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Re: None

Friday, 05/03/2019 1:05:00 PM

Friday, May 03, 2019 1:05:00 PM

Post# of 217
LWLG is starting to firm up, having held at .86 yesterday and so far today. Currently it's re-testing former support at .90 (which is now resistance). In the period ahead we might see it move up to test the 200 MA (.94) and then it wouldn't be surprising to see it return to retest .85 and then possibly .80 in the absence of positive news. Still early though, so will see how the support/base develops over the next week or so.

SNES is taking a breather at 1.83. It could use a modest pullback / consolidation before resuming the climb to 2.00.

VTGN - one of their two key trials bombed, so the stock was cut in half yesterday. You could see it coming, but several of the guys on the VTGN board had huge positions.

LYFT looks like it might be ready for a bounce after it's less than inspiring post-IPO performance.

PINS - air still coming out after the big IPO pop, so will see where it settles in over time.

BYND - Best performing IPO in a long time. Market cap now up to $4 bil. Much above $5 bil seems like a stretch at this point considering revenues are only $88 mil, albeit growing fast. The stock might make it to 100 (currently 71) prior to a pullback, or maybe not. Looks like an interesting company, and probably gets bought out eventually by one of the big food companies.


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