All things STOCKS

#3,251
#3,251
Orange_Vol1321 said:
I sold yesterday at 2.34. Plan to buy back in tomorrow if I can catch a drop. They're compliant Monday, should give them a considerable bump. They're releasing PR daily on Twitter.

IDEX will be a beast, sooner than later. One order of Teslas in the news and it will go nuts.
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Tesla China-Made Model 3 Selected By MEG To Fulfill Its Sales Orders For EV Taxis In China

This was in the news June 10 that they tapped Tesla to fill an order. Under the radar then but when they tweet out those were delivered I think it will go nuts.
 
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#3,256
#3,256
Regarding Quest Diagnostics (IMO)

Short Term - Probably not a stock to trade

Intermediate Term - Seems to be priced somewhat appropriately. Might be a little underpriced but there are probably better values out there. If it dips back into 90s, would be a fairly low risk stock worth considering.

Long Term - Should be OK. I'm a little intrigued especially with the consolidation in this industry, the stock price should do decent over 10 year horizon.
 
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#3,257
#3,257
Orange_Vol1321 said:
Anybody in on Quest Diagnostics? To rich for my blood but looks like Delta Airlines just announced they're using them to constantly test their employees. Not sure if it will do anything for the stock considering they're already a pretty big company with locations everywhere.

Delta to Test All Employees for Covid-19 Virus, Antibodies: Business Travel News


View attachment 287978
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They don't just test for COVID-19. They have a lot of that business, but their other testing business has fallen off. Just a small sample, but I used to see their cars out and about much more frequently before the pandemic hit.

Thermo Fisher (TMO), Laboratory Corp (LH), and Abbot (ABT) are also involved in C19 testing. Many others no doubt. JNJ is likely selling all sorts of ancillary supplies.

A Lab Corp (LH) division has a horrendous history of torturing animals:
Covance – Cruelty Free Investing
 
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#3,261
#3,261
Thunder Good-Oil said:
They don't just test for COVID-19. They have a lot of that business, but their other testing business has fallen off. Just a small sample, but I used to see their cars out and about much more frequently before the pandemic hit.

Thermo Fisher (TMO), Laboratory Corp (LH), and Abbot (ABT) are also involved in C19 testing. Many others no doubt. JNJ is likely selling all sorts of ancillary supplies.

A Lab Corp (LH) division has a horrendous history of torturing animals:
Covance – Cruelty Free Investing
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Yeah, whatever uptick Quest has seen in COVID has more than been offset by fewer non-COVID medical tests since March. If the stock was a little lower priced, it might be interesting to see if they could thread the needle in the post COVID world (test for COVID/viruses plus have normal testing stats).
 
#3,265
#3,265
mr.checkerboards said:
So expect their stock to tank?
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Probably not because of this news per se. But stock dilution plus an 11% junk bond is just validation for what I've been saying for months, American is in deep trouble and likely wont survive without either another bailout or a vaccine that is widely available in the next few months.

The low cost carriers or those that are primarily domestic (Spirit, Southwest) will be much more likely to survive than a heavily levered airline built on business and international travel such as American
 
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#3,266
#3,266
BigOrangeMojo said:
Probably not because of this news per se. But stock dilution plus an 11% junk bond is just validation for what I've been saying for months, American is in deep trouble and likely wont survive without either another bailout or a vaccine that is widely available in the next few months.

The low cost carriers or those that are primarily domestic (Spirit, Southwest) will be much more likely to survive than a heavily levered airline built on business and international travel such as American
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Intresting United was the one that I thought wouldn't survive which it still may not. I do agree the big 3 are in huge trouble. I agree airlines like spirit and allegiant who fly shorter non stop domestic routes will be more likely to make it.
 
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#3,268
#3,268
BigOrangeMojo said:
Probably not because of this news per se. But stock dilution plus an 11% junk bond is just validation for what I've been saying for months, American is in deep trouble and likely wont survive without either another bailout or a vaccine that is widely available in the next few months.

The low cost carriers or those that are primarily domestic (Spirit, Southwest) will be much more likely to survive than a heavily levered airline built on business and international travel such as American
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And you have to add in Boeing to the equation. 737 max issues definitely aren’t helping American. But good ole Spirit, flying Airbus. 😎
 
#3,270
#3,270
VolAllen said:
And you have to add in Boeing to the equation. 737 max issues definitely aren’t helping American. But good ole Spirit, flying Airbus. 😎
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American's issues arent the planes, it's that they borrowed so much money to buy back stock. American makes almost all of its money from its frequent flier program and it's hard to monetize that without business or international flights.

The only difference between American and Hertz is that American got a government bailout and Hertz didnt...
 
#3,271
#3,271
I saw where GNUS is up 15% in the German Market as of this writing.

For more experienced traders, what sort of correlation does the German market have with American markets.
 
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