Vz's Best call In Ages! Assertio Holdings, Inc. (ASRT) It would of been helpful I think for us to have previewed this better. It was sort of a shout out I guess based off option flow but not well delineated out to you all... $6.66+0.70 (+11.74%)<------------- At close: 04:00PM EST I'll save it for a master class but I worked on the name today at the bar. I read the last analyst Q&A and Boy did I come away impressed with the head dude. Just like the way he answered questions. I have been lead astray before by Bio big mouths, too confident, this guy strikes just the right balance and man he read good. There's much to tell: a product that may get included in some big Gov i assume pay for set up but hey need a label change etc. Another product coming back from Covid slowdown. Probably the only negative, if it can be a negative is they actually make some money and those bios are often treated more harsh than the dreamers-- but great little Co!
I covered it in depth right here Stoney. FA and TA. I even asked you several times to go over it, because I couldn't find anything wrong with it. No response of course. Just like when I brought STLD to ET at $52 the summer before last. It too was a perfect undiscovered stock. You were mum. Perhaps instead of being so egotistical and self-absorbed, cutting and pasting 20 stocks daily in the matter of 30 minutes, you should focus a little more on quality and not quantity. Cutting and pasting analyst upgrades is fine but if you want to be better than them, you have to do your own research. For example.. I kept you in BJ's now didn't I? Who did all the work there? Not you. I told you it would drop last week. It did... but I also told you it would rally on earnings. It did. Your extensive research: "I think they'll make a lot of money on fuel sales." "I think it's an inflation play." (notice how their report stated they don't include fuel sales in their sales comps.. who told you that too? ) I also told you not to buy the March calls and use the May calls instead. They haven't lost much value... your $1.90 calls are $0.35 now. A train-wreck.That said, I think there's still hope for those if we get a rally next week. So please, aside from CING which is a penny stock, and I still think it will soar when the FDA approves their delivery system... not one loser here since November. HOW SOON WE FORGET THE 500% WINNER I GAVE YOU ON ABNB--- among a dozen others. All in all Stoney... when it comes to stock picking, you're like a drunk hillbilly with a shotgun, a box full of scatter blast 12 ga shells, and a yard full of empty beer begging to be shredded. I prefer to be more like one of those special forces sniper-rifle types. That's how you win in the long term. Speaking of: ABB is on the verge of breakout. Bouncing off the 50day, 200 and 100 rising, 25 trading days after earnings maintaining $33. Closed green today on 21% heavier than normal volume. It'll be a 10% winner by July. $37 easy. September $35 calls $1.90. They'll be an easy double.
HEY STONEY... Eat your heart out. I wrote that post at 10:45 EST The 200 day on the XLF was breached at exactly 1PM EST today. Up until then the S&P had been pretty much flat and was only down 7 points from yesterday's close. And then look what happened. At the exact moment the XLF broke it's 200 Day. The algo's lit up and the sell orders flew in. >>>The SPX proceeded to plummet 70 points in 3 hours. Stoney... I'm not totally not bragging.... but you're not even close to this level of experience when it comes to trading. You couldn't generate a post like that if your life depended on it. So when you say "vz's best call in ages" above... pffff.... trust me... the readers here know what's up. _____________________________________ As to the rest of the post looking forward, I feel pretty sure the payroll #'s tomorrow won't stop this decline. Powell more than likely knew the #'s anyway but lets say they come in favorable, if the S&P gets anywhere close to today's highs on a dead cat bounce.... that would be an excellent entry for a short. There is no impetus whatsoever for this market to rally aside from the inevitable upspikes that occur on the way down. As I explained to someone earlier today, those spikes have to happen, or else everyone would get rich when it's obvious to everyone things are overpriced for the current economic environment. Markets never go straight down over time, there are always sharp spikes up. Last Friday was a perfect example. Right now there are far too many geopolitical unknowns, and on top of that Powell has made it clear he is taking no prisoners. If tomorrow's NFP #'s come in light and ignite a bounce at 8:30 that continues throughout the day, imo, either institute a short position or take the opportunity to get out and get in cash or Treasury's. 3778 here we come. And we'll re-evaluate things there.
Yeah a lot of people would look at it that way, but that is totally not the case. It's his job. If those numbers were in fact available Monday, he saw them. They may or may not have been. The revisions to last month's report more than likely were though. Either way, no... there is nothing unethical here if they're available. Now a leak... that would be a different story for sure.
Good Morning // Good Morning! Lets Have Another Great Day! Vz I missed your coverage on ASRT I went back and read it just now-- I still don't think we have explained the co properly, it looks now like an earn beat by them that triggered your actions, Good spot! I can do a master Class or you could provide more depth. Up to you-- BJ's Wholesale price target raised to $90 from $88 at DA Davidson 07:58 BJ BJ's Wholesale price target raised to $90 from $85 at Baird 06:39 BJ Solo Brands price target raised to $10 from $7 at Canaccord 07:35 DTC- Finally coverage! NerdWallet management to meet virtually with Oppemheimer 07:34 NRDS Clene price target raised to $8 from $6 at Cantor Fitzgerald 07:19 CLNN Boy someone asked me here if reverse splits ever worked and I think i came up with three that did.. well now it's four! Paysafe management has company growing again, says Susquehanna 07:15 PSFE Kosmos initiated with an Add at Peel Hunt » 07:15 KOS Rivian Automotive resumed with Buy, reduced target at BofA » 06:28 RIVN
Rain Oncology price target raised to $19 from $12 at H.C. Wainwright 06:22 RAIN -Zymeworks price target lowered to $17 from $21 at Citi 06:16 ZYME -Aldeyra price target raised to $28 from $23 at Citi » 06:16 ALDX -Olema Oncology price target raised to $15 from $12 at H.C. Wainwright 06:08 OLMA
I don't think you've done an adequate job explaining any of the 10 stocks you just shouted out in the last two posts. Maybe a Master-Class for each?
Roblox upgraded to Buy from Hold at Jefferies » 05:05 RBLX BJ's Wholesale price target raised to $80 from $75 at Evercore ISI 08:13 BJ Magnite's SpringServe joins Amazon Publisher Services Ad Server Certification 08:11 MGNI, AMZN I'm not that clued in to AMZN stuff but this sounds like it could be abig deal--- MGNI Magnite, Inc. Possible Gummy @$9.45 $9.30-0.66(-6.63%) NASDAQ |$USD |Pre-Market:$9.42+0.12(+1.29%)2:51 AM
Stoney I owe you. Not only did myself and several others here make well over 20% shorting ASAN... it looks like the option players are gonna make another 75%... maybe more. Thanks for calling this one out. Did you ever explain what the company did btw? I missed the Master-Class I guess... I just traded it like a pro.