I posted last year, FRSH had huge calls if memory serves so I played it. “MOD, CLS, VRT did some share offerings. RAMP, FRSH, SUM, FTAI, VECO as safe plays? BCC, TAST, NATR and KRT. #4954 Aug 11, 2023” Edited: I think almost all jumped at least 20% and some tanked back to price. Take your 20 and leave?
This stock won’t stop, daily I watch it keep going up like FIZZ(Sparking water craze beginning.) or CELH in the singles when bodybuilders were the only customers. https://sowginc.com/sow-good-reports-strong-first-quarter-2024-results/
Interesting. Looks like it has potential, and this would be the easiest Peter Lynch play of all... taste these things. I'll be on the lookout and buy a bag when I see them. You should too. They must be pretty darn good if these big box operators are already giving them shelf space. I wonder if it's patent protected, because it sure seems like there'd be very little standing in the way of a big player entering the game if it's truly a revolutionary new type of candy. They look good: https://thisissowgood.com/collections/candy
Abbott Labs---> $106 It's clawing its way out of the bottom of a 2 year channel. That baby formula deal thing knocked it down so much, it's still going on, but it's no J&J talc deal. I think it's fairly solid down here. It's a little pricey, but not too bad. Good sector I think. 2% div.
This thing got all the way down to $52.70 last week. I bet they used part of that $2B buyback. It was cheap down there. TWLO---> $55
Twilio (and there's several other quality tech stocks just like it) that may go lower. Just as important as any TA or FA, and maybe even more important, is market psychology. One must constantly ask themselves, where is the most "dumb" money.... because I've said it here a dozen times... markets will always move in the direction to take the most amount of money from the most amount of people. We have seen an incredible run in the tech etf's, but we all know that was propelled by a handful of stocks. Stocks like TWLO have done nothing but fall during this run. Why? Because so many see the Q's going ever higher, but they can't understand why their stocks aren't. Stocks that were twice as high a short while ago. So they buy them when they think they're cheap. And they probably are. But the market-gods don't care... they love that.... they can sell calls at huge premiums and use those funds to push even the best stocks down farther. Bottom line is, don't be adhd. Near term is anyone's guesss. Do your homework and dollar cost average on the way down. Avoid margin and ignore the noise. If you have a good stock, look at sell-offs like the glass half-full. Because it is. There's a lot of tech bargains out there right now, TWLO is but one. You don't get rich overnight in this game, that's a dream perpetuated now more than ever. Do your homework, buy quality with rock solid balance sheets that are in the right sector... and let time do its thing. It marches on. It always has and it always will. In the end, it will lift the winners. It has to. It's a no brainer. Barring a real black flag event, which could certainly happen unfortunately. That's my biggest fear, other than that... it's all noise. ~vz