OT: Stock trading

[Woodson]

That was a deliberate rug pull. We could see it this afternoon, usually heavy short positions come thru around lunch.

Today we’re seeing either massive FOMO buying and/or a small amount of delta hedging.

Congrats for hanging in. Don't spend it all in 1 place!

 

[CTBasketball]

AMC up 30% so far today. See if it can hold it today or if it all falls away like it did on Friday.

Congrats for hanging in. Don't spend it all in 1 place!

So not much short action looking at the candles - I can double check the short interest later. But the price spikes were likely delta hedging I’m thinking.

 

[HuskyHawk]

So, this may not appeal to day traders and meme stock fans, but as an investor, I have been pleased by the relative calm of the market all week. Up a bit, down a bit, volatility trending a little more modern normal.

 

[uconndogs]

So, this may not appeal to day traders and meme stock fans, but as an investor, I have been pleased by the relative calm of the market all week. Up a bit, down a bit, volatility trending a little more modern normal.

I'm anything but a trader, but I have to believe we are in for a heck of correction sometime within the next couple of years. If and when the markets believe that that a longer-term inflationary period has taken hold valuations are going to get slammed. With cash and some cojones there will probably be some nice opportunities as that shakes out.

 

[Da_Aisijimo_Gou]

So, this may not appeal to day traders and meme stock fans, but as an investor, I have been pleased by the relative calm of the market all week. Up a bit, down a bit, volatility trending a little more modern normal.

Potential calm before a storm, TBD. One thing's clear to me (for as little as that's worth), last year's heavy lean by many people on indexed portfolios may not navigate the waters as well as active management now and going forward. Or, I could be dead wrong on the latter.

 

[Da_Aisijimo_Gou]

FEYE - Anyone else own FireEye (up 40% since purchase, BUT down 18% today) with a take on FEYE's announced plans 1. to sell their software/product and company name to Symphony Technology, 2. to focus instead on related cybersecurity consulting, servicing of FEYE and potentially other competing cybersecurity products, and 3. to repurchase about $500m of FEYE shares? Unclear on FEYE's management decision, yet separately added some CRWD on today's early dip ahead of AH 1Q results.

Here's Why FireEye Stock Plunged Today

What happened Shares of cybersecurity company FireEye (NASDAQ: FEYE) are plunging today after the company announced massive changes to its business. In short, it's selling some of its operations, buying back stock, and even changing its name to Mandiant. All of this change makes

www.nasdaq.com

 

[HuskyHawk]

Potential calm before a storm, TBD. One thing's clear to me (for as little as that's worth), last year's heavy lean by many people on indexed portfolios may not navigate the waters as well as active management now and going forward. Or, I could be dead wrong on the latter.

I think there's an argument for it, but some of those managed funds missed a lot of ups in order to miss the downs. I did move into a few managed blended asset funds, and I think those will be less volatile overall.

 

[HuskyHawk]

FEYE - Anyone else own FireEye (up 40% since purchase, BUT down 18% today) with a take on FEYE's announced plans 1. to sell their software/product and company name to Symphony Technology, 2. to focus instead on related cybersecurity consulting, servicing of FEYE and potentially other competing cybersecurity products, and 3. to repurchase about $500m of FEYE shares? Unclear on FEYE's management decision, yet separately added some CRWD on today's early dip ahead of AH 1Q results.

Here's Why FireEye Stock Plunged Today

What happened Shares of cybersecurity company FireEye (NASDAQ: FEYE) are plunging today after the company announced massive changes to its business. In short, it's selling some of its operations, buying back stock, and even changing its name to Mandiant. All of this change makes

www.nasdaq.com

It's a guess, and an uninformed guess, but the services piece should become critical. The Martha's Vineyard ferry is shut down today, by ransomware cybercriminals. What would be really cool right now, is a services focused security team, with some top hackers, and maybe a few squads of special forces operators. A locate, disrupt, destroy organization. Everybody working on prevention, which is great. Nobody helping companies and municipalities deal with the after.

Ransomware Against the Machine: How Adversaries are Learning to Disrupt Industrial Production by Targeting IT and OT | FireEye Inc
Ransomware: The Threat We Can No Longer Afford to Ignore | FireEye Inc

 

[Da_Aisijimo_Gou]

I think there's an argument for it, but some of those managed funds missed a lot of ups in order to miss the downs. I did move into a few managed blended asset funds, and I think those will be less volatile overall.

Noted, albeit last year many dead, deaf, blind, and borderline comatose individual day traders and some LT investors with zero clue alike more than breakeven from April/May onward. Just IMHO, the times they have increasingly changed since the SARS-2 summer of 2020. Sure hope so on the health and vaccine front versus undesireable possible hybrid variant head fakes.

 

[HuskyHawk]

Noted, albeit last year many dead, deaf, blind, and borderline comatose individual day traders and some LT investors with zero clue alike more than breakeven from April/May onward. Just IMHO, the times they have increasingly changed since the SARS-2 summer of 2020. Sure hope so on the health and vaccine front versus undesireable possible hybrid variant head fakes.

All is well. Costco is going to offer food samples again, I think next week. That's the sign we've been waiting for.

 

[Da_Aisijimo_Gou]

It's a guess, and an uninformed guess, but the services piece should become critical. The Martha's Vineyard ferry is shut down today, by ransomware cybercriminals. What would be really cool right now, is a services focused security team, with some top hackers, and maybe a few squads of special forces operators. A locate, disrupt, destroy organization. Everybody working on prevention, which is great. Nobody helping companies and municipalities deal with the after.

Additional preventative cybersecurity services make good sense, particularly regarding health care delivery, food, energy, necessary aviation and urban public transit, etc. Undoubtedly, public and private companies alike already employ sh|t loads of special forces tech veterans, hackers, and other wicked smaht techies. At least in one sector I've interacted with a fair amount, but clearly not adequately or in sufficient #s given recent examples (Colonial, JBS, etc). SmartWinds, yikes! As for FEYE, I'm going to Warde Manuel monitor it for a day or a few

 

[Da_Aisijimo_Gou]

All is well. Costco is going to offer food samples again, I think next week. That's the sign we've been waiting for.

Next week? Nyet, I went to town on Costco samples yesterday!

 

[Jay-Bone]

SENS just popped 35% ah.

 

[Matrim55]

SENS just popped 35% ah.

Senseonics Announces Results of the PROMISE Study Demonstrating Strong Accuracy of 180 Day CGM Sensor

Senseonics Holdings, Inc. (NYSE-American: SENS), a medical technology company focused on the development and commercialization of the first and only long-term, implantable continuous glucose monitoring (CGM) system – the Eversense® CGM System – today announced the results of the PROMISE Study...

au.finance.yahoo.com

Between this and AMC yesterday, been a good week.

 

[navery12]

Guess I should have help AMC when I bought it a few months ago

 

[BLUEDOGHOUSE]

Senseonics Announces Results of the PROMISE Study Demonstrating Strong Accuracy of 180 Day CGM Sensor

Senseonics Holdings, Inc. (NYSE-American: SENS), a medical technology company focused on the development and commercialization of the first and only long-term, implantable continuous glucose monitoring (CGM) system – the Eversense® CGM System – today announced the results of the PROMISE Study...

au.finance.yahoo.com

Between this and AMC yesterday, been a good week.

I have T1D. When the 365 day implantable sensor is approved (end of 2023) with the transmitter also subcutaneous it should really disrupt the market even with Dexcom most likely having rolled out by then the Dex G8 and G9. I wear the G7. The 180 is tempting but the 365 will be a MA$$IVE game changer.

You need to be somewhat patient with this one.

Submission of data from the SBA sensors is where this study packs a real powerful punch. They are really providing data IMO on what to expect for efficiency with the 365 day. Some may miss that part of the study.

 

[Da_Aisijimo_Gou]

Not the least bit keen on SPACs generally (albeit MP's been rewarding), but tossing out RMGB given ReNew Energy's significant current solar and wind power generation and aggressive expansion plans in a nation badly in need of enhanced infrastructure, alternatives to coal and old nuclear power generation in India, fast growing economic despite the ongoing SARS-2 tragedy, etc. I've never lived in India, but have visited multiple times for work, colleague's weddings, etc. For now, just non-action monitoring ReNew with a small commitment a la Warde Manuel ....

Our partners - ReNew Power | Goldman Sachs, Private Equity, IPO, Investment

Backed by Goldman Sachs, ReNew Power is one of the biggest renewable power venture in India in terms of external equity raised and GW commissioned.

renewpower.in

ReNew Power | Leading India's Energy Transition Through Renewables

ReNew Power (NASDAQ: RNW) is leading India’s energy transition and global green energy transformation. Our current renewable asset base is 10.4 GW.

renewpower.in

 

[uconntoatl]

 

[Jay-Bone]

So has every WSB stock pumped over the last week except Tesla? Elon has incurred the wrath of the pump 'n' dump kids.

 

[Da_Aisijimo_Gou]

Biogen - FDA granted accelerated approval for first new Alzheimers' drug in a few decades, Aducanumab. BIIB trade halted (early morning), was up $22 pre-mkt from Friday's close to $308 before sliding back to $286 before the trading halt. Almost sold near Nov's spike, then BIIB yard sale'd on the FDA's prior negative Aducanumab vote. Tapping fingers awaiting trade restoration ... XBI and other biotech ETFs feeling good on BIIB news.

EDIT: Retail trading re-started about 1:30, BOOM up to 468 then reverted back to 428 before another trade halt about 1:50 pm. Sold some shares between 450 and 1 year high of 463. Guaranteed breakeven for rest. Depending on FDA's actual news conference comments regarding additional required, post-approval clinical traials, may buy some more shares if BIIB drops back closer below today's lows. Yoo hoo!

 

[UConnSwag11]

$fubo

 

[UConnSwag11]

Potential calm before a storm, TBD. One thing's clear to me (for as little as that's worth), last year's heavy lean by many people on indexed portfolios may not navigate the waters as well as active management now and going forward. Or, I could be dead wrong on the latter.

When interest rates go up, we’ll see what happens

 

[Da_Aisijimo_Gou]

When interest rates go up, we’ll see what happens

Could be, yet other earlier issues may potentially cause ripples sooner, e.g., Aside from global money center banks issuing sh|t loads of debt since Jan, prime brokers and retail-focused brokers very recently tightening margin requirements, limiting short sales, etc., how well have financial institutions mitigated or contained their own risks and institutional and retail client risks?

Related to coming rate increases, it will be interesting to observe impacts of lower middle class and overzealous middle and above class consumer debt; card companies lowering credit limits for such individuals, back rent and mortgage obligations once SARS-2 hardship benefits end, etc. Time may tell ...

 

[UConnSwag11]

$VWAGY has been climbing for the past week or so

 

[Woodson]

CLOV.... it's backkkkkkk. Hat tip to Jaker, Zionn and others