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Posted
11 hours ago, Harrison Stafford said:

Here you go.  In addition, the European Medicines Agency accepted IBRX’s application of Anktiva for the treatment of patients with bladder cancer.  This application covers 30 countries in the EU.  Now, just waiting on approval.  Big Pharma (looking at you, Merck) will most def try to buy IBRX at a hefty premium.  Patrick Soon-Shiong, who owns 80% of IBRX, is 72 years old and ain’t getting any younger.  Hit him with an uber aggressive offer and he might just bite. PSS also has the track record of building up a company and selling to big Pharma for big bucks.  

Let hope that aggressive offer comes after it is back in double digits and not at $4.

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Posted
On 2/20/2025 at 5:53 PM, Harrison Stafford said:

Here you go.  In addition, the European Medicines Agency accepted IBRX’s application of Anktiva for the treatment of patients with bladder cancer.  This application covers 30 countries in the EU.  Now, just waiting on approval.  Big Pharma (looking at you, Merck) will most def try to buy IBRX at a hefty premium.  Patrick Soon-Shiong, who owns 80% of IBRX, is 72 years old and ain’t getting any younger.  Hit him with an uber aggressive offer and he might just bite. PSS also has the track record of building up a company and selling to big Pharma for big bucks.  

So, maybe I shouldn't wait for a $2 handle to further average down...is that what you are saying? Because I have an itch to scratch now that I'm sitting on some cash. But I don't want to run a good stink party either.

Posted
1 hour ago, Harrison Stafford said:

Bought another 1000/sh IRBT at 7.48 bringing down the avg.

Are you thinking this goes back to pre-2024 levels, or are you just hoping to get back to $10-11 to break even?

Posted
1 hour ago, Wiler77 said:

Are you thinking this goes back to pre-2024 levels, or are you just hoping to get back to $10-11 to break even?

I have no problem selling for a profit in the teens. The company’s half the size it was when Amazon was bidding for them. However, if the turn around guy, the new CEO, is successful the sp could go higher.  I’m definitely looking for more than break even.

Posted
On 2/23/2025 at 6:21 AM, Wally Fairway said:

So, maybe I shouldn't wait for a $2 handle to further average down...is that what you are saying? Because I have an itch to scratch now that I'm sitting on some cash. But I don't want to run a good stink party either.

Sadly, that handle is in sight

Posted
On 2/20/2025 at 12:31 PM, horn4life said:

IBRX @ $3.65 just to see it fall... 😉

 

 

Well down to $3.03... right at a dime decline a day so far.  But not stopped out yet...

Posted
15 hours ago, BearSchlong said:

IBRX or IRBT? Just making sure that wasn’t a typo, and Per the stock price I guess it wasn’t.

IRBT.  

 

12 hours ago, Wally Fairway said:

Sadly, that handle is in sight

The entire market’s been getting slammed.  It’s not stock specific.

Posted
On 2/12/2025 at 7:42 AM, B00M said:

Is it falling because we no longer expect AI hyper scaling to require dedicated nuclear power plants? 

most likely, that trade has absolutely hammered anything power generation infrastructure over the last month.

For example, I have some GE Vernova laying around in my portfolio

End of the year

Ben Stiller Swag GIF

 

today

Sad Will Ferrell GIF by First We Feast

 

 

  • Haha 1
Posted
34 minutes ago, Sam Lin said:

Great buying opportunity on Gern today!

GERN 6000 shrs at 3.19.  Considering another 6000 shares to avg down.  Given their earnings, I don’t understand what the mkt sees that I don’t.  Going to try and find an explanation…which will most likely be a waste of time.  GERN has been the bane of my existence since 2013.  I fucking hate this stock.

RVPH 15,000 shrs at 6.64.  Bought 5000 today at 1.39 to avg down.  

Posted

Screw it.  Bought 6000 shares of GERN at 1.63 to avg down.  Rytelo is selling and trials are enrolling apace. Blood banks are less stressed and patients are living transfusion-free.   BP needs to buy this company soon so I can make a little coin and close this position.  

Posted
On 2/23/2025 at 5:21 AM, Wally Fairway said:

So, maybe I shouldn't wait for a $2 handle to further average down...is that what you are saying? Because I have an itch to scratch now that I'm sitting on some cash. But I don't want to run a good stink party either

Averaged down today, with the $2 handle, buying some extra to swing trade the roller coaster

Posted
57 minutes ago, Wally Fairway said:

Averaged down today, with the $2 handle, buying some extra to swing trade the roller coaster

The sp of both IBRX & GERN is lower than it was before both companies had cancer drugs approved by the FDA.  Madness.

Posted
1 hour ago, Harrison Stafford said:

The sp of both IBRX & GERN is lower than it was before both companies had cancer drugs approved by the FDA.  Madness.

Looks like I can average down again tomorrow, so the questions is how long can I continue action plan?

Posted
3 hours ago, Harrison Stafford said:

The sp of both IBRX & GERN is lower than it was before both companies had cancer drugs approved by the FDA.  Madness.

This smacks of ETF liquidation.  Hoping this isn’t the beginning of a bear mkt...in which case the pain is just getting started. 

Posted
13 minutes ago, Coelenterate Fuccboi said:

I don’t follow GERN, but IBRX has been steadily diluted.

Yeah, IBRX has been losing money by the fucking truckload for years now and diluting the shareholders to stay in business. Back in May, it reached a market cap of $6B when it had fuck-all for sales, but pre-revenue pharma stocks can certainly trade irrationally.  As a comparison, I jumped on another pharma developing cancer drugs (Telix, TLX) a few weeks ago because a neuro doctor I play cards with recommended it. He usually has pretty good info related to pharma stocks, he strongly lobbied to be on one of their damn drugs himself as he fights cancer, and he thinks more approvals are coming this year. It has a market cap of ~$6B currently and check out its revenue ramp. Last week they guided FY 25 revenue at $770-800M. They are profitable, growing like a weed......and at a current valuation that IBRX was sporting earlier this year. This is one data point telling me that an approximate valuation for that type of company is ~$6B. 

image.thumb.png.e30ac8d39a562b733fca55823ec75758.png

Now contrast that with IBRX

image.thumb.png.9fa9245c8f859330b0ccbb9f1bea983c.png

Approvals are obviously important, but IBRX needs to start showing revenue. Anktiva was approved last May, lets see some evidence they can get the product out in the market and make some sales.  I stopped averaging down any further a while ago, because honestly the stock seems pretty overvalued with their seeming aversion to revenue. I have made some recent additions with leaps (1/26 $5C) because if they cant clear $5 by next January, I'm probably years away from getting back to even on my shares (~9.00 cost), and will probably just bail on it altogether. 

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Posted

The FDA statement suggests they want to help IBRX gain approvals as quickly as possible.  Without sounding like too much of a “homer”, I think they believe PSS is on to something.  Of course, chemo and radiation patients would be a huge market.

Posted
9 minutes ago, Harrison Stafford said:

The FDA statement suggests they want to help IBRX gain approvals as quickly as possible.  Without sounding like too much of a “homer”, I think they believe PSS is on to something.  Of course, chemo and radiation patients would be a huge market.

Yep.  Could literally be looking at a $100bn company if things start piling up like this.   I’d be rather happy 

Posted (edited)

Me: buy the dip 

Sane friend: everything is dipping 

Me: right, what an opportunity

SF: dude, sit this one out. trust me on this

 

So my question here is, does everyone have that same friend who can't get behind losing up on stonks right now? maybe ever

Edited by Wally Fairway
  • Like 1
Posted
1 minute ago, Wally Fairway said:

Me: buy the dip 

Sane friend: everything is dipping 

Me: right, what an opportunity

SF: dude, sit this one out. trust me on this

 

So my question here is, dues everyone have that same friend who can't get behind losing up on stonks right now? maybe ever

No. But everyone has that friend who consistently loses. 

Posted (edited)
1 hour ago, Harrison Stafford said:

Considering averaging down on my averaging down.

I bought into a money pit of fire

I'll average down, down, down...til the price goes higher.

And it burns, burns, burns...

Money's on fire

Money's on fire  

Edited by Trey3216
Posted

It's like craps, every time you lose, double down. Works great if you have unlimited money. And don't buy Enron.

7 hours ago, Wally Fairway said:

does everyone have that same friend who can't get behind losing up on stonks right now?

Who's gonna tell him?

  • Haha 1
Posted
14 hours ago, Wally Fairway said:

So  tripling down is okay, I mean doubling down can be stupid, but tripling is righteous. Right?

I would be patient. With the Atlanta Fed now projecting a negative 1st qtr GDP, a serious correction could be in progress. If they start talking 2nd qtr negative as well, that would be a recession and could mean we are at the start of a bear market. 4 year cycle low is due in 2026.

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Posted
1 hour ago, Harrison Stafford said:

I would be patient. With the Atlanta Fed now projecting a negative 1st qtr GDP, a serious correction could be in progress. If they start talking 2nd qtr negative as well, that would be a recession and could mean we are at the start of a bear market. 4 year cycle low is due in 2026.

Except for that time it happened and we were told that wasn't a recession.  

  • Haha 1
Posted

Dude, it hasn’t done shit some I bought it.  Other uranium stocks shot up a bit but UUUU has been in the 4-6 range since I’ve been in it.  I still have 4-5 grand in it but it hasn’t done anything 

Posted
On 3/4/2025 at 9:41 AM, Trey3216 said:

Except for that time it happened and we were told that wasn't a recession.  

The question here is whether the Atlanta Fed is making an educated guess about tariffs and government firings that is overestimating the effect on GDP. Until we see something that confirms or refutes that, the market is starting to act like we are heading for recession. Personally, I don’t think we’re recession-bound.  Going into 2025, I thought we might have a correction and, now, I think that a 10+% correction in the 1H off the year is in the cards.  So,, I’m sitting on 70k in cash waiting for the S&P to fall to the 5300 range and add to some my positions.  

 

8 hours ago, BurgleBro said:

Anyone still in UUUU?   

Bought few years back with some small adds.  Taken a beating. 

With all the tariff talk thought it would do better. 

Anyone adding here?

This stock moves with the price of uranium.  At the end of January 2024, uranium was $100/lb and UUUU was $8.  Today, uranium is $65 and UUUU is $4.16.  Have 20,000 shrs of UUUU at 6.19 and this stock has been one massive disappointment.  However, uranium’s time is nearing and UUUU’s uranium is domestically sourced, so no tariffs.  The daily chart has reached an oversold level and volume is increasing.  Almost bought another 5,000 shares today around 4.10, but I believe the market’s headed lower and am looking for a 3 handle before adding and >averaging down<.  If I’m wrong and UUUU takes off without dipping sub 4, I still have 20,000 shrs, so it’s not like I won’t be participating in the move up.  

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