All things STOCKS

#5,303
#5,303
BigOrangeMojo said:
Ha, the $11BB was presented as an order list. I think once you look past the nominal revenue and the loss from operations, it isn't an awful ER. They lost the going concern designation, which is big. Their balance sheet is better. They can probably go another 6-9 months before they have to dilute the stock again.

The shorts have seen that this company bounces between so many things (unsuccessfully to date) and just aren't very good businesspeople (Why do they still have a FinTech Village on their BS and why do they need Broadway lease space). In all liklihood, they fail again and move onto something else; however, if they do hit, it won't be pretty for the shorts.
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Yea, previous orders has them now at 0 debt. That alone is big.
 
#5,304
#5,304
lmoore944 said:
That's the news that already moved the market today. All the Bio stocks are cheap today because of it. They basically all tanked at opening.
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Isn't this funny. A Russian vaccine, that's only been through phase 2, has tanked all the bios.

But the airlines and cruise lines are up. Like, who the F is going to take a vaccine from Russia. It's comical. I read it killed 3 Ukrainians so who knows.


We need a treatment, not a vaccine.
 
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#5,305
#5,305
Orange_Vol1321 said:
Isn't this funny. A Russian vaccine, that's only been through phase 2, has tanked all the bios.

But the airlines and cruise lines are up. Like, who the F is going to take a vaccine from Russia. It's comical. I read it killed 3 Ukrainians so who knows.


We need a treatment, not a vaccine.
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I agree with u 100% on this.
 
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#5,306
#5,306
It's going to be interesting to see if the vaccine stocks bounce back soon. I am particularly interested as I have NVAX options expiring Friday.
 
#5,314
#5,314
So TSLA doing a 5:1 split. Will probably be something like $300. I’d almost bet the hype behind “$300 TSLA” will send it to $500 that day lol. I’ll contribute if that seems to be the play. Thoughts?
 
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#5,315
#5,315
VolAllen said:
So TSLA doing a 5:1 split. Will probably be something like $300. I’d almost bet the hype behind “$300 TSLA” will send it to $500 that day lol. I’ll contribute if that seems to be the play. Thoughts?
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I think it will too. I've been thinking of jumping in on Apple when their 4:1 split goes into effect. That would put it somewhere around $100. It should should up quickly as well.
 
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#5,316
#5,316
The interesting part is the last day of “pre split” is Friday 8/28. It’s kind of like saying, place your bets before the weekend. By Monday 8/31, it will go from $300 to $400 in premarket.
 
#5,317
#5,317
Toujours Pret said:
Why? Trying to understand the logic of this deal, relative novice with about 5k in play.

So not judging or whatnot, but whats the logic involved?
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I got nothing, really. They are growing the top line furiously, and the stock has tripled. It started to take a breather and I caught a little bit of the falling knife. They're not an imaginary company, and they have products that people are buying, but I realize there has been a lot of pumping going on. The good news about the pumping is that it tends to get option premiums up, and that is part of what I want. If it will just stay relatively flat with high option premiums, I'd be happy.
 
#5,319
#5,319
Carp said:
@VolAllen you see where Stan the trading man got put on blast on Twitter?
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Today? What did he do? I was actually reading about him on Reddit last night. People basically calling him a fraud. I’m like duh....he’s been trading for a long as I have lol. He was actually a customer of mine which is how I got to know him....well before his trading days.
 
#5,324
#5,324
VolAllen said:
Oh man, I don’t have a Twitter. I need to know! 😂
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Basically, he's been sexually harassing a bunch of women online.

Yeah I've viewed him as a fraud pretty quick. Followed him for about a week. Full of himself and a huge pumper. Pounds the table on how a certain stock is the next big thing. Goes over a bunch of DD, then as soon as the stock tanks, he never speaks of it again. Be nice to see just how much money her loses now that he won't have a cult following on Twitter to pump and dump on.
 
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