Ted Dominion was one that the FLA crew was buying let me get their ear on the oil names. Dominion Energy, Inc. (D)- I'm not that familiar they have a good yield I believe... 54.93+0.80 (+1.48%)
Warren Buffett made $300 million on Occidental Petroleum (OXY) overnight after a Cowen upgrade. Berkshire added more shares in March. Yea size matters. Has nothing to do with motion in the ocean. That's a lie.
This fucking guy again>>> read this carefully-- ‘The End of the Bear Market May Be in Sight,’ Says Morgan Stanley. Mon, March 27, 2023 at 4:42 PM EDT This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallout: a simmering bank troubles, persistent high inflation, and elevated interest rates. But not all is doom and gloom. According to Mike Wilson, the chief US equity strategist at Morgan Stanley, what we’re seeing now may herald the beginning of the end in the bear market. While the market is volatile, Wilson describes a positive set-up for investors looking to hold stocks for the long-term. “From an equity market perspective, the [recent] events mean that credit availability is decreasing for a wide swath of the economy, which may be the catalyst that finally convinces market participants that earnings estimates are too high. We have been waiting patiently for this acknowledgment because with it comes the real buying opportunity… We think this is exactly how bear markets end,” Wilson opined. i read that as negative! We are going down... the tip ranks people have spun it positive...
Stoney you are so far behind the power curve on things. SNAP ran north of $12 on the Tic-Toc Congressional hearings. That was the suckers run, and all the wsb's children bought in and now they are down over 10%. That's the way the game works. As I said, Tic-Toc has nothing to do with the accumulation that has been occurring at the $10.40 level. The whales are gonna wash out this recent round of retail players that bought in on the Tic-Toc stuff. They shorted up there and they are driving it back down. Once it bottoms... you'll see upgrades start coming and it will be back above $12 in a blink. I would imagine $10.60 will be the bottom, if it gets there. This stock is going up. It'll be back above $40 in 3 years. Do what you want though. "Nobody talks about it anymore." $10.98
Vz on SNAP they got themselves in a pickle with the VR stuff it's not coming fast enough and FB is cutting back.. Apple has a product that i hear is going to fail. Also CEO selling shares Snap COO sells $763.9K in common stock 03/20 SNAP In a regulatory filing, Snap disclosed that its COO Jerry Hunter sold 69.8K shares of common stock on March 16th in a total transaction size of $763.9K. Another problem you run into with SNAP is the abuse of children and drugs being bought. Ironically--> Snapchat blocks fewer children from app than TikTok in U.K., Reuters says SNAP Snapchat is removing dozens of children in the U.K. from its platform every month compared with tens of thousands blocked by rival TikTok, Reuters' Martin Coulter reports, citing internal data the companies shared with Britain's Ofcom. Ahead of the country's planned Online Safety Bill, Ofcom asked TikTok and Snapchat to disclose how many suspected users under the age of 13 they had booted from their platforms in a year, the authors says. According to the data, TikTok said that between April 2021 and April 2022, it had blocked roughly 180,000 suspected underage accounts in Britain each month, whereas Snapchat said it removed roughly 60 accounts per month, the author notes. So any resulting hampering of Tic Toc and access to children I think will have NEGATIVE effects on SNAP not positive. Those buying now are hoping for some positive adding of accounts. i don't see it. I don't feel strongly either way but SNAP is a dead idea now.
Drug Coated balloons! Sign me up.... Surmodics stock surges 10% on FDA feedback for drug-coated balloon filing Mar. 28, 2023 12:23 PM ETSurmodics, Inc. (SRDX) Surmodics (NASDAQ:SRDX) stock rose~10%on Tuesday after the company said it received positive feedback from the U.S. Food and Drug Administration (FDA) for its proposed approach to submit an amended premarket approval (PMA) application for the SurVeil drug-coated balloon (DCB). In January, the FDA haddeclinedto approve the SurVeil DCB which was followed by the company's announcement in February tocutits workforce by ~13%. Surmodics had submitted a Submission Issue Request (SIR), under the FDA's Q-Submission program, to get a formal feedback from the agency. The FDA requested additional clarification related to completed biocompatibility studies and revisions to Surmodics' proposed labeling to amend the PMA application to put it into an approvable form. "The feedback from the FDA provides the necessary clarity on the process and content required to successfully amend our PMA application. Importantly, we do not anticipate the need for additional biocompatibility studies, which will significantly reduce our initial assumptions of the time and cost to amend our PMA application,"saidSurmodics Gary Maharaj. The company expects to file an amended PMA application in Q3 of its fiscal year 2023 and aims to get premarket approval in Q4, according to Maharaj. SRDX Surmodics, Inc. $21.46 +2.23(+11.60%)1
In Jan SRDX was $36 when they got the no go from FDA. Now this is not approval but.. we have to imagine doing back of envelope work here this is worth $26 right now.