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Joined the CYDY party at 1.44... hopefully not too late :popcorn: 

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1 hour ago, [icon] said:

Joined the CYDY party at 1.44... hopefully not too late :popcorn: 

chet hasn't sold a share and is thinking about buying more later this week.

probably

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1 hour ago, Todem said:

House money......but I will add to it....put a trailing 20% stop loss on the rest good till cancelled. 

If the stock goes up another 20% from here...move the stop price up.

This ride will end at some point.....and it will be a massive drop when it does. 

Good stuff. I put a stop on it at 900 an hour ago and will adjust as it moves. Locks in nice profits no matter what. 

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I can't remember where I saw the comparison, but it was along the lines of "Volkswagen sold 10 million cars last year and has a market cap of $90 billion. Telsa has a market cap of $150 billion and sold 370,000 cars."

I am sure it makes sense to someone, but that someone isn't me.

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5 minutes ago, Walking Boot said:

I can't remember where I saw the comparison, but it was along the lines of "Volkswagen sold 10 million cars last year and has a market cap of $90 billion. Telsa has a market cap of $150 billion and sold 370,000 cars."

I am sure it makes sense to someone, but that someone isn't me.

That’s not as much the problem. It’s fine to give some potential growth. It’s just the quarterly results beat revenue expectations by 4% and the stock goes up almost 10% the next day. Okay, not bad. It has then gone up almost 50% the next two days. That’s a disconnect with financials. That’s a short squeeze like no other. It’ll pop at some point.

I’ll put it in perspective of Amazon which is a high growth stock. Both just reported earnings. Amazon’s stock is now a little more than double Tesla’s but Amazon’s revenue and EPS are both about 12 times what Tesla’s best quarter ever was. Doesn’t mean Tesla won’t get there but the stock has quadrupled in about 3-4 months. Their sales and earnings haven’t gone up that much. The quarterly revenue from Q4 2019 is only 2% more than what they had in Q4 2018. Amazon’s year over year revenue increase was 20%.

I’m not going to short Tesla, but I wouldn’t invest now. You may not get a dip, but it’s more likely to float sideways for a while because it advanced so much on sentiment and short covering than real financials.

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21 minutes ago, stbugs said:

That’s not as much the problem. It’s fine to give some potential growth. It’s just the quarterly results beat revenue expectations by 4% and the stock goes up almost 10% the next day. Okay, not bad. It has then gone up almost 50% the next two days. That’s a disconnect with financials. That’s a short squeeze like no other. It’ll pop at some point.

I’ll put it in perspective of Amazon which is a high growth stock. Both just reported earnings. Amazon’s stock is now a little more than double Tesla’s but Amazon’s revenue and EPS are both about 12 times what Tesla’s best quarter ever was. Doesn’t mean Tesla won’t get there but the stock has quadrupled in about 3-4 months. Their sales and earnings haven’t gone up that much. The quarterly revenue from Q4 2019 is only 2% more than what they had in Q4 2018. Amazon’s year over year revenue increase was 20%.

I’m not going to short Tesla, but I wouldn’t invest now. You may not get a dip, but it’s more likely to float sideways for a while because it advanced so much on sentiment and short covering than real financials.

Exactly. The Bull Case based on fundamentals by my estimates are $400 a share. And that is everything going perfect.

This stock price right now is absurd. The mother of all short squeezes and an insane cult euphoric mentality are driving this historic run. 

I have two clients in the stock....just two. And we have 20% trailing stops that were put in today. If they are out soon...so be it. The gains are at 282% right now. 

You take those on a stock like this. And then if you want.....buy it back again when it comes back to earth in the future. 

Or sell your original investment and ride the train on house money. 

My clients want all the profits they can squeeze out this puppy. It was a pure speculation play to begin with. I never was a big supporter of the company based on fundamentals and an owner who...let's just say is a mad genius. I mean the guy has done some amazing things and Tesla is a disrupter. But at this price? Come on.  You gotta know when to take the money and run. 

Tesla is not being speculated as a car company. they are being run up on the hopes and dreams of a tech company that has cornered the market. 

Big auto, unions, Big Oil and governments (China anyone?) are simply not going to allow that to come to fruition in the near or intermediate future. It is very vogue to be all about sustainable investing etc. Oil and gas powered cars are not going anywhere anytime soon. And the big auto companies are going to get all their EV's on the market soon as well. Tesla is not the only game in town. Right now they are the best game in town. But competition is coming and coming in the next 5-10 years big time.

And don't get me started on automated vehicles.  Another massive over speculated area of Tesla. 

Anyway. We will check back and see if it crashes down like expected or we are wrong.

Edited by Todem

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22 minutes ago, Capella said:

Guess I need to adjust that stop. Christ. 

Like I said the movement is crazy. It is a matter of time here. Pat yourself on the back. Great trade. 

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18 minutes ago, Todem said:

Like I said the movement is crazy. It is a matter of time here. Pat yourself on the back. Great trade. 

Thanks! 

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I'm back.  I assume Annie passed on my messages?

HOLD

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40 minutes ago, chet said:

I'm back.  I assume Annie passed on my messages?

HOLD

HOLD or HODL? 

It's an important distinction! 

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1 hour ago, chet said:

I'm back.  I assume Annie passed on my messages?

HOLD

Awesome news. Is buy still a recommendation?

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3 hours ago, chet said:

PR

So this PR comes out which to me looks like great news and the stock immediately drops 10%?  What gives?

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5 minutes ago, dkp993 said:

So this PR comes out which to me looks like great news and the stock immediately drops 10%?  What gives?

Did the PR statement say anything new? Seemed pretty basic.

I’m assuming the stock will hang around this level for a while until some new results come out like the one that took it from 1 to around 1.50.

Edited by stbugs

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1 minute ago, stbugs said:

Did the PR statement say anything new? Seemed pretty basic.

I thought the file for treatment of all solid cancers was new.  Breast cancer and HIV (possible coronavirus) is all I remember before.  

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28 minutes ago, stbugs said:
34 minutes ago, dkp993 said:

So this PR comes out which to me looks like great news and the stock immediately drops 10%?  What gives?

Did the PR statement say anything new? Seemed pretty basic.

I’m assuming the stock will hang around this level for a while until some new results come out like the one that took it from 1 to around 1.50.

To be clear I’m not worried about the swing in price, it’s been doing that a lot.  I’m just wondering if I missed something or misread the PR.  It seems like good news to me yet the market reacted differently.   🤷‍♂️

Edited by dkp993

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Just now, dkp993 said:

To be clear I’m not worried about the swing in price, it’s been doing that a lot.  I’m just wonder if I missed something or misread the PR.  It seems like good news to me yet the market reacted differently.   🤷‍♂️

Yeah, I think it’s good news but probably not enough info over the last PR.

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37 minutes ago, dkp993 said:

So this PR comes out which to me looks like great news and the stock immediately drops 10%?  What gives?

The stock has more than quintupled in 6-7 weeks.  You can't expect volatility to only go one way.  My advice to you is to use weakness to add and if you're not buying, then ignore the short term noise.

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10 minutes ago, chet said:

The stock has more than quintupled in 6-7 weeks.  You can't expect volatility to only go one way.  My advice to you is to use weakness to add and if you're not buying, then ignore the short term noise.

👍

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48 minutes ago, chet said:

They're entitled to their opinion, but unless they cover their short position, they will get murdered.  Many factual errors in their analysis IMO.

Could you point some of those factual errors out? 

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4 minutes ago, McBokonon said:

Could you point some of those factual errors out? 

Point 2:  We believe PRO 140 is worthless.

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So if I don't buy this CYDY, is it gonna be like when I didn't take advantage of the free :mansion: deal like 15 years ago?

 

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56 minutes ago, chet said:

Added 10k @$1.35

You getting to within shouting distance of a million shares?

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Looks like a delay in filing the BLA until the end of the month. Some more time to accumulate as it will probably drift lower on no news until then.

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5 hours ago, eaganwildcats said:

Professional shorters, like Muddy Waters and their piece on Luckin. Right or wrong, they're doing it specifically with the goal of driving down the price to make money on their short. 

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22 minutes ago, Bob Sacamano said:

Professional shorters, like Muddy Waters and their piece on Luckin. Right or wrong, they're doing it specifically with the goal of driving down the price to make money on their short. 

Yep.

That doesn't mean @chet isn't taking the whole FFA on a massive Pump and Dump to make his second Billion. ;) 

 

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56 minutes ago, pecorino said:

You getting to within shouting distance of a million shares?

Today was any first purchase in a while.  Next week, I plan to buy more and perhaps get close.  

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I'm just bummed I didn't get in on the ground floor when Chet first told us about this.  I only got a 50% gain, not 500% .

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6 minutes ago, Otis said:

I'm just bummed I didn't get in on the ground floor when Chet first told us about this.  I only got a 50% gain, not 500% .

I'm down 9% so don't be TOO bummed :lol: 

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8 minutes ago, Otis said:

I'm just bummed I didn't get in on the ground floor when Chet first told us about this.  I only got a 50% gain, not 500% .

You were afraid to win.  

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Have to admit I was a little bit bummed to see the stock price down today, but it was pretty impressive seeing the volume at 8.8M!  Wonder if people are testing other investors stop losses to acquire more shares. Or short sellers or both.

Got to listen to the conference call and was hoping for some earth shattering news.  They did announce they signed (or are going to sign) a non binding agreement with a Chinese big Pharma company for Corona and cancer.  Thought that was very positive.

the thing I liked the most was the last question asked with around 2 minutes left regarding the stock price activity today. I’m paraphrasing but the CEO said that if everything lines up with cancer,  double digits will not be right price for this stock.  Then he said triple digits would still not be enough. He said the stock price would be high triple digits!  He even said make sure this is being recorded so we can go back to it later!

I will settle for middle triple digits! 😂

 

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1 hour ago, [icon] said:

I'm down 9% so don't be TOO bummed :lol: 

We got in just at the right time, Oof. :toilet:

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Don't think there's much middle ground, where this settles in as a $2-$10 stock long-term. Though maybe some of us get out there and are satisfied with that. I tend to think either it is what they think/claim and it goes much higher or it isn't and we all end up some form of #### out of luck.

Personally, I can live with that.

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If I had any balls I'd sell every put naked on virus news tanking the Dow tomorrow. 

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"Corona rules everything around me Virus get the bodies, dollar dollar bill ya'll"

 

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20 hours ago, eaganwildcats said:

They've produced a report and are apparently going to aggressively attempt to undermine confidence in CYDY.  There are many lies and untruths in the report and where there's any kind of grey area, they've chosen to take the negative or cynical side.  I believe short selling can be a healthy alternative but these guys are scumbags with the goal of destroying a company with their lies. 

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On 12/7/2019 at 7:41 AM, Bossman said:

I hadn't even considered this. Lock in profit and move on to the next one.

This just seems like free money. I kept looking at it like there must be something that I'm missing.

Nope. Free money. I wish that I sold 100 puts instead of just 20. Would have been an easy $12k.

Hello again, Bossman. I came across a recommendation for BHVN, don't remember where, maybe the FBG stock pick 'em for 2020. Anyway, it looks like one that might be appealing to you. No news that I can find set to break between now and Feb 21 (earnings reported on 2/27). Stock is trading in the mid 53s. You can sell the Feb 21 puts with strike price of $50 and make somewhere around $400 (very thinly traded so I'm not sure what price you'd get). The upshot is that you put up $5000 in capital and need to buy 100 shares at $50 in two weeks (not a bad proposition) if it trades sub-50, or more likely, you just pocket the premium which is about a 8% return on that capital (juicy).

Disclosure: I bought 100 shares at $53.50, I sold one 2/21 call against it with strike of $55, netting $450 premium and I've also sold one of those puts described above. My thought is that it has been trading in a channel between 50 and 60 and I'm happy to collect those premiums especially with such a short time horizon.

 

 

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Sold 2 shares of UNH yesterday to have a tiny bit of play money for CYDY. Now I just wait and watch that ticker.

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2 hours ago, chet said:

They've produced a report and are apparently going to aggressively attempt to undermine confidence in CYDY.  There are many lies and untruths in the report and where there's any kind of grey area, they've chosen to take the negative or cynical side.  I believe short selling can be a healthy alternative but these guys are scumbags with the goal of destroying a company with their lies. 

Are they going to destroy it?  I just bought 25k more shares.  

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