2021 Stock Market
- Thread starter SoapyCy
- Start date
ATNF under $200 mil market cap, founders (Sir Marc Feldman and Jim Woody) discovered anti-TNF science and sold their bio (Google Centocor biotech, Remicade drug) to JNJ for $4.9 billion. Anti-TNF has since been the largest selling drug class in the world every year since 2012 (Google Humira #1 in the world over $20 billion annual sales, Enbrel #3 with over $8 billion, Remicade #10 nearly $5 billion). They have phase 2b/3 trial results coming in Q4 for first drug in the pipeline for Dupuytren's disease. These trials and the pipeline also include 3 other anti-TNF indications and are all done at Oxford (which is obviously a top 5 university in the world), where they aren't making anything new, just finding new indications for the existing FDA approved drugs.
This is 3 bio's merged to one and that is #1. Another is SCA's (synthetic cannabinoid analogs) where the goal is to replace anti-TNF/opioids completely. Raphael Mechoulam (The Godfather of Cannabis) who discovered THC/CBD and the human body's endocannabinoid system, has been developing SCA's for years and Marc Feldman who discovered anti-TNF science screened Mecholam's best 20 SCA's to pick out his favorite for inflammation. This will be a pure synthetic canniboid that is >99.5% CBD.
The third bio is led by a couple guys at Stanford (also a top 5 university in the world), who have sold drugs for $2.85 billion and $5.4 billion. If you can't math, 4.9 + 5.4 + 2.85 means they have already sold nearly $14 billion worth of drugs, and as I mentioned, market cap is under $200 mil right now. Holding long and strong until they get bought out or become the next Big Pharma
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Could be a dead cat bounce day. I’m hoping this looming theater of the “debt ceiling” will drive the market down a bit more.
GOOD. THAT WAY I CAN DOLLAR COST AVERAGE MY POSITIONS BETTER.
Up almost a buck a share this week.
This one seems to have a pattern if you watch it.
Whar the day traders at??
My boss back at the end of May was doom and gloom and said I shld sell all my stocks. Made a bet that my portfolio would be up on Sept 1st, ended up 7%, suck it boss.
Hindsight wish I would have loaded up on VOO at $300 … oh well happy with what I got.
I bought 450$ of VALE today at 14.50. VALE pays a good dividend, and I think Iron Ore will rebound once China gets back on a roll.
Also Like BTI. I bought 50000 at 37 awhile back and it is below 37 now. FMV is north of 40. has a very safe 7 percent dividend, which is more important than growth for us older investors.
I also love PM, but i wouldnt buy above 97. I try to only but when stocks drop a good bit below fair value, so i have a margin for error. PM is actually one of the most solid stocks there is. It pays a very, very safe 5 percent dividend. It's fair value is around 102.
LMT was a steal at 323 earlier this week, but it is already rebounded a bit. It is a solid but below 350.
Also Like BTI. I bought 50000 at 37 awhile back and it is below 37 now. FMV is north of 40. has a very safe 7 percent dividend, which is more important than growth for us older investors.
I also love PM, but i wouldnt buy above 97. I try to only but when stocks drop a good bit below fair value, so i have a margin for error. PM is actually one of the most solid stocks there is. It pays a very, very safe 5 percent dividend. It's fair value is around 102.
LMT was a steal at 323 earlier this week, but it is already rebounded a bit. It is a solid but below 350.
Exactly what did you bet? Not sure I want to know.
CEO of Moderna came out two days ago saying he thought the pandemic would be over in a year and is going to continue to recede.
I get the sense the 4th quarter is going to be groovy $$$, b/c June to now has been very flat and sideways.
Wish I'd have jumped on LMT this week before it rebounded... Have been long that one since I started my portfolio after college. It may yet dip to the $330 level again before the year is over and I won't let that opportunity pass.me by a second time!
