Talking Stocks 2.0

[enjoythemusic]

Originally Posted by 7sins

More like cup noodles

Am eating bacon now.

[RidingDonkeys]

Originally Posted by denmanproject

AUPH today... wow!



I was looking at starting a position this week around $8 glad I held off

And yet they beat projections...

[denmanproject]

Originally Posted by RidingDonkeys

And yet they beat projections...

Crazy market

[m j b]

I thought the stronger-than-expected/hoped-for jobs report would cause the market to drop, because that means that the economy is still hot, which means further rate increases, and so of course, the market is opening higher. A lot higher.

It's crazy.

[Goatrope]

Originally Posted by m j b

I thought the stronger-than-expected/hoped-for jobs report would cause the market to drop, because that means that the economy is still hot, which means further rate increases, and so of course, the market is opening higher. A lot higher.

It's crazy.

I’d thought I’d learned enough to recognize inherent codependencies. Lately the market is behaving in ways that make me scratch my head.

I used to buy stocks based on company metrics, performance, and outlook. Not any more. The market seems to feed on the behavior of .. the market, and market sentiment around headlines, more so than the value of the businesses the stocks represent.

I guess I’m just the old man yelling at clouds.



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[denmanproject]

Picked some AUPH up under $5

[glenn_herwig]

I’m shorting Deutsche Bank. Bank run in Europe. Sorry folks. When will we ever learn?


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[7sins]

Originally Posted by RidingDonkeys

And yet they beat projections...

Originally Posted by denmanproject

Crazy market

FYI they beat because of the one time $30M milestone payment from Otsuka, the selloff was due to lower 2023 projections. What I think most people missed from the call, besides sheer frustration from the incompetency of management and sales team, is Peter/CEO said the court document being released this afternoon will be on the defense arguments for the patent lawsuit. I suspect this will lead to a settlement with SUN, as they settle all of their frivolous lawsuits. MV $700m with $400m in cash with a FDA approved LN best in class drug worth only $350M appears ridiculous to me. A lot of uncertainty here, I am dollar cost averaging, apparently, to $0. Looking forward to digging through this IPR afterhours today.

[macrowatch]

Originally Posted by 7sins

More like cup noodles

As long as it's the Michlin starred one from 7-Eleven, I'm still okay with shrinkflation! Have you had it before? NAKIRYU or something.

Originally Posted by 7sins

FYI they beat because of the one time $30M milestone payment from Otsuka, the selloff was due to lower 2023 projections. What I think most people missed from the call, besides sheer frustration from the incompetency of management and sales team, is Peter/CEO said the court document being released this afternoon will be on the defense arguments for the patent lawsuit. I suspect this will lead to a settlement with SUN, as they settle all of their frivolous lawsuits. MV $700m with $400m in cash with a FDA approved LN best in class drug worth only $350M appears ridiculous to me. A lot of uncertainty here, I am dollar cost averaging, apparently, to $0. Looking forward to digging through this IPR afterhours today.

The incompetency of some of these CFO's these days is quite stunning. Maybe too much WFM?!? In this market cap range sometimes it feels like some very basic questions are met with deer in the headlights looks that stump Sharktank/Dragon Den micro entrepreneurs.

Sometimes need some good 'ol activist investing to make capitalism work IMHO. With a side of Daytona and noodle cups.

[enjoythemusic]

Originally Posted by glenn_herwig

I’m shorting Deutsche Bank. Bank run in Europe.

i heard there's something coming to the stonk market that is the ANTI-Cramer trade.

[Star Ferry]

Taking financial advice from Jim Cramer is dumb. He does have multiple degrees from Harvard, and he’s not an idiot, but he’s not a legitimate investor in my view. No track record of success and has primarily spent his career doing TV entertainment

[scarlet knight]

Originally Posted by Star Ferry

Taking financial advice from Jim Cramer is dumb. He does have multiple degrees from Harvard, and he’s not an idiot, but he’s not a legitimate investor in my view. No track record of success and has primarily spent his career doing TV entertainment

I believe there is an ETF that does.

[Letsgodiving]

Originally Posted by scarlet knight

I believe there is an ETF that does.

It's in the works, SJIM, by Tuttle Capital, the same folks that earlier introduced SARK, the inverse Cathy Woods (ARKK) ETF.

[SDGT3]

Originally Posted by Star Ferry

Taking financial advice from Jim Cramer is dumb. He does have multiple degrees from Harvard, and he’s not an idiot, but he’s not a legitimate investor in my view. No track record of success and has primarily spent his career doing TV entertainment

Cramer is there to keep eyeballs on the screen everything else is just noise.

Originally Posted by Letsgodiving

It's in the works, SJIM, by Tuttle Capital, the same folks that earlier introduced SARK, the inverse Cathy Woods (ARKK) ETF.

Ha, I was wondering when someone would do the opposite of Cathy Woods/ARKK. Perhaps the most overrated financial media darling of the past few years.

[huncho]

380 -> 8 in 15 months lol. looking back at 2021 is wild

[enjoythemusic]

Speaking of Jimbo...

Wonder how many here saw Thursday ~9am on CNBC that Jim Cramer suggests if the USA is going to ding oil companies due to profits, it should include Saudi Aramco as their oil product would also need to be dinged to be fair to all. Cramer said to let Saudi Aramco pay for the USA's recovery just as other oil companies may be forced to by the US GOV.

Trade accordingly.

[scarlet knight]

I don’t think a windfall oil tax is getting through this Congress or the next one. Where was the help for oil companies when the price collapsed at the beginning of covid? Let the market sort it out.

[330ci]

Originally Posted by scarlet knight

I don’t think a windfall oil tax is getting through this Congress or the next one. Where was the help for oil companies when the price collapsed at the beginning of covid? Let the market sort it out.

It was a simple solution, they just pumped less to increase scarcity... thus driving demand. There never was, and still isn't a shortage of oil. Purely politics meddling in the distribution of it forcing us all to pay more.

Normally don't support government intervention into business, but the oil industry is a political business just as much as it is a commodity. If people need to be held in check through legislation so be it.

[enjoythemusic]

Looks like OPEC is being sued by an economist within Europe... Germany to be precise for $50. Don't let the low ask fool you, if indeed OPEC is seen within a court of law as a price-fixing cartel (which we know they are) that opens up some interesting legal entanglements.

Reminds me a bit of DeBeers.

[dtwer]

Originally Posted by enjoythemusic

Looks like OPEC is being sued by an economist within Europe... Germany to be precise for $50. Don't let the low ask fool you, if indeed OPEC is seen within a court of law as a price-fixing cartel (which we know they are) that opens up some interesting legal entanglements.

Reminds me a bit of DeBeers.

The lawsuit will do nothing. The rules designed for citizens don't apply to sovereignty.

[superdog]

GRWG popped nicely today.

30%. Of course now I’m doing what’s normally done, wishing I bought more….

[enjoythemusic]

Originally Posted by dtwer

The lawsuit will do nothing. The rules designed for citizens don't apply to sovereignty.

In the past, yes, yet things have changed in Europe (or so i've heard, yet the Berlin judge is going on with the case). There's a NOPEC bill too https://www.congress.gov/bill/117th-...enate-bill/977

We live in interesting times.

When Jim Cramer said the quiet part out loud on CNBC, it does raise a few interesting questions. Maybe something to be aware of for global financial traders.

[RidingDonkeys]

I've been watching Canoo (GOEV) lately. I think this is a value in the EV space with a lot of upside. Production is starting with the 1st vehicles being delivered this quarter. They have lots of binding commercial contracts in place for their delivery/cargo sector, including Wal-Mart and Kingbee, over $750M total. The Army is testing the platform, and they are working with NASA too. The last earnings call was solid, production is starting, and they've got over $200M in cash to play with.

In a world of overhyped EV stocks, this one seems down right reasonable.

Or maybe I'm just looking too hard for bright spots in the market.

[Romeojk]

Originally Posted by RBradleigh

More like a big FU ;)



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Haha Yes!


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[Romeojk]

Originally Posted by 7sins

Still two feet in, dollar cost averaging all the way down to lower my cost basis, own now 100k+ shares and various options so it is a meaningful position for me. Patent issues should be settled soon and I think the resignation of these two execs are a good sign. Next ER is soon and will factor in their $30M EU approval payment from Otsuka. Been a wild ride, the joys of biotech investing.

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[jaisonline]

Been away lately. Suffered through Phillies and Union title losses. Then the Eagles 1st loss w/ their weak SOS.

Hope everyone is doing well.

Bear market has been trying to peak it’s head. Might finally be able to do it today.

US credit-card debt increased by the most in 20 years, with balances rising by 15% from a year earlier, per Bloomberg.

Retail Sales down per Target earnings.

Gemini (Genesis / FYX / Crypto) :
-Lost $2.4 BILLION in 3AC collapse/ LUNA.
-$175m Locked up in FTX, who’s bankrupt.
-Lender to Genesis; who’s now freezing withdrawals. “Genesis' $2.8 billion crypto lending unit halts withdrawals”.
-Just had to take $140m in equity from parent.

NATO officials now believe that the 2 missiles fired were Ukrainian (Air Defense).

Per Bloomberg, “U.S MBA 30-YEAR MORTGAGE RATE ACTUAL: 6.90% VS 7.14% PREVIOUS”

U.K. YOY CPI OCT CPI: 11.1%, up from 10.1% (est 10.7%)
U.K. MoM CPI OCT CPI: 2.0%, up from 0.5% (est 1.7%)

[CoveWatch]

https://www.cnbc.com/2022/11/18/cram...ur-weeks-.html

Looks like we may be bottoming soon

[huncho]

Originally Posted by CoveWatch

https://www.cnbc.com/2022/11/18/cram...ur-weeks-.html

Looks like we may be bottoming soon

not what we wanna hear from him for sure

[huncho]

this guy's track record is unmatched

[shaunylw]

Originally Posted by huncho

this guy's track record is unmatched

Lol he’s the absolute worst. But, what it appeared she was creating was extremely impressive. Until it wasn’t and they lost all of their money.


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