behindthebid

behindthebid

This is one BEAT-UP chart Today announced TurnKey co-branding deal with Amazon, whereby customers go to amazom.com/turnkey and get set up with a Realogy agent, and if they buy a home they get $1000-$5000 worth of stuff on Amazon. Certainly this will bring them a lot of new exposure, free marketing, and will take share away from Zillow $Z and Redfin $RDFN. For...

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DISCLAIMER: I am not an Overstock bull. I don't believe in the future of Overstock.com or tZero, however this is a potential trade setup based on market conditions 1) On Friday, Dillards had an outsided 20% run on no news, but suspected that it was a short squeeze given the stock's 45% short float 2) Monday (yesterday) Lannett $LCI had also a large outsized run...

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Today Netflix missed its 5 million subscriber growth BY HALF! This certainly could be a sea change for how people see the company. So many competitors coming online. Hulu, YouTube Premium, Disney+, Apple TV+. If they can't keep subscribers now, how will they when the space gets really saturated. On a valuation standpoint, the company is VERY expensive,...

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Knight-Swift, $KNX, the largest trucking company in the US, rallied yesterday after the earnings release of competitor J. B. Hunt $JBHT. J. B. Hunt's earnings yesterday were mostly inline, but these better-than-feared numbers eased the idea of a major transport downturn. Here's the daily chart for J. B. Hunt $JBHT. So today, the day after that nice rally,...

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Soliton reported highly anticipated results from its study on cellulite reduction on Monday, July 15th. In anticipation, the stock ran from $12 to $20, but on the day of, the stock closed down 15%. Soliton is a small cap medical device company that has an acoustic shockwave technology for tattoo removal called Rapid Acoustic Pulse (RAP). The treatment works...

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Yesterday the stock fell because the company's EVP of Global Sales left the company. This follows 5-6 (yes 5 to 6!) other senior enterprise sales executives and that have left in the last six months. No company loses this many sales executives and hits their numbers. I anticipate that Five9 is going to miss next earnings pretty badly. Next earnings are on July...

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Galapagos announced today a large investment and a 10-year deal with Gilead $GILD. The stock gapped due to Gilead buying 10% of Galapagos at $158/share. However, when stocks gap up on investments at a premium price, they almost always fall (see $MGI, $ARWR) An analyst at Raymond James agrees, saying he believes $GLPG stock has now fully realized his price target...

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$NUS short idea after similar company $USNA reported earnings last week and gapped down 20%. USNA reported a slowdown in growth in China due to Chinese distaste for Multi-Level-Marketing. NUS will have the same problems when it reports, as it has promised growth in China

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Bloomberg broke the news on Wednesday July 3rd, 2019 that Broadcom is in talks to buy struggling Symantec. This is a terrible idea on many fronts and $AVGO closed down 3% on the news. I believe that investors do not want this semiconductor company to waste $20 billion on a cybersecurity company (and why pick the one that seems to be struggling the most?). ...

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Akerna coming into that buy zone. Stock IPOed (actually it was a SPAC) at around $11 after doing their last private placement at $10.21. As this is a recent IPO (of sorts) and a cannabis company, I expect this will eventually shake out at 2x the IPO price (around $20) so buy on dips. Why 2x IPO price? Look at high flyers Zoom $ZM, Beyond Meat $BYND,...