Major Buy?

[Luckyone]

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years. Since 2007, I have been offering a service where I give chart information about the stock market and also offer mentions on stocks that may be either good purchases or good sales. I also trade my own account. In fact, my service is "based" on what I trade myself, meaning that every mention I give, I do the trade myself.

I have not had a good experience on this message board when talking politics. There are many people here that without knowing me, have vilified me to the nth degree for my negative evaluation of Trump. I think that ultimately my evaluation of Trump will be successful but that is neither here nor there as far as this OP is concerned.

To "give" something good to the people on this message board, in an attempt to have people know who I am as an evaluator and more so as a person, I am giving you this mention on this stock today for you to consider it. The fundamental outlook for the company is very good but the company right now is at a very low price and has gotten hit recently with a lot of selling interest. In fact, the stock has lost over 50% in value over the past 3 weeks alone.

As such, I am giving you this mention but making you aware of the fact that like everything in life, there are no guarantees. This means take what you want of the mention or NOT. It is entirely up to you. Do keep in mind that 10 rating companies are following this stock and they all have a bullish bias on it with as much as a 600% appreciation to occur within the next 12-24 months.

Here is the comment I gave to my subscribers today on this stock. I will be purchasing more shares of it this week. I am averaged long already and losing money on it (I am presently averaged long at 1.54 and the stock closed on Friday at .97, meaning that is am down on my present investment 38%.

LXRX reported earnings this past week and they were lower than expected and the stock made a new all-time weekly closing low at .975 (below the previous one at 1.01). The stock closed on the low of the week, suggesting further downside below last week’s low at .97 will be seen this week. On an intraweek basis, the all-time low is at .92 and given that the rating on the company has not changed (remains a bullish buy with the 10 rating companies that follow the stock, with H.G Wentworth reiterating its buy rating after the earnings report with a $6 objective), probabilities do not favor the level breaking. On a daily closing basis, any confirmed daily close above 1.01 would take some of the selling pressure off and a daily close above 1.30 would generate a buy signal. An intraweek drop below .92 would further weaken the chart.

 

[John Edgar Slow Horses]

We have been with Schwab for many years and have no complaint.

The major lesson I have learned all stock money is pretend money.

It has no intrinsic value until distributed.

But never lose sight of its potential value.

 

[Concerned American]

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years. Since 2007, I have been offering a service where I give chart information about the stock market and also offer mentions on stocks that may be either good purchases or good sales. I also trade my own account. In fact, my service is "based" on what I trade myself, meaning that every mention I give, I do the trade myself.

I have not had a good experience on this message board when talking politics. There are many people here that without knowing me, have vilified me to the nth degree for my negative evaluation of Trump. I think that ultimately my evaluation of Trump will be successful but that is neither here nor there as far as this OP is concerned.

To "give" something good to the people on this message board, in an attempt to have people know who I am as an evaluator and more so as a person, I am giving you this mention on this stock today for you to consider it. The fundamental outlook for the company is very good but the company right now is at a very low price and has gotten hit recently with a lot of selling interest. In fact, the stock has lost over 50% in value over the past 3 weeks alone.

As such, I am giving you this mention but making you aware of the fact that like everything in life, there are no guarantees. This means take what you want of the mention or NOT. It is entirely up to you. Do keep in mind that 10 rating companies are following this stock and they all have a bullish bias on it with as much as a 600% appreciation to occur within the next 12-24 months.

Here is the comment I gave to my subscribers today on this stock. I will be purchasing more shares of it this week. I am averaged long already and losing money on it (I am presently averaged long at 1.54 and the stock closed on Friday at .97, meaning that is am down on my present investment 38%.

LXRX reported earnings this past week and they were lower than expected and the stock made a new all-time weekly closing low at .975 (below the previous one at 1.01). The stock closed on the low of the week, suggesting further downside below last week’s low at .97 will be seen this week. On an intraweek basis, the all-time low is at .92 and given that the rating on the company has not changed (remains a bullish buy with the 10 rating companies that follow the stock, with H.G Wentworth reiterating its buy rating after the earnings report with a $6 objective), probabilities do not favor the level breaking. On a daily closing basis, any confirmed daily close above 1.01 would take some of the selling pressure off and a daily close above 1.30 would generate a buy signal. An intraweek drop below .92 would further weaken the chart.

Is this what is known as "pump and dump?" LOL, why would anyone in their right mind take financial or investment advice from an untested or verified poster on a POLITICAL MESSAGE board? SMFH

 

[AyeCantSeeYou]

Is this what is known as "pump and dump?" LOL, why would anyone in their right mind take financial or investment advice from an untested or verified poster on a POLITICAL MESSAGE board? SMFH

Pump and Dump is what the majority of the stock market trades are. I see it every day!

"Good" news for a particular stock means nothing anymore. Used to be, if good news came out about a company tied to a stock, the stock price would go up and stay long term. The past few years, I've noticed that isn't the case at all. Most that get really great news concerning financial data do the opposite - go down!

There's groups of people that use a few different platforms to discuss which stocks they're going to manipulate each day. It's what I consider "day trading" on steroids. They'll pump a couple of stocks premarket, then they all sale at the same time a few minutes after the market opens, leaving "outsiders" that don't know what's going on holding a bag of overpriced stock they won't recover their money on.

 

[ZestolPastilevsky]

What does the company do?

 

[Toddsterpatriot]

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years. Since 2007, I have been offering a service where I give chart information about the stock market and also offer mentions on stocks that may be either good purchases or good sales. I also trade my own account. In fact, my service is "based" on what I trade myself, meaning that every mention I give, I do the trade myself.

I have not had a good experience on this message board when talking politics. There are many people here that without knowing me, have vilified me to the nth degree for my negative evaluation of Trump. I think that ultimately my evaluation of Trump will be successful but that is neither here nor there as far as this OP is concerned.

To "give" something good to the people on this message board, in an attempt to have people know who I am as an evaluator and more so as a person, I am giving you this mention on this stock today for you to consider it. The fundamental outlook for the company is very good but the company right now is at a very low price and has gotten hit recently with a lot of selling interest. In fact, the stock has lost over 50% in value over the past 3 weeks alone.

As such, I am giving you this mention but making you aware of the fact that like everything in life, there are no guarantees. This means take what you want of the mention or NOT. It is entirely up to you. Do keep in mind that 10 rating companies are following this stock and they all have a bullish bias on it with as much as a 600% appreciation to occur within the next 12-24 months.

Here is the comment I gave to my subscribers today on this stock. I will be purchasing more shares of it this week. I am averaged long already and losing money on it (I am presently averaged long at 1.54 and the stock closed on Friday at .97, meaning that is am down on my present investment 38%.

LXRX reported earnings this past week and they were lower than expected and the stock made a new all-time weekly closing low at .975 (below the previous one at 1.01). The stock closed on the low of the week, suggesting further downside below last week’s low at .97 will be seen this week. On an intraweek basis, the all-time low is at .92 and given that the rating on the company has not changed (remains a bullish buy with the 10 rating companies that follow the stock, with H.G Wentworth reiterating its buy rating after the earnings report with a $6 objective), probabilities do not favor the level breaking. On a daily closing basis, any confirmed daily close above 1.01 would take some of the selling pressure off and a daily close above 1.30 would generate a buy signal. An intraweek drop below .92 would further weaken the chart.

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years.

Poorly.

 

[Toddsterpatriot]

What does the company do?

Lose money.
They lost $58.5M in 2020, $87.7M in 2021, $102M in 2022, $177M in 2023.
They've lost $202 million in the last 12 months.

 

[Luckyone]

Pump and Dump is what the majority of the stock market trades are. I see it every day!

"Good" news for a particular stock means nothing anymore. Used to be, if good news came out about a company tied to a stock, the stock price would go up and stay long term. The past few years, I've noticed that isn't the case at all. Most that get really great news concerning financial data do the opposite - go down!

There's groups of people that use a few different platforms to discuss which stocks they're going to manipulate each day. It's what I consider "day trading" on steroids. They'll pump a couple of stocks premarket, then they all sale at the same time a few minutes after the market opens, leaving "outsiders" that don't know what's going on holding a bag of overpriced stock they won't recover their money on.

This is not a trade for a day trade or short term. It is a buy and hold trade.

When you consider the risk/reward ratio, It is a major buy, considering that based on where the stock closed on Friday (at .975) and that the intraweek support is at .92, buying the stock here means you should get out if .92 breaks, meaning you are risking less than $.10 cents per share. If the rating analysts are correct in their fundamental evaluations of the stock getting to $6 within 12 months, it means you are risking $10 to make $600 for every 100 shares bought. It is a 60-1 risk/reward ratio.

Here is a link everyone should go to about the company

https://www.nasdaq.com/market-activity/stocks/lxrx/analyst-research

By the way, I hope that YOU do not buy it as you have been one of my political critics here and I truly do not want you to benefit from my knowledge. You are a total POS

 

[Toddsterpatriot]

This is not a trade for a day trade or short term. It is a buy and hold trade.

When you consider the risk/reward ratio, It is a major buy, considering that based on where the stock closed on Friday (at .975) and that the intraweek support is at .92, buying the stock here means you should get out if .92 breaks, meaning you are risking less than $.10 cents per share. If the rating analysts are correct in their fundamental evaluations of the stock getting to $6 within 12 months, it means you are risking $10 to make $600 for every 100 shares bought. It is a 60-1 risk/reward ratio.

Here is a link everyone should go to about the company

https://www.nasdaq.com/market-activity/stocks/lxrx/analyst-research

By the way, I hope that YOU do not buy it as you have been one of my political critics here and I truly do not want you to benefit from my knowledge. You are a total POS

If you buy a stock based on how much it fell recently, you're even dumber than you initially appeared.

 

[Luckyone]

What does the company do?

Pharmaceutical company

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) today (11/15/2024) announced that data from four studies of sotagliflozin will be delivered during the American Heart Association's (AHA) Sessions 2024 being held November 16-18 at McCormick Place Convention Center in Chicago, Illinois.

One of those studies, a secondary analysis of data from the Phase 3 SCORED clinical trial, examined the association of heart failure stage with cardiovascular disease and kidney events. Researchers in the study observed that sotagliflozin had similar relative benefits for all end points, irrespective of heart failure stage, with a corresponding increase in absolute benefits at earlier stages.

 

[westwall]

I had a "stock portfolio manager" try and convince my wife and I to buy this same shit stock two years ago!

 

[Andrew_Jackson_FTW]

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years. Since 2007, I have been offering a service where I give chart information about the stock market and also offer mentions on stocks that may be either good purchases or good sales. I also trade my own account. In fact, my service is "based" on what I trade myself, meaning that every mention I give, I do the trade myself.

I have not had a good experience on this message board when talking politics. There are many people here that without knowing me, have vilified me to the nth degree for my negative evaluation of Trump. I think that ultimately my evaluation of Trump will be successful but that is neither here nor there as far as this OP is concerned.

To "give" something good to the people on this message board, in an attempt to have people know who I am as an evaluator and more so as a person, I am giving you this mention on this stock today for you to consider it. The fundamental outlook for the company is very good but the company right now is at a very low price and has gotten hit recently with a lot of selling interest. In fact, the stock has lost over 50% in value over the past 3 weeks alone.

As such, I am giving you this mention but making you aware of the fact that like everything in life, there are no guarantees. This means take what you want of the mention or NOT. It is entirely up to you. Do keep in mind that 10 rating companies are following this stock and they all have a bullish bias on it with as much as a 600% appreciation to occur within the next 12-24 months.

Here is the comment I gave to my subscribers today on this stock. I will be purchasing more shares of it this week. I am averaged long already and losing money on it (I am presently averaged long at 1.54 and the stock closed on Friday at .97, meaning that is am down on my present investment 38%.

LXRX reported earnings this past week and they were lower than expected and the stock made a new all-time weekly closing low at .975 (below the previous one at 1.01). The stock closed on the low of the week, suggesting further downside below last week’s low at .97 will be seen this week. On an intraweek basis, the all-time low is at .92 and given that the rating on the company has not changed (remains a bullish buy with the 10 rating companies that follow the stock, with H.G Wentworth reiterating its buy rating after the earnings report with a $6 objective), probabilities do not favor the level breaking. On a daily closing basis, any confirmed daily close above 1.01 would take some of the selling pressure off and a daily close above 1.30 would generate a buy signal. An intraweek drop below .92 would further weaken the chart.

Could be interesting. Cryptocurrency is expected to have a huge year in 2025. We’ve already seen incredible gains since Trump won … including Dogecoin going up about 300%

Cryptocurrency represents about $3 trillon in worldwide market around 2 1/2% of all of the worldwide market cap….it ain’t fake it ain’t going nowhere

 

[Dekster]

We have been with Schwab for many years and have no complaint.

The major lesson I have learned all stock money is pretend money.

It has no intrinsic value until distributed.

But never lose sight of its potential value.

My sister runs to her 401K every time she sees that there has been a major selloff of then laments at how much money she has "lost". I remind her it will be 25 years of good days and bad days before it matters and to stop doing that.

 

[Luckyone]

My sister runs to her 401K every time she sees that there has been a major selloff of then laments at how much money she has "lost". I remind her it will be 25 years of good days and bad days before it matters and to stop doing that.

Then again the "buy low and sell high" is an adage that has been around since time began and it does work.

Having said that, each situation has to be evaluated for its merits and negatives. One thing that is critical to any decision, and that is the risk to reward ratio. Anything above 4-1 should be considered. 4-1 risk to reward ratios means you can be wrong 75% of the time and break even. In THIS case the risk/reward ratio is 60-1. You are risking $10 to make $600 for every 100 shares bought. This is a must-do trade even if it turns out to be a loser.

 

[Toddsterpatriot]

Then again the "buy low and sell high" is an adage that has been around since time began and it does work.

Having said that, each situation has to be evaluated for its merits and negatives. One thing that is critical to any decision, and that is the risk to reward ratio. Anything above 4-1 should be considered. 4-1 risk to reward ratios means you can be wrong 75% of the time and break even. In THIS case the risk/reward ratio is 60-1. You are risking $10 to make $600 for every 100 shares bought. This is a must-do trade even if it turns out to be a loser.

THIS case the risk/reward ratio is 60-1.

Prove it. Show your math.

 

[Dekster]

Then again the "buy low and sell high" is an adage that has been around since time began and it does work.

Having said that, each situation has to be evaluated for its merits and negatives. One thing that is critical to any decision, and that is the risk to reward ratio. Anything above 4-1 should be considered. 4-1 risk to reward ratios means you can be wrong 75% of the time and break even. In THIS case the risk/reward ratio is 60-1. You are risking $10 to make $600 for every 100 shares bought. This is a must-do trade even if it turns out to be a loser.

With 401K's you don't have any room to game the market really. The money goes in and the shares get bought when you get paid whether the market is up or down.

I have sold stocks at a loss before just to get the cash to put in something more promising. I tend to like to buy dividend producers and hold those stocks when I am in the game so I will take time to figure out what time of year the prices usually drop and go in then though. I am currently not in except for my 401K and probably won't be again until next February or March.

Now for whatever it is worth, I am always a fan of the US News & World Report's Top Stocks to watch. You have to sort through the list and investigate the companies, but there is usually a good nugget or 2 buried in most of their lists if you time it right (well except for the EU telcoms they seem to always be hawking).

 

[Dr.Know]

Never catch a falling knife !!!!!!!!!! another old adage

The way you play this Penny Stock is to WAIT UNTIL IT STARTS GOING UP and then check the news on the company and how well their products / trials are doing. Wait till the stock forms a baseline over a period of weeks to months AND WATCH THE BUYING TO SEE IF IT IS BEING ACCUMULATED BY investors / Hedge funds.

LOOK AT THE 5YR CHART ON THEIR WEBSITE AND TELL ME YOU WANT TO BUY IT;;;;; NOT!!!!!!!!!

Drug stocks are legendary for turning into Pieces of Poop.

 

[Luckyone]

Never catch a falling knife !!!!!!!!!! another old adage

The way you play this Penny Stock is to WAIT UNTIL IT STARTS GOING UP and then check the news on the company and how well their products / trials are doing. Wait till the stock forms a baseline over a period of weeks to months AND WATCH THE BUYING TO SEE IF IT IS BEING ACCUMULATED BY investors / Hedge funds.

LOOK AT THE 5YR CHART ON THEIR WEBSITE AND TELL ME YOU WANT TO BUY IT;;;;; NOT!!!!!!!!!

Drug stocks are legendary for turning into Pieces of Poop.

Hey, I lost $5 per 1000 shares. My pocketbook did not even go "gulp"

 

[marvin martian]

As you all know, I am a chart analyst in the stock and commodities market and have been doing this for the past 47 years.

LOL

 

[JohnDB]

Hey, I lost $5 per 1000 shares. My pocketbook did not even go "gulp"

My limited time with pharm stocks showed me that the BEST way for me (and most others) is to short it after a major announcement of approvals.

Because sure it jumps after a major announcement....but it doesn't stay up like a major player like Moderna or Pfizer. (Buy low sell high after a holding period)

Smaller to mid sized corporations shoot up and the people like you take profits immediately and the thing continues to fall.
So....it's great to get an alert on if it spikes and if you have cash....begin to short it. (Not options market trades but actual shares) Then it will pay handsomely.