new GLD futures already blowing up!

AVGO = price targets are increasing, major intraday turnaround?
It's all about that Beta.
 

RU05

All-American
Jun 25, 2015
14,899
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Maybe the reason?
Needham Maintains Buy on Rivian Automotive, Raises Price Target to $23
Autonomous.


"Electric-vehicle maker Rivian Automotive Inc. unveiled plans to bring more autonomous driving features to its electric vehicles, potentially upending conventional rules of car use and ownership.

At an event in Palo Alto, California, on Thursday, CEO RJ Scaringe laid out the company’s road map, which involves delivering enhanced driver assistance tools to existing vehicles in the coming weeks, followed by a more pronounced technical push throughout 2026 to make future EV models capable of driving without human intervention."
 
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rurahrah000

All-Conference
Aug 21, 2010
3,316
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I was able to get in on TLRY at $12.2.....should have bought calls instead. :)
Is TLRY your preferred cannabis play? Seems like the bellwether of the group.
None of these companies are particularly appealing. TLRY, GTBIF, TCNNF are seemingly the best, but the latter two companies trade OTC. I am not sure How excited you are about trading OTC.
 

T2Kplus20

Heisman
May 1, 2007
31,975
19,934
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None of these companies are particularly appealing. TLRY, GTBIF, TCNNF are seemingly the best, but the latter two companies trade OTC. I am not sure How excited you are about trading OTC.
Not that excited since they don’t trade after hours or have options (at least via Fidelity). Maybe TLRY will head back to $200 after Trump legalizes! :)
 

T2Kplus20

Heisman
May 1, 2007
31,975
19,934
113
AMEN! This is going to be interesting on Monday and over the next few weeks. Cardamyst was approved for PSVT which is a relatively smaller patient population. However, the next indication they are working on is A-FIB, which is huge. Getting PSVT approved will now give the street much more confidence that A-FIB is within reach and likely cause a re-rating of the stock.

I am holding MIST Dec 19 $2.5 calls.....which I will probably cash in on Monday. However, not sure what to do with my shares. Hold, trim, or sell. Hmm.....

The 2 indications (one approved, one in development):

Populations
Got out of my calls at the opening with a modest gain (only 25-30%). Tons of selling today, so the stock is only up a bit. Long hold with the shares. I see a few nice price target increases, so the trend should be positive.
 
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RUAldo

All-Conference
Sep 11, 2008
5,042
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Zillow getting crushed thanks to Google. I’d consider nibbling because I think Zillow is an industry leader …unless AI kills it once someone can give the prompt “show me all houses for sale in Stone Harbor that meet the following criteria…” At that point you may not need Zillow as the front door to listings.
 
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Nov 15, 2002
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Not so sure about the end of the year rally anymore…wish I sold a few weeks back. Hoping for a run up before year end….
 

T2Kplus20

Heisman
May 1, 2007
31,975
19,934
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Warning!!

I'm going to buy some SLB today. So if you are in it, you might want to sell some calls.
You had to buy SLB didn't you. It was $40+ last Thursday and now.....
:)

But I did buy this oil dip (XLE $45 calls Jan 2027).
 
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RU05

All-American
Jun 25, 2015
14,899
9,280
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You had to buy SLB didn't you. It was $40+ last Thursday and now.....
:)

But I did buy this oil dip (XLE $45 calls Jan 2027).
I wasn't paying attention the last couple days, I'm down 6% like that.

I bought some DVN as well, also down on that, but it is bouncing a little nicer today.

The downside moves didn't break the upward trend, yet at least. Charts still look productive.

I have room to add to SLB so I probably will.
 
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