/biz/ - Business & Finance

Were all gonna make it

>>16553058
What is everyone doing this weekend?

Oh shit LHX One of the day’s biggest winners

Is this it, did it do it? Did it close in “confirmation” territory?

AMRN NIGGAS

>>16553087
Wagies. I gotta cover a few shifts before the christmas shut down

>>16553098
AMRNiggas
we fucking go up now

>>16553087
Cocaine a lot of cocaine.

>>16553111
This

>>16553087

Edging until this trade deal is signed, which should be any time now.

https://youtu.be/kY27wmTZwyg

We fucking did it bois, Fat Green Baggies for all! Thank you AMRNbro.

Truly /ourpill/

amrn trading resumes at 5:30. how will this compare with monday?

>>16553087
Not doing anything tonight, gonna go to Xmas market and fancy dinner tomorrow night

Will also do cocaine if somebody in this town has some

>>16553087
Gonna watch UFC and shitposting on /biz/

ARMN celebration lads.
https://youtu.be/27ptSoUjPa4

lmao $25

So approval was baked in. Not surprising

>>16553163
its finally happening. and ive owned this stock since last november. i dont have to buy a fucking cent in taxes when i cash out.

>>16553087
Cocaine, clean my room, paperwork, get taxes ready

AMRN celebration continued..

https://www.youtube.com/watch?v=Ug88HO2mg44

Damn whoever works at Jalopnik fucking haaaates Elon.

Is this... bad?

>>16553097

>>16553211
of course, he's a white heterosexual man.

Is it worth putting 10k on some kind of set and forget dividend stock?

>>16553087
I should add that I plan on doing one last round of studying before I start trading options on Monday. Also plan to begin researching algorithmic trading so that I can build a high freq. algo/bot for before the end of 2020 (or at least have a good bare bones framework for one). Any CS chads who can possible help/lead me to good info frequent /smg/?

Also, congrats to the AMRN chads. After hours green dildo.

I'm excited and nervous, boys. ARMN is 25% of my portfolio, bought 60 shares at 22.68 while drunk. My other heavy hitters are non-memes that I can ignore. I set a trailing stop sell at 8% for half my shares. The other half I plan to hold, but set an emergency stop sell that'll keep me from losing more than the profit of the first sell. Does this sound advisable? This is my first big mover and I'm retarded

annoying how all my calls are still frozen, but damn is amrn going up fast

>>16553175
>>16553183
If we close above 24.70 we will continue higher though since that would be very bullish. Target would be around 28-30 if that's the case

>>16553240
Can't trade options after hours anyway.

CNBC best girl covering memestock!!

Bear season's almost here boomers. 500 billion dollars because of a Japanese holiday my ass. Convert or die

>>16553230
If you're going to do this, just buy 80% SPY and 20% UPRO (3x Leverage S&P500 ETF with .10 divvy yield)

>>16553241
In that case, if it stays above 25, I will be buying on Monday.

>>16553241
If we don’t close above 24.70 I’m chopping my dick off and mailing it to you

>>16553259
Lolno go for QYLD. Brace for the crab. There’s a decent chance of a rangebound year.

>>16553257
>500 billion dollars because of a Japanese holiday
What?

>>16553257
I'm not short yet but i have been loading up on shiny rock miners and electrical utilities. We'll see how it goes.

>>16553254
that aint kate rooney

ARE YOU FUCKING KIDDING ME NOW AMRN?! I fucking sit on this shit for almost month, watch it go up and down and when I'm finally in the green, if gore I can scalp it and make a few bucks since I needed some for Bill's, market limit it to 22.50 and NOW it gets approved and jumps up to 25?! Fuck off

>>16553289
>He sold before Dec 28

>>16553289
>what is pre market

>>16553289
I mean, what were you expecting? It's sitting on a 8 bil MCAP. AMRN forecasts Vascepa sales for $650-700 million for 2020.

>>16553284
She’s cute but she ain’t the timeless beauty meg tirell is.

>>16553277
$500 billion in rolling loans through January 14th. That's nearly $100 billion in daily alone, and multiple week long subscriptions. The excuse was a "Japanese holiday" at first kekekeke.

>>16553281
I wouldn't bother shorting until we actually start going down yeah, smart move

>>16553289
>he didn’t know they were going to halt trading on Friday the 13th to drop an FDA approval.
>Yikes

>>16553277
You're absolutely right. I'm thinking about doing this in general (what that ETF does) with options spreads. *snib* *snab*.

God I love the markets.

>>16553305
Well, I’m going to do my part and request vascepta from my doctor, as well as inform my friends and family.

>>16553315
What are you talking about... is this repo market liquidity FUD?

>But AMRN at 14
>Keep buying and selling because weak hands
>finally settle at around 14.50
>hold
>have to deal with "lel fish oil" niggers
>Make it through ADCOM
>Ride the dips with strong hands
>Resist profit taking
>Resist Jew tactics
>Watching AMRN all day today while at work when it was halted
>Approved while at gym so made gains twice today
>Short squeeze on Monday

The only question is was approval priced in. MTNB should see a jump too.

I also own another 2700 in another account.

Now all my shit is pending trades and I can't even panic buy into before it gets too high. Fucking hell, I'm so pissed off after sitting on this, same thing happened to me with Fitbit before their buyout.

MISTRE LEMNOM SAYS DIX IS AT 47%


That seems big, I’m grabbing some more ETFs AH

>>16553332
God damn dude... you holding the long game for that long term cappy gains? I like it it very much...

>>16553087
counting my AMRN money.

>>16553289
Bruh, we told you to hodl. We told you every hour that passes by increases the likelihood of an FDA decision coming exponentially

>>16553326
It's not FUD, foreign governments were apparently dropping treasuries like a Stacey drops her panties for chad, alarmingly quick. They literally fucked up their own central planning, foreign rrp setting a base floor giving them incentives them to drop bonds in favor of cash, meanwhile hedge funds borrowing all they can to leverage up those gains ×10 or more. This is a bad comedy not FUD. We going sub 12k dow screenshot this

>>16553337
Chill out, man. You are exhibiting the lack of impulse/emotional control that Joe Schmoe suffers from when playing this game. This then leads them to getting burnt. Sit on your hands. If you miss out, there will be other opportunities. The beautiful thing about the markets is that everyday is quite literally a money making opportunity. What you should do this weekend is work on a solid investing/trading strategy that you will stick to. It's all psychology. We are playing against other players and bet that our psychology is better than theirs so that we can buy their bags and sell them back to them.

>>16553332
>The only question is was approval priced in. MTNB should see a jump too.
MTNB is already jumping on the news and no it wasnt fucking priced in

Also have my first call, KO 12/27 $54 up 58%. I have no idea what to expect or when to sell this.

>>16553107
>>16553098
Stoked

I just had to sell now before this...even then I bought it before at around 23 when I first heard the hype for AMRN. What should I do now /biz/? My plan right now is to buy back in before the plebs flood in and wait for it to skyrocket like we all hope...

Why the FUCK isn’t anyone selling QYLD and shit after hours?!

>>16553370
Link to zerohedge article—errr source?
Legitimate non-ZH source preferred.

www.cnbc.com/2019/12/13/fed-ramping-up-repo-operations-to-head-off-year-end-funding-issues.html
The ABCT has successfully predicted every recession in the last century, and it clearly shows the next one is very close and will be massive. Day of the slaughterhouse soon bulltards.

>>16553408

Should have gone long

>Strong hands create good times
>Good times create weak hands
>Weak hands create hard times
>hard times create strong hands

Someone please update on the status of COT when it updates?

>>16553419
Yeah... better sources than CNBC and ZH please.

>>16553408
I'll tell you how it will play out: There will be a price spike and euphoria (already happening after hours). Plebs will get in at the top and end up holding bags once the top is sold off by early entries. Buy the ensuing dip. There will be another spike not too long after that will obviously not be as large as the current one. Sell out of this second spike and be happy you took profit. Set your buy/sell limits and stop losses appropriately. This is what happens. Like artwork and pottery. Every single time. Good luck.

>>16553417
Obliged
https://alhambrapartners.com/2019/06/25/when-you-cant-hear-yourself-the-other-reverse-repo/

>>16553254
That’s not Morgan Brennan

>>16553469
That's not Beck "Mommy Long Legs" Quick

I’m not saying you all got shit taste, but those are such bland fake looking women... Meg tirell is cute, and she’ll still be cute for decades.

>>16553458
>June 25th
Alright I’ll read your little FUD. But until central banks stop letting the money flow, I say we go HIGHER. But probably range bound.

1, 2, 3, 4, I DECLARE A BIDDING WAR

AMRN! AMRN! YYAAAAAAAAY AMRN!

>>16553458
Also fuck your potshot by the way, Zerohedge literally leaked that mark cubana assessment calling the liquidity crunch in repo months before it happened. You're actually a terrible fucking trader if your not looking past the source to the math. Assuming any of you bullmarket wave riders on /smg/ actually do any sort of math is pretty fucking lenient though. Picture related was what was leaked.

>>16553533

Monday cant come soon enough.

The main reason why this pissed me off so much is ever since my ex destroyed my life, the stock market has now had to become a sole source of income, at least for now. I have $9000 to my name /biz/ and the closest thing I'll have to income will be disability if I can get it.

>>16553562
what did your ex do?

>>16553540
I don’t actually know what this is...
But I will have to look into it. I’m stillwondering if this is all just cause by some chink banks defaulting or banks cleverly manipulating the fed to keep pumping.

Okay, AMRN jumped 5%. This is what all you bagholders have been waiting for? lmao

>>16553582
How could anyone be a bagholder? It's at ATH.

>>16553582
Wait until it drops

>>16553570
Reported me for bullshit I did to her sister. Never even touched her but apparently all they need is the report to convict me. I either had a choice of jail for 2-4 years or probation for a plea. Wasted another $9000 for court and lawyer fees and the lawyer was worthless. Lost my job in the military and now I have a felony charge at 25.

>>16553582
>bagholders
Maybe it’s not a moon mission, but this points to earnings growth, which should increase free cash flow, and lead to years of gains.

I have been trying to give folks a reality check that they’re putting too much of their hopes and dreams in this, but oh well.

Too late to grab some amd?

>>16553582
My average is $17

>>16553582
>>thinks after hours Friday trading accurately reflects the gain

>>16553454
Bill Gates looks like Tony Hawk when he's not wearing glasses.

>>16553284
this

https://www.youtube.com/watch?v=4XSRf6kYFSo

>>16553600
Damn bro that sucks

Based bull boys
Spy to 360

Next moon mission is VISL. Heard it here first folks - backlogs are over end of 2019

>>16553673
I only fux wif da Baker Bros guv

>>16553680
Do as you please mate

>>16553605
>tfw average is 22.58
Better late than never. I'm still up 13%.

>>16553582
meanwhile, LINKies are at 4x, MINIMUM

I'm having a terrible time trying to drunkenly understand my strat.

If I buy meme shit I might buy low and sell high and make a few dollars, but I also risk hodl bags when it goes wrong. I also risk going to ZERO on something absolutely stupid.

If I buy strong stonks they just go up a bit every day. They might crab or drop 1-2% giving me a chance to buy more, but they are expensive and 1-2% is fuck all.

Basically this is not get rich quick unless you get lucky on a rare trade. This is 90% hodl with 10% gambling.

>>16553715
Sounds like you’re not having trouble understanding at all.

>>16553058
thanks AMRN "holy buyout" anon

>>16553612
look at the after hours volume, fren
pic related

Fuck now we have to wait on Monday to see what really happens with AMRN. is it about to take off?

>>16553863
It might sell off.

>>16553715
>I also risk hodl bags when it goes wrong
Nope. Don't do this on meme shit you have no faith in. Enter the trade with a predetermined drawdown allowance. It doesn't have to be a set stop loss but if it drops below a particular level you previously decided on, you bail, end of story.

>>16553582
>>16553591
>>16553595
>>16553604
>>16553605
>>16553612
Oh my god, AMRN zoomers who thought they'd be rich are seething. /smg/ is just as bad as the rest of the crypto shitcoin threads, 99% dumbfucks FOMOing for a 10x after some dedicated pajeets shill for a few weeks

>>16553834
Need more of these guys and less lciguys

>>16553612
this

Here you go, memewagon riders. This will be a good chance for you to listen to what, i assume, will be your first conference call for investors. Here’s some excepts from my Schwab news feed:

>Conference Call and Webcast Information:Amarin will host a conference call Monday, December 16, at 7:30 a.m. ET to discuss this information. The conference call can be heard live on the investor relations section of the company's website or via telephone , or by using the call back feature. A replay of the call will be made available for a period of two weeks following the conference call. A replay of the call will also be available through the company's website shortly after the call.

Some article makes this claim, I urge you not to get too excited:
>Heart disease affects an estimated 121 million American adults, causes about one in three deaths and costs more than $500 billion annually for treatment, according to the American Heart Association. Millions of Americans take nonprescription supplements of fish oil, also called omega-3 fatty acids, for their supposed heart benefits, but their dosages are far below Vascepa's potency.
>Vascepa sales brought Amarin just $287 million over 2019's first nine months, but analysts forecast the much-broader approval could boost annual sales to $3 billion or more.

And here’s the “multichannel news brief”
Or not, it keeps flagging my post as spam

>>Amarin said it will host a conference call on Monday at 7:30 a.m. Eastern time to discuss the approval and its business moving forward.

Just ran down to the bar to grab a bottle of red. What're we drinking tonight smg?

>>16553996
Johnny Walker Black Label. I like my liquor to taste like smoked BBQ ribs

>>16553932
see: >>16553858

>>16553904
I’m seething about being up 120%

SERIOUSLY boys, that fuckin DIX!
I’m feeling like I should just fucking buy something.

>>16554022
Johnny walker murders cats and I don’t trust him

>>16554022
cheers to you sir

>>16554045
Cheers to you and your gains lad.

>>16553673
Shill me please what backlogs?

AMRN underwhelming, but meets my expectations for something shilled so hard. Disappointing they had to do a stock halt on Friday for an AH announcement. Easily would have been a 50% on a monday premarket announce.

Dumped all my Jan calls except the 30s prior to announce and went long dec 20 25-27 calls for maximum gainz. If it can make a quick trip to 30 monday morning after cinference call, I'll be a happy camper. Not life changing, but good money.

Amrn 26 now god damn

AMRN PARTY MUSIC FAWK YEAH, WE DID IT GENTS

https://www.mixcloud.com/MartinGarrix/the-martin-garrix-show-258/

Have a great weekend AMRNbros. As we creep up to 27 on Friday AH, just remember, we deserved this.

>>16554099
27* hahahaha

>>16554099
$27 now

>>16554126
>>16554117
>>16554106
>>16554114
>>16554099
>>16554063
>>16553994

>>16554030
WHAT THE FUCK DO I BUY
DARKPOOL CHADS ARE LOADED UP

>>16553223
WHAT THE FUCK DOES THIS MEAN

>>16552578
today I bought DNKN

what do I win?

HAHAHAHA AMRN haters out in full force. Didn’t buy after being shilled not stop about it. You must want to necc yourselves. IMAGINE what the gains could’ve been.

EVERYBODY PRESS S TO SPIT ON OPPENHEIMER

Haha, Nothing can stop AMRN now! Profit shall rain down like mad for ten years starting Monday!. Nothing can keep the stock price down anymore either. By this time next year the current stock price will seem "cheap", that is unless the Holy Buyout happens, which for all we know may happen before Christmas. P.S My T-babies just Hiked that Fat Divvy some more. So double the good news for me, haha.

>>16554224
Come now anon, don't be so supercritical.

>>16554244
Fuck that shit. I had to have balls of steel to not panic sell when I was down like 40k because of that filthy kike, and AMRN would be way higher right now if it wasnt for him

>>16554240
AMRN is up to almost $27 per now. Just think of the Holy Buyout. Double that price. Fat Green Baggie awaits!

>>16554224
S

>>16554240
>>16554258
I have calls expiring mid January. W-will I make it too?

>>16554297
>degenerate options gambler
>making it

>>16554307
They're like .05% of my holdings at any given time.

>>16554307
>making it without options

See ya in 35 years lul

>>16553454
When should I sell? Tuesday? Wednesday?

>>16553904
my calls are up 340% since buying a few weeks ago

Some thought me mad as hell, others thought me "retarded" but who's the last one laughing now. The dude who's sitting on a gold mine thanks to AMRN or the dude who dismissed my claims as madness? Haha, fuck the haters and all that shit here's to me finally getting a nice Fat Wad of Green in the bank as well as kick starting my long range plan of a comfy retirement when I'm age 50 and age 65. I took a big ass gamble but oh hey look at that it's paid off for me in the end. Let that be a lesson to all; I always win in the end.

>>16554307
have fun having 600k in 2050 faggot

Everyone talking about AMRN nobody is talking about how China and US reached phase one of trade deal.

Should I buy like 10 shares of SPY with my Amarin gainz?

>>16554327
They're probably going to get bought out in short order fren

>>16554339
Thanks, holy buyout anon. I really me that. Thank you.

>>16554188
thanks for nothing assholes, I ended up sitting on my hands...
big fuck you to QYLD holders trying to get above ATH afterhours...

Should've just impulse bought QCOM, AVGO, LHX, or something. maybe the q's

>>16554339
I still say you're a retard because of your "analysis" of VIAB arbitrage. I'm happy and hopeful about AMRN, but you're still a retard.

>>16554363
kekkies yeah the memestocks do that

phase one is literally nothing and still hasn't happened. It's not even being signed by Trump and Xi, they're having lighthizer and Lio he do it. I think.

>>16554339
Based Fat Wad anon

>>16554376
No, NLTX BCRX or INCY

>>16554389
>>16554339

>I really me that
*I really mean that

You have helped a lot of people here.

>>16554363
Please point to a credible source that has an outline of the signed trade deal when it is completed. I won't hold my breath.

>>16554339
It would not be a surprise if Big Pharma knocks very loud on AMRN's door over the weekend/all next week. With a very nice deal in place before Christmas. They know the time to buy AMRN is before they can get the ball rolling. Cause the longer AMRN goes it alone the higher that stock price will climb and thus the more Green Bags Big Pharma would have to fork out.

After amrn what will be the next stocks to look out for?

>>16554339
But hey it's all good. I've been called worse. And sides, when your sitting on a gold mine you can be called anything and still have a smile on your face.

>>16554413
From your lips to God's ears Fat Wad Anon

>Was aware of the AMRN hype
>Even opened brokerage and moved 100k into my overseas account ready to buy
>Tried to open a brokering acount
>None would take me because of my complicated tax residency
>AMRN seems to have gone ahead
>Left behind

Am I fucked? Can I still hop on the train or just accept life circumstances fucked me over?

>>16554475
you missed it anon
this is the only stock that will ever go up

How can you live with yourself knowing that no other investments will ever again rise in value?

>>16554475
I'd say life is OK for you if you have 100k you're willing to invest

>>16554500

I just wanted to give my kid a house they could grow up in comfortably. Guess I'll just invest in some safe shit for a few years.

>>16554475
You can still get on before the holy buyout senpai, act fast

>>16554539
priced in

>>16554539
>>16554475
Also, maybe get into BCRX and INCY.. NLTX is good for swing trading and it might get bought out or something too...

MTNB is good for swing trading too

>>16554565
Oppenkike get out

>>16554568

Not really interested in swing trading. All the American market stuff happens while Im fast asleep. I was just looking for some safe buys to let sit for three years or cash out when it peaked to move into something safer.

At any rate, the hard part is over with. Now those who're in AMRN can kick back and relax a bit. After all the outlook for the company from here on is very bright indeed. Really the only thing you gotta concern yourself with is just what the hell your gonna do with your Fat Wads when you sell the stock.

>>16554206
Nothing. The whole thing is a social experiment to see how many times they can make you tap on it

AMRN UP 10% IN AFTERHOURS AHAHAHA NIGGERS

I'm down 48% for the year. Should I cash out and bet on black or red for roulette to make good on my losses?

>>16554652
and the volume was 11,000,000+

>>16554652
It's gonna tank by Monday morning

>>16554667
ouch
think hard about your errors and make changes to your strategy, but don't give up

>>16554671
no it won't..this is not a swing trade anymore (for holy buyout anon it never was) ... this is now a corporation with a major product to bring to market....there will, of course be a correction at some point, but the price will continue to climb for a few days...this is now a value investment with the added prospect of a buyout

Amrn is an $8.66B company? Shit might sell off.

>>16554698
>being this fucking retarded

>>16554671
Yes it may dip but tank? Hell no. The party as they say is just getting started. There's still more good news in the wings. Canada approval for one, a Buyout for another. Even if a buyout don't take place for a while, so what? The stock price will climb all throughout the year due to demand and drug profit out the ass. There's a shit load of people in the U.S alone who can now take this drug. Add Canada and the rest of the world to that and well, to say this current price is "cheap" is putting it very mildly.

>>16554733
I think it will continue to rise for a few days at a lower rate. This all happened in after hours trading...during the trading day it was only up by 4.5%ish. The investors who are late to the game will show up for a few days and bump the price before it dips. Just my two cents.

>>16554733
If I see one day AMRN is at $50 per (or the buyout terms equal that) hell I might have a damn heart attack myself,lol. I'd have in a few clicks $43,600 just sitting there. (I make shit compared to that)

>>16554757
plus, there was no sign of weakness at the end of after hours trading...it did not start to decline...no one was taking profit

>>16554780

>>16554780 was intended for >>16554733

>>16554757
when they don't get bought out, this seems like the likely outcome. The conference call leads me to believe they don't have any offers of a buyout, but I may change my opinion after I watch on Monday morning.

I suspect, as I have said all along, that Vascepa is too far along in it's patent to warrant major attention from big pharma. They will want something newer, and rig up some tests to show how it is superior, so they can get maximum lifetime out of an exclusive drug.

Pfizer is so pathetic and desperate that it's not impossible, but I wouldn't bet on it.

Still, I might actually let myself get assigned shares, or at least keep the shares I have and sell my options.

I'm new to stocks and shares, I put my life savings of 5k into AMRN. Should I take the profits on Monday or should I hold for a few months?

>>16554814
>put my life savings of 5k into AMRN
fortune favors the bold

>>16554814
Don't feel bad, I put almost all my cash in AMRN as well. I've got only maybe 600 left in the bank. I put 90% of my cash in AMRN. The other 10% is spread out between funds and stocks.

>>16554775
I'm really happy for you.

Help me out here family, which one should I buy?:

Aston Martin Vantage Coupe for 54,000 Euro

or

Maserati Gran Turismo for 52,000 Euro

>>16554861
THIS. I put basically all of my wealth 160k leafbucks aside from 30k a year worth of living expenses in

>>16554719
It's trading at around 15x projected sales. It could easily sell off and get the shit shorted out of it.

>>16554892
impressive

I was not so bold, I only put 18% of my cash into AMRN, but I am very happy with the profits that I have made and will make.

>>16554923
I put 10k into NLTX before it mooned too, ywnb me

Same with MTNB

>>16554923
You need to put all of your money into investments besides a year worth of living expenses

>>16554935
>ywnb me
no, but I'm happy for your success

>>16554733
Be careful, anon. Biopharma doesn't get much less volatile after drug approvals.

>>16554916
IDK about that evaluation of the stock price
we shall see

>>16554941
yes, I actually don't even give myself that much breathing room. I only have maybe 8 months sitting idly. I just didn't invest everything in AMRN alone.

>>16553058
How do I start in the stock market and what will I need? I have very little money and want to try and make some sort of profit if any.

AMRN ended up paying off. Currently holding

SAVA
GALT
fucking SNSS

Which of these should I sell for the small gain and which should I hodl until another AMRN type pump? I'll probably use the AMRN money on LCI or something.

>>16555248
ACST and MTNB. They'll mostly follow for approvals, since FDA loves krill oil.

In all this excitement I forgot that KHC pays out the Divvy today.

Can't wait for Monday. I have another 2700 shares in another account. No more swearing bullets waiting for news . It's either buyout or record profits from here on out. I'll definitely sell the calls and throw some of the gain at MTNB which will be $2 soon.

AMRN shorts have to cover on Monday.

>>16555248
Hold SAVA. If their drug doesn't pan out they still have their Alzheimer test too. If that works that alone is a fortune in revenue. SNSS is a shitheap. No opinion on GALT.

>>16555264
>MTNB

Wait for a retrace but yes this is a good one too.

>>16555248
>I'll probably use the AMRN money on LCI or something.
Are you retarded?

Put it into BCRX, NLTX, or INCY

>>16555248
>I'll probably use the AMRN money on LCI or something.
Thats a good idea. LCI has a lot of growth potential. AMRN was a risky play but looked like it payed off nicely. LCI isn't much of a gamble, it's way undervalued and will be entering a growth phase

LCI to $60

>>16555299
Think CORV is at bottom? If you plan to hold what is your PT? I'm thinking of getting a bag. One denial isn't the end for a company with other product lines.

Also, AMRN niggers, HODL .. HODL until the holy buyout

>>16554886
Neither

Get a Mercedes. Not black - not a courier car. Just a nice white Merc

>>16555341

I never try to get the bottom but after the denial I think it's close. Analyst say a PT of $7 on the high end.

Can't believe Trump getting the Chinese to investigate Joe Biden as part of the trade deal

>>16555378
Well,.your portfolio tells me you know your pharma, I'll throw a few hundred in and forget about it for awhile.

Hmmm class action lawsuit in the works against CORV it seems:

https://schallfirm.com/cases/correvio-pharma-corp/

>>16553254
CNBC best girl is Courtney Regan

i'd be her sex slave for the rest of my life

>>16555363
>Get a Mercedes
OH NO NO NO NO NO

>>16554814
Reminder that if you keep the stock for a year it's considered long term capital gains and you get fucked less on taxes; hold long term = less fucked and higher likelihood of massive returns

Fucking phoneposting I WANT IT TO BE MONDAY I WANT TO QUIT MY FUCKING JOB

>>16555527
How about working a job you hate how about you find a job you fucking enjoy? it shouldn't be about the money it should be something you enjoy.

>>16555509
>he bought Italian, not German

Bruh, you ain’t gunna make it

>>16555595
People say that a lot but people can't just hop from job to job to find a job they enjoy. You got me on the money part though, getting paid the most I've ever been paid but the work makes me wanna off myself.

Maybe freight brokerage, gotta give it thought before I go cock-first into it

Making money on the stock market is the easiest thing ever. I dont understand why other people dont do it.

>>16555625
because losing it is just as easy and "getting back on the horse" is a mentality a lot of people lack long term. world of quitters

>>16555612
I wouldn't buy Italian either but that Maserati looks decent at least. The old Vantage looked cool but then I saw this embarrassment. Truth is cars are fucked, they're only going to get more repulsive, gaudy and bloated. They peaked in the 80s/90s and it's all downhill from here.

AMRN is pretty cool but is anyone else riding the PTI wagon as well?

I think I’ll flip the AMRN calls on Monday, then just hold the shares.

The thought of it getting reamed on a short attack and the calls expiring worthless bothers me more than the thought of the share price falling.

I almost want to request that robinhood execute the calls to make sure I can get something out of them but that is some sort of logical fallacy, isnt it?

>>16554814
Always take SOME profits. Tune in to the conference call on Monday to get a better idea.
>>16555647
And you can’t get back on the horse if you go all in and lose.
>>16555490
>>16553480
>>16553469
>>16553284
Damn... a lot of different tastes around here. They’re all pretty qt in their own ways.

>>16555625
But not everyone is a fortune teller. Tell me, what do you see when you hear SNSS?

>>16555679
>Tune in to the conference call on Monday
where to listen?....is it streaming?

>>16555334
what are the catalysts?

>>16555663
Apparently the durability on Maseratis is really poor.

>>16555721
No it's a meet-n-greet. a bar crawl, if you will

>>16555798
I mean, does anyone have a link where we can listen.

>>16555801
>>16553977

>>16555709
Shitty Nigger Sucks Stock.

>>16555820
thank you

>>16555363
I wanna get a sports car though

>>16555791
Im liking the Aston more than the Maserati rn desu.. The one Im looking at has a better paintjobthan the Maserati

i cant believe we made it bros.

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SILENCE NOOB BOOMER all of us 200iq millennials and zoomers have all all exited the stock market (even sold our weed stocks) and have gone all in on Bitcoin as we wait to watch the market collapse again like in the 1930s (notice i didn't say 2008). The only reason we keep /smg/ is to laugh at the nocoiners once it all crashes, top KEK

>>16556006
>(even sold our weed stocks)

>he sold the bottom

>exiting the market before SPY 360
PATHETIC

So do zoomers get all their news and opinions from YouTube? Or is that what insta is for? And perhaps Twitter?

>>16554916
PE doesn’t mean shit

>>16556006
https://www.coindesk.com/global-protests-reveal-bitcoins-limitations

>>16556006
Only time will tell

>all this AMRN fomo

you had plenty of chance to get in when price action wasn't looking as good and you were calling people buying AMRN retarded bagholders
there are other opportunities out there, both in biotech and in other areas
you're going to have to learn that if you want to hold a stock long term, things won't always go your way 100% of the time

>>16553058
I bought CRSP calls $80 strike Jan 2021 expiration. I really think there is a chance that people could fomo into gene editing of biotech does really well during 2020. CRSPR cas9 gene editing is becoming a meme that people will fomo into. Or so I hope. It may have already happened and I may be too late. But we will see.

How much would you have lost if AMRN was disapproved for an expanded label and ended up sinking to 14 dollars?

>>16556187
Biotech has run pretty hard. One of the biggest sector runs this year.

I wouldn’t be shocked if the ETFs that have been lifting up the bad with the good start to exert downward pressure on the whole sector, particularly the ones who have yet to live up to their promise. If we’re lucky, this may give us buying opportunities in companies like regeneron, Amgen, biomarin.

The AMRN/Tbaby poster wasn’t being called a retard because of amarin, it’s because of shit like pic related.

>>16556235
Have you done any research into them or just hoping on the fomo trade to dump it on the greater fool? I think we may be in for a bit of a lull until we get closer to the JPM conference. Crispr isn’t one that stood out to me from the credit suisse biotech report. It looks like they were right about sarrepta, we’ll see if biomarin or uniqure pan out.

Remember that you can also play the sector through ETFs. If we’d all bought the IBB before ASH, instead of gambling on trades that mostly didn’t pan out, we’d have done pretty damn well.

>>16556255
enough to where my short term gains are offset by the loss

https://www.youtube.com/watch?v=iPUmE-tne5U
AMRN bros we still partying?

$MU is going to the moon next week.

>>16556006
He isnt going to buy the stock market crash dip. What a fag.

>>16556264
>I wouldn’t be shocked if the ETFs that have been lifting up the bad with the good start to exert downward pressure on the whole sector, particularly the ones who have yet to live up to their promise
That happens every time there is sector wide pump fest. Weed run carried so much garbage 3x+, some penny stocks went 10x+ if you bought them when Traitorous Trudy was first elected. Most of that trash went -99% eventually, of course. In hindsight I wish I had had a couple years experience when all of that started. Instead I started right in the thick of it, zero strategy, made huge money with no idea how rare those opportunities truly are, lost about 90% of the gains I made trading with all those bad habits. lol deep in the negative EPS, 500x p/e, market buy!

>>16556542
>sector wide pump fest
I should use the correct term: Bubble. Same dealio happened with battery metals like lithium and cobalt around 2016-2017.

Kek this piece of shit... acting like he’s an expert and gets to opine on the subject because he used to run the FDA... he’s on the board of fucking Pfizer! The revolving door at work, he’s a shill and now a “venture capitalist”

Pfizer, btw total loser company. Down 14% over the past year. Merck up 12%... that’s too low.

>>16556542
The good old days... have you actually learned anything though? Some sort of lesson about p/e, valuation, stop losses, something? I just mostly learned to play it safer, that the govt is slow as shit, and there are some sectors (and countries) to avoid completely. Fucking leafs sucked so much money out of hard working American bagholders...

>>16555248
Hold GALT
SAVA could be interesting, I like its neuroinflammation-based approach (as opposed to targeting amyloid, which most Alzheimer's biotechs try and fail)
No opinion on SNSS

>>16555248
snss is a dead horse.

>>16556664
>have you actually learned anything though?
Yes. It took the better part of two years, gains and losses big and small. I'm a much better trader now with a list of specific rules i have made for myself for how to approach high volatility stocks, how to trade the s&p with leverage, how to trade a couple commodities and the fundamental concerns to keep in mind affecting how those commodities move. All losses combined, it still cost me less to become a consistent trader than my bachelors degree did.

>>16556664
He looks like a reptilian.

>>16556781
Very impressive sounding. I still don’t know how to trade decently.

And I’m concerned that all the “winning it back” I’ve done this year, mostly this week through cola and pharma calls, are going to be eaten up majorly by taxes.

>>16556789
His appearance is offputting to me too. Could be his hair, I think he dyes it tooooo black or something.

>>16556354
Ye>>16556354
s but also considerrbilymore drunk

>"winning it back"
I find it helpful to remove cope phrases like this from my lexicon. All losses and gains are real. They are real even if you haven't realized them.

>>16556819
>Could be his hair, I think he dyes it tooooo black or
Forked tongue.

>>16556871
How is it coping? I have made massive losses and gone deep into the red, and now I’m finally getting back to neutral or positive territory. All my hardfaught gains, and even the times I just got very lucky, erased by recklessness and bad decisions.

Unfortunately, I’m not competing with my starting point. I have to compare my performance with the “set it and forget it” strategies. I would have made massively more money if I’d simply bought the spy, or gone all in on Berkshire.

>>16556911
Shit, considering how assets have performed this year, I’d have made much more money even if I’d just bought bonds or good.

We're in trouble gents, Hillary has joined the Bogdaborg

>>>/pol/236176991

>>16554633
I tapped a lot

>>16556951
THERE WAS A THIRD!! WE SHOULD HAVE KNOWN!!!

GOD HAVE MERCY ON OUR SOULS

>>16555248
I haven't done much research on snss, but it looks very risky at best.

On the other hand the sava drug is practically phase3 ready for only 30mil market cap. If you check the data and the papers you'll see this as well. Also funded by nih, and owned mostly by insiders.
Galt has a wonderdrug for literally all yet incurable diseases, ready for trials. In some cases it makes or breaks cancer immunotherapies. For thyroid cancer it's a checkpoint inhibitor in itself. They don't have much cash though. I think they will sell it for very high premium soon.

Hell, I don't even know why the snss meme is this strong. Can anyone give me some specifics?

>>16556695
Not merely just inflammation. It pushes out amyloidb from na7 and tlr4 receptors among others. It will be washed out afterwards. Also less ptau is made because of this. It may very well be the cure. I just don't know how to fit herpes into the picture yet.

>>16556911
>How is it coping?
The phrase 'winning it back' is a classic gambler's style of rationalizing losses in a sunken cost sort of way. I think it's counter productive. More helpful to approach losses like; i have lost, this is how much i have left, what do? And better yet, what can i do differently in future to minimize or eliminate the risk of taking a loss like that again? Constructive approach to future, fix what's broke, etc.

>>16556951

Is Amrn the first time biz has ever been right about anything ever?

>>16557178
There's a surprising amount of people that have made money on this board
SMG makes money, but nothing prevents the retards from posting the same as the smart guys
MU, EZA puts, that one oil company that pumped and dumped twice, plenty of others that came and went pretty quietly
Hard stonk memes in SMG usually don't end well though lmao

>>16557178
... No, I called NLTX on Fri and it popped on Monday

What is a good brokerage for a Canadian?

>>16556006
What a faggot

AMRN is selling fish oil?

>>16553058
@ the person asking about the tkks dips

Its a general business company that capitalizes off of market evaluation, share exchanges. It is blank check and they are based uin Hong Kong, there is no real news following the dips, but it's safe to assume they are due to the riots. Both times I bought into these dips due to the lack of news that followed them, and both dips I made hundreds. It's kindof a gamble but its really unlikely that the dip will stay, it generally dips friday and fluctuates until monday when it shoots back up to original price. Pretty much MM's, tariffs and riots, but there is no specific smoking gun per se.

>>16557178
I have seen a plethora of predictions on here that ended up being correct. Tons of correct trade options predictions: LULU puts, NLTX, GME etc. Also plenty of profitable stocks that arent pharma or penny, TKKS and HEBT (If you listened to me) AMD, GME. It kindof drives me insane how negative people are on here when the extent of their market research is 4chan and a few trading books and they have never stepped foot inside a college level math or market evaluation class, they have absolutely no stocks or important predictions to contribute so instead they make fun of other peoples trades and call them retarded, when they probably have about 100 dollars tops in overall profit, so the entire thread gets flooded with meme stocks, shills, trolls, and general dickheads who's only contribution is claiming other people don't contribute and spamming shitty memes that are usually really unintelligent. If you actually read the thread and research some of the calls people make you'd realize there are actually some really intelligent individuals on here who catch some really niche trends and are kind enough to share.

>>16557178
GORO. People here said it would moon at 3.30, and its 5.30 now. Absolutely insane gains considering its a miner.

For me AMRN is not just another stock. Some people just go "hey if I make money great, if I don't oh well" Which is fine and to be honest that's the right way to go about it. But for me, losing money on the deal was never an option cause I need all the money I can get. Long story short; I'm 36, didn't save as much as I should've during my 20's/early 30s. So now my retirement plan is kinda lacking. AMRN is a way to correct that mistake and give my retirement plan a big kick in the ass. Sure I've got a pension and a 401 and now a brokerage,etc. Both the pension and 401 are doing rather well, but still. It don't mater how good the investments are doing if your still behind as it were. All the retirement people tell you this; "by age 40 your on track for a nice retirement if you have double your salary in the bank (or invested)" Thanks to AMRN I'll hit that mark about 4 years sooner.

Hu

>>16555341
Bought at 0.4. I think we will see some upside next week and if it's only shorts covering. I think there's still some china fda news to come.

>>16555458
A come on. Every company gets those. Each single one and nothing ever happens.

>>16557876
I'm happy for u :)

>>16556951
Is this a Bullish or Bearish Indicator?!?

How high do we think AMRN is going next week before an inevitable dip?

I think 30 is pretty reasonable by Tuesday.

>>16558106
Holy Buyout anon has been right thus far....Will hold up to and including the 28th.

>>16557524

>>16558111
The 28th means nothing now. It was the deadline for the FDA.

>>16557055
>I find it helpful to remove cope phrases like this from my lexicon. All losses and gains are real
>All losses combined, it still cost me less to become a consistent trader than my bachelors degree did

Be patient, everyone who bought SNSS. Our day is coming. The 300mg testing showed the biomarkers being heavily effected, Ibrutinib only showed effectiveness over 400mg, the same is almost certainly true for Vecabrutinib. Our moon mission is late but it is coming all the same. Buffet-Sama will not lead us astray

>>16555416
CORV is gonna bleed to death if no buyout , and honestly I think they have little advantages for big players to buy.

>>16554363
All I heard was phase one agreed in principle, which was already known since October. I refuse to believe this is the only reason the market pumped.

>>16558495
>he refuses to believe?
>pump it

You don't understand. None of you understand.

Here is the hidden truth that has only been revealed to a few initiates: Xi, not Trump, is the true golden bull that will lead globalist capitalism to its thrilling climax. Trump is just a confused old man, a chess piece in the international bull games. XI will be the one to make sure that SPY 500 happens. The indeterminacies of US politics don't matter before his spending power and industrial might.
Don't think I'm trying to construe some China vs US crap. It has nothing to do with that. Xi is unrestrictedly bullish: he wants the indices to pump as much as possible. All of them. But many times he hides behind a crab facade.

Any Editas brot here?

Beginnerfag here, anyone recommend any books, or are they all memes to make me easy to predict and manipulate? I have read some basic money management, checked the links as well. I read the fundamentals of technical analysis which was pretty decent and Learn to Earn.

Anyone have any feels about seasonality or cyclical trading?

Also pivoting from tech/finance to shiny rocks seems to work during downturns. Any recs on books regarding specific market entrance/exit?

It seems to me that a lot of Technical analysis is just meme magic and Fibonacci autism for some reason works sometimes. Any of you bros incorporate that into your strategies? (not looking for specifics, just whether its worth investing energy into)

Right now I'm just dicking around with a couple thousand $ trying to get experience with some real psychological consequences before I put any real money into play.

Unfortunately I am a supreme professional white collar wagie so some weeks I am exclusively after hours trading, but that may benefit me in the future because I work in a research heavy market and may be able to see big happenings before they affect the markets.

Wat read bros?


Pic unrelated, decent rye.

>>16554868
>I put almost all my cash in AMRN
why?
target price you'll sell?

>>16554733
>There's still more good news in the wings
whch news?

>>16558703
Investopedia.com is all you need.

>>16553058
When will I be able to buy AMRN shares again?

>>16558740
Monday nigga.

>>16558285
What to reasonably expect the proce per share to become?

>>16558740
Monday, but they will be up bigly during premarket before you have a chance to place an order.

>>16558764
If they get PR on 400mg? $3

>>16554733
>The stock price will climb all throughout the year due to demand and drug profit out the ass
sorry if I asc but which is this drug?

>>16558786
Vascepa. Are you new or retarded or both?

>>16558773
Dang, now 1.70 is small potatoes?

By the way, AMRN is 26.71 now, everyone. How high will this motha go by opening?

>>16558821
30 monday EOD. 27.5 premarket

>>16558773
>If they get PR on 400mg? $3
why?

>>16558821
we have been promised $90 per share before the next decade dawns

>>16558831
Because he thinks 400mg will cure cancer.
We don't know that though and if it isn't good(it doesn't even have to be bad) we go below 0.3 for sure. Probably somewhere to 0.1-0.2.
Snss has a lot of bagholder now and going up is not easy.

>>16558786
Not to shit in your potatoes but wide adoption will only happen if the American College of Cardiology puts it in their preventative guidelines. Even then people may just be told to buy the OTC supplement.

This is basically the same story as Ramelteon (Rozerem). A prescription drug that is the same as an OTC supplement. Docs just tell people to buy the OTC supplement because its cheaper.

>>16558880
You are way off-base. Generic melatonin vs. ramelteon is not in any way comparable to vascepa vs. a generic fish oil supplement. There will be no generics until their patent protection expires in a decade. The upside to AMRN is much more limited than many wishful thinkers seem to be promoting, but it isn't nearly as vulnerable as you suggest.

>>16558285
>>16558773
https://www.youtube.com/watch?v=zz3PhWFhA3I


Still trying to shill that fucking garbage.

>>16558930
The risk here is that to the generic doctor it may be that vascepa=generic fish oil
You can't explain it easily using only 1 sentence

>>16558960
>to the generic doctor
There is no risk of that for any doctor with two brain cells to rub together. It is a simple quesiton of whether or not evidence of comparable benefit exists. Until that happens it would be medical malpractice to recommend generic fish oil in lieu of a product such as vascepa. There is a reason a drug company spends the time and money to get FDA approval.

>>16558111
>she’s been right so far, the charts never lie!

>>16558703
technical analysis is bullshit

ive literally been throwing money at shit i dont understand and i keep making money

the only important skill to have is luck

>>16559047
>ive literally been throwing money at shit i dont understand and i keep making money
lol, market top indicator

>>16558990
Its not malpractice until its the standard of care as defined in the American College of Cardiology Guidelines. This is a pump and dump or hope for a buyout.

>>16559089
How does it feel to constantly be wrong and lose money everyday?

>>16559047
Bullshit. You literally called amrn an hour before it exploded.

>>16559089
You have no idea what you are talking about. Lying to a patient by telling them that they can obtain the same benefits as a prescription drug from an OTC drug/supplement that has not ever been shown to have said effects is absolutely malpractice.

>>16559047

>>16559151
Lol. An Industry sponsored study and FDA approval does not automatically mean there will be wide adoption into medical practice. The perceived utility of a drug will be taken into account as well as the clinical outcome variables. 99.9% of patients get a statin and their lipid profile will normalize. Statins also are the only one the medical community really gives a shit about because its the only one that has been shown in studies to reduce mortality and primary outcome measures.

If you take a look at another cardiac drug like Entresto released July 2015 you'll find the parent company NVS took a 4 year drop and just recently recovered. That drug still isn't widely adopted.

The market for this drug is smaller than you think.

I hope you continue to make money off of these trades but be weary of being overly optimistic about the medical field and the long term success of this company.

>>16558990
My only fear ismost doctor's are Affirmative Action students and hires, so they aren't nearly as intelligent as they used to be. They are bitches for pharma though, so I'm with you that they wouldn't ever tell a patient to take regular fish oil in lieu of getting a prescription kick back

>>16558831
Before I would have said 1.7 but the recent buyout of ARQL has changed it to 3. ARQL's primary value is in their BTK inhibitor, and they were bought for 20 bucks a share. So at least 3 is my guess.

>>16558875
>Cure cancer
No, I think it will treat cancer patients with mutations that render ibrutinib ineffective. There is no cure for cancer coming any time soon. The closest is probably the team using Bacteriophages to target cancer.

>>16558864
>we have been promised $90 per share
by whom?

>>16559255
Nice strawman. We aren't discussing widespread adoption, but rather your assertion that doctors will be prescribing generic fish oil supplements in place of Vascepa.

>>16559271
>in lieu of getting a prescription kick back
Big pharma has every effective marketing and incentives, but the real issue here is that generic fish oil supplements have not been shown to have the same effect and therefore are objectively not a substitute. Kick-backs or no, no doctor is going to tell their patients that any old fish oil supplement can be substituted for Vascepa or related products until such a time as evidence were to show this to be the case.

>>16559384
Just stop, anon. Most bizfags have the IQ of a tree stump.

>>16557416
Questrade.

With all the good news it's important not to let the lure of the Fat Green Bag to get outta hand. Sure you'll get a Fat Bag but over doing it is just setting yourself up for despair and gloom if it doesn't come to pass. I look at it like this: If I get 45 - 50 per then hey its all good for me. If I get over 50 per then that's just extra gravy. I'm not talking about just the buyout price either but also the stock price itself. Low balling your expectations will save yourself a lot of mental pain later. Then if you exceed those expectations you can celebrate like mad.

NEW NEW NEW

>>16559630

>>16559630

>>16559630

>>16559630

>>16559630