COVID-19 test provider selloff on Abbott approval overdone, says Piper FLDM, QDEL, FLGT, LMNX, VIVO, ABT After the FDA yesterday approved Abbott's rapid antigen test, companies with COVID-19 tests sold off, many of which pulled back 30%, Piper Sandler analyst Steven Mah tells investors in a research note. The analyst believes this is an overreaction and presents a buying opportunity for test providers Quidel (QDEL), Fluidigm (FLDM), Fulgent Genetics (FLGT), and Luminex (LMNX), and companies that provide COVID-19 testing reagents, such as Meridian Bioscience (VIVO). Everyone except OSUR it seems... If I was Pfizer I would buy OSUR ASAP. While acknowledging the low-price and scalability of Abbott's lateral flow test in terms of patient access, Mah notes that many of the companies above already have long-term COVID-19 testing contracts. / / / VAN DO WE " GROW " Again? -- I have some money that should be clearing 3 day hold period and I need a Big winner. -The Schall Law Firm, a national shareholder rights litigation firm, announced today that it has closed its investigation into claims against GrowGeneration Corp. ("GrowGeneration" or "the Company") (NASDAQ:GRWG) for violations of securities laws, as its investigation did not uncover any evidence of securities laws violations. No lawsuit regarding this matter has been filed against the Company or its officers and directors. GrowGeneration Corp. (GRWG)? 16.34+1.28 (+8.53%) At close: August 28 4:00PM EDT
I am leaning towards BERY- $52.50. This " Value " stock is starting to look sexy. Letter From Rhizome Partners' -- "Berry Global – During Q2, Berry Global’s share price increased 31% from $33.71 to $44.32. We increased our Berry Global positions by roughly 7.5% during the quarter. Due to our familiarity with the plastic packaging business, we also started a position in IPL Plastic which we will discuss later in the letter. With the proceeds from selling Berry Global puts, we created an 80/20 allocation between Berry Global and IPL Plastics. As we predicted in the previous letter, Berry Global has performed exceptionally well during the pandemic. During Q1, the company reported 2% organic volume increases. Two thirds of the business is recession resistant and should experience volume growth during the Pandemic. One third of the business has more cyclical exposure to industrials and automobiles and should experience some volume decline. The company guided to 2% volume decrease companywide for calendar Q2 and Q3. This is an incredibly recession resistant business that generates free cash flow year in year out. We believe that the increased use of protective garments and face masks will drive demand for Berry’s health and hygiene products. Consumers stocking their pantries and household cleaning products will likely lead to volume growth. Berry also confirmed its guidance for $800mm of free cash flow for the 2020 fiscal year. Since becoming public, Berry has never missed annual free cash flow guidance. This is a testament to the “bond‐like” characteristics of the business. Integration of the RPC acquisition is going well. During calendar Q2, Berry redeemed $500mm or roughly 5% of the debt outstanding which will save the company over $25mm in annual interest expenses going forward. This is an incredible counter cyclical accomplishment during one of the worst economic crises in history. It appears the market is starting to appreciate these attributes of Berry." I like BERY.-!
... Alright back to the CEO of Draftking warning about SPAC's... I wonder I just wonder about... Flying Eagle Acquisition Corp. Finally, theFlying Eagle Acquisition Corp.(NYSE:FEAC)is a $600 million SPAC that IPOed in March 2020. The SPAC is keeping its options open by not narrowing its search to a specific target industry. The SPAC is led by Jeff Sagansky and Eli Baker. This team is coming off of a huge victory in a prior SPAC that tookDraftKingspublic in early 2020. DraftKings has been a poster child of the SPAC boom, and has seen its stock price rise significantly after announcing the SPAC IPO deal. >>>>> BERY GWRG FEAC >>>>
OPK was $4.67 Mon. $3.90 on Thurs.... & $3.34 Presently. >>> I've never shorted before but this is the one I suggested for you Van...
Alright One last good idea... This Builders FirstSource they bought a company and everyone loves the buy! Barclays upgrades Builders FirstSource on 'well-timed' merger with BMC 06:25 BLDR, BMCH Barclays analyst Matthew Bouley upgraded Builders FirstSource (BLDR) to Overweight from Equal Weight with a price target of $36, up from $26. The merger with BMC Stock Holdings (BMCH) brings "well-timed" increased scale for a housing market that is likely to face increasing labor shortages, Bouley tells investors in a research note. This is a "strong tailwind" to Builders FirstSource and BMC' offsite-manufactured products, leading to growth outpacing the market, says the analyst. Bouley views the $130M-$150M in targeted synergies as achievable with upside potential./// RBC follow suit-- BMC Stock Holdings price target raised to $49 from $39 at RBC Capital 06:48 BMCH, BLDR RBC Capital analyst Michael Dahl raised the firm's price target on BMC Stock Holdings (BMCH) to $49 from $39 and keeps an Outperform rating on the shares. The analyst notes that his target is based on the updated Builders FirstSource (BLDR) price target and the previously stated conversion ratio. Dahl also sees "little" regulatory risk for the deal, which is expected to close in late 2020 or early 2021. BLDR $31.70 presently.... ///// Alright Ideas For Now Next week... BLDR @ $31.70 // BERY @ $52.50 I feel strongly about these two. Spec-- GRWG/ FEAC.... Will Grow take off again? Will FEAC SPAC merge with Sportac?
El Dorado is now called Ceasers! I feel pretty stupid. I think I'm not sure I think El Dorado is frozen on Yahoo Finance every time I looked it was $38 leading me to believe it was a dud. But in my E trade account it now says (or at least it did last week) Ceasers and I have this 20+ % profit... I don't want to rock the boat...
Van that non lethal Bolo zapper is pretty cool. My problem with it is you cannot use it i don't think on a person laying on the ground close to the ground. It appears like you have to be standing. I like how it's ancient tech from the caveman days (or close).
This vid is freakin' funny! Bola Ball sort of guy just appears to throw a tennis ball at a guys nuts! (Patent Pending) is the funny part...
Van I'm doing a test. I ate gummy to see if I could invest like that. And I don't usually get off at all with edibles I'm too large, and eat too much but I took one this morning without any food and it's been about a half hour and suddenly the keys on this laptop appear to be moving slightly and talking to me.