/biz/ - Business & Finance

Disney and Nintendo are for soibois

Well well... they were right so far about biomarin and sarepta... will they be right about uniqure next?

>>16581492

>>16581475

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.


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.

>>16581492
and people who love money

post your portfolio tracking system

I will divine the short term future of one stock before I go to bed
Ask

>>16581553
Snss

>>16581475
All in aapl. Pe is only 23, lowest of all the megacap stocks. China markets remain open. Normal pe 30 means aapl is over 450. It doesn’t get any easier.

>>16581544
A combination of apps and websites including Schwab, yahoo finance, robinhood, Bloomberg, and CNbc.

I haven’t found a better system yet.

>>16581559
Knight of swords reversed

Over the next seven days it will probably perform disappointingly, most likely going down
Definitely not going up

Do you guys have any stocks that is in the abyss trying to find a bottom? With abyss I mean it made a new all time low and is just dying, I'm bored..

I wish Martin Shkreli was AMRN CEO rn.. FUcking CEO talking about helping people for low price fuck off nigger

Jeeeezus pharma is on Fire what the fuck is happening?! Was gottlieb just holding everything back and now the data and acquisitions can flow?

Astellas and Pfizer getting approval for prostate cancer drug just now... could fly tomorrow.

The play might really be PILL

>>16581625
Helping fat boomers is unironically the only bad thing about this stock

oh yeah AMRN guaranteed uber tank

>>16581660
fucking KEK it's already dumping another 2% after hours

>>16581626
Xbi has been consolidating for almost 2 years, bitch.

>>16581553
can you do SWSSX when you wake up

>>16581618
Buy some acb rofl

I literally can't believe how the mood around ARMN pulled a complete 180

>>16581492
FPBp

>>16581513
>>16581529
Onions

>>16581687
I already have resting orders on ACB

Is there any hope for amrn at all. I am losing money by the second on it, dear god. Does the ceo even care about his stock price or nah?

>>16581730
Might as well burn your money or give it to some crackheads. These fuckers will dilute to 2 billion cuz muh growf.

Shit, CURE LABU PILL TECL SOXL all on fucking absolute fire this whole quarter... I wanna make some money!

>>16581668
What’s your point?

>>16581757
It’s time for it to pop, you dumb brainlet.

>>16581748
Did you see that awful interview with him on CNBC today? Lost all confidence in the company after that shitshow. Then on that shareholder webcast they said some shit like "not caring about big pharma" and prioritizing transformative health over profit margins. Fuck what a dumbass CEO, pissed me off watching him on TV stumble through his scripted responses

Guys I need your help. How do I troll a site full of militant SJW's when they ban me the second I say anything that isn't about supporting fat trannie lifestyles

>>16581725
Fuck off pajeet

>>16581774
Eh... biotech Has already had quite the run, looks like it’s about to hit the monthly bollinger of resistance. So many of the top holdings have already gotten partnerships and buyouts, I just don’t know about that.

>>16581784
Did you really think it was that bad? That’s pretty much what I said when I was shitposting earlier, but I was pretty much just shitposting.

buy amrn now if ur smart

>>16581807
Act like them but subtly make them acknowledge the batshit insane nature of their hypocrisies.

XLV second month above monthly bollinger band? Shit that’s worrisome... I’m heavy in big pharma right now...

How long can it keep that up?

>tfw was about to put 100k into AMRN

>>16581833
It's dead Jim.

>>16581665
legit pulled the devil on it
>>16581675
3 of pentacles reversed: Weakness; mediocrity
Probably not good but also not a particularly strong omen

>>16581882
Sounds about right. Small cap has been underperforming large cap for some time now. If the bull run continues, the trend probably will as well.

> SPY

>>16581756
Well I trade, I don't invest this shit. I don't understand where the idea that you can't trade weedbro stocks came from, look on the daily and you'll see plenty of 10%+ pops from strong areas of support

>>16581522
Protect your money, anon. There is a reason the saying "don't marry your stocks" is popular among traders. It's not so much about hitching your wagon to a single thing and hoping it goes somewhere good. Diversify, hedge, take partial profit when the time is right, stay safe.

Good luck!

Jesus fucking christ if this isn't a cycle peak indicator I don't know what is

>>16581962
>don't understand where the idea that you can't trade weedbro stocks came from
A few anons took losses trying to knife catch during the bear market. That's why. I agree the weed sector has entered territory where long setups (swing) are beginning to develop nicely.

>>16581851
Nevermong, XPH still has room to go.

XPH calls tomorrow morning, you heard it here first!

>>16581522
AMRN really makes me feel like the game is rigged.

Next is WKHS getting the USPS contract and not budging because it's "priced in". Horseshit.

>>16581999
Shit... digits confirm but it’s got really illiquid options

Do I have to just play pfe, astellas, spark, GSK, and Roche, directly?

>>16581710
Because we were up 15% and shouldve been going higher and now we're down 7%

>>16582015
The game isn't rigged so much as people need to do their due diligence. The estimated annual sales potential for Vascepa is somewhere in the range of $2-4 billion. Generally these stocks will trade in the range of 3-4 times their annual sales. That means the company at it peak may be worth somewhere between 6 and 16 billion, but currently isn't selling anywhere near that much Vascepa. Prior to the approval announcement the market cap was 8.8 billion. This should have told people that approval was already priced in to a large extent if not completely so.

amrn and corv have been good examples this past week of news being "priced in" or not on both sides of the spectrum. corv got me good by dipping the day before adcom and then plummeting still after. you almost have to factor buyer sentiment in above all, anyone could have guessed that people would want to take their profits the second they could with amrn

Here's the fuckhead analyst that fucked us today

>tfw you sank your life savings of 5k into AMRN

Just another failure of my life

>>16582190
He didn't fuck us, it was the trading halt on Friday ahead of the announcement. If they had let it ride we would have seen higher gains before the downturn.

>>16582243
It's going to go back up but I didnt like the fucking CEOs tone on "mug big pharma hurr hurr" Fuck off. Everybody wants this company to be sold

>>16582248
It was the analyst and the people taking profits. Last time that Oppenheimer analyst tanked the stock by 25%

I'm considering taking a break. Just leave the stock to sit and come back jan. If it moons or tanks, I won't know about it. Two complete busts so close to each other drained me.

>>16582260
It was headed down for several hours before that was published. Everyone wanted to cash out. He downgraded from buy to hold which makes sense honestly. Buying in immediately after approval is not generally advisable.

>>16582299
Im thinking of cashing out next chance I get desu based on that fucking CEOs shit talking of potential buyout suitors

SMG is capitulating at year's end.

>>16582299
shill bootlicker, leave

>>16582314
I should have done so after hours on Friday, but held like a fucking moron because I thought that the hype might extend the climb at least for pre-market this morning. Imagine my disappointment when I found the opposite. I should have trusted my gut or at least set a stop loss on Friday.

>>16582355
>Imagine my disappointment when I found the opposite.
Same,I couldnt believe my fucking eyes when I saw that shit. I thought it was going to at least hold

>>16582353
I am not licking anyone's boots. If we do not properly analyze the situation we will never learn from our mistakes.

>>16581553
REFR and CORV

All I want for Christmas is for your accounts to end in the green no matter the percentage. Top lads and lasses the lot of you.

People keep posting about AMRN, but what in the world is going on with PTI? why are people on a witch hunt for the PTI ceo?

>>16582015
>Next is WKHS getting the USPS contract and not budging because it's "priced in". Horseshit.
This is one of the reasons I don't trade on fundamentals. You get all worked up about news and then pissed off when the thing doesn't do what you think it ought be doing in reaction to said news. It was, I wanna say about a year an a half ago, I was trading my old (shit) strat of half TA half FA kinda winging it, I was holding GOOS in to earnings knowing to a fairly high degree of confidence that they would beat. They did beat. Buuuuuut the stock dropped 12.5% that day and another 3.5% the following day. A real fuck me kinda move, I thought. The thing is you need to expect the market to do things you don't understand. That's why staying diversified across a number of sectors is important, being cautious, taking partial profit, and so on are all important.

Speaking of GOOS, I just glanced at their chart and see it did a dump on earnings beat this year in May that was way worse than the one I held through: earnings beat, -31%. How about that? lol.

>>16582391
>what in the world is going on with PTI?
I dunno but if you're holding that you should sell immediately.

Dubs decides if I dump all my life savings into Nvidia stock

>>16581807
befriend them and then introduce them to robinhood and investing
or teach them about cryptocurrency

>>16582445
Jesus christ, anon. If you're going to go all in yolo, at least do it on something like 3x Nasdaq or S&P. Never ever ever all-in a single company. You give away every single bit of advantage you have as an independent trader when you do that.

>>16582445
do it
with leverage

>>16582445
Dump it into QYLD
And ONE (1) atm boeing put.

>>16582366
Pearls before swine, my man.

The better traders will learn to be more cautious after parabolic moves, especially ones that all of smg is chasing.

Still have no idea if I should sell or hold. 20 shares in my IRA, 20 in my meme account, and this dangerous fucking call.

I may have to realize big losses on my LMT calls tomorrow. Rip me In Piece.

>>16582544
Wasted dubs

>>16581784
>They said some shit like "not caring about big pharma" and prioritizing transformative health over profit margins.
>Fuck what a dumbass CEO
Catch your breath Nancy. Instead of getting into hysterics over the CEO not pulling a Shkreli on national television, take 5 minutes to do some Google market research
>over $300 a month list price
>15 million patients
>$4.5 billion TAM
>He's negotiating with insurers and other buyers while taping the fucking interview
You fucking moron

>>16582594
Goldman Sachs gave it it's second highest rating for Merger and Acquisition too... Still tho

>>16582015
If a stock isn't mooning right after a positive catalyst, it's often hedge funds unloading because of their bullshit portfolio composition rules. Hedge funds have to do stupid things with large amounts of money, because they are hamstrung into servicing conservative boomer 401k's

>>16582615
True.

>>16582594
>over $300 a month list price
>fish oil pills

goddamn, that MUST BE the good shit
must be made out of ground up baby sharks or soemthing

>tfw don't fall for biz memes
>tfw never fell for the AMRN meme
>tfw trade the same commodities, ETFs and currencies that never fail and always net me profit

feels pretty good.

Not gonna lie that trade suspension Friday really fucked me with AMRN.

Wanted to sell some calls before close to lock some profit and now....I'm stuck with them.

Other than SAVA any promising pharmas that aren't too late?

>>16582615
This was happening. We also saw a purchase for 500k shares and another one for 200k shares too though

>>16582637
I started talking about BCRX last week and it went up 7% today.. I wouldve bought if my stacks werent already tied up

>>16582673
Will look into it.

so I've been doing this since I started investing last January
>drop my whole wad into whatever dow 30 stock is paying a dividend next
>hold until ex-div
>sell if breaking even or green, hold until green if not
>after selling repeat with whatever dow 30 has the next ex-div date
I'm up 10.25% over this year assuming the market doesn't shit the bed in the next few weeks. Is the strategy reasonable or am I just gambling?

>>16582625
>Vascepa is just fish oil
And Lipitor is just red yeast rice
>or soemthing

>>16582637
>I'm stuck with them
Good, post back here when amrn makes a much more positive price move
>any promising pharmas that aren't too late?
Gene therapies are hot, and will get hotter as QE4 encourages another round of aggressively leveraged buyouts.

Take a look at ITCI, it's near low end of 52 week range and a positive FDA approval is expected within 2 weeks. Their candidate was halted for safety data, and it is much safer than standard of care.

>>16582704
>not just holding an index fund for the same period of time and 2-3x the gains

>>16582704
The DJIA is up double that for the year, and that sounds like a pretty lousy strategy tbqh.

>>16582739
>Good, post back here when amrn makes a much more positive price move
If it does I will. I'm just pissed about the trade halt. And how options have no after hours trading but that's a separate animal.

>>16582704
you're significantly underperforming the index
even just the DOW 30 index without any dividends included is up over 20% this year.

>Is the strategy reasonable or am I just gambling?
do it for 5-10 years and ask again :^)
if you can make over 10% every single year, then that's not too bad (but you also have to consider tax inefficiency)
something tells me that your strategy is pretty bad, and you will want to try a more advanced div capture strategy to achieve better gains. But I don't have advanced knowledge about those kinds of strategies, all I know is that there are people who claim to beat the indices with more intensive div capture

Shit this is tedious

>>16582751
>>16582749
>>16582755
This year is an anomaly, the Santa Claus rally took place in January. No indications that this year’s returns are normal.

Measuring just YTD is pretty misleading after last year’s Powell pummelling

Past performance, future returns, etc.

>tfw can’t sell covered calls on qyld

>>16582704
>>16582755
the
>sell if breaking even or green, hold until green if not
is the biggest red flag I see in your strategy
There is almost never a time that you want to hold something just because it's below an arbitrary price (in this case, the price you bought it).
What is the longest that you were stuck in a position?
I think with div capture you want to keep moving regardless of price movement to keep hitting the divvies, you want more churn, more payouts. don't sit holding a bag and not getting paid because the stock price went down...
again, I'm not an expert on div capture strategies, but I think you want to avoid getting bogged down, you want to be capturing divs as often as possible.

>>16581522
fuck off AMRN shill. the stock is a piece of shit. tired of hearing about it

>>16582391
>>16582418
Can either of you fill me in?

>>16582937
I don't know I just took a quick look at the chart and saw it has gone vertical recently.

>>16582637
ONTX

>>16582391
Isnt PTI getting delisted?

>>16582627
Good job breh, I'm in the same boat.

Trump is going to be re-elected. The democrats are so short-sighted with this impeachment shit.

Mike Bloomberg's paid shills doing a dance.
https://twitter.com/nickciarelli/status/1205354210465742848

He's going to flush $100,000,000 down the drain on this garbage.

>>16583401

AMRN getting dumped at open or will the whales make some money off of calls?

>>16582637
Same here- I’m pretty confident if they just FUCKING ANNOUNCED IT and kept trades open, we woulda run to $30s that day. I had a buncha low cost $30 calls that expired that day- would’ve made some serious green. Mother FUCKER!!!! Im mad if you couldn’t tell ha

>>16583415
When did a dance ever payoff for a candidate?

General question. Where does everyone learn to trade? Do you just pick it up as you go along, do you follow other analysts or what? Also, who platforms does everyone use. I'm in Australia so I get fucked on pretty much all the cool financial shit you have in America like M1 finance.

How long has Tbaby been replaced by imposters? He was annoying but I hope he’s not dead.

Btw, Boeing’s going to absolutely fuck the whole industrial and manufacturing sector.

Seriously thinking about cashing out of MCD... I wonder if fears of food price inflation because meat shipments to China will knock it.

>>16583415
>we want to create the impression that...
God I hate politics so much.

>>16583609
Consult links in the OP, especially investopedia. You pretty much have to pick it up as you go along. Youtube can also be okay if you want to see examples of certain styles of chart analysis.

>>16582637
>>16583515
I'm thinking the same thing, would have been nice to sell my options rather ultra green rather than mildly green now.

>>16583401
>>16583415
This one nigger pointing the wrong direction with that soulless look on his face. These are the most low effort actors I've ever seen.

>>16583638

>>16582858
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.

>>16583415
This guy hired the dancers than shat on Bloomberg for hiring dancers? Is it because they cancelled his gas stipend?

>>16583664
I kek evri tim

>>16582015
>>16582399
Friendly reminder. If it doesn't move and you think it should, buy more.
https://en.wikipedia.org/wiki/Mr._Market

>>16583358
>Trump is going to be re-elected. The democrats are so short-sighted with this impeachment shit.

Last time the Republicans tried to impeach it nearly cost them the 2000 election and that was with actual evidence, a crime, and the president lied to the American public on live television. Impeachment is political suicide the Democrats just killed their hopes for 2020 and possibly 2024 and beyond. If Pelosi is smart she will use this failed impeachment as a weapon against the radical elements within the democratic party like AOC and turn the party into something electable next time around.

Little bugs *swat*

>>16583684
>Democrats just killed their hopes for 2020
Economy did that.
Black swan event tanks the economy, trump loses. Simple as.

Everything Dems and reps do in the meantime is about donations, and making sure a base is fired up in case there is a black swan.

Trump and aoc are both pumping donor money into each others campaigns, mutually beneficial relationship.

>>16583759
>Trump and aoc are both pumping donor money into each others campaigns, mutually beneficial relationship.

What kind of weird psyop drugs are you on?
Trump is set financially, he setup his reelection machine earlier than any other standing president in U.S. history. He has no need to fund AOC due to Democrats fielding weak 2020 candidates nor are they on good terms with each other.

>>16583401
>>16583415
>>16583638
This has already been debunked you gullible boomers. It was a parody from a comedian with no relation to the Bloomberg campaign

>>16583684
>If Pelosi is smart
She isnt but trump might lose

>>16583839
Oh not directly, but whenever trump calls her out on her shit, I bet donations pour in to her campaign. And whenever she okay boomer’s him, I bet seething donors shovel money at trump.

The system isn’t about supporting the candidate you like, it’s about supporting the candidate who opposes whoever pisses you off the most.

>>16584014
Any of the top 3 in the democrat primaries would not hold up well during a presidential debate against Trump. As long as the economy holds and he has no major gaffs like Biden has been having the last few weeks he will win re-election very easily.

>>16584017
No black nail polish on best girl Marnie, for shame.

Do the charts ever lie?

It looks like there’s been a golden cross on the XBI and IBB.

BUT the two are running right up against the monthly bollinger band, which tends to limit movement...

What say you, experts?

>>16584081
Heh, good eye.

>>16584101
what do You think?

>>16584157
I think... it can and wants to go higher, and that the bollinger can be violated. But the upside is limited.

>>16584185
Oh gosh... maybe even more upside in small caps? I forgot my thesis there besides that they need to catch up and are perfect for risk-on. Also, getting overweighted on the COT while the S&P is getting underweighted on the COT and the DIX just plunged.

Really, I just like the pharmas and think there’s a lot of good catalysts coming out. Even for total cuckhold of the Dow, Pfizer.

Is there a reason why WKHS is good? This all looks like poopy, why the fuck did their balance sheet just explode in 2016?

>>16584358
Well it’s a memestock innit?
Wkhs and refr, who the hell knows.

>>16583664
If amrn is something that can really do that much to change your life then you should have no problem giving us 3 solid reasons to purchase at the current price

>this headline on my chrome news headlines
Well fuck we’re in for a pullback.

Holy shit the CNBC uk people are ripping apart the YEXT ceo... brutal, just making him look like a big stupid idiot helping corporations make sure the right lies get to the public.
We used to have a YEXT shill, seemed like a real redditor. Hope he didn’t invest too much in this company...

how to get out of 800 shares of GE that were purchased at $19/share


wait it out or cut losses

>>16584678

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.

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.

>>16584812

Sell options make them work for you and average down

>>16584820
Honestly buying put protection might be a good idea, no? I think they’re a partner with Boeing on the 737 max...

>>16581587
Dude, that is ANOTHER reversal card. "Big change" doesn't mean "Big change DOWN". I mean Tarot is bullshit but that's 2 big change cards you've pulled for SNSS tomorrow. A "big change" would be it going up since it's gone down so consistently for months.

>>16584812
Well for what its worth UBS upgraded GE to a buy with a PT of $14. Id hold for now.

>>16584857
>inb4 .12/share
eat shit

bump

AMRN TO 100

ATNT calls stupid rn? I feel I missed the train, but it still looks promising at 38.5 strike

Morning, ferns. What are some memes?

>>16585348
AMRN. They just got FDA approval and the stock price hasn't risen yet. Big pharma is waiting just around the corner with big fat wads just for you, but you need to buy in now before it is too late.

>>16582373
Over the next week
REFR will have a minor upswing most likely but could go either way
CORV - Wheel of Fortune. Invest, it's going to moon

Redbull me on robo advisors, I know nothing about trading stocks.

>>16585397
You should invest through divination
Otherwise ngmi

>>16585348
SNSS and SAVA

What an absolute shit show these threads are lately what’s going on here? Fuck y’all for ruining a good thing

>>16585426
loads of newfags idk why

Lads I need some advice. I want to get surgery done for a congenital defect I've had since birth (of the ear). I think it has affected me my whole life with women/self esteem. However it costs 2k, which means 2k less in my investments. What do? I'm kind of leaning towards get it over and done with (I'm in my mid 20s).

>>16585439
kys

>>16585439
Man, fuck surgery. Slam that 2k into Labu or Jnug, and do the surgery yourselfbwith a razor blade and some colt40

>>16585439
You have to think big picture. $2k may seem like a big hit now, but obviously employers won't respect you if you look funny or ugly. By fixing this defect now, you are setting yourself up for a lifetime of higher income.

>>16585439
Absolutely get the surgery, you can make that 2k back trading in literally no time once you develop the chops

>>16582779
YOU asked us to evaluate your strategy. I think your strategy sounds moronic on its face, and you haven't given us any data to think otherwise. Do you have any data that shows how your strategy would have fared in past years, and how it would fare versus merely holding a typical index fund on average?

lmao @ imgn

>>16585451
>>16585488
>>16585516
Thank you for the response guys. Think I'll probably get it done.

https://www.predictit.org/markets/detail/2721/Which-party-will-win-the-2020-US-presidential-election

Buy Amazon. This thing has to stop going sideways sometime.

>>16585694
if I were a betting man I'd bet my money on Trump winning by a landslide

>>16585348
CNAT

>>16585715
It's going to hit 60% around the time dems get a candidate. Right now they are in a honeymoon phase before the infighting begins. The Dem convention is going to be a battleground IMO. They are fucked which is why they are doing impeachment because they want the volatility, at this rate they are going to lose.

According to Smith & Hall, the Latin word for stock (or, more generally, for invested capital) is "pecunia collocata."

>>16584857
or it could declare bankruptcy.

>>16581475
well lads do i buy now or wait for the lawsuits and airline compensation news to buy

>>16585904
forgot pic

>PTI
i had such high hopes. Out at 2.35.

how does pre market work. It keeps stewing with me.

>>16585910
hooooooo damn. wish I could get in on a potential bounce but I'm all out of day trades

>pti
what the absolute fuck

>>16585910
it was apparently at 6 earlier and now its at 2,90

So, uh... SNSS is up 7% pre-market. So that's a thing.

>>16586058
When did you start tripfagging m8

>>16586071
Some people in an earlier thread bitched at me for not doing it, which I thought was madness but I decided to humor them.

>>16585973
Seeking alpha told people to buy it at 4.10, they bragged about their investors being up 12-13% and now they're down roughly 20%

New form 8-K. Looks like Tarot guy was right with the cards he pulled but wrong about his interpretation. https://www.sec.gov/Archives/edgar/data/1061027/000156459019046142/snss-8k_20191213.htm

So now they've done a multimillion deal for Vosaroxin and TAK.

>>16586123
>0.0001 par value stock

It's getting there.

SNSS now up 9.5% pre-market.

>>16586139
... not used to reading SEC filings I take it.

>finally figure out how to code in thinkscript
>put vwap on my chart
>create a hull moving average OF the vwap

holy shit did i figure it out?

>>16586149
No, all technical indicators are bullshit.

>>16586123
Fat stacks of green incoming! Big pharma will knock on SNSS doors!

>>16586142
>I'm up 27%

>>16586149
>hull
Why not Juriks?

Can somebody explain the weird ask prices on these out-of-the-money calls? I have the $22 strike and it's causing my portfolio dashboard to get all wonky and say that I've made a shit ton of money.

>>16586213
Oh fuck im smoking the ganja. Wrong pic

>>16585439
>birth (of the ear)
what is 'birth of the ear'?

>>16586179
literally never even heard of it before but i'm a huge TA nerd so thanks for giving me something to read about and maybe test out today. also it's not in thinkorswim natively, i guess i'd have to download it or code it up myself (which is actually surprisingly easy to do). what's so great about it comparatively? the hull was developed relatively recently (2005 compared to a lot of indicators invented in the 80's or 90's or even earlier), uses math to significantly reduce lag and give more accurate trend readings: https://alanhull.com/hull-moving-average

i use it on a lot of things. the nice thing with the vwap is that it allows you to know if the vwap is rising or falling very accurately. combine that with a momentum and volume indicator and you're pretty much good to go. i was just surprised how much better it seems to be to use the HMA of the VWAP instead of just the HMA of the closing price or even HL2.

>>16586155
indicators aren't magic lines, they are telling you information about the price, volume, and time. that's it. if indicators are bullshit literally everything is bullshit and profiting off of trading is impossible and investing is a gamble at best, so good luck with that.

>>16585439
Post pics

>>16586117
Fuck, I just saw that PTI rejected a monthly level.. it would have been an easy fucking short if you tracked the stock. Damn

>>16586148
it was a joke. your stock has been trending purely down this whole time.

What do you UK/EU guys buy? I want to buy some US ETFs but the tax implications suck. Might get SPY5.

No more biotech stocks or betting on earnings reports for me. Its straight edged investing from here.

thoughts on invest in tencent?

>>16586416
>investing in an evil chinese company
no thanks

>>16586374
>it's being manipulated
>i'm fine with this
>going back up any day now

"Amazingly, it is widely considered acceptable for medical researchers to be ignorant of statistics. Many are not ashamed (and some seem proud) to admit that they 'don't know anything about statistics'. "Huge sums of money are spent annually on research that is seriously flawed through the use of inappropriate designs, unrepresentative samples, small samples, incorrect methods of analysis and faulty interpretation." Douglas Altman (1994)"

>muh pharma trials

>>16586392
heh
you'll be back
they always come back

Started gambling on the stock market on October 30th. Its been a wild fucking ride the last month and a half.

>started with 1700
>went down to 1500
>went up to 1900
>now im at 1300

>>16586213
>>16586227
Does anybody know? Is this some kind of manipulation?

>>16586142
>>16586123
>up 3 cents
Kek

>>16586430
the "health" industry people spent the last 40 years telling people it was healthier to eat carbs/sugar than fats. That wasn't even a misunderstanding of statistics, they were just hard wrong. And now everyone is ultra-fat.

if you listen to anything a doctor or pharmacist tells you for real it's all bullshit.
Just get whatever drugs they can give you and make your own decisions.
The real healthy stuff (Entheogens) are all still schedule I anyway, that should let you know how much these people care about your well-being.

>>16586233
>if indicators are bullshit literally everything is bullshit and profiting off of trading is impossible and investing is a gamble at best, so good luck with that.
the fucking irony, you'll learn soon

>>16586498
>That wasn't even a misunderstanding of statistics, they were just hard wrong

Wasn't it that the sugar industry was paying medical professionals to claim sugar was healthier than fat?

>>16581475
Bought some SNSS options for april

>tfw no liquidity so the price hasn't moved
gonna have to wait until april

>>16586511
yes. and to hide the fact sugar causes heart damage.

>>16583684
>Last time the Republicans tried to impeach
>the president lied to the American public on live television
waaaaat? no way!

>>16586511
man how should I know that kind of thing.
I'm here from the fat industry to try and convince people to eat fat.

I just started this job yesterday, they just gave me a notecard that says "tell people that fat is healthier than sugar".

Made an easy 180%, however, ROYT is kill, whats the next meme

>>16586228
The defect is ear related
>>16586264
It's an accessory tragus, easily Googled. 2 actually.

PTI DOWN 47% now, seeking alpha and some other site just lost their readers roughly 30%. Nicely done

>>16586392
how about straight edged trading instead? i'll still never understand you buy and hold people, it's hard enough predicting what will happen in the next 10 minutes let alone in the next 10 years. gaps between days can be fucking terrifying.

>>16586538
whoever is selling the jul 20 $1 needs to accept I will pay no more than .10

>AMRN

holy shit

>>16586595
2.5m shares

>>16586499
what's your strategy, anon? apparently you know so much more than anyone else here, i'm just here to make money (which im already doing with these "bullshit indicators"), so if you have a better way i'm all ears. otherwise maybe you should do us all a favor and shut your mouth, hmmm?

>>16586595
the ride never ends

I wish you cunts would stop having a dick eating contest and answer my question. This is my goddamn chikky nugget money and it's valuable.

>>16586233
It's simply another ma but it doesn't overshoot as much as hull does.

>Snow day
>Making money in the market

Comfy

>was up thousands on AMRN options
>now down $150

Fuck yeah

>>16586595
Like I said yesterday
>>16577011
And it failed to get above 24, which means down

>>16586666
checked, fuck yes I wanna lose it all make it fast and hard daddy

It's weird that SNSS is cleaning up their other pipeline items like this. Almost like they are cleaning house for a buyout.

>>16586691

>>16586706
Gonna need a little more to hang myself.

>>16586716
Well if you sell all your snss stock you might be able to afford what you need.

>>16586724
HA! As if I'd sell for a loss on this.

>>16586724
>Selling at a loss
>SNSS about to hit 0.8
Just no

>>16586617
I don't have a strategy, long the VIX btw

>>16586691
Our $3 a share incoming?

>>16586732
Some people bought at over a dollar

>>16586691
Seems like it, right?

My 33 cent limit sell was gobbled up this morning.

Shorting TSLA again. Can’t get burned again, can I?

>>16586765
Who the fuck bought over a dollar? SNSS anon was shilling it when it was 60 cents.

>>16586642
it seems it costs money to get though. it's proprietary? also the trick with the hull is that it's not just the color that's significant (i.e. positive/negative slope), but the relation of price to the HMA as well. you'll often see that the price action crossing beneath the HMA in an uptrend is an early warning that the trend may be ending soon. it's a momentum thing. having a long term and short term HMA helps a lot too (i.e. there may be a short term pullback in an uptrend instead of a real reversal).

>>16586747
thanks for making it that much easier to discard your opinion, then. :^)

>tfw sold all my linkies at 3.10 before it fell into oblivion
Long live actual investments.

>>16586777
Trips confirms good memory. Also people buy the top of shilled stocks all the time. How about all those people who only hopped on the AMRN train after that 16-0?

well, have some SNSS $1 jul 20 calls. whatever happens happens. I'm used to being a loser so I expect to not be disappointed.

>>16586784
Like I said, you'll learn. We all had to.

>>16586818
I bought 100 shares of AMRN after the news broke on friday and sold them all premarket and made $200. That's how you play the news.

>>16586784
>it costs money to get though. it's proprietary?
No, it leaked and is freely available on the internet inclusively tradingview,

LOL

AMRN DOWN ANOTHER 5%

LOL

"BUY THE DIP"

LOL

"WAITING FOR THE BOUNCE"

LMFAOOO

Monthly "Is PCG worth the gamble" question?

how is Trumps impeachment going to affect the market?

>>16586855
>Market fish oil you can buy over the counter for $200 a month

Big Brain Time

>>16586855
never investing in fish oil stocks again

>>16586866
A few months ago, I thought he might have been impeached. Well, he might, but he won't be convicted in the senate

>>16586866
it won't. I don't even care for Trump but its unironically nothing.

>GME

Who has the insider info today?

>>16586903
Fucking gamestop

>>16586910

>>16586912
>Up 2.8% over night in my investment
>Going to mid teens®©

>>16586928
Not Kosher, sorry. What are you, an antisemite?

Amrn is like a crash. Bunch of people sell, price drops so more sell, price drops, then everyone is selling.

anyone else think CNAT is gonna pop upwards out of that channel?

>>16586940
Do I look like an antisemite?

>>16586842
alright i'll check it out, if i can find the source code of it i can probably rebuild it in thinkscript.

>>16586822
come back when you have anything of substance to actually say, because until you do im going to assume the guy who "doesn't have a strategy" is going to lose his ass gambling on options in the long run.

>>16586949
buy now, hold for a week

fucking kek

>>16581618
ADMP

Buy NIO puts.

>>16586985
How retarded are people these days? He's literally asking for the death of our current system just so he can be reflected

>>16587007
What would be so bad about the death of our (((current system))).

Told you to get out of AMRN yesterday

>>16587007
Reelected

>>16587019
Phoneposting sucks huh

>GEO
>CXW

Trump 2020

Please anons, I'm looking for some kind words. Tell me CLF is good and it's headed straight to $10.

Is the Holy Buyout off the table? All that shit about keeping prices down for boomers and not being like big pharma. Fuck.

>>16587097
if there is a buyout it'd probably be $25/share....if that

>>16587007
>>16587019
We want him re-elected though. Can you imagine the market with Biden in office? The markets would literally turn into a limp dick and we would be so bored that we (investors/traders) would most likely turn to China for some good dicking

>>16587105
Biden is a seasoned wall street whore, the fuck are you talking about? Its Warren or Sanders you need to worry about.

So who fell for the PTI scam?

>>16587097
anon, there was no buyout on the table.

Does inpx look healthy?

Ratsu... Are you in on UN...

>>16587136
No. INPX has been on a steady downward trend for the past 3 years with no news or signs of ever changing. Avoid like the plague.

P-people say it’s bad to make money when you start trading because you get overconfident, r-right? Guess I won’t have that problem now.

Any recommended stocks to buy into?

>>16587171
AMRN

>>16587162
honestly it's mostly about trader psychology and risk management. if you're rock solid on those you could literally just flip coins to decide whether to go long or short on any given trade and make money in the long term. any professional will tell you this. after that it's just about figuring out a system or pattern that you learn inside and out that gives you better odds than a coin flip, there are tons of ways and they can all be used successfully. the common theme is going to be psychology and risk no matter what.

>>16587171
Jeebus Kribes, dont ask that question here.
Just buy something that is a staple of US culture like Coke/Pepsi or McDonalds or Chickfila or Apple. Dont buy weed, dont buy pharma, dont buy meme stocks.

>>16587176
Look i'm autistic but not that autistic.

>>16587171
SGMO

>>16587171
Try stocks with single letters like T or F

>AMRN
AAAAAAAAAAAAAAAA
IM NEVER FIGHTING THE TAPE AGAIN

Jeez, I was one of the people spreading FUD and saying “don’t count your chickens, nothing is certain, etc.” but damn.

Selling my AMRN call for a loss $50-60 loss today it looks like, keeping my 10 shares because fuck it.

Should’ve bought more Lilly calls instead, and shouldn’t have sold two this morning, they’d be been worth twice as much.

Are you guys seeing LLY run right now?

Fuck AMRN for cutting my gains.

Can we make CLF the next meme stock? I mean, just look how fucking based the CEO is.

>>16587171
AXAS. Currently have 5,000 shares. Looks like it's trending upwards every day.

>>16587171
I want to say SGMO because it's basically at that significant support level of $8 now, but i just can't trust that company after ASH was a bust on beta thal. so glad i got out of that profitably before it tanked, feels bad i didn't have the balls to short the ever loving shit out of it even though i knew what was going to happen (history repeating itself) and the technicals all supported that heavily, coulda made over 30% in like a week. just another reason why i'll never trade on fundamentals alone ever again, i was a bag holder in that shit since july 8th thank god i got out in time profitably.

>>16587171
ALL YOUR MONEY IN WEED DUDE LMAO
WHAT CAN GO WRONG WITH 1000S OF POTHEADS ALL WANTING TO BE A WEED DISPENSER SO THEY CAN GET HIGH OF THEIR OWN SUPPLY
NO OVERSATURATION AT ALL

>>16587186
>>16587197

Sadly not on my broker, Any others you guys can recommend?

What the shit... eh does the market hate Marvell? It’s the one tech/semiconductor that won’t run. Should’ve bought NVDA or ever AMAT...

CVS got CRUSHED what was that?!

>>16587184
Wrong, buy pharma. Buy the MRK dip. Catch the BMY run. And shit look at Eli Lilly go...

But also buy this fucking PEP dip!

Also, NTDOY is for beef bowls

Off the RH cash management waitlist today; couldn't be more excited! Looks like they're taking 2-5k people per day.

>>16587217
Kek, thankfully already sold all my weed stocks a few hours ago after I realized how autistic it was.

>>16587118
... and you don't think he needs to cave to the new stance democrats have taken for the last 2-3 years? The typical limp dick democrat + caving to the radical leftists in the congress to get votes = a limp dick market.

>>16587171
NIO

CONN is at the lowest its been in two years.

>>16587186
Hedge funds recently sold. Could just be tax loss selling thought. Thoughts?

>>16587237
Even though its painting W's? An option to consider though, thank you.

Is there any hope for AMRN to bounce back? I'm pretty deep in the red now...

>>16587269
yes negro, thats what im talking about! yeet!

>>16587250
Pretty obvious buy area at 8-9.2

>>16587273
if you have stock then just hold that shit. It will creep up when their drug actually starts making sales money. Might take a year or two or five, but it will happen.

>>16582015
I didn't even look at the news and knew things weren't looking up. Considering that it kangaroo tailed back down; false breakout regarding the resistance from a month or 2 ago.

>>16587233
>radical leftists in the congress
there is literally four of them.

>>16587197
shit would buy if it wasn't up 13%, the name Abraxas is that of a great and powerful Archon.

>>16587301
>there is literally four of them

>>16587274
Hehehe he’s a born politician, says one thing, gets elected and says the opposite thing.

>>16587233
Hey cutie
In case you haven’t noticed, warren is the one being forced to capitulate. Bernie hasn’t gained or lost any supporters since he lost the primary 4 years ago kekkies

This election is such a joke, but who the hell would want to run against this economy and inherit what comes next?

Seriously though I wish Biden would win this primary and kick warren’s substitute teacher ass to the curb. That’s all it would take for my pharma stonks to MOOOOOOOON!

>>16587171
Buy SNSS, SAVA, and AMRN now that it dipped so hard.

What do people think about following hedge funds or other niggers with shit tons of cash? Usually they beat the market by a little bit (which is usually also offset by their fee), but if you follow their picks without paying them you'll be getting a good portfolio right? The only problem I see is if they try to jump out of a stock it's going to get dumped before you can respond.

Is LULU a good option? Its currently dipped.

So what scanner do y'all use?

>>16587311
There is literally four of them tho.

>he doesn't know the Democrat party is center-right

>>16587288
yeah, im waiting.

>>16587316
Sadly none of those are on my broker.

Question about trading... Of all the things you can know or not know about the market, magnitude of a move in your favor or against you is one of the things in the category of outcomes you can't know, or at the very least can't reliably know, right? This is pretty much what gives rise to the concept of "letting winners run and cutting losers short" and in some cases using partial position sizes (as a means to adapt to the uncertainty of the move) correct?

I'm asking this only because at this point at my skill level (breakeven to consistently profitable) the major thing that fucks with my performance is not getting a big enough piece of winners or going for too big of a winner and giving back a decent amount of profits or even having a winner swing to a losing position (especially when scalping). Most of the other usual suspects of trading I have covered or I'm actively improving each day. Profit targets seem to be a total crapshoot though.

Any videos of traders who do this amazingly? How do guys deal with this?

>>16587118
It’s just trump, it was always trump, and we will get him a third and fourth time if they keep impeaching him

>>16587370
>black flag tattoo
Gah, why do I have such a thing for hot messes in the making?

>>16587399
Tbh I think Trump wants to get out.
If he wanted to cling to power, he could, and simply refuse to leave office and nobody would be able to do shit against him.

How is this fucking Boeing stock up?
Is the whole market just one giant scam?

>>16587424
It is a machine to transfer money from the impatient to the pateint

>>16587414
A disheveled girl is a reflection of yourself.

>>16587416
I don’t know how you could be more wrong

>>16587424
Because the news of the discontinuation of the 737 was already priced over the last weeks.
Something is going on thats good for Boeing.
We will see in a couple weeks, when the good news releases, and the stock then drops.

>>16587416
The only way Trump is leaving office is his body giving out and dropping dead

>>16586971
Remember what I told you to buy earlier, Anon?

>>16587424
It’s a duopoly. Boeing and airbus. So eventually, the 737max gets approved and Boeing goes to 400.

Or at least, that’s what Cramer was saying this morning. Lot of big moneys folks are afraid of missing that move and keeping it from dropping to 300.

Fuck Boeing. They’re going to measurably knock gdp and exports, and have really compromised the status of the US faa.

>>16587434

I agree BA will overcome all of this, but not in the short term. Right now the impatient are the ones unwilling to wait for a bottom which is not even near yet, the recovery starts late 2020 or even 2021.

>>16587438
In which aspect? Trump wanting to get out?
For him this was all a self-advertisement move he didnt even expect to win.
Or about nobody doing shit to him if he refuses to leave office?
What they gonna do? Impeach him? lmao

>>16587478

New

>>16587435
What did you just do to me? TOO REAL

>>16587274
>things can't change over time

am i correct in reading that those quoted tweets were from 2012? so over 7 years old?

>>16587414
Because they are interesting. Same girl on the right.

>>16587171
GTFO

>>16587560
desu I think I just have a savior complex. Even in it's cold and jaded state, shit still tugs at my heartsrings

Why the fuck should I day trade when the taxman fucks me over an extra 15% on each sort term trade.

>>16587701
because of how lucrative it is even in spite of that, obviously. if i told you i would give you a million dollars but the government will take a third of that would you just be like "nah no thanks"? an exaggeration of course, but you get the idea. even with that i still make way more money than i ever did in my old day job and i can do it naked in my home if i want.

>>16587701
The taxman fucks you anyway you do it. The only way to get out of taxes is property.

>>16587778
How does property get you out of taxes?

>>16588018
Well, assuming you're in America. You can trade up properties to avoid capital gains. You can also write off a lot of the shit you have to pay for as expenses so most of the equity gains just get snowballed into bigger properties with 80% leverage while you take the rent after all expenses are subtracted and pay a generally lower tax on that "income" rather than capital gains. There are some other systems you can use to avoid taxes with properties in other countries but from what I can tell America is the best. That's why I want to move there.