kalu61:
See assignment. Hahah

nna777:
Novavax has gone from $7 in March to $139 as at yesterday. (Just an observation. I don't have the stock).

Moderna has started phase 3 clinical trials. Watch out for gains today.

Jayjaycee18:
Breaking News:
Teladoc ($TDOC) and Livongo ($LVGO) Health to merge in deal valued at $18.5 billion. Based on the terms of the deal, $LVGO shareholders will receive 0.592x shares of $TDOC plus $11.33 in cash per share owned.

Furthermore, while $TDOC shareholders will own about 58% of the combined entity, $LVGO shareholders will own the remaining 42%. The combination "creates a global leader in consumer centered virtual care".

Jayjaycee18:
The share prices of both $TDOC and $LVGO are down since the announcement and no one can tell the absolute bottom prices at the moment.

$LVGO shares will be diluted and the cash being paid for each share may not adequately compensate for the ongoing loss in its share price value. Hence, this deal seems to favour $TDOC shareholders.

You can run the numbers and see if it's better to sell $LVGO now based on price appreciation or hold in anticipation of the cash that $TDOC will pay for each of your shares, while risking further dips.

OakPearl:
Fancy some earnings play?
Etsy and Fastly had a great result announced after trading hours yesterday.
Fastly came from an EPS of -$0.16 to $0.02 while Etsy powered from an EPS of $0.14 to $0.75!
Let's see how the market reacts today.

Here are just announced earnings and yet to be announced earnings for this week.
Notice that some are before and others after trading hours announcements.

Zagee:
MTN seeks to sell $243mn stake in Jumia Technologies https://www.vanguardngr.com/2020/08/mtn-seeks-to-sell-243mn-stake-in-jumia-technologies/

OvaSabi1:
Please sell your SPCE now. Virgin Atlantic just filed for bankruptcy. I wish SpaceX has gone public, that or Blue origins could have been a better space exploration stock to buy because they are getting contracts from NASA and other government military agencies. The video from SPCE that came out a few days ago was not even from a real space craft as I read. Don't take my word for it, do your due diligence.

As for Jumia, I never jumped on it- not even now, because I feel it is a falling knife. You should not catch a falling knife. Even if it gets to 100, I won't regret. Please don't take my word for it without due diligence.

OakPearl:




Sometimes, the market does not immediately react to expectations not because something is wrong with the fundamentals of the stocks in view, but because Mr. Market just does his thing to prove once in a while that he has a mind of his own. He eventually does the right thing in the end as always though.

So I will not be surprised if both Livongo and Teladoc begins to gain today.
Livongo has earnings report to make after trading hours today, and I think their fundamentals were getting better from previous reports.

OvaSabi1:
I just felt I should say that the market could experience a downturn soon. The crashing dollar, upcoming elections and possibility of finding a vaccine soon could throw things off balance and spark a massive selloff from tech stocks. The current market appears to be outperforming last year. This is very unusual in the middle of a pandemic and analysts have suggested that this is a signal that there is a bubble that is about to burst.

I see myself moving away from single stocks and biotech arenas into the more generalised field of ETFs. Highly geared, high equity beta and negative EPS stocks are likely to be worst hit from my experience. I am not being alarmist, just felt like saying this and to make us all prepared for what is to come.

OvaSabi1:
I just felt I should say that the market could experience a downturn soon. The crashing dollar, upcoming elections and possibility of finding a vaccine soon could throw things off balance and spark a massive selloff from tech stocks. The current market appears to be outperforming last year. This is very unusual in the middle of a pandemic and analysts have suggested that this is a signal that there is a bubble that is about to burst.

I see myself moving away from single stocks and biotech arenas into the more generalised field of ETFs. Highly geared, high equity beta and negative EPS stocks are likely to be worst hit from my experience. I am not being alarmist, just felt like saying this and to make us all prepared for what is to come.

Care4:


I jumped out when my gains was reversing from around 60% to 33 %. I lost about 30 of my initial gain. Quite painful.
I did only 15% on Jumia and refused to look at it again despite the enticing rise.

Vitra:
Good day everyone, I am a newbie to stocks. I have gone through most of the pages and it is quite overwhelming. I don't even know where to start from. Can anyone suggest a place to start? Books? Articles? Videos? Suggestions on affordable stocks to buy as a beginner? Etc. Thanks all.

OvaSabi1:


Step 1. Decide what you want out of the stock market. Do you want to be a day trader or a long term investor? Please take note that the glamour of day trading is enticing but it has been proven many times that day traders make less returns than long term investors.
2. What kind of risk are you willing to take? Remember that high risks mean higher gains or losses. How do you determine risky stocks? I use fundamental analysis. A company with a high Beta, high debts and negative EPS are some of the metrics I use to measure risk. I also compare quarterly returns, search for earnings call days and set an alarm on my calendar. For example, I have a covid stock $OSUR that I intend to offload today due to their unfavourable earnings. Also, they deviated from their Covid-19 testing plan. This is even one of the reasons I am selling it. Please, look at a company's 1, 2, 3, 7, 10 year stock gains before buying it.
3. You have to download Yahoo Finance, search for "Dave Ramsey on stocks" on YouTube and watch everything he has to say about stocks. Use these websites: The Mortely Fool, Market Watch and Globe News Wire have provided great analysis. Find the Twitter pages of the single stocks you want to buy. Not just this, search for hashtags of the "ticker" of this company. Open an account with Reddit and follow these sub reddits: investing, wall street bets, penny stocks and stocks. If you can understand what he says, follow Jim Cramer. But he flip flops, just get the information you want out of all the jargon.
4. Be a disciplined person. Don't be easily swayed by people claiming to be making extraordinary returns. My target is to make above the rate of inflation and some change. If I exceed this target, it is a bonus I am grateful for. I am happy for anyone who makes far above me, it is not a competition because we're all trying to survive. Never ever feel like you have missed out on any opportunity when you hear people celebrating their gains in a particular stock. Another opportunity will arise.
5. Stay away from derivatives for now. Stuff like options, short selling, futures etc are highly speculative and are akin to gambling.
6. Do not be tempted to place all of your savings into a single stock or into the stock market. Always have an emergency fund that you can access from your atm machine. On a day that you don't expect, your car will break down, you will fall sick and your grandma in the village will swallow razor blade. Withdrawal from the stock market will erase all your gains for that year.

delgook14:
Why has $FASTLY been tanking very hard despite positive ER?

delgook14:
Why has $FASTLY been tanking very hard despite positive ER?

delgook14:
Why has $FASTLY been tanking very hard despite positive ER?

delgook14:
Why has $FASTLY been tanking very hard despite positive ER?

OakPearl:


For the obvious reason that TikTok is Fastly's largest customer, accounting for 12% of revenue in the first half of 2020.

Recall that Trump threatened to ban TikTok if its Chinese owner, ByteDance, doesn't sell TikTok to an American company by September 15th.
This also explains the reason it has 100% analysts sell rating for now. It has nothing to do with the fundamentals of Fastly.
But again, September 15 is barely a month away, and Microsoft is one of several American companies already in talks to buy the company, so it is most likely going to escape that ban once a deal is struck.

My take is the busniess is excellent and will continue to do great as there is a shift in paradigm to the "new normal".
The fall is temporary and should be taken advantage of by buying the bottom of this dip.
I bought at $77 to hold and possibly increase for long term.
I have two choices to chose from:
1. Sit and wait till this dip bottoms out to buy more
Or
2. Sell at the current $108 and hope it dips further to buy the bottom
Am going with choice number 2!

OakPearl:
Fancy some earnings play?
Etsy and Fastly had a great result announced after trading hours yesterday.
Fastly came from an EPS of -$0.16 to $0.02 while Etsy powered from an EPS of $0.14 to $0.75!
Let's see how the market reacts today.

Here are just announced earnings and yet to be announced earnings for this week.
Notice that some are before and others after trading hours announcements.

OvaSabi1:
I just felt I should say that the market could experience a downturn soon. The crashing dollar, upcoming elections and possibility of finding a vaccine soon could throw things off balance and spark a massive selloff from tech stocks. The current market appears to be outperforming last year. This is very unusual in the middle of a pandemic and analysts have suggested that this is a signal that there is a bubble that is about to burst.

I see myself moving away from single stocks and biotech arenas into the more generalised field of ETFs. Highly geared, high equity beta and negative EPS stocks are likely to be worst hit from my experience. I am not being alarmist, just felt like saying this and to make us all prepared for what is to come.

afroxyz:


Nobody is going to shut down the economy, vaccine or not.

The market would continue its momentum till close to elections. This has always been the case every election year. And with the Feds saying they would so whatever it takes, no wahala.

As per tech, anybody buying into tech should be doing so for long term. But if you wan sell , no wahala , e go give us juicy pickings.

Anything that would limit face to face communications/transactions, reduce money spent on renting office or paying people ; or the energy (fossil fuels) is here for the long term.

OvaSabi1:


I didn't say anything is shutting down the economy and I am talking to short term investors who will be taken aback by a potential loss.

OakPearl:


Endorsed!