Do you really have that much hubris that you don't think that retail investors can research this shit too?
If you spent more than thirty minutes moping about having to write something about a stock you didn't know anything about, you'd have realized this company is ready to pop.
You should have noticed that this stock has been shorted by 30% of its free float since it was trading under $1.00 less than a month ago, and that the short reports have continued maintaining.
If you looked at options data, you should have seen the PCR is 0.14 and OI of 250k
Further, this stock went UP after 1.5x-ing its float with two massive dilutions in less than a month, and average shorts are losing by over 100% according to the Ortex Data which you can feel free to ask from any retail investor in $PROG who cares about short interest data.
I'm not annoyed because you trashed the stock In invested in.
I'm annoyed because you spent the first two paragraphs notching about having to write an article about it, then proceeded to shit on it out of spite.
And people actually listen to you. That's the worst part.
This is the most unprofessional financial journalist analysis I've seen this month, and that's saying something after reading @CGasparino's toilet commentary on $AMC.
Grow up and take some pride in your work. Jesus H. Christ...
All you journalists shit on Retail like we are a bunch of rabid dumb-shit gambling addicts armed only with giphs and emojis, when most of us have been betting real money on our painstaking research that you proceed to wipe your ass with because you have supposed "experience"
I challenge you to look again at progenity and take notice that Preclampsia is the 2nd leading cause of maternal death in the developed world, and no other competitor has a rule out test for it anywhere globally.
Every woman should get it just as routinely as an ultrasound
Further, I challenge you to take notice that Progenity had also developed a novel genetic sequencing method which will be applicable in identifying hereditary defects, diseases and propensity for treatable cancers.
No other company I know of has done this.
Finally, I challenge you to take note that Progenity has developed the ONLY oral delivery mechanism for Humira, the world's most profitable drug which nets Abbvie, its developer, $3.9 billion in Q1 of this year alone.
You never even noticed.
All you did was parrot the Motley Fool and their smear piece based on useless fundamentals that failed to even validate their patent releases which have been announced nearly a month ago.
They are an emerging Biotech with a few million in startup capital. Wtf did you expect?
Maybe instead take notice of the fact that Athyrium owns 51% and Vanguard increased their stake by a few million shares in their last 13F released today, along with at least two dozen other wall street funds.
You and I both know earnings dumps are classic accumulation tactics.
You didn't even try with this article.
I'm giving you an F on this assignment.
Go back and do it again.
Bitching*
Sorry my phone hates when I curse.
@threadreaderapp do me a solid and wrap this one up in a bow for me
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$BBBY might actually be a very real, very powerful squeeze opportunity of a combined gamma and short squeeze. This thread will unpack the opportunity and analyze the charts, ortex data, and options interest in Bed Bath and Beyond.
This is an opportunity, despite the bankruptcy
As always, none of this is financial advice. There is absolutely no way of knowing, predicting, or accurately forecasting market volatility with any degree of certainty.
Please make sure to perform your own research to understand the risks, and exercise proper risk management.
If you want the video version of this, here is the DD I put out recently that discusses this opportunity; however, it does not include the Ortex data. For that, please read on.
I think it's extremely hard for Finra to justify its actions, but we need to acknowledge this has happened before with no consequences...
- $SPRT war flashbacks -
The problem is, class actions and lawsuits take many years... $MMTLP investors have a very big fucking problem NOW.
The situation with this forced sale of $MMTLP and extraordinary halt by FINRA is going to force everyone's shares into settlement, which will force them to transfer to a private company.
You can't sell them.
However, this is a taxable action, so... this is gonna suck but...
For those who are unaware, Congress and the White House are terrified of a rail union strike because it would cripple the US economy and cause transportation/logistics to break down.
Despite that, Union Pacific refused to grant additional paid time off for workers.
In response, The White House has made it illegal for rail workers to strike in the face of what it calls a national emergency.
The Union Pacific Railroad has the money & resources to grant these benefits but refuses to do so out of greed, not necessity. time.com/6238361/joe-bi…
I'm going to clear up something regarding $AMC's share dividend and the fears about a "dilution" through an equity merger.
This will be a bit lengthy.
While you might argue that it is "dilution", what you fail to realize is that @CEOAdam is giving you all a gift of free equity.
If a merger between the preferred shares happens, it will because apes voted on it.
Here are the pros and cons we should consider...
First, $APE is a new equity which is separate from $AMC, tied together only by the value of the company.
They are priced separately.
By itself, $APE has no bearing on $AMC's value, but it *does* offer a separate dilution option for the company that has nothing to do with synthetic shares in $AMC.
It literally has no effect currently.
But if AA can sell those shares, the company can use that cash.
Just a reminder of this thread where I highlighted the last time $BBIG barcoded like crazy before it hit a liquidity pool about 10% below it's average price on the week and then took off for the stars within 30 days.
$BBIG has more than 250,000 call options hidden in the options chain with the potential to expire ITM and put unimaginable pain on market makers and the shorts who have beaten $BBIG into the dirt.
For context, 257,640 calls is over 25.7M shares, or 20% of the total Free Float.
Market makers have been anticipating $BBIG would not survive this beat-down, and have been dictating the price on these options as worthless for the past month to convince retail to sell for pennies on the dollar.
In driving the price down so far, they've created an opportunity.