The Official Stock Market Thread

[KhalDrogo]

God bless NVDA and every stupid overblown sell-off.

[patchgenie]

have you guys heard of public square -PSQH? a potential BNPL competitor.

[Brobocop]

Originally Posted by patchgenie

have you guys heard of public square -PSQH? a potential BNPL competitor.

Every fintech had a BNPL bolt on. Nothing special to me.

[finfangfan]

Tesla spiked after hours. I’ve been in and out of that one lately and only have a small position that I likely will sell tomorrow at open.

[patchgenie]

maybe if they lost the religion angle it would be ok kind of odd company

I looked at RMCF. they had to get bailed out by a railway company they've been going on about adding stores for a decade it seems. seems more like collecting a check business. I don't think anyone is paying 60 for half dog treats/half chocolate boxes.

like if they went bankrupt, Target could take over and make the peanut butter cups a store brand. it just doesn't make sense to sell in franchised stores.

do you think "smart" eyeglasses will be popular?

[Siberian13]

Originally Posted by patchgenie

maybe if they lost the religion angle it would be ok kind of odd company

I looked at RMCF. they had to get bailed out by a railway company they've been going on about adding stores for a decade it seems. seems more like collecting a check business. I don't think anyone is paying 60 for half dog treats/half chocolate boxes.

like if they went bankrupt, Target could take over and make the peanut butter cups a store brand. it just doesn't make sense to sell in franchised stores.

do you think "smart" eyeglasses will be popular?

Are you referring to glasses like the Ray-Ban Metas? If so, then yes. One guy at the poker table had a pair and passed them around the table. Everyone was impressed. I’ll be getting a pair for the holidays and gift one to a family member.

If something else, I’d like to know more.

[KhalDrogo]

Originally Posted by finfangfan

Tesla spiked after hours. I’ve been in and out of that one lately and only have a small position that I likely will sell tomorrow at open.

I like its chances of running to $300+ here. Margin compression has been a big issue the last year plus.

[finfangfan]

Originally Posted by patchgenie

do you think "smart" eyeglasses will be popular?

What are your plays here? QCOM? META?

[patchgenie]

Originally Posted by Siberian13

Are you referring to glasses like the Ray-Ban Metas? If so, then yes. One guy at the poker table had a pair and passed them around the table. Everyone was impressed. I’ll be getting a pair for the holidays and gift one to a family member.

If something else, I’d like to know more.

I was looking at LUCY - Innovative Eyewear. I just don't think they are going are going to be that competitive against meta or apple. You can do way more with the meta ray bans. LUCY loses 2 mil/quarter and only averaged $300K in revenue per quarter. probably have 12 million left in the coffers.

MNPR - this is just a low float pump. they only had 6 million left and the deal requires 4 million upfront (3 mil in 90 days). they bought a failed phase 2 asset from Alexion for Wilson's disease. weird PR where it says successful phase 3, but failed phase 2. probably fooling algos. no one's paying 30/share for this. offering coming fast.

my next bio trade is SGMO. they have a path forward for accelerated approval for Fabry's disease. Fabrazyme sell $1 billion/yr, Galafold from Amicus is 400 million/yr.

Amicus for the most part traded over a billion in MC over time before approval. Amicus current MC is 3.3 billion. Could see a partnership or buyout for this. I'd say $5/share would be good on the low end (1 billion).

[Siberian13]

Originally Posted by patchgenie

I was looking at LUCY - Innovative Eyewear. I just don't think they are going are going to be that competitive against meta or apple. You can do way more with the meta ray bans. LUCY loses 2 mil/quarter and only averaged $300K in revenue per quarter. probably have 12 million left in the coffers.

MNPR - this is just a low float pump. they only had 6 million left and the deal requires 4 million upfront (3 mil in 90 days). they bought a failed phase 2 asset from Alexion for Wilson's disease. weird PR where it says successful phase 3, but failed phase 2. probably fooling algos. no one's paying 30/share for this. offering coming fast.

my next bio trade is SGMO. they have a path forward for accelerated approval for Fabry's disease. Fabrazyme sell $1 billion/yr, Galafold from Amicus is 400 million/yr.

Amicus for the most part traded over a billion in MC over time before approval. Amicus current MC is 3.3 billion. Could see a partnership or buyout for this. I'd say $5/share would be good on the low end (1 billion).

Does the Lucyd brand not offer cameras like the Ray Ban metas?

[patchgenie]

Originally Posted by Siberian13

Does the Lucyd brand not offer cameras like the Ray Ban metas?

I don't believe they have a camera. I saw some clips from the meta ones.

[patchgenie]

added ATHA


had 91 mil of cash. burns 20 mil/qtr. workforce reduction decreases burn by 10 mil.

seems like Perceptive might be doing a reverse merger (w/PIPE?) for this one. probably worth a dollar anyways.

[finfangfan]

PLTR having an incredible day. I ended up selling out my Roth position completely but I still have my taxable position which I will probably hold forever.

And patchgenie, I used a little of my fun money from my DRUG win to throw a bit at ATHA and I also got back into SGMO after being in and out of it for a small gain a couple weeks ago.

[NYBBFAN]

Added some levered long stuff at the end of the day. Ride or die.

[finfangfan]

Looks like market is going to soar today.

[phdbeckett]

I like SGMO too. Bios have been fun plays, especially AKBA, which I have an institution level position.
Looking at adding BIG BEAR AI today too.

[NYBBFAN]

Originally Posted by NYBBFAN

Added some levered long stuff at the end of the day. Ride or die.

We ridin

[finfangfan]

ETrade is all wonky at open. I can’t buy/trade.

[patchgenie]

added CPRI for the merger appeal.
added HE for when they sell off their bank to pay 1.9 billion in damages for the wildfire.

[KhalDrogo]

Insane day.

[JohnnyHatesJazz]

Wall Street is celebrating.

[xbignick]

Blah. Almost sold out of SBUX for more BRK/B yesterday.

Would have been the cherry on a great day.

[NYBBFAN]

Great day overall. Lots of assets on fire (some in good ways, some not). Core holdings were all through the roof. Made (or making) money on some small stuff like a 90 TLT short put, 157.5/160 CVX short strangle, 245 GLD short put. Out of the UPRO I added at yesterday's close.

[KhalDrogo]

That was my best day ever and it wasn’t even close. Set new highs in all my accounts. Markets had a Trump win priced in, but not a red sweep. So if the House ultimately doesn’t go to the GOP, this thing will tank. Markets want unfettered Trump policies.

[patchgenie]

added ENSC. potentially an abuse deterrent opioid. kind of an interesting post on twitter about it. perceptive and RA bought 10% each. only has 10 million shares out. who knows