IMO the positive decision (approval) after the 'negative' Adcom regarding $BIIB drug bodes well for future developers and their approval prospects. Definitely a good day to be 'overweight' in this sector.Biotechs are on fire today
IMO the positive decision (approval) after the 'negative' Adcom regarding $BIIB drug bodes well for future developers and their approval prospects. Definitely a good day to be 'overweight' in this sector.Biotechs are on fire today
IMO the positive decision (approval) after the 'negative' Adcom regarding $BIIB drug bodes well for future developers and their approval prospects. Definitely a good day to be 'overweight' in this sector.
I agree that the evidence for approval wasn't great, but at the same time it gives patients access to a drug they advocated for. I flipped the binary shares (yay/nay) I held when trading resumed this afternoon. Personally I think a combination treatment will eventually be the best option.I'm overweight biotechs ) ) but approval of this drug is borderline ridiculous.
FDA approves Biogen's Alzheimer's drug despite lack of evidence
Can't stop. Won't stop. GameStop.
WKHS working for me in the meme sector today. Get in now if anyone wants to go to the moon.
on the other hand in the real world my 6/18 Calls on F are ****** though.
Sure had a nice day today. Wish I would have got in at the $5.20 range instead of $5.70.AHT is going next, had a big day today.
Nice to have TIPS as an option in the 401k
I've currently got an F150, and I've already reserved the all-electric. I'm extremely pumped about it. One thing I haven't seen discussed at all that I am surprised at (especially on this board) is the tailgating possibilities with it. Should be outstanding. I'm not long haul towing anything with mine and stuff so that's just not a concern of mine. I also took a spring break trip out to national parks in Utah over spring break and saw a heap of Tesla's with east coast license plates so if I want to take it on a long haul it's certainly possible.
2.79% this year??I've had TIPS as like .5 to 1% of my 401k forever, and honestly the return has been fantastic.
2.79% this year??
Isn't $APPS more mobile ad focused, whereas $TTD would be more of a 'streaming ad' play e.g. Mobile, TV, Computer? Not saying the value disconnection is justified, but I did nibble some $TTD on the earnings day correction.Here are two long term moneymakers for those of you who aren't daytrading meme stocks.
#1 Oxidental Petroleum. Ticker: OXY $28.80
Levered play on the oil rebound, got taken to the woodshed with the pandemic because of their very high debt structure. Almost went bankrupt. With a rebound in oil pricing due to the recovery and a lack of capital investment in the industry, their FCF is insane. And with oil seemingly heading to $100 over the next 3 years, this company will have a license to print money. They'll have their debt in line by late 2022 and trade in the $70-100 range. The debt allows you to buy it at a significant discount to it's peers such as EOG. (which also is a good play)
If you really want to leverage some upside, instead of buying the commons, buy the warrants. Ticker OXY.WS $12.37. Each warrant represents the option to buy one share of common stock for $22.00 and expires in August of 2027. If the share price hits $100, the warrants will trade for at least $78, plus any time premium depending how far away from 2027 it is. ($100-22=78) Not many investments out there that offer the opportunity for a 6 bagger plus with limited risk.
#2 Digital Turbine, Ticker APPS $72.70.
This is a company that is still pretty much flying under the radar. What do they do? Basically it's a mobile phone/smart device advertising play. Their main businesses involve partnering with cell phone providers like Verizon and sell spots for preinstalled apps on their phones. They also have new products that are even more promising, one called Single Tap that they can embed in digital ads or games that allows the customer in a single touch to download an advertiser's app directly without being forced into Google or Apple's app store. It not only offers more cost effective engagement with advertisers, but boxes out the app stores and their cut as well.
It's a high flyer, and like The Trade Desk has a product that's going to significantly change the digital advertising landscape, but trades at about half the price and has 1/4 the market cap. No reason this thing shouldn't be a 5-10 bagger in 5-10 years. They have a chance to be the dominant player in the space if they don't get bought out before that happens. They are already profitable.
Let me know if you have any questions or thoughts about either of the two.
Isn't $APPS more mobile ad focused, whereas $TTD would be more of a 'streaming ad' play e.g. Mobile, TV, Computer? Not saying the value disconnection is justified, but I did nibble some $TTD on the earnings day correction.
I also have a hard time trusting $OXY after they overpaid for $APC, prefer the domestic supermajors myself - $CVX (bought a lot of good acreage in their $NBL acquisition for a fraction of what $OXY paid for $APC) and $XOM for example; and I also have some oil exposure through LPs and Service Companies - $100 oil will lift a lot of boats if that's the direction we actually head. Lower for longer (e.g. $40/bbl) will sink most but the supers IMO. I guess in the end it's a risk/reward tolerance perspective.
My $0.02. I hope you're correct in your $OXY call and you can retire on a beach somewhere, sipping cold bevvies.