Author Topic: Stocks (Read 1202480 times)

ckmk47 · « **Reply #7020 on:** June 10, 2022, 10:04:37 AM »

Quote from: ckmk47 on June 09, 2022, 09:21:58 PM

The FDA drug approval process:

The FDA will meet in Friday for their final ruling on these drugs.

EDIT: The FDA will meet in AUGUST for their final ruling on these drugs.

aygart · « **Reply #7021 on:** June 10, 2022, 10:13:20 AM »

Quote from: ckmk47 on June 10, 2022, 10:01:57 AM

That would also make the company more valuable.

The bottom line is whether or not they have a product that makes money. The rest is only how to monetize it.

Mordyk · « **Reply #7022 on:** June 10, 2022, 10:19:47 AM »

why the nosedive today?

Zevwolf · « **Reply #7023 on:** June 10, 2022, 10:26:30 AM »

Quote from: Mordyk on June 10, 2022, 10:19:47 AM

why the nosedive today?

https://finance.yahoo.com/news/may-inflation-data-june-10-2022-212834308.html

ckmk47 · « **Reply #7024 on:** June 10, 2022, 10:34:26 AM »

Quote from: aygart on June 10, 2022, 10:13:20 AM

The bottom line is whether or not they have a product that makes money. The rest is only how to monetize it.

These drugs have a small market. Thursday's market is miniscule.
The fast track certificates may be where the big money is.

Baglach · « **Reply #7025 on:** June 10, 2022, 05:14:11 PM »

Trading now in aftermarket at 60%

madhocker · « **Reply #7026 on:** June 10, 2022, 06:13:30 PM »

Sold half my position now @6.98..... will hold other half (and the options) for next week...

YitzyS · « **Reply #7027 on:** June 10, 2022, 06:20:38 PM »

Sold all mine. I had a bunch of losses over the last few months, and this recouped all my losses plus some more. I know it could go up more, but I'll pass on that for now...

Profit of about $130, off about $110 investment. My whole portfolio went from about $220 to $320 today.

So thanks @ckmk47!

~King Lake~ · « **Reply #7028 on:** June 10, 2022, 06:55:46 PM »

TSLA Filed for 3 to 1 stock split

YitzyS · « **Reply #7029 on:** June 13, 2022, 08:16:09 AM »

Reminder to those hold BLUE who wanted to sell at market's open...

whacked1 · « **Reply #7030 on:** June 13, 2022, 08:41:54 AM »

Anyone else ready for a crazy day of market trading?

How much cash to you generally keep in your trading acct ?

Barryg · « **Reply #7031 on:** June 13, 2022, 08:52:26 AM »

Quote from: whacked1 on June 13, 2022, 08:41:54 AM

Anyone else ready for a crazy day of market trading?

How much cash to you generally keep in your trading acct ?

are you saying you’re buying the dip (today and not Wednesday)?

yos9694 · « **Reply #7032 on:** June 13, 2022, 09:34:32 AM »

Quote from: ckmk47 on June 09, 2022, 09:24:35 PM

My play, and I could be wrong.
A)I hope there’s enough excitement for BLUE that it will pop. I expect to sell out at the opening on Monday. It is unlikely to go higher that the initial excitement.

B)Because these are drugs for rare diseases, the FDA will give the company a certificate that it will fast track approval of a future drug. Such certificates have sold for $100 million.
BUT, this company isn’t in the financial position to produce and market these drugs.
So it will likely be bought out by a company able to produce these drugs that has it’s own drugs in the pipeline that it would be able to use the fast track certificates.
So, after I sell out, I’ll keep an eye on BLUE and possibly buy it back at a lower price than the pop and wait for the buyout.

Great call once again. Shareholders all showed up at the opening bell to sell for gains. Not nearly as many buyers got the memo

ckmk47 · « **Reply #7033 on:** June 13, 2022, 09:41:02 AM »

Quote from: yos9694 on June 13, 2022, 09:34:32 AM

Great call once again. Shareholders all showed up at the opening bell to sell for gains. Not nearly as many buyers got the memo

yup. That's always the risk.
YitzyS got a better price off market than I did this morning.
A different time I did much better holding until opening.
But $3.03 - $5.98 is still great!

yos9694 · « **Reply #7034 on:** June 13, 2022, 09:54:56 AM »

Quote from: ckmk47 on June 13, 2022, 09:41:02 AM

yup. That's always the risk.
YitzyS got a better price off market than I did this morning.
A different time I did much better holding until opening.
But $3.03 - $5.98 is still great!

Didn't think to check on Friday afternoon, good job YitzyS and whoever else showed up for after hours

sguitarist18 · « **Reply #7035 on:** June 13, 2022, 10:37:56 AM »

Thanks ckmk47!

600 shares, but at $3, sold at $6.10.

Roth IRA, but now I'm reconsidering - perhaps I should be doing this trading in my regular account, that way I can count losses, and if it goes up I can just transfer it to a DAF...but that might not be as quick a trade as a regular sell order.

Thoughts, anyone?

Barryg · « **Reply #7036 on:** June 13, 2022, 11:03:46 AM »

Quote from: sguitarist18 on June 13, 2022, 10:37:56 AM

Thanks ckmk47!

600 shares, but at $3, sold at $6.10.

Roth IRA, but now I'm reconsidering - perhaps I should be doing this trading in my regular account, that way I can count losses, and if it goes up I can just transfer it to a DAF...but that might not be as quick a trade as a regular sell order.

Thoughts, anyone?

all of the above?

YitzyS · « **Reply #7037 on:** June 13, 2022, 11:21:19 AM »

Quote from: sguitarist18 on June 13, 2022, 10:37:56 AM

Thanks ckmk47!

600 shares, but at $3, sold at $6.10.

Can I redirect you to the Tzedakah master thread?

YitzyS · « **Reply #7038 on:** June 13, 2022, 11:21:52 AM »

I was thinking of buying back some BLUE. Should I do it today, or should I wait a little?

ExGingi · « **Reply #7039 on:** June 13, 2022, 11:34:21 AM »

https://twitter.com/ritholtz/status/1536368294323662848