|Day Low/High||10.05 / 10.35|
|52 Wk Low/High||3.64 / 15.54|
I remain short SmileDirectClub . On Monday, SDC's shares fell by nearly 15% following the Governor of California's signing of California Assembly Bill 1519. The bill requires radiography or other equivalent bond imaging prior to orthodontic treatmen...
I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...
There is buying across the board right now but the question to ponder is how much to chase into the trade announcement.
Let me give you the items I want to see before I bless buying anything in what has become a plain, out and out, treacherous market.
There are some stock moves that will simply go without explanation. Ever.
I have seen a lot of positive comments on SmileDirect Club on our site and elsewhere this week. It's not currently a name of mine but I had done a lot of work on it prior to the IPO and had come to a conclusion that it could be an intriguing short i...
SDC is being valued at the same multiple as competitors with significantly slower growth.
Are things that bad? I remain a non-believer in the recession thesis.
A big rotation, Fed rate cut, impeachment inquiry, attack on oil facilities, and signs of a slowing economy failed to produce significant movement in the indexes.
Cracks are appearing in some high-beta parts of the market, and a few recent initial public offerings have been pulled or haven't fared well after issuance.
The impact of Elizabeth Warren is pretty much everywhere Thursday.
There doesn't seem to be any particularly fundamental reason for bonds to weaken to such a degree.