The Investment Thread (7 Viewers)

[jboss]

Rounding bottom pattern setting up but may be a bit early for the big run. This is one I’m wanting to load up on in my invest account.

I'm holding long on this one. Seems a pretty nice valuation at this point. But I lowered my average price by over a dollar on Friday. I can't imagine it goes or stays under $15 for long. That'd be a big buy price for me.

 

[longtime lurker]

Woke up to my VERU stock soaring…Their Covid 19 treatment drug showed great results in testing. Up 100% so far today. A great way to start vacation week with the family.

 

[Turfie]

So complete random one here that peaked my interest.

Epizyme. EPZM. They are a commercial stage bio company.

Market cap of 141 million. Total existing shares: 163 million shares.


An insider on Jan 31 2022 bought an additional 22,666,667 shares at a purchase price of 1.50. He now owns 31.8 million shares. Or…19.4% of the entire company. Which I believe is just under the maximum percentage of the company he can own (20%).

Worth noting that of the 163 million shares in existence…..56 million of them were offered at $1.50 on the date of that insider purchase. So they diluted the price with a share offering. He bought 23 million of the 56 million shares that they offered.

 

[Turfie]

This guy’s business was almost destroyed by BCG about 5 years ago before he booted them out the door. Nice to see more people opening up about their dealings with BCG. I guess he wanted to support Apes as well by buying GME

 

[Turfie]

I’d like to think the markets have already priced in the “Putins Price Hike” report tomorrow. I really don’t need a report that things that I buy are more expensive each week.

Outside of T-bone steaks. 7 bucks a pound at Ingles!!!

 

[Turfie]

This guy’s business was almost destroyed by BCG about 5 years ago before he booted them out the door. Nice to see more people opening up about their dealings with BCG. I guess he wanted to support Apes as well by buying GME

This is why I’m fairly zen about this. If the saga is over…why would they care? Shorts never closed imo.

 

[bclemms]

The inflation data came in with CPI at 8.5%, even worse than expected. Markets set to rally hard in a case of buy the rumor, sell the news in reverse since the rumor wasn’t pretty. Also this really looks like the peak, the data shows the rate of increase has slowed significantly and with oil prices coming down hard in April should help propel the next month to a decreasing CPI.

 

[Turfie]

Picked up 10 shares of BBBY at 18.99. That’s my first enter on that stock. There is a gap down to about 17 tho.

 

[St. Geezy]

Picked up 10 shares of BBBY at 18.99. That’s my first enter on that stock. There is a gap down to about 17 tho.

We may be in another downtrend across the board. Things may be done for this cycle, until we get into mid-May.

 

[Turfie]

We may be in another downtrend across the board. Things may be done for this cycle, until we get into mid-May.

You are probably right. But a part of me saw that Bitcoin bounce at 39K. If that holds…then it seemed like that was a slightly higher low than before. Which that low was a slightly higher low before that. All dating from Jan 22 2022 to now.

 

[B4YOU]

The inflation data came in with CPI at 8.5%, even worse than expected. Markets set to rally hard in a case of buy the rumor, sell the news in reverse since the rumor wasn’t pretty. Also this really looks like the peak, the data shows the rate of increase has slowed significantly and with oil prices coming down hard in April should help propel the next month to a decreasing CPI.

I’ve read that gas is half the rise. Even if gas falls, those prices aren’t moving any time soon. Do we get a market-wide stock boom in 6mo to 1yr when production increases, gas prices fall, and corp profits boom?

 

[Turfie]

Weeeeee

 

[bclemms]

I’ve read that gas is half the rise. Even if gas falls, those prices aren’t moving any time soon. Do we get a market-wide stock boom in 6mo to 1yr when production increases, gas prices fall, and corp profits boom?

Oh, prices will still keep increasing just the rate of increase should begin to slow.

I don’t think we get a boom until labor becomes available. Relaxing the Covid immigration policies will help but it’s a drop in the bucket.

 

[St. Geezy]

ATER doing damage!

 

[Turfie]

ATER doing damage!I

I was so close to buying that. Went with SLGG instead. Sigh….