Here is my latest analysis of Progenity, Inc. Possible that Illumina Inc or Johnson and Johnson would want to buy this to protect their portfolio of pre-natal testing products? In either case it could play out.
I posted this idea a couple of days ago. After hours on Friday news came out via an S-4 filing with the SEC that CEO Harry Stylli bought 152,905 shares of PROG stock on the open market. He currently owns 14,616,874 shares in total.
News came out that a secondary was taking place @ fair value for this stock which is quite beat up. With an option to buy an additional 1.146 million shares at $3.27. This is extremely bullish for the short term prospects on this stock.
Even with the earnings ALGN put up there valuation is extremely stretched. I don't think there will be a ton of net buying to sustain this price point and therefore I believe the risk reward favors a short.
Institutional investors may have been selling and shorting Energy Transfer. Their mistake can make you a great return quickly.
The dividend has been confirmed providing a massive yield
The tax treatment of domestic energy limited partnerships can provide a massive benefit
This stock is extremely under valued
Year of Year profit growth is over 100%
The company is in the super fast growth segment of Small/Mid-Sized e-commerce
The product makes selling cross channel much easier to manage for any business or solo entrepreneur
Recent volume and accumulation suggests the stock is being accumulated and can go much higher
Today's market action and an adjustment to American's bond issuance was the primary driver for the continuation sell off in $AAL shares today.
I am still in for the next run and looking for either a reversal back above $13.50 or holding of the support zone at $11.20.
I like the support zone here in $AAL for two reasons. They raised capital at a price of $13.50/share and obtained super favorable terms on bonds that won't be due for some time.
The volume today was over half the float. That is the third highest volume day in the last year and typically those can be followed by rapid rise type follow through.
Three of the...
There is no volume to support the lower price relative to monumental amount that changed hands in the $8's. I expect this to squeeze hard and snap right into the $8's with little trouble. Way oversold as you can see from the accumulation/distribution line.
For all fundamental reasons the success of Teladoc is noble but you can see from this accumulation/distribution chart that someone is heavily accumulating the stock. There are multitude of reasons this could be happening. One super exciting and others very typical of trading in growth companies.
So let's start with my far flung idea. Amazon is pushing...