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gilead23

11/21/23 5:21 PM

#108889 RE: wadegarret #108888

As the resident expert on Gilead let me chime in.

He has expressed skepticism about the company from day 1, but continued to buy shares on earnings day which is evidenced from the wide range of prices referenced in one of those messages you so diligently curated.

What may be difficult for some (well Wade) to understand is you can both be skeptical about a company, and believe it’s a great trade. If Gilead has not felt this was the case he would not have doubled down at lower prices as the trade went against him.

From what I gather all of the research Gilead did after the fact was to try to determine if this was a good investment or just a good trade. Gilead understands the difference
.

Gilead also thinks running to researcher for validation is a little bitch move. He mentioned to me in confidence that this is wades MO when he’s wrong. He first tries to insist he was right, then he goes to researcher for validation, then he finally claims the market is manipulated against him.

He did mention to me that he was not going to dunk on wade after yet another bad call this morning, but he’s reconsidering.

Nice guy that Gilead

END THIRD PERSON

And for anyone else my current belief is this is in no way a no brainer at current levels, and if anything seems overextended, but may be worth significantly more than the current price if its legit.
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researcher59

11/21/23 6:08 PM

#108894 RE: wadegarret #108888

Wade - DRCT - there's a big difference between a short term trade and a long term investment. DRCT is not investment grade, imho, but still an excellent buy for a quick trade at $3.50. Who knows how legit the number are ? That's going to be important long term, but since nobody except insiders know for sure, traders were probably going to drive it higher in the short term. And that's exactly what happened. Even if it's just a 50/50 chance the numbers are legit, the stock is still worth a lot more than $3.50 on those probabilities. That's simple math.

I bought a very small position despite having doubts about the financials. I still have those doubts.