$JACK keeps looking more and more interesting. While it is hard to buy a stock that keeps making new highs, the recent price action tells us that someone is accumulating a position. We are seeing more green days than red days in $JACK. @Ivanoff tweeted today that something is brewing and we agree. We've been watching $JACK for some time and haven't pulled the...
$FLL has not been a great investment for long-term holders, but the worst looks to be over. The price action the past 2 days has been positive with both days green on higher than normal volume. $FLL looks to be a worthwhile punt at current levels. Full House Resorts, Inc. owns, develops, operates, manages, leases, and/or invests in casinos, and related...
$MU selloff looks to be overdone in our opinion. Other analysts agree with this assessment. Needham raised its Micron (NASDAQ:MU) target from $50 to $60 after Micron's earnings report. Taking note of Micron's downside gross margin guidance - attributable to the excess NAND inventory and related pricing - Needham nevertheless sees several upcoming catalysts for...
$NOVN has a multiple tops above $3, particularly $3.02 and the 52-week high of $3.24 a share. $NOVN has been a runner in the past and we could get momentum players in the stock on new highs. Novan, Inc., a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and...
$BTAI should see a major breakout above $12. The risk/reward setup looks promising. About BioXcel Therapeutics, Inc.: BioXcel Therapeutics, Inc. is a clinical stage biopharmaceutical company focused on drug development that utilizes novel artificial intelligence approaches to identify and advance the next wave of medicines in neuroscience and immuno-oncology....
It's been 2 years since $ATRS was last above $4 a share. Might be some fireworks next week. Antares Pharma, Inc. (ATRS) today announced that Robert F. Apple, President and Chief Executive Officer, will present at the Ladenburg Thalmann 2019 Healthcare Conference on Tuesday, September 24, 2019 at 12:00 p.m. Eastern Time. About Antares Pharma Antares Pharma,...
After recapturing its 200 day moving average last week on healthy volume, shares of MAXAR TECHNOLOGIES INC. - NYSE:MAXR appear to be nearing a potential break-out into higher ground as we can observe from the Daily chart above. With MAXR now trading above all of its important moving averages 20/50/200 DMA's, the stock finds itself in a healthy technical...
$CWBHF Now Trading Above All 3 Major Moving Averages $CWBHF is one the most well-known cannabis plays for investors. As we look for a rebound in the sector, quality names like $CWBHF will rally first. Charlotte's Web Holdings Inc., founded by the Stanley Brothers, is an industry-leading pioneer and the world's leading brand by market share in the production and...
The oil patch is full of boom and bust opportunities. One pick that we like is $CRK. With $CRK, you're betting that nat gas prices have finally bottomed and that Dallas Cowboys owner Jerry Jones has found a hidden diamond in the rough. Yesterday's headlines: Comstock Resources (CRK +19.5%) spikes to its highest levels in six months on much heavier than usual...
The worst looks to be over for $BHGE. The debt problems at its majority shareholder $GE have been an overhang on the stock for the past year. With $GE now selling, it's time to buy $BHGE. According to investment bank Tudor Pickering, Baker Hughes (BHGE -7.6%) share weakness presents a buying opportunity following news that GE will give up its majority stake in...
After breaking to higher ground back in June on large volume, shares of LA JOLLA PHARMACEUTICAL CO - NASDAQ:LJPC have been drifting in a sideways pattern consolidating the move in a constructive manner as we can observe from the Daily chart above. With the stock trading above all of its important moving averages 20/50/200 DMA's, LJPC remains in decent...
$NG1! prices have been depressed for so long, that the only play this year has been short. As we look ahead to the upcoming winter season, we usually get a strong rally as traders buy the rumor or fear of a harsh winter. Once reality sets in and winter arrives, prices usually sell off. There's an opportunity for traders to get in and play the fall...
After breaking to higher ground a week ago on enormous volume, shares of ARDELYX INC - NASDAQ: ARDX find themselves in constructive consolidation mode digesting the recent run on lower volume as we can observe from the Daily chart above. With the stock trading well above its 20/50 and 200 DMA's on the Daily timeframe, the short-term technical posture of ARDX ...
We believe the worst is over for $LL. Well-known investor Whitney Tilson called the Short, but has now gone LONG. Headlines of Sept 4: Lumber Liquidators (NYSE:LL) soars after founder Thomas Sullivan presses the company to evaluate strategic options, including a sale. Sullivan tells Bloomberg he is considering putting a bid together himself with private equity...
We expect weakness to continue in $ULTA. There was quite a bit of technical damage done last week and we are targeting $184 to $194 on the downside. Ulta Beauty (NASDAQ:ULTA) went into a freefall last month after a soft Q2 earnings report and warning on a July to August slowdown in color cosmetics sales. During the earnings call (transcript), Ulta execs stated...
While cannabis stocks have been in bear run for the past few months, we believe that a trend change is due. With that being said. you want to own the best names in the business. $TGOD $TGODF is one of those must-own cannabis stocks. About The Green Organic Dutchman Holdings Ltd. The Green Organic Dutchman Holdings Ltd. (TGOD.TO) (TGODF) is a publicly traded,...
Shares of $HOME have gotten hammered due to the Trump China trade war. Tariff and inventory headwinds have hit At Home this year, with shares peeling off about 70% over the last 90 days. We see the stock as a speculative value play more than anything and a possible takeover candidate. $HOME is trading at just 10x earnings and 0.52x book value. At Home Group...
$TLRD is looking attractive with The Big Short's Michael Burry taking an activist position in the stake. Judging from the chart, the lows look to be in. Here are some key financial stats: $TLRD trading at just 3.59x earnings and 0.08x sales. Enterprise Value/EBITDA of 7.16x. Tailored Brands, Inc. operates as a specialty apparel retailer the United States and...