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OMIC .38 - if OMIC were to liquidate right now, my guesstimated mathematics show a 5-bagger+ from this current pps of $.38 with their abundance of remaining cash - dare to dream?
There were 73,125,481 shares of common stock, $0.0001 par value, outstanding as of July 28, 2023.
Total stockholders’ equity $218,388,000.
https://capedge.com/filing/1850906/0000950170-23-040570/OMIC-10Q-2023Q2
OMIC .38 - if OMIC were to liquidate right now, my guesstimated mathematics show a 5-bagger+ from this current pps of $.38 with their abundance of remaining cash - dare to dream?
There were 73,125,481 shares of common stock, $0.0001 par value, outstanding as of July 28, 2023.
Total stockholders’ equity $218,388,000.
https://capedge.com/filing/1850906/0000950170-23-040570/OMIC-10Q-2023Q2
Cape d’Agde France...Nice! Planning a trip to Nimes in early October to see the local roman amphitheater, the aqueduct at Pont Du Gard, old town Avignon, and maybe the beaches if not too cold. Let me know of any other worthy sightseeing/hiking suggestions?
Bonnes Vacances...
OMIC .50 - this biobust is waaayyy oversold...loading the proverbial truck. Approx. $3.00 Book Value (mostly cash) with a (.35) quarterly burn on 73M O/S plus some preferred which could add 2.5M to the O/S if/when converted...
https://capedge.com/company/1850906/OMIC
GCT - https://capedge.com/company/1857816/GCT
My fav site for overall basic stock data.
Carry on...
"Dow Jones Industrials just had its 13th straight green day, its longest winning streak since January 1987 👀 Did anything interesting happen in 1987?"
I vividly remember February 1987. My small construction business was averaging $90K gross-monthly-sales for several years when in February 1987 my gross-monthly-sales nosedived to $20K and flatlined at $20K monthly avg. thereafter until I closed the doors on that construction business...
"I am simply frustrated in watching a market so highly manipulated on a daily basis"
Another most profound nugget!
Do you ever take a vacation...NYC, Grand Canyon, Sud de France oohhh la la?
Secondly there's always some risk of a forced buy in if the shares are no longer available for shorting.
Good overall explanation, thanks...and another reason I have come to loathe 'shorting'. The "can't lose until you sell" does NOT apply to shorting...the broker can snatch your underwater-short-position at anytime forcing you into a loss.
And for you wanna-safe-short-position "put" buyers, check out the "put" prices on wayyyy overpriced PPSI, ridiculous....
None right now...
Buying puts (or calls) is no different than gambling on a casino game imo...SELLING puts or calls is moving to the correct side of the blackjack table, so to speak.
This VMC-posting-group is incredible at finding really good stocks that for one reason or another have been sold off way too cheap...numerous tickers over the years...why not just wait patiently to buy one of these deep value stocks and when it continues falling, feel comfortable adding?
Shorting has zero mathematical "value" imo and doubling down any short position is an onset to a most undesirable rabbit-hole...
I have failed in my EVERY short endeavor over many years...kinda like betting at the horse track - loserrrr everytime.
I still don't understand how one assesses a "value" in any short trade? Do you short at 100 PE, 250 PE...and when it goes to 1000 PE (as they often do) does one double down? Super high risk!
I'm still at about 90% cash as my crystal ball is showing the likelihood of a temporary collapse...but I have no further interest in 'shorting' anything...
Happy Summer Vacation Everyone...
Etrade offers an immediate sweep back & forth from your trading account into an FDIC insured 'premium-savings' account currently paying 3.85%...
https://us.etrade.com/bank/premium-savings-account
And I now see that a-trade offers 3-month-CD's at several banks...
SWVXX - it's just too easy a task to buy 'INSURED' deposit instruments (such as CD's) than to assume any risk with all of the redundant 'non-insured' boilerplate on these money-market-funds, imo?
Each to his own risk tolerance, but I'm guessing nelson, michael t and jtomm had some very sweaty palms back when Lehman went tits up...
Independent Bank is offering 5.2% for a 6-month CD and I intend to park a bit of cash there.
Gracias for the detailed "money-market-fund" explanation.
MM fund SWVXX - are you still trading these (every 7 days) at tdameritrade? Aren't you concerned with all the "non-insured" boilerplate verbage on the website?
I've gone to 90%+ cash. I intend to still actively trade but only very short term as the likelihood of a temporary all-out collapse is just too great.
PPSI 4.46 - files formal 10K afterhours. As expected, I still see many bumps-in-the-road ahead as with most all other solar-sector stocks. I sold for a tidy profit last week in the mid-3's and think this one has way outrun itself...should be a nice trader tho as the solar-sector will prove to be an inevitable slam-dunk down the road sometime, somewhere.
Also still like SUNW and continue to believe ISUN is a borderline outright-scam the way ISUN management abuses all reality...
PYXS 3.95 - haven't seen such an erratic yo-yo stock in a long time. The sizzle of the Pfizer connection is strong...
PPSI 3.05 - joined in with a 1st position intending to hold some shares longterm. The "solar-sector" is a can't miss sector and this is the only under-$10pps I can see with even close to earnings.
PYXS 6.25 - I got juked out again with all the whipsaw action. Same with CABA and SERA very recently (shoulda just held on)...made decent money with all 3 buying them lower with a few flips in between but completely whiffed on the eventual WHOPPER-BUCKS.
Oh welp, c'est la vie...intend to hold the rest of my brutally beaten down cashfat-biobusts for longer periods (fingers crossed). I plunged on more BOLT shares after yesterday's news and holding tight on NXTC, PASG, and XBIT, adding as they dip...
PYXS - I believe they are licensing a trial drug from Pfizer?? Not sure tho...
PYXS 2.90 (in afterhours) - did Pfizer just buy another 1.8M shares of this little obscure cashfat-biobust on 3/17?
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=117351884&type=HTML&symbol=PYXS&companyName=Pyxis+Oncology+Inc.&formType=4&formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&dateFiled=2023-03-21&CK=1782223
CUBI 18.73 - took a starter and immediately sold the April-$20 call at $2.70...that's a 14% premium, under strike, for 5 weeks.
My crystal ball is showing a FED gone extremely funky and no way they'll allow the banking system to fail!
REUTERS 3:42 PM ET 3/17/2023 - First Republic Bank(FRC) is in talks to raise money from other banks or private equity firms by issuing new shares, the New York Times reported on Friday, citing three people with knowledge of the process.
First Republic did not immediately respond to a Reuters' request for comment.
Who knew...gdmanipulation
So why don't you just wait patiently for the capital raise (i.e. manipulation)? I would/am! Keep me posted tia?
What about CUBI...still like it at $17's? I don't follow the banking sector at all but I do trust this board's lead. CUBI option premiums are well above 10% for 30 days...WOW. One could almost trade blindfolded getting a 10% premium per month...and those mathematics are here and now in the 'banking sector'.
The majority of these so-called 'analysts' should be embarrassed?
Oct. 14, 2022, 11:15 AM
Wedbush analyst David Chiaverini maintained a Buy rating on First Republic Bank (FRC - Research Report) today and set a price target of $135.00. The companys shares opened today at $125.50.
https://markets.businessinsider.com/news/stocks/wedbush-keeps-their-buy-rating-on-first-republic-bank-frc-1031806867
Does anyone really take them seriously...
FRC 27.50 - bought back at .50 the options I previously sold at 4.20 and moved them over to Mar24 - $28 calls at 6.70.
Plenty of room for mucho errors at 20%+ per week...roulez les bon temps
MSN .54 - adding in weakness...is anyone else in this? Wade?
FRC 32.85 - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. are in talks to deposit $5 billion of their own money each into First Republic, the people said. Morgan Stanley and Goldman Sachs Group Inc., as well as regional banks U.S. Bancorp, PNC Financial Services Group Inc., PNC 3.91%increase; green up pointing triangle and Truist Financial Corp. TFC 0.62%increase; green up pointing triangle would all kick in smaller amounts, the people said.
I'm confident that "deposit" means no purchase of stock at some lowball pps? Should be safe for one more day of options exposure. I actually bought more at the open for 20.50 and immediately sold the $20 Friday call at $5...a cool 20% for two days of exposure.
Still have sweaty palms....
GERN 2.62 (-.12) - a stock that I don't watch regularly, your interest enticed me to take a peek at the option premiums with expectations of possibly being sky high (like FRC) on upcoming news...huge let down...not much interest there or here?
Wonder who was selling today.............
This market is all smoke and mirrors. "smoke and mirrors" or "manipulated"??
Can't speak for the other boardmembers but I'm getting a bit confused? SHEESH
FRC 32.60 - joined you here with the Friday $35 call fetching well above 10%. Don't remember ever seeing a premium that high for 2 1/2 days?
NXTC 1.57 - files Q4...https://finance.yahoo.com/news/nextcure-provides-business-reports-full-210500633.html
Adding slowly here as my math shows that AFTER two more quarters of burn - 1/2cash will be at $2.50...or...I'm expecting this company to still have $5.00 cash-per-share after 2 more quarters of burn?!
Gotta love all the "fixed" fixation, n'est ce pas wade?
How profound! I feel so enlightened to have read this post....
Who are you posting this to? Of all places to offer an "otc-stock" lesson? And no mention of any nefarious 'manipulation's? Could it be VASO has no 'manipulation' whatsoever...perish the thought??
wade, I took you off ignore...I have a hunch that it will only be brief...
...dementia creep, possibly?
MSN .55 - I'm showing MSN to be trading 1/2 BV with minimal losses (.01 loss in Q3). Great risk/reward here imo in this overdone selloff as a potential buyout candidate or another divvy of their large pile of cash. Anyone else buying .50's?
AGAE 1.16 - sold out my entire position this week at 1.20's. After further deliberation, not only was that December selloff worrisome but also the increasing 'china' ownership connection.
Too many other cashfat plays with zero 'china' connection out there for me to risk exposure to a probable 'china-stock':
See beaten down cashfat-biobusts:
NLTX, ONCR, PASG, BOLT, TALS, TCRR, PYXS, NXTC, XBIT...