Share Picks 2020

bizidea

Looking at asrt anyone have any thoughts wouldn't be thinking long term with it

hottipper

bizidea wrote: »

Looking at asrt anyone have any thoughts wouldn't be thinking long term with it

Here ya go

Company
Assertio Therapeutics, Inc.


what it working on:

GRALISE | N/A
Postherpetic neuralgia - shingles
Approved January 28, 2011.

SEFELSA | N/A
Hot flashes
CRL issued May 31, 2013.

Cosyntropin depot | N/A
Adrenocortical insufficiency screening
CRL announced October 21, 2019.

Symbol
ASRT

Shares Outstanding
80,681,000

Float
79,550,256

Insider Ownership
0.60%

Institutional Ownership
92.40%

Market Cap
89,555,910

52 Week High
5.76

52 Week High Date
04/05/2019

52 Week Low
0.6829

52 Week Low Date
12/09/2019

52 Week Change
-74.24%

Average 10 Day Volume
3,009,640

Average 30 Day Volume
3,369,581

50 Day Moving Average
0.94

200 Day Moving Average
2.34

5 Day Change
2.78%

30 Day Change
41.42%

1 Month Change
56.34%

3 Month Change
-16.54%

6 Month Change
-65.74%

Year To Date Change
-6.72%

1 Year Change
-74.77%

2 Year Change
-86.00%

5 Year Change
-93.56%

Max Change
-50.00%

Finances
========

Total Cash
110,949,000

Current Debt
120,000,000

Revenue
311,770,000

Gross Profit
191,520,000

Total Revenue
311,770,000

EBITDA
170,171,000

Revenue Per Share
3.86

Revenue Per Employee
2,687,672

Debt To Equity
2.57

Profit Margin
11.83%

Enterprise Value
544,713,910

Enterprise Value
To Revenue
1.75

Next Earnings Date
03/03/2020

Ratios
======

Trailing 12 Month
Earnings Per Share
-0.765

PE Ratio
-1.45

Put Call Ratio
0.4235

Beta
2.0315928258694442

Price To Sales
0.29

Price To Book
0.40

Forward PE Ratio
1.31

PEG Ratio
0.03

52 Week High
Of PE Ratio
5.64

52 Week Low
Of PE Ratio
0.66


Report Date
09/30/2019

Period
Quarter

Assets
======

Receivables
43,952,000

Inventory
3,314,000

Other Current Assets
22,680,000

Current Assets
124,402,000

Property Plant Equipment
7,244,000

Long Term Investments
6,872,000

Intangible Assets
615,768,000

Other Assets
1,380,000

Total Assets
756,866,000

Liabilities
===========

Accounts Payable
22,700,000

Current Long Term Debt
80,000,000

Other Current Liabilities
91,796,000

Minority Interest
0

Total Liabilities
508,432,000

Equity
======

Common Stock
63,939,000

Retained Earnings
-207,175,000

Capital Surplus
455,601,000

Shareholder Equity
248,434,000

Net Tangible Assets
-850,154,000

======
| Levels | Price |
+

---

+

---

+
| 2nd Resistance Point | 1.18 |
| 1st Resistance Point | 1.14 |
| Last Price | 1.11 |
| 1st Support Level | 1.07 |
| 2nd Support Level | 1.04 |
|

---

|

---

|
| 52-Week High | 5.76 |
| Fibonacci 61.8% | 3.82 |
| Fibonacci 50% | 3.22 |
| Fibonacci 38.2% | 2.62 |
| Last Price | 1.11 |
| 52-Week Low | 0.68 |
+

---

+

---

+
======

Looks like a yolo trade . i've seen some of these setups pop but not a trade id take currently.

bizidea

Think it might take a jump in the next week or two ha maybe its only a yolo trade but is every trade not a yolo trade

hottipper

monitor it at open for a few hours it does have some potential if it can get some momentum going

JMMCapital

bizidea wrote: »

Think it might take a jump in the next week or two ha maybe its only a yolo trade but is every trade not a yolo trade

Absolutely not if you do your homework and due diligence. The stock you mentioned has been on a downward trend for years, the company has zero growth and no potential you would be better off gambling your money on the ponies... I think with that kind of attitude you would be better off on r/wallstreetbets

Bob Harris

bizidea wrote: »

Think it might take a jump in the next week or two ha maybe its only a yolo trade but is every trade not a yolo trade

What's the potential catalyst that might give it a jump?

all about the mane

all about the mane wrote: »

Only just discovered this thread. In jd, baba and best inc for the last 6 months. Doing very well. Think there’s a long way to go yet.

Jd up another 2% again today and baba up 1%.

bizidea

Dont know if this is pure pox beginners luck only starting to invest bought adap at 1.51 and sold at 3.69 and bought cron at 6.74 and sold at 7.60 also bought asrt this morning but messed that up a bit by not setting up a limit buy on it surely the stockmarkets cant be this easy to make money on made more today than a lot of people would in a month. Looking at putting some of it back in to aacg and acor any thoughts on these shares

JMMCapital

bizidea wrote: »

Dont know if this is pure pox beginners luck only starting to invest bought adap at 1.51 and sold at 3.69 and bought cron at 6.74 and sold at 7.60 also bought asrt this morning but messed that up a bit by not setting up a limit buy on it surely the stockmarkets cant be this easy to make money on made more today than a lot of people would in a month. Looking at putting some of it back in to aacg and acor any thoughts on these shares

You will soon loose all that you’re purely gambling with penny stocks not investing.. this is why 90% of traders loose money. Have you even done your homework on these stocks?

bizidea

Pennies make pounds

MurDawg

Here we go again!

MongoDB - Its riding pretty high right now, however, i have very high hopes for it to go much further. Most used NoSQL database and most popular database to use voted for by developers - its revenue keeps growing at a very impressive rate. Plans for 2020 seem huge. With Amazon being a major 2020 competitor for NoSQL I wouldn't be surprised to see Google sniffing around.

Aidan Harney

Batrachotox wrote: »

Hexocorp - Canadian cannabis company

Well this is going very well the past 2 days!!

MurDawg

Square Enix - Delayed their two biggest releases today - dropping sharply. Will pick some up this week - is a solid bet to recover

Treppen

Batrachotox wrote: »

Brookfield Renewable Partners - been gaining steadily with this one over the last year, growth slowing slightly but company appears well managed and is in a sector I’m expecting to grow into the future. Likely a safe enough bet.

Hexocorp - Canadian cannabis company, after posting substantial losses price is on the floor currently similar to many of the stocks in a sector which did not meet expectations in 2019. A large degree of this is due to growing pains in the sector itself, issues surrounding retailing etc which are now being ironed out. More of a punt than anything but the sector has huge potential.

Looks like they're all on the climb again. There was a bit of a frenzy going on for years until the words "profit" and " earnings" became a thing.
Now that companies are starting to post results the uncertainty and purple haze is lifting.

I thought ACB were toast after last earnings report and dumped at 2.05 CA market price Monday as soon as markets opened. Regretting it now as they're riding with the tide.

Thought me a lesson though.... Just go long and forget about it till your ready to retire.

all about the mane

Aidan Harney wrote: »

Well this is going very well the past 2 days!!

A proxy for tilray?

Treppen

all about the mane wrote: »

A proxy for tilray?

How do u mean?

all about the mane

Treppen wrote: »

How do u mean?

I'm guessing the recent rise is mirroring the big jump in tilray. But this one is way cheaper so might be a good waqy to piggy back that movement if you have confidence in this sector.

littlevillage

Took a nibble of Tullow Oil on LSE this morning ? after its most recent spectacular fall (down 15% yesterday). A lot of Web chatter about it and volume is through the roof ... SP up about 7% today already :-)


This is real seat-of-your-pants gambling stuff .... so DYOR

q85dw7osi4lebg

How to make money:

Step 1: Buy SPY / S&P 500 any day , any week, good news or bad news.

Step 2: Profit

JMMCapital

bizidea wrote: »

Pennies make pounds

I have seen more stocks go to zero than double.

all about the mane

Caiden Immense Porterhouse wrote: »

How to make money:

Step 1: Buy SPY / S&P 500 any day , any week, good news or bad news.

Step 2: Profit

Sounds like the old mantra of ‘house prices only ever go up’

q85dw7osi4lebg

all about the mane wrote: »

Sounds like the old mantra of ‘house prices only ever go up’

Twas but a joke

If I buy it it'll tank. So I just have to watch it go up instead.

JMMCapital

Caiden Immense Porterhouse wrote: »

Twas but a joke

If I buy it it'll tank. So I just have to watch it go up instead.

A good time to move towards Treasury bills.

q85dw7osi4lebg

JMMCapital wrote: »

A good time to move towards Treasury bills.

Or Bitcoin

JMMCapital

Caiden Immense Porterhouse wrote: »

Or Bitcoin

I need to look more into it, any good places to start?

q85dw7osi4lebg

This is a good start, DYDD etc.

https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

unkel

I'm pretty much all cashed out of Nasdaq apart from one pharma share that's in the red and I'll keep long term (or at least until it's profitable )

Anyone else finished riding this wave for now?

Treppen

unkel wrote: »

I'm pretty much all cashed out of Nasdaq apart from one pharma share that's in the red and I'll keep long term (or at least until it's profitable )

Anyone else finished riding this wave for now?

I'm opposite, all red except for 1 green..... Although the 1 green is keeping the whole lot break even:pac:

Lex Luthor

2 in the green, 3 in the red...staying in for a bit longer

Moneygram International MGI - stick on your watchlists

Browney7

There was some chatter on the 2019 thread about NIO and where it was heading - nowhere positive!!

Pretty miraculous recovery the last 2 months and probably on a TSLA wave. Anyone a buyer at the present level?

q85dw7osi4lebg

Browney7 wrote: »

There was some chatter on the 2019 thread about NIO and where it was heading - nowhere positive!!

Pretty miraculous recovery the last 2 months and probably on a TSLA wave. Anyone a buyer at the present level?

It has a habit of some daily swings of 20% either way so I'd say out personally. Rode it down from IP0 to about $5.

Bob Harris

Browney7 wrote: »

There was some chatter on the 2019 thread about NIO and where it was heading - nowhere positive!!

Pretty miraculous recovery the last 2 months and probably on a TSLA wave. Anyone a buyer at the present level?

I'm still holding a bit of a bag in NIO but I am quite optimistic and I think this is a medium to long term hold. They are close to a billion dollar financing package and sales are picking up nicely for what are fantastic cars.

While I'm on the subject of electric cars I think Tesla are on their way to $1000+ dollars over the next few years. I'm not as optimistic on NIO but they are both way ahead of the competition and there market gets bigger by the day.

Browney7

Caiden Immense Porterhouse wrote: »

It has a habit of some daily swings of 20% either way so I'd say out personally. Rode it down from IP0 to about $5.

Im still sitting on a loss but had given up on it so a pleasant surprise to see the recovery to date. Very volatile beast!

Sixtoes

Made a few quid from Virgin Galactic this week. Bought some shortly after it launched @$10.99. Dropped to $7.50ish soon after, but had a nice spike this week and I sold for $15:75. Wish I’d bought more @$7.50!

Supercell

Sixtoes wrote: »

Made a few quid from Virgin Galactic this week. Bought some shortly after it launched @$10.99. Dropped to $7.50ish soon after, but had a nice spike this week and I sold for $15:75. Wish I’d bought more @$7.50!

Been watching that with bemusement myself, haven't the courage to jump in to be honest, its a totally speculative play. That said many made a mint riding BYND to insane levels before, and lost it afterwards too I suppose!

Timmaay

Brought some at 13$, happy enough to hold onto them for now.

JMMCapital

Palladium (used to make catalytic converters that clean exhaust fumes in gasoline-driven vehicles) has been on some run lately currently trading at around $2480/oz up 82% since Jan 1st 2019, 28% YTD so far. I wonder will it continue to rally now being the second most expensive precious metal after Rhodium, just ahead of Gold (it is 30% Rarer so should always be above it anyway regardless). From my understanding some of the main reasons for its rise is the mines in South Africa (one of top 2 producing countries) cutting back on output causing a large supply deficit, restrictions on emissions in China and Europe raising demand from car makers. A lot of the producing companies shares have tripled/quadrupled in value over the same time period.

I hear now that a lot of the purchasers (mostly car producers) are considering switching to Platinum which is a more cheaper alternative (about half the price of palladium) currently trading around $950-1000 an oz, a long time ago the auto industry switched to palladium as an alternative to platinum as it was cheaper, from listening to analysts they think the switch by manufacturing back to platinum could take 18 month, might be a good investment opportunity.

XMG

Bob Harris wrote: »

I'm still holding a bit of a bag in NIO but I am quite optimistic and I think this is a medium to long term hold. They are close to a billion dollar financing package and sales are picking up nicely for what are fantastic cars.

While I'm on the subject of electric cars I think Tesla are on their way to $1000+ dollars over the next few years. I'm not as optimistic on NIO but they are both way ahead of the competition and there market gets bigger by the day.

7 round of funding to the tune of $4 billion in the 15 months since their IPO, hmmmm. They are exploring another funding round and refuse to comment on speculation.

Bob Harris

XMG wrote: »

7 round of funding to the tune of $4 billion in the 15 months since their IPO, hmmmm. They are exploring another funding round and refuse to comment on speculation.

Well they did comment on speculation to say they were in negotiations but as nothing is yet decided they can't comment further.

It's a new company with huge aspirations and in the last year have began to make some meaningful sales while cutting costs. It may go tits up and they get bought out for a song or it may be a major player in EV cars in couple of years in China and Asia. That is the chance you take.

The fact is that EV cars are becoming the norm and will make up most of new car sales by the end of the decade. Tesla building a factory and selling cars in China is to their benefit as it normalises EV and creates further awareness.
Their biggest issue is having enough cash to produce enough cars to meet demand. If they can solve that then sales growth will be significant.

Treppen

Verastem seems to be moving up a bit. Anyone know why?

Bob Harris

Treppen wrote: »

Verastem seems to be moving up a bit. Anyone know why?

Cos it's aboot fookin time!

Most recent news was submitting a marketing license application for Copiktra in Europe and a collaboration with a Chinese company to license their drug. They must obviously think this Chinese company's drug will be key in developing some of their own pipeline. They have quite a few irons in the fire so fingers crossed they'll hit the motherload.

hottipper

$SDRL seadrill looks like its shaping up for round 2 i might take a swing on it will monitor it at open.

Lex Luthor

hottipper wrote: »

$SDRL seadrill looks like its shaping up for round 2 i might take a swing on it will monitor it at open.

It had a bit of a pump n dump recently

hottipper

Lex Luthor wrote: »

It had a bit of a pump n dump recently

dumped hard today also gonna give it a miss

Browney7

Browney7 wrote: »

There was some chatter on the 2019 thread about NIO and where it was heading - nowhere positive!!

Pretty miraculous recovery the last 2 months and probably on a TSLA wave. Anyone a buyer at the present level?

Bought mid December at €2.49, watched it go up over €4 at New Year’s, then sold at €3.50 on the subsequent drop, felt vindicated as it continued to drop and the general chat was they were a loser.

I see it’s now at €5.20...typical haha

q85dw7osi4lebg

BA / Boeing just got halted.

Could be a bloodbath when back trading.

Thargor

Caiden Immense Porterhouse wrote: »

BA / Boeing just got halted.

Could be a bloodbath when back trading.

Interesting thread over on the aviation forum, the problem that crashed the planes could be resolvable with training and software updates but there are other issues with the airframe that could be fatal, the seats might be able to take the required G-forces for European certification for example, could be BS but theres a list of issues coming out of the woodwork now, I wouldnt touch it with a bargepole anyway. Im a logical person but it would be a couple of years before I set foot on a MAX aswell, many people will be the same.

Treppen

Thargor wrote: »

Interesting thread over on the aviation forum, the problem that crashed the planes could be resolvable with training and software updates but there are other issues with the airframe that could be fatal, the seats might not be able to take the required G-forces for European certification for example, could be BS but theres a list of issues coming out of the woodwork now, I wouldnt touch it with a bargepole anyway. Im a logical person but it would be a couple of years before I set foot on a MAX aswell, many people will be the same.

Didn't Ryanair go ahead with Max

canonball5

Batrachotox wrote: »

Bought mid December at €2.49, watched it go up over €4 at New Year’s, then sold at €3.50 on the subsequent drop, felt vindicated as it continued to drop and the general chat was they were a loser.

I see it’s now at €5.20...typical haha

Bought at the start of November for $1.60, and very happy with the way things have gone since then.

retalivity

NIO is flying