Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There was a downgrade today :
Avita Medical Price Target Cut 15% to A$10.50/Share by Bell Potter
I see that, wow. I think I will continue to watch. Off topic, I asked about Jugs, someone said "he passed". I hope that means he left this board vs passed away. I like his posts....
Wow, this used to be a very active message board. I've been out and gone for quite awhile. Very little action here. And I don't see Jugs either!? I was thinking the stock, like many, has been a victim of the pandemic. Is that the consensus? I'll have to go back, read, and catch up.
yes they are.... but everyone needs to remember how hot this stock was before the DA. It was thee hottest stock. There's a reason for that. Even Cramer said this selling was orchestrated.
OMG: seriously? This board is supposed to be better than the Yahoo finance message board. You do realize companies go public to raise cash, right? Like the 4.4 billion dollars they just collected?
Or, big money is shaking the tree to weed out weak hands. That's my belief. Saudi's own 66% of Lucid, so that leaves a precious 34%.
Valuation? After the terms of the deal were disclosed, I calculated a fair value of $45.60 per share. Did anyone else come up with a valuation? Thanks. p.s the Yahoo Finance board is RETARDED. There are like 50 posts per second and you simply can not get any good information.
Sounds good, why the muted response???
Yikes, my bad, that was a sell. :(
Insider buying .... check it out. The biggest buy was by the ceo ....
Thanks Jugs! Much appreciated. :)
What do you think of PAA Jugs? CNBC just recommended it. They say it is the 3rd largest pipeline company AND they just announced a 500 million share buy back. Sounds solid.....
Thanks for the tip Jugs. Man, what a year for oil stocks.
I think it is because they fired the ceo of spaceport america today, maybe leading investors to think the launches will be delayed as a result. IMO, this is an bigtime over reaction.....
https://www.lcsun-news.com/story/news/local/spaceport/2020/07/10/spaceport-america-ceo-dan-hicks-accused-abusing-authority-former-cfo/5418477002/
What did I miss? Bar has changed his tune? You have been a long time critic, not a long. What happened. Did the virus get you???
I say that because it went down 9% in 3 days while the market and oil was going up. Of course it's having a good day today. Maybe I watch it too closely.
Is there a Doctor in the house? If so,please check the pulse of NGL. It looks sicker than a dog with limes disease.
Any thoughts on the new insider filing? Good news to me...
Limbo is right. My $5 Jan 2021 calls which I thought were a slam dunk are looking bad. NGL has to go through another -.20 cent move on the next distribution. Maybe I should have bought the $2.50 calls, LOL.
This part was scary though : "NGL Energy Partners LP's (NGLEP) B1 Corporate Family Rating (CFR) reflects its high financial leverage, heightened volume and counterparty risk following a collapse in upstream drilling activity and the bankruptcy of its largest shipper on the Grand Mesa Pipeline. Tight capital market conditions have raised its cost of capital.".
This was posted on Yahoo. Looks positive.
https://finance.yahoo.com/news/ngl-energy-partners-lp-announces-203900730.html
Not an exceptionally big move off this news, but it's still positive. I've been building a position in the Jan 2021 $5 calls. They are cheap and I really believe we get a vaccine by then and oil demand among everything else will start roaring back. Best of luck....
Timothy Sykes is an old washed up flash in the pan investor from the 1990's. Wouldn't take a word of advice from that dude. Bought 21,000 shares this morning at $4.99. I'll figure out the news later.... Best of luck......
Any news on today's sell off? Yahoo finance message board suggests there is some sort of insider / institutional lock out date ending tomorrow and that is the cause of today's sell off. But I am not aware of anyone owning shares where they had to hold till 7/22/2020 !?!? Anyone know anything regarding this, thanks....
Terrific response Melody, thanks. I'll be back in once this pandemic is over assuming RCEL is still on track with its milestones.
Been out of RCEL for awhile. Reason: Covid-19 epicenter stocks are too enticing. Most are sure fire 200% gainers from here after vaccine comes out and they return to their pre pandemic prices. Anyways, about RCEL: someone mentioned the Aussie stock being down as the reason for RCEL also being down today. Since the company is/has moved to the USA, why hasn't the stock decoupled from the Aussie dollar? Thanks.
I don't know how you can say this. NGL has lost half its value in the last 25 days and is still going down on a daily basis. Yet no one is talking about why. Bar is the only one here sounding the alarm. Good for him. At least the Yahoo board suggests the problem is regarding the impact of the XOG bankruptcy on NGL. I've out for a long time here, and looking for a reason to get back in. But oil is a train wreck of an investment. Jugs was right about this months ago. I like this company but appears too risky. Best of luck....
Good to know, I did not know that. Thanks.
Yesterday, before the AH news, someone bought 32,120 contracts at the $150 strike price set to expire tomorrow. However, today, the open interest does not reflect those contracts. TDAmeritrade still shows 9000 contracts today, as it did yesterday. Can anyone explain that? Thanks.
I'll be machiavellian about this. The economy simply needs to open and the most vulnerable to the virus needs to remain sheltered in place. Shutting the economy is worse than the virus.
Wow a buyout! Wouldn't that be great finale!
Maybe, but we certainly don't need anymore damn bad press...
wow, you can't make this stuff up :https://www.caixinglobal.com/2020-04-11/more-pain-for-luckin-coffee-as-app-targeted-in-privacy-sweep-101541544.html
That article seems out of touch doesn't it? Do you think they are basing these price valuations with the knowledge of what has recently happened with the fraud? I had a ball park figure of LK shares currently worth $13. That's based on .7 billion of actual revenue for the last 3 quarters. Either way this is company will get past this and the share price will recover, but a $38.80 12 month price target??
New Competitor Alert?
As I was reading an article for a bio company (ticker: MNK), I saw this verbage:
"Apart from terlipressin, the company has another key pipeline candidate, StrataGraft. The company has successfully completed a phase III study, evaluating the regenerative skin tissue candidate for treatment of severe, deep partial thickness burns in 2019. The company plans to file a biologics license application seeking approval for StrataGraft in the first half of 2020. Another mid-stage study is evaluating the candidate in patients with severe, full thickness burns.".
https://finance.yahoo.com/news/mallinckrodt-completes-nda-submission-kidney-125012888.html
Just a heads up....
I got my $ss kicked over at NGL. Is is safe for me to get in here? Permission to come aboard Captain.
Thanks for that heads up bar. I'm now out completely now. Better safe than sorry. I took a loss, but am making a killing on other stocks, so this loss will just be a blip on the radar. I found this other stock that looks incredibly cheap... it's call Enron. Just kidding. Thanks to all and best of luck to you.
NGL announced dividend payout for preferred shares but did not mention the common shares. Is this unusual? Also, we were off to the races today until RBC downgraded us to hold.
Circuit breakers will kick in tomorrow.. The jump in virus cases is the cause I believe. Man... we can't seem to get ahead of this devilish thing.