Author Topic: Stocks  (Read 1233637 times)

Online gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 4346
  • Total likes: 845
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #7820 on: April 07, 2024, 03:33:27 PM »
If there's no pop on Monday, Iím holding onto LEGN because I expect it to rise over time. 
specific time horizon?

Offline ckmk47

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Aug 2012
  • Posts: 8044
  • Total likes: 1068
  • DansDeals.com Hat Tips 3
  • Gender: Female
    • View Profile
  • Location: brooklyn
Re: Stocks
« Reply #7821 on: April 07, 2024, 06:41:09 PM »
no idea
My favorite cause: cssy.org

Offline aygart

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: May 2008
  • Posts: 18827
  • Total likes: 14919
  • DansDeals.com Hat Tips 14
    • View Profile
    • Lower Watt Energy Brokers
  • Programs: www.lowerwatt.com
Re: Stocks
« Reply #7822 on: April 07, 2024, 06:46:33 PM »
The drug is new; not a new use for an old drug. For myeloma. The study results were exciting to oncologists. 
I think the FDA announcement was before the market close on Friday. But the stock is still down.
If there's no pop on Monday, Iím holding onto LEGN because I expect it to rise over time. 
A)This drug will likely have a market - note the oncologists reaction.
B)LEGN partnered with Bristol Meyers Squib to develop this drug.  Maybe BMS will buy them out completely over the next while.
Was there another one besides Carvykti that was approved? Carvykti is together with J&J and has had some approvals since 2022.
Feelings don't care about your facts

Offline madhocker

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2020
  • Posts: 388
  • Total likes: 118
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Stocks
« Reply #7823 on: April 09, 2024, 09:00:34 AM »
This only applies to small companies who have few, if any, products besides the new drug.
My observation has been that there's a surge of excitement and stock buying when the committee recommends that a drug be approved.  Then there's a cooling and the price drops a bit.  Then, when it's actually approved it goes back up again.
Then it often drops as the reality sets in: production costs, breadth of patients, cost/ insurance approval, etc.
I understand your question and can't really answer, but the price usually/ often rises after approval.
The questions: how much? for how long?
Often the highest price is right after the market opens, and then is softens over the day.  But NOT always.
Doesn't seem like much excitement generated from this decision... If you are in calls beware of decay

Offline Mf1

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Sep 2019
  • Posts: 1273
  • Total likes: 160
  • DansDeals.com Hat Tips 24
    • View Profile
  • Location: Ny
Re: Stocks
« Reply #7824 on: April 09, 2024, 08:12:53 PM »

Offline madhocker

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2020
  • Posts: 388
  • Total likes: 118
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Stocks
« Reply #7825 on: April 16, 2024, 11:41:08 AM »
Looking like LEGN was a bust for the short term ... @ckmk47 you still holding?

Offline ckmk47

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Aug 2012
  • Posts: 8044
  • Total likes: 1068
  • DansDeals.com Hat Tips 3
  • Gender: Female
    • View Profile
  • Location: brooklyn
Re: Stocks
« Reply #7826 on: April 16, 2024, 02:10:57 PM »
Yes!
The market is down so itís lost more than I would have guessed.
But the drug has been approved and has oncologists hopeful;
when it actually hits the market it will have sales.   Which will potentially make the company a profit.
So the company be bought out, which will give us a profit in a shorter time frame. 
My favorite cause: cssy.org

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 17077
  • Total likes: 7661
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #7827 on: May 09, 2024, 08:50:44 PM »
bought in at $90/share after hours yesterday. Planning to sell most if/when it reaches $101/share today. Iím hoping that your prediction is right and short term it dips below 90 - if it does I'd likely go in for a plunge like CV. (Iím in it to learn more than anything right now)
I was waiting for a long-term entry point. Yesterday's panic over the earnings report was the right time. Thanks for the heads up as I wasn't even watching. Busy with all the I-bond purchasing.  :)
Bought more at 99-100.
Still buying.
Only on DDF does 24/6 mean 24/5/half/half
Dow Jones Industrial Average Tops 40000 for the First Time

Online Just A Jew

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Oct 2023
  • Posts: 601
  • Total likes: 775
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #7828 on: May 13, 2024, 09:30:51 PM »
Freedom of the press is alive at the US Mint.
- Gallagher

Offline DaasTora

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2022
  • Posts: 334
  • Total likes: 125
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn
Re: Stocks
« Reply #7829 on: May 18, 2024, 11:19:09 PM »
@CountValentine Can we please have an explanation of your updated signature? Never knew you were so into the market.

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 17077
  • Total likes: 7661
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #7830 on: Yesterday at 08:44:50 AM »
@CountValentine Can we please have an explanation of your updated signature? Never knew you were so into the market.
Nothing special. To break 50k you first have to hit 40k.
Only on DDF does 24/6 mean 24/5/half/half
Dow Jones Industrial Average Tops 40000 for the First Time

Offline DaasTora

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2022
  • Posts: 334
  • Total likes: 125
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn
Re: Stocks
« Reply #7831 on: Yesterday at 12:06:22 PM »
Nothing special. To break 50k you first have to hit 40k.
But is that really the most important thing now that it literally made it into your signature?

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 17077
  • Total likes: 7661
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #7832 on: Yesterday at 12:10:36 PM »
But is that really the most important thing now that it literally made it into your signature?
This is the wrong thread but hopefully this will put this to rest.
The signature can be used for many things. As you see in the first sentence, I use it have some fun. Nothing more nothing less.
Only on DDF does 24/6 mean 24/5/half/half
Dow Jones Industrial Average Tops 40000 for the First Time