Ideas For Now-

Discussion in 'Stocks' started by stonedinvestor, Apr 27, 2020.

  1. Jesus we bought this in this thread at $80 I tossed it somewhere over $100.... You even get a 3.7% yield.. what a total return.

    Innovative Industrial Properties, Inc. (IIPR)
    NYSE - Nasdaq Real Time Price. Currency in USD

    133.06+10.13 (+8.24%)
    As of 12:54PM EST. Market open.
     
    #2061     Nov 4, 2020
  2. Tuesday low had a $22 handle I think! OMG.

    Corsair Gaming, Inc. (CRSR)
    NasdaqGS - NasdaqGS Real Time Price. Currency in USD

    26.81+1.82 (+7.28%)<--------------
    As of 12:57PM EST. Market open.
     
    #2062     Nov 4, 2020
  3. Van Wisconsin has spoken. These good people have sent the last Vote in.
    Biden wins. Trump wants a recount.

    Mich? I have not heard.
     
    #2063     Nov 4, 2020
  4. Very Interesting that Healthcare is the sector that perked up best and first...
     
    #2064     Nov 4, 2020
  5. vanzandt

    vanzandt

    And infrastructure tanked.
    VMC is down 8%, $12.
    $138.
    Safe short with a $143 stop.
    It'll head for $120.
     
    #2065     Nov 4, 2020
  6. Infrastructure & Banks... I had a huge earnings beat and 5 days of gains wiped out in NGVT on puke volume. It's so annoying! No one is going to buy anything but tech ever again, the rotations out are too short.. it's like crack.
     
    #2066     Nov 5, 2020
  7. -GOOD NEWS BAD NEWS-

    i Phone 12's must be selling well because Apple has had to put parts rom crappy i pads into them! & shortage of power chips....

    Iron Mountain gets no respect. They are old school they store your paper records in deep dark caves... they have always had a 6% yield but the price fluxuates between $26 & $28 nothing more. Now the truth is the Co has moved into groovy data warehouses & that cloud crap but for most Iron Mountain will always be the place that old court cases and UFO sightings go to be packed away along with corporate records and whatever else still creates paper in this society.

    Iron Mountain reports Q3 adjusted EPS 31c, consensus 25c 06:10 IRM Reports Q3 revenue $1.04B, consensus $997.16M.

    I have nothing to sell you yet but my stock price is $200+

    Piper says Mirati now 'prime' biotech takeout candidate, boosts target 05:02 MRTX Piper Sandler analyst Tyler Van Buren raised the firm's price target on Mirati Therapeutics to $260 from $210 and keeps an Overweight rating on the shares. The stock closed Wednesday up 6% to $234.68. Mirati shares are trading like the company is going to be acquired, and "rightfully so" as adagrasib appears to be the best-in-class KRAS G12C, Van Buren tells investors in a research note. The analyst has a high level of confidence in adagrasib's approvability and its potential to take a "majority share" of the $5B-plus KRAS G12C market. Most large pharma companies that play in the solid tumor/targeted oncology area are interested in an asset like adagrasib and an acquisition "could come in the very near future," says Van Buren. He thinks Mirati Therapeutics has become the "prime biotech takeout candidate."

    I Found An Article That Supports My View on BCRX a baby bio that has been in the Ideas For Now account since about page 10.
    Long Ideas
    |Healthcare

    Summary
    Recent Japan PAFSC Review clearance and UK early access for Berotralstat should portend a positive result for December 3rd US PDUFA. <------VAN

    BCRX has an institutional hold of around 90%.

    There is a 38 million share short position.<-----VAN

    Institutions own 90% of the float.

    Galidesivir, BioCryst's government-funded antiviral, qualifies for approval under Animal Rule.

    Berotralstat Recent Development

    BioCryst(NASDAQ:BCRX)develops novel, oral and small molecules that inhibit enzymes that play a key role in biological pathways of rare diseases. With theJapan PAFSC Reviewclearance and UK early access for Berotralstat for the treatment of Hereditary Angioedema (HAE), BioCryst is in a position to finally cash in on 20-plus years of R&D. Berotralstat (commercially called Orladeyo) is an oral, once-daily, small molecule kallikrein inhibitor positioned to capture a significant share of a $1.5 billion market. This market is expected to grow to $5.8 billion by 2025. This market is currently dominated by Takeda(NYSE:TAK)and CSL Behring LLC which offer preventive and rescue therapies. These therapies require intravenous or subcutaneous administration which is highly invasive and time consuming. The HAE market is clambering for an oral solution, and Orladeyo is here to fill that void. The current solutions cost approximately $600k per year, and BioCryst is hinting it will charge $500k per year for its daily oral pill. The US PDUFA for Orladeyo is scheduled for December 3rd. After the recent Japanese and UK events, it would be hard to believe Orladeyo will not be available in the US soon. BioCryst has already hired a highly experienced 16-person salesforce to sell Orladeyo and is expecting revenues to be generated as early as the fourth quarter.

    With at least five major catalysts in the next eight weeks, we could be looking at quite a short squeeze.

    Recent events-INSIDER BUY
    While BioCryst the stock has been struggling in the market, BioCryst the company has accomplished several significant milestones. There must be a reason why the firm's CFO recently spent half his yearly salary buying 50k shares of BCRX on the open market at $4.08 per share.According to the recent investor presentation:

    Other Factors

    Galidesivir

    • The Covid-19 monkey trial data is due in Q4. Phase I Brazilian trial for Covid-19 is due Q4. (I have been waiting soooo long)
    • BCX9930 Oral Factor Dfor Covid-19.
    • The 200/400 Cohort 2 data for PNH is due in Q4.
    CX9250

    The Fibrodysplasia Ossificans Progressiva (FOP) Phase 1 data is due Q4.

    Rapivab

    There is the possibility for future government stockpiling for seasonal influenza.

    The Pipeline
    Berotralstat

    Berotralstat (Orladeyo) is a revolutionary treatment for Hereditary Angioedema (HAE).

    BioCryst's lead compound, Orladeyo, is designed to be an oral once-daily capsule that prevents HAE attacks. This drug targets a disease that currently is treated by injectables costing approximately $500-600k a year. BioCryst estimates Orladeyo will cost $500,000 per year. HAE is currently a $1.5 billion market and is expected to grow to $5.8 billion by 2025.

    Galidesivir

    This nucleotide RNA polymerase inhibitor disrupts the viral replication process and has the potential to treat multiple viral threats. NIAID is currently testing Galidesivir for treating Covid-19 and Yellow Fever. Galidesivir was safe and generally well-tolerated in a Phase 1 clinical human trial. Galidesivir demonstrated survival benefits in animal studies against a variety of serious pathogens, including Ebola, Marburg, Yellow Fever and Zika viruses. Galidesivir demonstrated broad spectrum activity in vitro against more than 20 ribonucleic acid (RNA) viruses of nine different families, including coronaviruses, filoviruses, toga viruses, bunya viruses, arenaviruses, and flaviviruses.

    In 2013, NIAID contracted BioCryst to develop Galidesivir against a broad spectrum of viruses. Then, in 2015, the Biomedical Advanced Research and Development Authority (BARDA) issued BioCryst a contract to develop Galidesivir against possible bio attacks. Galidesivir qualifies for approval under the Animal Rule. The Recent $44 million contract is geared towards producing a possible oral antiviral for Covid-19. Galidesivir is finishing animal trials for Covid-19 while simultaneously finishing up Phase 1 dosing trial in Brazil. Both these trials should have results released in Q4.

    BCX9930 - Oral D Factor

    BioCryst management refers to Oral D Factor as a pipeline in a molecule. The recently completed Phase 1 study treating PNH produced encouraging data for this indication. The Phase 1 data while early clearly shows BCX9930 a serious player in the Factor D market. This market is valued at $10 billion-plus. BCX9930 has Orphan Drug Disease status and has been designated fast track status as well. BioCryst will be meeting with the regulators in the fourth quarter discussing advanced development programs for multiple indications. The company plans multiple advanced development clinical trials, for multiple indications, in the first quarter of 2021. Factor D markets include:

    • PNH paroxysmal nocturnal hemoglobinuria
    • Atypical hemolytic uremic syndrome
    • Glomerulonephritis PNM primary membranous nephropathy
    • Vasculitis antineutrophil cytoplasmic antibody-associated vasculitis
    • Lupus nephritis
    BCX9250 - Oral ALK-2 inhibitor

    BioCryst with BCX9250 is pursuing activin receptor-like kinase-2 (ALK2) inhibition in the race to stop fibrodysplasia ossificans progressiva. BCX9250 has Phase 1 data due in the fourth quarter.

    Rapivab (peramivir injection)<----

    Rapivab is approved for the treatment for the flu. BioCryst recently sold the US government $7 million worth of stockpiles. Rapivab is approved in many countries.


    Galidesivir-Galidesivir could easily be worth $2-6 billion with the right approval.) ) ) )

    Berotralstat

    Berotralstat has Japanese approval and was designated UK early access. US approval should follow in the next two months. Being the only oral treatment for PNH, Berotralstat could easily gain 30-50 percent market share of a current $1.5 billion market. This market is anticipated to grow to $5.8 billionby 2025. Berotralstat could have sales of $300 million to $1 billion and easily garner a multiple of 4-6 times sales. This would be $1.2 billion on the low side to $6 billion on the high side.

    BCX9930 Oral Factor D

    BCX9930 is potentially the most valuable asset in BioCryst's pipeline. BCX9930 has Orphan Drug and fast track approval for PNH.

    Developing a successful Oral D Factor drug will create revenue in eight or nine very valuable markets.

    The Conclusion
    It's one thing to short 22% of the float in a biotech stock hemorrhaging money, but is kamikaze insane to be caught in this position in BCRX. BioCryst is within a quarter of potentially producing hundreds of millions in yearly revenues. Institutions have quietly acquired over 90 percent of all the shares outstating in BCRX, leaving an actual float, outside of institutional holdings, of 17 million shares at the most. Say institutions believe the stock is worth 30 or 40 dollars a share, where do the shorts find 38 million shares to cover this position.
     
    #2067     Nov 5, 2020
    vanzandt likes this.
  8. Ok pure hunch time. I've always been terrified to get that ringing in the ears.... for some reason, like hiccups that never end, I am deathly afraid of geting that ringing....
    I Hear Ya! This is an Ear play!


    Piper Sandler likes risk/reward on Otonomy ahead of two readouts by year-end 18:31 OTIC Piper Sandler analyst Tyler Van Buren keeps his Overweight rating and $10 price target on Otonomy ahead of two "important" data readouts by the end of 2020 and early 2021, saying he likes the risk-reward on the stock//. The analyst notes that data from all patients in the Phase I for OTO-413 is expected by year-end, where he is most interest in the SiN hearing tests and changes in global impression to gauge efficacy.

    PART ONE OF STONEY BARBELL STRATEGY PAYING OFF!!!

    GDDY

    $79.78 +5.64(+7.61%) <-------
    4:00 PM 11/04/20
    Pre-Market:$82.00+2.22(+2.78%)<--------------

    GoDaddy reports Q3 total bookings $945M, up 11% y/y 17:29 GDDY Or up 11.2% on a constant currency basis.
     
    #2068     Nov 5, 2020
  9. << Update Harvest HRVSF >>

    Most recent quarter (Q2, which ended June 30)

    Revenue topped $55.6 million, continuing the company's lock-step march higher from just over $19 million in Q1 of 2019, and more than double the $26.6 million recorded a year ago. The company still lost about $18.3 million, or five cents per share, but that was sharply reduced from the year-earlier loss of $25.5 million, or nine cents per share.

    Better yet, Harvest has meaningfully reduced operational costs by more than a third over the last four quarters, and its adjusted EBITDA turned positive for the first time. That's a promising turn of events for a small company in an industry where losses and out-sized spending are rife.

    And it's all the more interesting in light of Tuesday's vote.

    Harvest currently operates 16 medical-use dispensaries in Arizona, and has the legal authority to operate 22. Potentially more important is the fact that the so-called Smart and Safe Arizona Act (as Prop 207 is also known) would give owners of existing medical-marijuana dispensaries first shot at applying for retail licenses, based on the number of medical-marijuana licenses they have.

    For Harvest, that means as many as 22 retail licenses - roughly 15% of all the existing licenses in the state, at the moment. That's a potentially huge windfall for the company, because it means that competition in the first few years will be limited to existing players, giving Harvest a leg up
     
    #2069     Nov 5, 2020
  10. I'm Baaaaaaack

    Ingevity Corporation (NGVT)

    Visitors trend2W10W9M
    59.21+2.91 (+5.16%)
    As of 10:13AM EST. Market open.

    Check this out that's on 14,000 shares I shit you not. Yesterday on 30K it was down a similar amount how is this so ill liquid?.... and boy I'm not going to talk my book but what would happen if I just smoked a huge one and put in a order for 13,000. Well I couldn't afford that but what of someone did? Would this thing not skyrocket?
     
    #2070     Nov 5, 2020