Major Buy?

[Picaro]

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.

Some Companies make a lot of side money peddling options and futures on their own holdings. Many positions are only held for a fee days or even hours. Feeding 'tips' to suckers is as common as dirt; there is an entire segment of the media peddling this stuff to gambling addicts, day traders, and idiots who think they're 'investors'. Brokerages love the churn.

 

[Picaro]

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

Did that playing poker a couple of weeks ago, in 3 hours. A lot more fun than crypto-fad stuff. Crypto is the Tulip Mania of the last decade.

Tulipmania: About the Dutch Tulip Bulb Market Bubble

The Dutch tulip bulb market bubble is seen as the first financial bubble. It occurred in Holland in the early 1600s when speculation inflated tulip bulbs’ value.

www.investopedia.com

 

[JohnDB]

Shorting drug stocks is the ONLY play. They never are a "buy and hold" when they come out with a new drug in the pipeline....
At least for average investors.
Sell a dozen shares and come back and buy them later for a good 20% return.

 

[Luckyone]

LXRX down to 0.68/share, says they will lay off 60% of employees and close commercial operations...

What a dog!
---------------------
Lexicon Pharmaceuticals said that it will lay off 60% of its staff and eliminate its commercial operations as part of a broader restructuring effort.

The biopharmaceutical company said Friday that the decisions are part of an effort to preserve its cash and focus its resources on advancing its clinical development pipeline.
"This prioritization of investment is designed to advance the research and development programs that have the greatest potential for value creation and patient impact," the company said.
Recently, Lexicon received a "deficiencies preclude discussion" letter from the Food and Drug Administration regarding a new drug application for its insulin therapy Zynquista, or Sotagliflozin, which precluded discussion of labeling and post-marketing requirements and commitments.

https://www.marketwatch.com/story/lexicon-pharmaceuticals-to-slash-60-of-jobs-close-commercial-operations-as-part-of-reorganization-9728eebb?mod=mw_quote_news

Why do you think that the stock is at an all-time low price.

If there weren't problems, this stock would not be at this price. They do have medicines that are good and can help a lot of people, once they do all the studies needed.

This is the kind of a stock that has "promise", if and when they can FIX the problems they have.

Ever hear of "buy low and sell high"?

There was a time that it was said that AMZN was doing everything wrong and would fail. See where it is now.

 

[sparky]

This is a must-do trade even if it turns out to be a loser.

in other words, betting on a failure Lucky?

~S~

 

[Luckyone]

in other words, betting on a failure Lucky?

~S~

It means taking a chance on what can be a home run. This stock in being followed by 9 different and major rating companies that have stated that this company could be worth $6-$10 within a year. With the stock a $.70 cents, that means that if the rating companies are correct, you could make 800% to 1300% profit.

Yes, right now the stock is a failure but the company is "working" on fixing that. How often does this kind of risk/reward ratio comes available?

Like I said in my initial post "this is always a must-do trade even if it is a loss:. You do understand that if you can find opportunities like this, all it would take is being right once out of 60 trades done and still make a profit.

 

[Andrew_Jackson_FTW]

Did that playing poker a couple of weeks ago, in 3 hours. A lot more fun than crypto-fad stuff. Crypto is the Tulip Mania of the last decade.

Tulipmania: About the Dutch Tulip Bulb Market Bubble

The Dutch tulip bulb market bubble is seen as the first financial bubble. It occurred in Holland in the early 1600s when speculation inflated tulip bulbs’ value.

www.investopedia.com

Here is the point. What constitutes value or Money has changed over the centuries… and there has always been people who have doubted the change.

It kind of reminds me of when the first automobiles came out …. …. People thought horses were still the future and they said then what is the silly automobile.

In terms of ROI strictly based on percentage Folks make a lot less with the stock market Compared to a winning Poker session …. Very, very hard to even double your money in the stock market within a year. Sure you can double up buy in ..in Poker in one session. Of course it’s kind of apple to oranges right. I mean folks are going to invest a significant portion of their money into a stock compared to one Poker session.



Anyway, cryptocurrency is legitimate and it is real …and people have been doubting it for 15 years. It’s the same old tired argument year after year after year… “oh it’s not based on anything it’s going to crash”. They’ve been saying that for 15 years. No disrespect at all, it is not a fad. It is a legitimate market.

Cryptocurrency represents roughly 3% of the entire entire world market. So if it does tank, it’s going to affect the world economy.

Since Trump was elected, we’ve had astronomical returns on the coins. And 2025 is expected to be the year of cryptocurrency. Especially for Dogecoin because Elon Musk is commenting on it for example …

 

[Picaro]

In terms of ROI strictly based on percentage Folks make a lot less with the stock market Compared to a winning Poker session …. Very, very hard to even double your money in the stock market within a year. Sure you can double up buy in ..in Poker in one session. Of course it’s kind of apple to oranges right. I mean folks are going to invest a significant portion of their money into a stock compared to one Poker session.

Gambling is gambling, there is no gray area here; unless you're auditing the corps whose stock you're buying every 3 months, you know exactly squat about its financial assets and revenues, you're making blind bets on far less info than a poker hand tells you.

 

[Picaro]

It means taking a chance on what can be a home run. This stock in being followed by 9 different and major rating companies that have stated that this company could be worth $6-$10 within a year. With the stock a $.70 cents, that means that if the rating companies are correct, you could make 800% to 1300% profit.

Yes, right now the stock is a failure but the company is "working" on fixing that. How often does this kind of risk/reward ratio comes available?

Like I said in my initial post "this is always a must-do trade even if it is a loss:. You do understand that if you can find opportunities like this, all it would take is being right once out of 60 trades done and still make a profit.

Mostly these start ups just sell off their patents at pennies on the dollar, same with the vast majority of tech start ups; they never make a dime after court costs defending patents, a common tactic used by big companies with deep pockets to squash little companies and keep them from becoming competitors. Republicans and commies both love monopolies and oligarchies.

 

[Luckyone]

Mostly these start ups just sell off their patents at pennies on the dollar, same with the vast majority of tech start ups; they never make a dime after court costs defending patents, a common tactic used by big companies with deep pockets to squash little companies and keep them from becoming competitors. Republicans and commies both love monopolies and oligarchies.

Doesn't change what I said

One of "these" companies that I own tripled (300%) in price on Tuesday off of news that came out. That one fact, makes ALL of the stocks (like this one) irrelevant to have. That one trade makes up for 20 of these possible losing trades.

 

[Andrew_Jackson_FTW]

Gambling is gambling, there is no gray area here; unless you're auditing the corps whose stock you're buying every 3 months, you know exactly squat about its financial assets and revenues, you're making blind bets on far less info than a poker hand tells you.

There’s nothing guaranteed unless it’s a CD account. But the thing is for example take a look at the S&P 500 the past 75 years has had an average return of 10% per year. That’s a great investment in a long-term that’s pretty much what all of the retirement accounts are using either that or the NASDAQ.

 

[Picaro]

There’s nothing guaranteed unless it’s a CD account. But the thing is for example take a look at the S&P 500 the past 75 years has had an average return of 10% per year. That’s a great investment in a long-term that’s pretty much what all of the retirement accounts are using either that or the NASDAQ.

Except fpr people who have to cash them out for health and financial reasons. Guess what percentage of people have to do that? Kind of makes that '10% a year' go away when factoring in things like that and real inflation and bankruptcies.

 

[Andrew_Jackson_FTW]

Except fpr people who have to cash them out for health and financial reasons. Guess what percentage of people have to do that? Kind of makes that '10% a year' go away when factoring in things like that and real inflation and bankruptcies.

That’s an unfortunate part of life. But that doesn’t negate the point. There’s always going to be folks who have bad luck or make bad choices in life.

The SP 500 is not about luck. It’s just about being able to invest in it over a Long period of time. Even if the investments are small, they are will add up positively.

The facts are the facts. 10% rate of return on average for the past 75 years. Folks who are invested into the S&P 500 for decades are coming out ahead.


Are you against people opening up a restaurant?. That’s much more riskier than investing into the S&P 500. Half if not more than half of people who open up a restaurant lose the restaurant within 1 year.

 

[Picaro]

The SP 500 is not about luck. It’s just about being able to invest in it over a Long period of time. Even if the investments are small, they are will add up positively.

lol yes, it is. Except for the swindlers and embezzlers, of course. Sorry, the numbers don't match the propaganda, nor do they factor in all the bailout costs and FDIC subsidies. Bush/Obama's $3 trillion and Biden's $4 trillion, as examples, plus the the big boys borrowing Fed money at negative interest rates for decades, just to name a few costs the right wingers aren't allowed to add in.

 

[Toddsterpatriot]

lol yes, it is. Except for the swindlers and embezzlers, of course. Sorry, the numbers don't match the propaganda, nor do they factor in all the bailout costs and FDIC subsidies. Bush/Obama's $3 trillion and Biden's $4 trillion, as examples, plus the the big boys borrowing Fed money at negative interest rates for decades, just to name a few costs the right wingers aren't allowed to add in.

The Fed loans out very little cash and not at 0%, let alone negative rates.

 

[Captain Caveman]

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.

Anyone dealing in the stock market, I suggest they quickly buy Nvidia

 

[Picaro]

Shorting drug stocks is the ONLY play. They never are a "buy and hold" when they come out with a new drug in the pipeline....
At least for average investors.
Sell a dozen shares and come back and buy them later for a good 20% return.

Never paid any attention to those; appears you're right on that.

 

[Andrew_Jackson_FTW]

lol yes, it is. Except for the swindlers and embezzlers, of course. Sorry, the numbers don't match the propaganda, nor do they factor in all the bailout costs and FDIC subsidies. Bush/Obama's $3 trillion and Biden's $4 trillion, as examples, plus the the big boys borrowing Fed money at negative interest rates for decades, just to name a few costs the right wingers aren't allowed to add in.

Are you against somebody opening up a restaurant because most of them fail within the first year?

 

[Andrew_Jackson_FTW]

lol yes, it is. Except for the swindlers and embezzlers, of course. Sorry, the numbers don't match the propaganda, nor do they factor in all the bailout costs and FDIC subsidies. Bush/Obama's $3 trillion and Biden's $4 trillion, as examples, plus the the big boys borrowing Fed money at negative interest rates for decades, just to name a few costs the right wingers aren't allowed to add in.

Well, the numbers are simply the numbers. We’re talking about a 10% annual average return in the S&P 500 over the long-term.

Removing all of the emotions and opinions aside, those are the known facts

 

[Picaro]

Are you against somebody opening up a restaurant because most of them fail within the first year?

What does that have to do with your fake math? And yes, the 'markets' do suck money away from real business investments and into gambling and rent seeking.