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25,123,325 Views | 233842 Replies | Last: 1 hr ago by $30,000 Millionaire
irish pete ag06
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AG
$30,000 Millionaire said:

Is unusual whales worth it? I see the advertising, no idea about the product.
It's cheaper than cheddar. It wouldn't hurt to fire it up for a month and give it a shot.

Option Flow
Dark Pool
etc.

I've been using it for 2 months and feel like I'm still not using everything I could associated with it.

Edit to say I am extremely novice still when in regards to trading.
$30,000 Millionaire
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Triple_Bagger said:

I sent you a private message


Thank you. Looks like a solid product, just need to figure out how to use it! Are the discord and Twitter helpful?
Triple_Bagger
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Twitter is helpful although I think that's free. I don't use discord.
ProgN
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The discord someone created for this trading thread is linked to OA and several other trustworthy Twitterers. It's a fast easy way to get notifications. I'd recommend joining it, especially because you're doing other things during the day.
slacker00
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AG
BaylorSpineGuy said:

I spoke to one of our Oncologists today. She is really enthusiastic about a company called VERU. Company has drugs that had what she described as "highly successful" Phase 2 trials for both Breast and Prostate CA. Now in Phase 3 to prove efficacy.

She says about 10-15% of positive phase 2 trials convert to positive phase 3 trials, but she feels it's a higher probability of success when the phase 2 results are so demonstrative, and she feels that way about VERU.

I'm gonna do more DD tonight but I see myself owning some of this.
My SO (clinical research type) says the positive approval rate for cancer drugs is way higher that 10-15% after successful Phase 1/2. The stats are more on the order of 50% for approval from this point (specific to oncology).
cjo03
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$30,000 Millionaire said:

Triple_Bagger said:

I sent you a private message


Thank you. Looks like a solid product, just need to figure out how to use it! Are the discord and Twitter helpful?


I've seen your results.

I'll create a new broker account, fund it, give you the password, and pay the $35 - you get to learn on my dime and I get to keep all the dimes you make me.
$30,000 Millionaire
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cjo03 said:

$30,000 Millionaire said:

Triple_Bagger said:

I sent you a private message


Thank you. Looks like a solid product, just need to figure out how to use it! Are the discord and Twitter helpful?


I've seen your results.

I'll create a new broker account, fund it, give you the password, and pay the $35 - you get to learn on my dime and I get to keep all the dimes you make me.


I'll just buy yolo spy puts with your money.
cjo03
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AG
If that's what the talking whales say, go for it!
CopperBadger
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AG
Discord Server link?
$30,000 Millionaire
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cjo03 said:

If that's what the talking whales say, go for it!


Probably the play for next week TBH.
will25u
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If anyone is interested in the Atlas Trading discord, I can provide an invite. It's pretty big group, almost 250k.
ProgN
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redneckag said:

Discord Server link?

https://discord.com/channels/805474664695595079/805987452753674251

I'm not sure if you need an invite but this is the channel. If you need an invite to join, FJ, McInnis or OA can probably get you one.
Brewmaster
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E said:

Would be nice if DIS came out gangbusters on Monday
It's in make or break territory. It peaked below out of the channel today for a bit and closed back up in it. I do see 2 massive buys on it though, yesterday right after close and today right after close, both over 7 mil shares.
jwhitlock3
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I took the loss when it lost the channel today. We'll see what it does next week but that was my line in the sand and I stuck to it.
BaylorSpineGuy
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Doing a quick Google search, it looks like more than 58% of drugs going through phase 3 fail. That may be all comers and not just chemo drugs though.

Something like more than 30% of phase 2 drugs never make it past there though, either due to lack of funding or otherwise.
FJ43
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Well loaned out the Resistol rally hat to y'all and man looks like y'all rode him hard. Congrats to all the money made by the board this past week!!!

Really missed the camaraderie and trading with y'all this week and obviously lots of $$$. Have to figure out a way given the facility I'm in has fairly tight security protocols. Phone app is about all I've been able to come up with so far.

Keep it up gents!
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

slacker00
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AG
I'll try to get supporting documentation but I did a quick Google search and found something similar to you. She said those results (from the table I showed her) include academic studies, rather than industry only, which skews the numbers heavily to the negative.
Triple_Bagger
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Abbott Laboratories (ABT)

Is anyone invested in ABT? They reported great earnings this week and guided up for the next quarter. I became interested in them when I saw they made the COVID test kits many people are using. COVID testing was a significant portion of their revenue in the last quarter ($1.9B).

IMO, COVID isn't going away anytime soon and with many companies planning to go back to the office next year, COVID testing is going to be big business. Insider at one of the FAANG stocks told me they've been stock piling COVID test kits because they plan to test everyone weekly, regardless of vaccination status.

I don't have a position in ABT yet, but I'm planning to start one (wish I had 2 weeks ago when it was $114, $126 now). They have a small dividend payment on 11/15 (record date was 10/15), so I'll likely look to enter after the dividend payment unless an opportunity presents itself.

Any other COVID testing stocks on your radar?
BaylorSpineGuy
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Looks like LabCorp (LH) has one, but this stock is priced a good bit higher and does not pay a dividend.

Quest Diagnostics (DGX) is also a good lab testing company. It's priced lower and does pay a small dividend. It may do more genetic testing for tumors in the future as well. A concept called precision medicine.

Looking at the charts, both look to be trading near the bottom of their current channel. Probably not bad points for entry if this is a long-term hold.
Triple_Bagger
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I think the rapid antigen tests will be more popular than the lab tests for 2 reasons:
1) Quick results: companies testing at the office will want results immediately, not 2-3 days later
2) Ease of testing: companies will be testing onsite and not wanting to mail samples to a lab

A bonus for the rapid antigen tests is the CDC recommends taking multiple to confirm results. So instead of selling one test kit per person, they might sell 2-3.
BaylorSpineGuy
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https://www.centerforhealthsecurity.org/covid-19TestingToolkit/molecular-based-tests/current-molecular-and-antigen-tests.html

This is a list of the different tests out there.
Triple_Bagger
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This is great. Thanks!
BTFD
BaylorSpineGuy
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I hope Baylor plays aTm in a bowl game this year.

If so, we can all tailgate together. Texas Bowl would be good….although a more prestigious bowl would make for better hardware to the winner.

Also, I don't have time now, but I will post something later that I discovered in April 2020….much before I found this board.

It may be good digging for any investigative journalists. It has to do with the first COVID-19 test that was FDA approved by EUA. As a teaser, the company that made it is called Cellex. More details later.
ProgN
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BaylorSpineGuy said:

I hope Baylor plays aTm in a bowl game this year.

If so, we can all tailgate together. Texas Bowl would be good….although a more prestigious bowl would make for better hardware to the winner.

Also, I don't have time now, but I will post something later that I discovered in April 2020….much before I found this board.

It may be good digging for any investigative journalists. It has to do with the first COVID-19 test that was FDA approved by EUA. As a teaser, the company that made it is called Cellex. More details later.
Y'all just take care of business next Saturday by whooping some sip ass first.
$30,000 Millionaire
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AG
$SPY lots of open gaps to fill. This moved remarkably fast. Notice that the candle on 9/2 is similar to yesterday's candle. That doesn't mean anything will happen, but history often rhymes.

$30,000 Millionaire
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AG
$TSLA - going to the moon, right? I think this is going to run out of steam shortly. It will need to cool off around 880 before it can go too much higher on a sustained basis. Obviously don't be an idiot and wait for what looks like a reversal. It also tends to trade sideways moreso than down after closing above +3 ATR.

It closed around +4.

I think call credit spreads are the way to trade it.



$30,000 Millionaire
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$UNP also super extended. I think puts on this.

$30,000 Millionaire
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Other extended names:

  • $VMW
  • $CAR (be careful, this is super extended but it could keep going).
  • $UNH, big gap below from earnings
  • $COIN
$30,000 Millionaire
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$AMN I can't figure out why this is so beaten up.



Super easy risk/reward on this. Cut at loss of lows, hold otherwise.
$30,000 Millionaire
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AG
$V over 235.

$30,000 Millionaire
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AG
I think /CL is almost done.

BaylorSpineGuy
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Not trading related, but it is business/COVID-19 related.

Cellex was the first company to get emergency use authorization for COVID-19 testing way back in March/April 2020. At the time, the company had 15 employees, previous year revenue of $400,000 (at least that I could find online), and the headquarters was basically in a small shopping center in North Carolina.

Over the preceding 15-20 years, they had won a number of NIH grants, but the company had mainly done a few assays for HIV. So they were at least in the viral/infectious disease space.

The big deal was that the test only had a 55% positive predictive value….essentially a coin flip if the test actually meant you had COVID-19. Why was the FDA so quick to give such a marginal test unparalleled use?

I just thought it was curious that a private, small company that had not been very profitable won the golden egg for COVID testing. other, better tests now exist but it was a surprise for me. I'm guessing it was a payoff or political favor.

Back to trading….
Charismatic Megafauna
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Triple_Bagger said:


Any other COVID testing stocks on your radar?

DNA genotech is in this space and part of a publicly traded company that i think is a great buy, but i can't trade it
BaylorSpineGuy
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Interesting options play: TREE.

A quick review of their 6 month chart will show you that the avg volume of shares traded is between about 100K-300K shares traded. 2 days ago 2.5M shares were traded (red volume, super small green candle price opened down from preceding day and traded up but still below previous close) and the price barely moved. It was most shares traded by far in last 2 yrs.

This stock has a low float (about 11M shares), and 22% short float percentage. The implied move for earnings is about 13% (seen on WSB).

Is there a good play here? Options aren't super cheap, and weeklies not available. I learned my lesson after COST took me to the woodshed, but I can't tell which direction this is heading? Down further?
$30,000 Millionaire
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AG
Random thought: does Amazon split this time?
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