--- about the release though-- after the maker of natural gas-fueled engines said its Weichai Westport joint venture in China had secured certification for its 12-liter HPDI 2.0 engine from the Ministry of Ecology and Environment of China. Who in this situation doesn't think they are going to get certification> Right? They make a partnership with a China (joint venture) They are most likely going to get their technology stolen. But when you go this rout you get he contracts that's the way the game is played so the surprise here I do not get- the opportunity I do!
Not much news today folks--- Unusual call flow in option market Friday-->VALE Notable call activity was cited Friday in Vale (VALE). Carrier Global initiated with a Buy at Goldman Sachs 20:39 CARR Goldman Sachs analyst Joe Ritchie initiated coverage of Carrier Global with a Buy rating and $35 price target. Carrier has the greatest turnaround potential amongst the HVAC peers, Ritchie tells investors in a research note. As a standalone, more focused company that is reinvesting in its business, Carrier will stabilize the business in the medium-term, says the analyst. Demand at Planet Fitness better than anticipated - JPMorgan Sep. 21, 2020 7:58 AM ET|About:Planet Fitness, Inc. (PLNT)| JPMorgan runs the latest numbers on Planet Fitness(NYSE:PLNT)with the gym operator in recovery mode. "With >1,900 gyms (~95%) currently open (majority of closures remain in CA), the second derivative of membership cancellations should slow with the last bucket rolling off in Oct/Nov. Usage rates are at 70- 85% for the clubs opened in May versus the system-wide average at 60-65%, which is steady and currently ~30% of members are using the gym in a 30-day period vs 50% pre-crisis," updates analyst John Ivankoe. "Fewer membership adds from the senior population than the millennials is not surprising but overall demand has been on-par with last year despite no meaningful marketing since Jan/Feb 2020. September’s “$0 down and $10/month with no commitment” sale is just last July’s sale pushed back while the upcoming October sale is moved to the back half of November. NYE Times Square ads can expect a higher viewership (170m in the US and ~$1b worldwide watch the ball drop) with more people at home and aid the January influx. More than 40% new joiners have never belonged to a gym before and ~20% were previous PLNT members implying the other 40% is from competition. Focus remains on new member adds vs retention also aided by recent digital enhancements." JPMorgan keeps an Overweight rating on Planet Fitness.
UPDATE-- <<WATCH>> 1. AEMX-- + 5% 2.- FLDM-- +2.3% 3. Ball Corp- BLL-- -3.3% 4 Westport-WPRT--- FLAT AFTER HUGE FRIDAY HUGE VOL TODAY AS WELL
Whazzup stoney... WORK is up 3% today. I had a feeling once we got by Sept. op-ex it would run. I looked for that post you made from last week where you said your indicators were pointing to a sell-off, couldn't find it but either way good call stoney.
Tues-- SECOND WAVE OF VIRUS -! UK Van keep an eye on the other testing stk FLGT they are to be added to the S&P 600! Large respect there. These guys have been a thorn in my side hogging coverage from my preferred name FLDM. GameStop up over 7% after RC Ventures increased activist stake to 9.98% 19:28 GME Shares of GameStop are up 7.1% afterhours at $9.37 <----- after RC Ventures disclosed an increased stake of 9.98% vs. 9.0% reported on August 28th. The 13D/A filing indicates that "the Reporting Persons have had conversations and communications with senior management and several members of the Board of Directors of the Issuer concerning the Reporting Person's views of the company. During these conversations, the Reporting Persons expressed their willingness to become more involved in the company under certain circumstances that the Reporting Persons believe are likely to produce the best results for all shareholders." Gibberish! Van what are they smoking at UTZ? A secondary? WTF Ok may be time to take David seriously-- DavidsTea reports Q2 EPS (7c) vs. (24c) last year 16:31 DTEA Reports Q2 revenue $23.0M vs. $39.2M last year. "Second quarter results reflect the solid performance of our online retailing and wholesale distribution activities as we accelerate our transformation towards a digital first strategy. We are very pleased by the momentum experienced in the first quarter carrying over to the second quarter, resulting in sequential sales growth of 35%. Consumers are responding positively to the online experience we offer and continue to enhance. We are confident that we are well-positioned to execute our business plan and to sustain a return to profitability once the ongoing CCAA process and our transformation is complete," said Frank Zitella, COO and CFO. Hummmmmmm.
In medical news-- Sanofi says Libtayo reduced death risk by 32% compared to chemotherapy in trial Yikes usually it's vs placebo everybody hates Chemo is this a pill?????? 14:16 SNY Pivotal trial data for the investigational use of PD-1 inhibitor Libtayo in first-line locally advanced or metastatic non-small cell lung cancer, or NSCLC, were shared in a presentation at the European Society for Medical Oncology, or ESMO, Virtual Congress 2020, Sanofi announced. The trial compared Libtayo monotherapy to platinum-doublet chemotherapy in patients whose tumor cells expressed PD-L1, including those whose cancers had confirmed PD-L1 expression of greater than or equal to 50%. These results form the basis of regulatory submissions, including in the U.S. and European Union. The late-breaking ESMO presentation expands on topline results shared in April. In the overall trial population of 710 patients, the median follow-up was 13 months for both Libtayo and chemotherapy. Among these patients, Libtayo demonstrated the following results compared to chemotherapy: 32% reduced risk of death; 22-month median overall survival compared to 14 months; 41% reduced risk of disease progression; and 37% objective response rate. In the Education market- Chegg call volume above normal and directionally bullish 13:45 CHGG Bullish option flow detected in Chegg with 4,685 calls trading, 1.1x expected, and implied vol increasing over 3 points to 59.64%. Oct-20 70 calls and Oct-20 75 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.34. Earnings are expected on November 2nd. Scientific Games gets upgrade, Street-high target after structural changes-Ayyyyyy Carumba! Sep. 21, 2020 3:35 PM ET|About:Scientific Games Corporation (SGMS) Last week, a group of institutional investors that included Caledonia bought a 34.9% stake in Scientific Games(NASDAQ:SGMS). The former CEO and CFO of gaming company Aristocrat were also added to the SGMS board. Jefferies is now upgrading Scientific Games from Hold to Buy, saying the ownership and leadership changes could drive "value creation not seen in 20 years." Analyst David Katz thinks SGMS could pursue deconsolidation by separating the tech business from traditional gaming, selling the SciPlay stake, or using SciPlay to raise capital, which could all imply a 20-25% upside to his price target.<---?????? Katz lifts his base case from $20 to a Street-high price target of $50. The upside case is $75, OH VAN! and the downside case is $16. SGMS shares are up 2.1% to $33.64.<--- Why do I think the downside case of $14 will be the outcome for me if i buy...... SHORT REPORT-- - 2nd round of virus Europe Carnival -3% after filing to sell up to $1B worth of shares Sep. 15, 2020 7:23 AM ET| Talk about bad timing. Carnival(NYSE:CCL)discloses that it entered into a $1B equity distribution agreement with JPMorgan, Goldman Sachs, Bank of America and other firms.
Van,,, we are going to have to figure out if it's big boy pants time or not.... I'll have to sell something think to buy this... I don't think I can bring it to my people it's going to be my risk only..... But what a story. UP 8% yesterday in face of selloff! Hand sanitizer to be sold on amazon. Aemetis Starts Production of Branded High-Grade Alcohol Sanitizer Products Aemetis, Inc. , GlobeNewswire•September 21, 2020 Aemetis Health Products Brand to be Sold on Amazon and Through Retail Chains via NewMediaWire --Aemetis, Inc. (NASDAQ: AMTX) (“Aemetis”), an advanced renewable fuels and biochemicals company, today announced commencement of contracted production of hand sanitizer under its branded Aemetis Health Products label for sales to government, businesses and academic customers, as well as directly to consumers via the Amazon Marketplace. “Following through on our plan to address the ongoing demand for sanitizer products and having received FDA label registration and other approvals, we have commenced contracted production of sanitizer products under our Aemetis Health Products subsidiary brand name,” said Eric McAfee, Chairman and CEO of Aemetis, Inc. “Aemetis’ 65 million gallon per year alcohol plant in California is the only large-scale producer of hand sanitizer alcohol in the Western U.S., with other alcohol-based sanitizer products requiring thousands of miles of transport to the West Coast from the Midwest or Asia in order to supply West Coast consumers with alcohol sanitizer products. “A primary initial sales focus for our branded Aemetis Health Products is California and other Western States, as well as the U.S. government,” added McAfee. “Our products meet FDA requirements, and protect consumers from harmful chemicals often found in imported sanitizer products. Our top priority is providing safe, tested products for consumers, and also providing jobs for American workers. Consumers should not have to worry about toxic ingredients or mislabeling from foreign producers, and at a time of economic distress for many industries, jobs should not be outsourced to other countries by using taxpayer funds to purchase foreign products instead of high quality, low cost, domestically produced products.” Aemetis hand sanitizer contains 70% alcohol (gel) or 80% alcohol (liquid) as the active ingredient, along with water and glycerin. Some other hand sanitizer products contain as little as 60% alcohol. Aemetis built and operates a large pharma-grade glycerin plant in India that has the capacity to produce the required amount of refined glycerin for approximately 350 million gallons per year of hand sanitizer.