ze creme' always rises to the top! Vicor Corporation (VICR) 92.41+4.60(+5.24%)<---------------- As of 10:20AM EST.
Checkpoint Therapeutics: This biotech is poised for a banner year Checkpoint is a small-cap biotech with enormous promise as a growth vehicle. The key reason is that the company's advanced skin cancer drug, cosibelimab, recently scored a big win in a registration-enabling trial. Checkpoint expects these strong top line data to form the basis of a regulatory filing with the FDA later this year. European regulatory filings for the drug are also expected to occur sometime soon. The headline for investors is that Wall Street's most optimistic price target of $26 per share -- issued by H.C. Wainwright analyst Joseph Pantginis -- implies that this developmental biotech stock might rise by a staggering 956% over the next 12 months. That's not quite a 10-bagger but it's awfully close. The one drawback with this story is that Checkpoint will likely need to raise capital to support cosibelimab's commercialization. After all, the biotech's last stated cash position of $60 million probably won't cover the costs associated with launching a new cancer drug, along with the continued development of its pipeline.
Louis Navellier in the house! Glad this guy is still alive. Louis Navellier and the InvestorPlace Research Staff Mon, January 24, 2022, 9:51 AM AI +3.09% InvestorPlacecontributor Dana Blankenhorn doesn’t mince words. With typical directness, Blankenhorn said that he pitied the fool who owned shares of enterprise artificial intelligence (AI) firmC3.ai(NYSE:AI) in 2021. Now, that’s a scathing indictment of AI stock if we’ve ever heard one — but is it justified? Let’s look at the evidence. For one thing, it was discovered that CEO Thomas Siebeldumpedaround 600,000 shares, or roughly $30 million worth, of his company’s stock. That’s certainly not an encouraging sign. It’s also worrisome thatBank of America(NYSE:BAC) analysts downgraded AI stock not long ago. Perhaps Blankenhorn’s harsh assessment was spot-on, then. But let’s not take someone else’s word for it. By diving deeper into the data, we can form our own conclusions regarding C3.ai — and chances are, you’ll want to seek exposure to the machine-learning industry elsewhere. AI Stock at a Glance As of mid-January 2022, the good times for C3.ai’s loyal investors are far back in the past. Those good times were pretty amazing, but they didn’t last long. In December 2020, C3.aipriced its initial public offering(IPO) at $42 per share. AI stock opened for trading at $100 on Dec. 9 and promptly rose to $109. The bullish momentum persisted for a little while longer. On Dec. 23, AI stock reached to a 52-week high of $183.9. Then, starting in late February 2021, the sellers completely took over. The stock slid to the $50 level by May, and finished the year near $31. By the middle of January 2022, AI stock had sunk to $27, substantially below the IPO price. Trend followers and value hunters alike will find it difficult to analyze this stock, as every time it seems like the bottom has been reached, the selling pressure only intensifies. Focus on Data, Not Executive Chatter It’s interesting, how corporate executives can put a positive spin on practically any set of financial data. That’s part of their job description, some folks might contend. Fair enough, but there are limits to self-promotion, even in the world of business. Thus, CEO Thomas M. Siebel’s characterization of C3.ai’s fiscal second quarter as“strong”deserves a closer look, and a measure of scrutiny. During that quarter, which ended on Oct. 31, 2021, C3.ai expanded its enterprise AI footprint into a number of markets, while focusing to a large extent on the public sector. It’s possible that the company sought to make changes because C3.ai had previously been unprofitable. In the three months that ended on Oct. 31, 2020, C3.ai incurred a net earnings loss totaling $1,944,000. So, did C3.ai pivot to a profitable profile in the recently reported, supposedly “strong” quarter? The Truth Is in the Numbers As it turns out, the company’s fiscal hole had only deepened. During the most recently reported quarter, C3.ai managed to sustain a whopping $56,739,000 net earnings loss. Will the situation improve if we extend the timeline? Let’s find out. During the six months ending on Oct. 31, 2020, C3.ai’s net earnings loss totaled $14,794,000. In the equivalent time frame of 2021, the company’s net earnings loss was an astounding $94,198,000. Digging deeper, we can observe that a recent U.S. Securities and Exchange Commission (SEC) filing exposes C3.ai’s considerable risk factors. By the company’s own admission, C3.ai has a “history of operating lossesand may not achieve or sustain profitability in the future.” Not only that, but a “limited number of customers have accounted for a substantial portion” of C3.ai’s revenue. Thus, the company’s already problematic fiscal profile could worsen if a client’s contract expires and isn’t renewed. The Takeaway for AI Stock There are definitely lessons to be learned here. One is that not all machine-learning stocks are worth owning, even if it’s a high-conviction industry. Another lesson is that already beaten-down stocks can continue to decline in value. Additionally, a CEO can call a set of financial results “strong,” but informed investors should always check the data. What the data shows, then, is that Blankenhorn’s assessment of AI stock is tough but reasonable. I give AI stock an “F” grade in myPortfolio Grader. It’s perfectly fine to envision a great future for artificial intelligence, but by all means, feel free to find a different company to risk your hard-earned capital on.
HUGE VOL WATCH!<------2.8 mil shares!! MamaMancini's Holdings, Inc. (MMMB) in retrospect this may of been the gummy, 1.8588+0.0688(+3.84%) As of 10:31AM EST.
SELL RIPS VS DIP N' RIP “I do think we’ll see more volatility and probably lower lows,” said Matt Maley, chief market strategist at Miller Tabak + Co., in an interview with Bloomberg TV. “We’ve gone from a situation where on the near-term basis people need to sell the bounces rather than buy the dips.” “In the absence of a Fed dovish pivot tomorrow it would be difficult to see the market recovering simply because investors moved already to underweight positioning,” JPMorgan strategist Nikolaos Panigirtzoglou said. Here's how a dip and rip plays out…It starts a strong opening, followed by a quick dip in stock price. The brief dip is followed by a rapid reclaim of its previous high, and potentially even more growth… Hence the name dip and rip.
I've had my issues with Michael in the past but god bless him he is 100% corerect here-- this is why MY CVS IS CLOSING!!!!!! WAKE UP MR MAYOR.... Michael Rapaport films alleged shoplifter boldly robbing an NYC Rite Aid January 25, 2022 11:02pm Updated with everything in Rite Aid right here Michael Rapaport films alleged shoplifter boldly robbing an NYC Rite Aid New York actor and comedian Michael Rapaport flipped out in a Tuesday social media post that shows an alleged shoplifter brazenly walking out of a Manhattan Rite Aid. “I can’t believe I’m seeing this s—t,” the “I Am Rapaport” podcaster is heard saying over the video. “This f—king guy just filled his two bags up with everything in Rite Aid, right here on 80th [Street] and First Avenue is walking down the street like s–t is Gucci. I was watching him the whole time.” The purported thief is carrying bags as he strolls by a security guard and out onto the street. “Looking me in my face like ‘What’s good?,’” Rapaport claims. “My man just went Christmas shopping in January. He had the condoms, the shampoo.” Michael Rapaport filmed what he described as a shoplifting incident in a Manhattan Rite Aid. The actor repeated the Christmas shopping comment and tagged Mayor Eric Adams’ account in a caption for the video, which had more than 132,000 views by Tuesday night. “Duke just went CHRISTMAS SHOPPING at @riteaid,” Rapaport wrote. “I’m TRIPPING this happened in broad day like it was nothing.” Rapaport’s video depicts a man carrying bags as he strolls through the store before walking out onto the street. The store location is set to close Feb. 15 “because of this, leaving workers JOBLESS,” the actor claimed in the caption. “@ericadamsfornyc YO,” he concluded. “Saved by the Bell” actor Mario Lopez was among the many commenters, saying, “Dude looked up at Security and said… ‘Sup?’” An NYPD spokesperson said there was no report on file for the incident as of Tuesday night. A Rite Aid spokesperson didn’t immediately respond to an email from The Post. Rapaport tagged Eric Adams in the caption of the video he posted on social media. Getty Images The video is the latest making the rounds on social media that show purported shoplifters making bold thefts at retail and grocery stores that critics blame on soft approaches to prosecutions that have emboldened people to commit low-level crimes. Reported store losses are on the rise, with $719,458 in losses per $1 billion in sales in 2020, according to the National Retail Federation.
Welcome to today's lesson: 3 years ago- Today We are losing a battle. It is time to find some middle here, we need to start handcuffing people to high pipes for long periods. It all pains me-
I miss Nevis. So much. The plan was to buy a house there but I don't know what happened. They don't do mortgages down there. There still is time. I've got to get back there.