Stock Thread (27 Viewers)

[dkp993]

Btw, I hope you are right! I threw some money at it after reading up on the company. 
still, for me it is a bet. Chances of the price dropping to 0.05: 95%. Chances of it going above 5.00: 5%. 
 

I am willing to take these odds since my portfolio is pretty conservative atm and I also don’t need the money I put into it. 
Was just looking out for a mate making his first stock purchase. No hard feelings, chet!
 

Btw, boring but very solid: VNA (Vonovia).

I appreciate the lookin out. It’s fully viewed as a bet by me too.  

Honestly it feels similar to my biggest win at the track.  Was 15 years or so ago I was in line for the window, guy in front of me turns around and says to bet on a long shot horse because his cousin was riding it.  Horse was 50 to 1.  I had just enough cocktails in me to listen and put down 100 to win.  The horse came in.  Cashed 5k.  Sometimes the universe just speaks.   Maybe this time too!?

 

[pecorino]

CYDY with a conference call this afternoon at 4PM. I read the transcript. Sounds positive. I don’t think it trades after hours so we’ll need to wait until tomorrow to see if there is any reaction in the stock price.

 

[chet]

CYDY with a conference call this afternoon at 4PM. I read the transcript. Sounds positive. I don’t think it trades after hours so we’ll need to wait until tomorrow to see if there is any reaction in the stock price.

Very positive call.  The big news is that announced a distribution deal for HIV in the US.  BLA submission to the FDA should be complete in January.  CEO said the CFO calculated the HIV value per share and is in the double digits.  I know as well as anyone, however, that stocks can stay undervalued for a long time.  

Let's see how the stock reacts tomorrow.

 

[chet]

Very positive call.  The big news is that announced a distribution deal for HIV in the US.  BLA submission to the FDA should be complete in January.  CEO said the CFO calculated the HIV value per share and is in the double digits.  I know as well as anyone, however, that stocks can stay undervalued for a long time.  

Let's see how the stock reacts tomorrow.

Anything below 40-45, I will be buying more.  No idea of how it will react because of the lack of +ve movement with recent positive news. 

GL to all who bought some.

 

[bshell27]

Anything below 40-45, I will be buying more.  No idea of how it will react because of the lack of +ve movement with recent positive news. 

GL to all who bought some.

Nice little gain so far.  

 

[chet]

Nice little gain so far.  

I'm underwhelmed.  There are legitimate questions about their partner (Vyera--Martin Shrkeil's company).  I do think there is a lot of promise and this is just the first step. I mean, if I had HIV, I'd be racing to get this drug.

 

[pecorino]

I'm underwhelmed.  There are legitimate questions about their partner (Vyera--Martin Shrkeil's company).  I do think there is a lot of promise and this is just the first step. I mean, if I had HIV, I'd be racing to get this drug.

I’d say a 25% gain is strong. Typically I’d sell and take a quick profit but I’m rolling the dice on this one.

 

[bshell27]

I’d say a 25% gain is strong. Typically I’d sell and take a quick profit but I’m rolling the dice on this one.

40%  

This should be fun. 

 

[pecorino]

40%  

This should be fun. 

Closing the day with a nice run up to 0.43. I’m personally looking for 0.54 which would double my investment in which case I’d sell half (breakeven) then kick back and watch the ride.

 

[dkp993]

40%  

This should be fun. 

Nice!  When I checked this morning before work it was at 24% up.  

What are everyone's thoughts on selling?  Is this a longer play here?  Any realistic chances in gets to the dollars per share range?

 

[chet]

Nice!  When I checked this morning before work it was at 24% up.  

What are everyone's thoughts on selling?  Is this a longer play here?  Any realistic chances in gets to the dollars per share range?

I am holding long term.  I want to accumulate ~1MM shares and will buy on dips. However, if the price keeps on going up, I probably won't get there.

Their drug has been proven to be effective on a myriad of illnesses including HIV, many types of cancer and NASH.  With the market cap still below $200MM, there is a lot of room for the stock price to appreciate.  They will be selling the drug for $60k/year and if they get 20k patients for combination therapy (conservative estimate), that's $1.2b in revenue.  Drug companies trade on multiples of revenue.  Mono HIV therapy is a much bigger opportunity and then cancer is much bigger than that.  

@Otis there's still time to get in.  

 

[pecorino]

Nice!  When I checked this morning before work it was at 24% up.  

What are everyone's thoughts on selling?  Is this a longer play here?  Any realistic chances in gets to the dollars per share range?

My favorite thing ever (mostly trading options) is to double up then sell half my position. Playing with house money takes away 90% of the angst. All that’s left is determining how greedy to get with profit.

 

[beef]

All Dec 20 options need to be closed/covered tomorrow, right?  Does this cause any big swings up or down, and any way to sort of predict which way? 

 

[Bob Sacamano]

Better volume today on the CYDY

 

[chet]

Better volume today on the CYDY

Are you an owner?  I hope so.

 

[Bob Sacamano]

I did some toe dipping. 

 

[Bob Sacamano]

https://seekingalpha.com/article/4312978-politics-of-hiv-political-football-fumbled?mod=mw_quote_news

 

[pecorino]

Are you an owner?  I hope so.

Up another 20% this morning. Just entered the order to sell half my shares if it hits $0.52. Not quite doubling up, but it means I essentially cannot lose money on the trade. More power to those of you who are truly going long and rolling the dice on a multi-bagger.

 

[Bob Sacamano]

IF they're really the threat to GILD that article makes them seem like, I'd think they would have been an acquisition target by now 

 

[Bob Sacamano]

Perhaps closer to approval?

I can't say I have much knowledge wrt pharma

 

[chet]

IF they're really the threat to GILD that article makes them seem like, I'd think they would have been an acquisition target by now 

I am sure they are.  Given that a viable HIV drug is worth in the billions, and this company now has a mkt cap ~$200MM (and then warrants), they are a very attractive candidate.  The numbers begin to look silly when you think about cancer, NASH etc.  That's why I am holding longterm and am hoping they have a chance to commercialize their drug.

 

[chet]

IF they're really the threat to GILD that article makes them seem like, I'd think they would have been an acquisition target by now 

Also, if you had HIV and were deciding your treatment, why would you choose something with side effects over one with no adverse side effects especially when you consider the efficacy of the treatment.  HIV thought leaders have called Lironlimab the next generation of HIV treatment.

 

[chet]

Perhaps closer to approval?

I can't say I have much knowledge wrt pharma

CYDY will submit the final two pieces of their BLA submission either later this month or in January.  Then, it's up to the FDA to approve for commercialization.  I think it will happen in the first quarter of 2020 because the FDA granted it fast track status.

 

[bshell27]

I am holding long term.  I want to accumulate ~1MM shares and will buy on dips. However, if the price keeps on going up, I probably won't get there.

Their drug has been proven to be effective on a myriad of illnesses including HIV, many types of cancer and NASH.  With the market cap still below $200MM, there is a lot of room for the stock price to appreciate.  They will be selling the drug for $60k/year and if they get 20k patients for combination therapy (conservative estimate), that's $1.2b in revenue.  Drug companies trade on multiples of revenue.  Mono HIV therapy is a much bigger opportunity and then cancer is much bigger than that.  

@Otis there's still time to get in.  

Not sure how big of a dip you are looking for.  I'm currently holding 4,000 shares.  May acquire some more, but now I'm kicking myself for not buying more at .29

 

[culdeus]

So Chet is looking to basically acquire a 1/3 of a % of this company? 

 

[eaganwildcats]

In late for 4K shares what could possibly go wrong. 

 

[Bob Sacamano]

So Chet is looking to basically acquire a 1/3 of a % of this company? 

Now you understand the pump and dump

 

[chet]

In late for 4K shares what could possibly go wrong. 

I don't think history will judge this as a late investment.

 

[chet]

Now you understand the pump and dump

Haven't sold a share.

 

[Bob Sacamano]

I kid!

 

[chet]

Now you understand the pump and dump

Just trying to help some fellow FBGs make some $$$ and to be accused of nefarious intent is WOW|.

 

[eaganwildcats]

Yeah everyone settle down. Trying to get Chet rich (tm) here. 

 

[Bob Sacamano]

Just trying to help some fellow FBGs make some $$$ and to be accused of nefarious intent is WOW|.

lol

You're never in here pushing this company or that. The fact that you were so adamant about this one is what got my attention. Some people around here get the benefit of the doubt wrt certain things. Like when @WetDream mentions how attractive a woman is. It's the only reason I bothered looking at it.

 

[chet]

Up another 20% this morning. Just entered the order to sell half my shares if it hits $0.52. Not quite doubling up, but it means I essentially cannot lose money on the trade. More power to those of you who are truly going long and rolling the dice on a multi-bagger.

You sold at $0.52.

 

[pecorino]

You sold at $0.52.

I bought 10000 shares at $0.27 on 12/3 and just sold 5000 at $0.52. Close enough to doubling up for my taste and still have 5000 shares to ride. If it dips hard, say back to about 40 cents, I could see buying more. But for now I'm happy to wait and watch. Pretty good for two weeks of work. Thanks Footballguys! #mansion

 

[chet]

I bought 10000 shares at $0.27 on 12/3 and just sold 5000 at $0.52. Close enough to doubling up for my taste and still have 5000 shares to ride. If it dips hard, say back to about 40 cents, I could see buying more. But for now I'm happy to wait and watch. Pretty good for two weeks of work. Thanks Footballguys! #mansion

You just about bottom ticked it.  Nice work.

 

[pecorino]

Boom or bust with this one:  CYDY.  Biotech drug maker awaiting FDA approval for new HIV drug among other things.  Here's an article from Seeking Alpha that came out last month.

FYI:  Stocks that trade @ ~$0.34 are more likely to go to $0 than $1.  I think this will be an exception.

This, along with a couple other prodding posts by chet, is my nomination for Post of the Year.  Well done, kind and wise sir.

 

[chet]

Cydy. Melting up. 
 

@Otis get some

 

[pecorino]

Cydy. Melting up. 
 

@Otis get some

Watching it in real time. Up 45% again today. What a two-day run.

 

[fantasycurse42]

See you guys are way ahead of me. Wish I would've bought more of this Chet stuff, only up 120% in 2 weeks

My only brokerage account that lets me buy this stuff is tapped out of cash and I'm not selling anything in there to free up funds (this isn't marginable either). @chet are you done buying? You have a sell target? Debating a fund transfer, but that might be dumb after doubling up in a few days, although most pink sheet #### has little rhyme or reason. 

 

[Bob Sacamano]

Please forgive the ####ishness of what I'm about to post. I can't help myself.

 

[Bob Sacamano]

I bought 10000 shares at $0.27 on 12/3 and just sold 5000 at $0.52. Close enough to doubling up for my taste and still have 5000 shares to ride. If it dips hard, say back to about 40 cents, I could see buying more. But for now I'm happy to wait and watch. Pretty good for two weeks of work. Thanks Footballguys! #mansion

Glad you derisked, GB

 

[chet]

See you guys are way ahead of me. Wish I would've bought more of this Chet stuff, only up 120% in 2 weeks

My only brokerage account that lets me buy this stuff is tapped out of cash and I'm not selling anything in there to free up funds (this isn't marginable either). @chet are you done buying? You have a sell target? 

Tough to buy when they melt up like this.  I'm not quite to halfway in terms of accumulating my goal number of shares.  Watching for now.  Definitely not selling.

 

[fantasycurse42]

Tough to buy when they melt up like this.  I'm not quite to halfway in terms of accumulating my goal number of shares.  Watching for now.  Definitely not selling.

Hostile takeover?

 

[chet]

Hostile takeover?

Not by me but I did ask yesterday what protections they have in place.  Apparently they have some super voting preferred shares in such a case.  At least, that was the response I got.

 

[dkp993]

Only bought 1000 shares at .28.  Kicking myself for not buying 10x that.  Thanks @chet for the heads up on this one.  Not a bad performer so far for my first stock buy.  .  

 

[Bob Sacamano]

When a company reaches a deal like the one they did with Vyera, wrt the $4 mil investment in CYDY common stock, I assume that doesn't happen on the open market. They're selling them the shares directly from authorized but not issued?

 

[chet]

When a company reaches a deal like the one they did with Vyera, wrt the $4 mil investment in CYDY common stock, I assume that doesn't happen on the open market. They're selling them the shares directly from authorized but not issued?

Correct.  They are buying share from CYDY's treasury.  Hell of a deal for them.  Plus $0.30 warrants.

 

[The General]

@chet

Can’t say thanks enough. Merry Christmas to you.

 

[chet]

@chet

Can’t say thanks enough. Merry Christmas to you.