All things STOCKS

#6,776
#6,776
Carp said:
I also like @AdnansArk a lot. Very helpful trader. I've learned a lot from him and he posts a lot of charts and breaks them down so it's easier to understand. He was high on WTRH and GEVO recently as well, and both have sky rocketed.
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I like to do my own research and not trust a guy posting out his picks on Twitter for free. I've made more $$$ researching the NCMI idea you had a few months ago (and choosing the right time to get in and out) than I ever have from blindly following some guy on Twitter....
 
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#6,777
#6,777
Thunder Good-Oil said:
Being patient with a day, limit buy order ($211.27) on Workday (WDAY). I wish I had bought back in March, but it wasn’t very clear how far the entire market could fall.
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Bounced off of $212 and is up over $213 now. I’m not going to chase it and just let the limit order expire if there’s not an end of week pull back. It should see $200 again.
 
#6,778
#6,778
BigOrangeMojo said:
I like to do my own research and not trust a guy posting out his picks on Twitter for free. I've made more $$$ researching the NCMI idea you had a few months ago (and choosing the right time to get in and out) than I ever have from blindly following some guy on Twitter....
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Yeah I've made some very bad trades this way in the past (IDEX, GNUS, GAXY). I have found pretty much all of my recent runners (TME, DKNG, PINS, NCMI) on my own. I even bought 80 shares of CBAT when it was .65, just to test my strategies, and sold it once I got 20% gains. Clearly that was a mistake since it hit 11.40 the other day, lol. That $50 investment would be worth 600$ right now had I keep it. Doh!

But anyways, Adnan has been great for explaining charts and helping me learn. His picks have mostly been on the money too, but I haven't entered any of them in a long time, because as you say, I shouldn't trust guys on twitter with my money. If they were that good at it, they probably wouldn't need to be on twitter pumping it up.

I still occasionally enter a stock I know is being pumped by someone I follow on twitter (like I did yesterday with PIC) but I do research on it before getting in and make sure it isn't too risky. Like with PIC, I put it on my watch list 2 months ago when Zach Morris started mentioning it. Bought in yesterday and I was up 10% PM this morning. Now it's dropped to around 5% gains. I'll probably let it run as long as this EV market stays hot and put a SL in just above my buy in.
 
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#6,780
#6,780
Thunder Good-Oil said:
Being patient with a day, limit buy order ($211.27) on Workday (WDAY). I wish I had bought back in March, but it wasn’t very clear how far the entire market could fall.
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Filled. Still falling into the close though. I’m doubling down if it drops another 10 points next week. Selling if it runs up 10.
 
#6,784
#6,784
BigOrangeMojo said:
Here's what I am looking at (potentially) next week

BIDU
WBA (If it gets back in the 35s - Probably a bit oversold)

@Thunder Good-Oil - I should have bought more HOME a few weeks ago
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Retailers other than the big names still scare me. I like HD, KR, WMT, CVS and maybe even BBY if/when they pull back. I’m not real interested if they aren’t big boxes or aren’t selling big merchandise (like lumber, flooring, appliances). Of course the stock prices and the success of the businesses can be way out of sync. The great, well known names are getting bid way up. Because of funds that report on a calendar year the winners should hold up well into 2021 as demand for those shares will remain strong.
 
#6,786
#6,786
Go aeiou said:
DraftKings announced that they are selling more stock in early Oct. The dilution quickly dropped their stock price.
I'm in around $33-35. I'll sell some around 50-55. Still think it is a good stock long term.
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I got in at $20 and still sitting on them. I’m a Vol fan, I’m patient, I’ll hold for years if I have to. Was tempted to cash out about a month ago, but I believe it can go even higher. Just got to get through this winter.
 
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#6,791
#6,791
VolAllen said:
Why would it not? They’re releasing what cured Trump to the public....
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You'd likely see a mass distribution of the vaccine before you see a mass distribution of this drug...

It might move the needle a bit but nothing like 11/9

Vaccine news mostly priced in already
 
#6,792
#6,792
BigOrangeMojo said:
You'd likely see a mass distribution of the vaccine before you see a mass distribution of this drug...

It might move the needle a bit but nothing like 11/9

Vaccine news mostly priced in already
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Ehhhh I dunno man. The vaccine news is currently playing tug o war with the lockdown news. The vaccine EUA news hits and 100,000,000 doses are ready to go out, the market runs big again.
 
#6,793
#6,793
VolAllen said:
Ehhhh I dunno man. The vaccine news is currently playing tug o war with the lockdown news. The vaccine EUA news hits and 100,000,000 doses are ready to go out, the market runs big again.
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Regeneron's treatment is ground breaking, but this was largely expected. This treatment won't be widely available like a vaccine will be.

From the Regeneron press release:

Production of monoclonal antibodies is a complex, time- and labor-intensive process that requires deep expertise. Utilizing production and manufacturing platforms developed over decades, Regeneron rapidly scaled up REGEN-COV2, beginning in the early days of the pandemic with support from the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services. Regeneron now expects to have REGEN-COV2 treatment doses ready for approximately 80,000 patients by the end of November, approximately 200,000 patients by the first week of January, and approximately 300,000 patients in total by the end of January 2021.
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Regeneron's REGEN-COV2 is First Antibody Cocktail for COVID-19 to Receive FDA Emergency Use Authorization | Regeneron Pharmaceuticals Inc.
 
#6,795
#6,795
TheColdVolTruth said:
Regeneron's treatment is ground breaking, but this was largely expected. This treatment won't be widely available like a vaccine will be.

From the Regeneron press release:



Regeneron's REGEN-COV2 is First Antibody Cocktail for COVID-19 to Receive FDA Emergency Use Authorization | Regeneron Pharmaceuticals Inc.
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Kinda old news, expected. Actually somewhat disappointing in that it's not approved for those that are very sick.
OTOH, I've owned a significant amount of Regeneron stock for two years, and have been trying g to add more in the low 500s. Missed by $1/share Friday.
 
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#6,797
#6,797
I think that selling on the news is coming into play.

Astra Zeneca’s vaccine news is huge. They’ll have a billion or more doses in the pipeline. Regular refrigeration is suitable storage.

Various vaccines will begin being administered around December 11th/12th.

It’s just a normal day to the upside in the broad markets.

I’m putting on my tin foil hat to say that the media doesn’t want Operation Warp Speed to be credited with positive developments. The Harris-Biden administration has to be the one that saves he world. That’s okay. We don’t need the economy and the markets to tank right after the Jan 2021 inauguration. That’s an upside to a made up narrative.

BTW, we’re entering tax loss and Santa Rally seasons.
 
#6,798
#6,798
I stumbled across an interesting ETF. CLIX is long online retailers and short bricks and mortar retail. Of course it’s nearly doubled in the few months since it launched, but it’s not tiny. $250 million.

JETS and BETZ are other ETFs with interesting themes. BTW, Delta is in talks with Boeing to purchase 737s.
 
#6,799
#6,799
Sold out of $SPWH for a marginal gain. I might buy back in once it breaks out of this consolidation phase.

Probably looking to sell off most of stuff as lockdowns loom again. I wouldn't expect it til after Black Friday though.
 
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