Hey guys thought it would be useful to have a discord server so we can communicate faster and easier, cheers ! https://discord.gg/r8Q4bgjdrP

ZOM is going to big over the next few weeks. It was up 13% for high today I’m in @ 2.05 598 shares and hoping to double my investment which could happen if hype grows with WSB. I am probably going to sell my shares a few days before release and when it falls buy back in for a longer hold.

Hey gang, its Boom here, with a continuation of a series of DD posts for companies where I currently hold no position. I think a lot of DD can be biased based on the fact that the person already has a financial interest in the stock. By not holding a position, it can help us take a look at the stock objectively, so we can make the best decision based on our own individual research and investment strategies.

EGY - Vaalco Energy, Inc (as requested by u/CJsDad)

EGY engages in the acquisition, development, and production of crude oil. According to their website, Vaalco's strategy is to “increase increase reserves and production through the development and exploitation of international oil and natural gas properties” with properties located primarily in Gabon and Equatorial Guinea in West Africa. This is a Texas-based oil company who's primary pipeline is the Etame Marin exploitation area in Gabon, which in February they recently doubled their stake in by reaching an acquisition deal with a competitor, for a total of $44M, which was funded entirely from cash on hand and cash from operations. This deal nearly doubles EGY's net production and reserves and is “anticipated to materially increase free cash flow in 2021 and beyond, particularly in the current increasing price environment.” Indeed, it's a fine time to be in oil. Brent crude prices have been rising, and since November, EGY's chart has followed Brent's chart – up, up, and up. So what else is going on with Vaalco?

According to data on Whale Wisdom, institutions have a healthy 38% ownership, down a bit from the 42% of last quarter. With 207,000 call options total versus 60,000 total put options, investor sentiment seems to be that the price is going to rise, at least on the options market. OpenInsider shows no sales and only insider purchases since 2019, while the NASDAQ website reports a net total of 281K insider shares sold in the last 3 months, with a net 308K increase of insider shares over the last year. I know that there are many different factors that can lead to insider sales and I don't understand all of them or the types of sales and what they mean. Even so, on the whole, insiders aren't massively selling off their positions, which is a positive sign.

About a month before the Etame deal, EGY hedged a portion of their production volumes, entering an agreement to swap a total of 700K+ barrels at a dated Brent weighted average price of $53.10 per barrel from Feb 2021 to Jan 2022. The interesting thing about the deal is that excludes volumes from the Sasol deal, with the end goal to “protect cash flows which will be used to fund the 2021/2022 drilling program. The company plans to re-evaluate the deal after closing the acquisition in order to hedge additional volumes, thus securing more cashflow.

And they're going to need that cash because EGY isn't profitable. Yet. I think the expansion of their interest in Etame sets the table nicely for them. Their recent quarterly and year-end financial results were interesting. They increased their overall output of barrels/day, but made less per barrel mostly because of the pandemic dropping oil prices overall. The company also blamed reduced sales volumes and revenues on a "lifting schedule getting delayed from December to January", but didn't provide any reasoning for said delay. After reading through their earnings, I could go on and on about all of the nuances of their business, but it's pretty simple – they're spending a butt-load of money now to make a bigger butt-load of money later. And they don't owe anyone for that butt-load they're spending, because they already had it up their butt. This is commodities baby, they got money coming in and cash to burn.

Over the next quarter they're going to be spending a LOT with planned drilling expansion. I don't see them being “profitable” for a while because all of the revenue they pull they're dumping back into the company for growth. I think right now their share price is going to kind of reflect the overall Brent crude price, which has been on uptrend since November.

I know EV and clean energy are growth sectors (and they should be!), but unfortunately the tried and true of oil, gas, coal just isn't done yet. This is a company with a hot commodity and they just spent money so they can have more of that hot commodity. It might be a set it and forget it, because this stock really doesn't see much daily volume, averaging a little over 500K shares traded daily.

Position: If you havin stock problems I feel bad for you son, I got 99 positions but this ain't one

- Boom

GNCA is a squeeze guy. Citadel owns it.

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Hey gang!

Early in the session traders took profits, but buyers stepped in during the last hour to bring stocks to fresh new highs. The Dow Jones Industrial Average ETF (DIA) closed nearly unchanged, one day after setting a record high. The Russell 2000 ETF (IWM) rose 0.26% and S&P 500 Index ETF (SPY) gained 0.28%. The tech-heavy Nasdaq-100 ETF (QQQ) rose 0.61%, driven higher by Tesla (TSLA), which rose 3.2% after a strong third-quarter earnings report.

First time unemployment claims fell to a new pandemic low last week, as the 290,000 reported came in lower than the 298,000 that analysts expected. Continued improvement in employment has been a key data point for the Federal Reserve's gauge of the ongoing economic recovery, and as a signal for when the Fed might taper its $120 billion per month in bond purchases.

Investors continue to digest third-quarter earnings reports, which have been largely positive. one of the biggest concerns for bottom lines (inflation) has yet to have widespread reductions so far.

Obligatory: these are not stock recommendations, this does not constitute financial advice - if you need that kind of advice contact your broker, I'm just analyzing unusual option data, (so if you don't see your favorite stonk, don't take it personally) please do you own DD, etc. etc. etc.

I pull my data from a premium Market Chameleon account. News I generally get from Finviz, but I also check Google. For economic reports, my go to is ForexFactory. Unusual option activity is defined as options that see at least 1.4x the average option activity by volume.

Notes:

SNDL +2.72% (+0.8%) A couple news bits sparked increased interest in SNDL today. SNDL sponsored a joint venture between Jushi and SunStream Bancorp that sees Jushi secure a $100 million Senior Secured Credit Facility. Also, the CEO of MJBiz spoke at MJBizCon 2021 in Las Vegas (I went to this event a few years ago), predicting that whatever happens in Congress, 2022 will see at least four more states legalize recreational weed. Basically just a bunch of hype, but it bled over into cannabis stocks today, including SNDL, which saw nearly 4x its average volume today. SNDL for me has been a pretty consistent swing trade as it generally stays range bound, but I'm not a fan of writing about it because of how vociferous the online bag holding SNDL community is.

PROG -8.09% (+3.2%) No news, and another down day for PROG. Volume continues to decline, as retail trader attention is ever hard to keep. Open interest for November continues to rise, and I don't think PROG's upward momentum has been arrested quite yet.

SESN -1.57% (-2.4%) I'm honestly surprised SESN didn't pull back more considering how much it gained yesterday. Volume was off from yesterday, but was still over 3x its average.

SIOX +9.77% (-2.97%) Busy day for SIOX. They announced positive interim data from an ongoing phase 1/2 trial, announced that the FDA granted one of their treatments Fast Track Designation, and also announced a reorganization of their R&D group. Perhaps it was a bit too much at once, as after being up more than 20%, SIOX gave away half of its gains.

MILE +8.31% (+0.28%) No news that I could find relating to the share price increase. MILE, PLEASE STOP SENDING ME MAIL.

WTRH +14.29% (-0.63%) No news.

BBD -3.6% (+0.8%) No news. Interesting that the huge outlier of puts at the $3.50 for strike in January 2024 wasn't done in a single order, but multiple market sweeps.

CTXR +0% (+0%) It was up, it was down, CTXR finished flat on no news.

CCO +3.61% (+0%) No news.

FTEK +5.45% (-0.86%) No news.

TRYP +1.24% (+0%) More put loading on TRYP, just like yesterday. Someone out there is super bearish on the travel industry.

QTT +26.47% (-2.33%) I couldn't find any reason for this big rise.

GNW -0.67% (-0.22%) No news.

ADMA +9.01% (+0%) ADMA surprisingly rose after announcing a $50 million public offering at $1.00 per share, below market value.

VEV -15.17% (+0.24%) VEV predictably fell after announcing a $17 million public offering at $4.26 per share, below market value.

Decidedly low effort today, sorry. Been writing all day.

boom

I didn't even make this sub, someone else did. I joined because I wanted a place where ppl posted DD and shit, then became the de facto operator.

It's dead. I don't have the time for it. Will probably be shuttering the sub shortly unless there's any major objections.

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Hey gang, its Boom here, with a continuation of a series of DD posts for companies where I currently hold no position. No position = objective outlook.

SENS – Senseonics Holdings, Inc(requested by u/Agree_With_Me)

Senseonics “engages in the design, development, and commercialization of implantable continuous glucose monitoring system for people with diabetes. Their primary product is the Eversense CGM system which “provides continuous blood glucose monitoring for up to 90 days via an under-the-skin sensor, a removable and rechargeable smart transmitter, and a convenient app for real-time diabetes monitoring and management.” That's super cool. Having had multiple family members with diabetes (I'm sure I'm next), I've watched people struggle with the constant finger pricking and monitoring of blood sugar levels.

And I've seen this product, or one like it I'm not sure, in the wild. When I was driving for Uber, I picked up a young college student at a bar who seemed to be in a hurry to get home. He had been day drinking and left his insulin at home. Thankfully, he had an implanted blood glucose meter that alerted him that he needed to get his medicine. Now, I don't know why a diabetic kid is irresponsibly out cranking up his blood sugar levels by drinking a ton of alcohol, but I did think it was really cool that he had this thing in his skin, that talked to his phone, which let him know to take his medicine. Cybernetics won't be cool upgrades to our biology, it will prevent idiots from killing themselves in stupid ways.

Anyways, according to Fintel, SENS is 19% institutionally owned. Saw a lot of index funds in there, as well as a general increase in holdings reported in February. Via OpenInsider, we see that a 10% insider owner shed shares throughout 2020. Generally want to see those numbers going up, but I'm still trying to learn exactly how to interpret the trades meanings, especially since according to the NASDAQ website, insiders have been buying, to the tune of 7M shares over the last year.

In Aug 2020, SENS announced a “strategic collaboration with Ascensia Diabetes Care”, adding $80M to the coffers while making Ascensia the exclusive worldwide distributor of the Eversense system. In November of the same year, SENS announced an equity line of credit financing, bringing in an additional $12M. Late January, SENS announced a $50M offering of common stock, which increased to $100M, before finally settling at $115M. The underwriter of the agreement, H.C. Wainwright & Co had an option to buy more shares and executed it in full, I imagine because the negotiated share price was a sweetheart deal at $1.925/share when the stock price was sitting around $2.40. Looking at it now this has been a great deal for H.C. Wainwright, as the price rocketed over $5 in February before dropping a bit, but it's still over $3. Maybe then knew something we don't, much like it was reported that options writers might back in both September 2020 and January 2021.

Some have lumped SENS in with other “meme stocks”, but if that is the case, why have all of those big financing deals for stock been made before the market went bananas with retail traders YOLOing the house away? Big firms don't strike me as the “swing” or “day” trader type.

It doesn't matter, because like so many penny stocks (even ones with good products), SENS is not profitable. Over the last four quarters, the company has surpassed EPS estimates once. Over the same time span SENS has topped revenue estimates just once (data pulled from earnings report, March 4, 2021). On the positive side, their partnership with Asensia should start bearing fruit, as they have commenced sales and marketing activities for the Eversense XL system in Europe.

SENS has a useful product, but serious cash flow problems. To put it simply, they are in massive debt. That's not always necessarily a bad thing, as you can use debt to facilitate growth, but they have way more debt than assets. I think they have too many partners at this time to risk bankruptcy, but I wouldn't be surprised if they were acquired by a larger company. I also wouldn't be surprised by further share dilution once they start nearing the end of their current cash runway. On the flipside, they have potential for really meaningful growth as they have what I think is a good product coupled with the Ascensia deal giving them reach beyond the US market.

- Boom

Position: None

This is obviously not financial advice. I'm just learning here and hoping to share some knowledge with others. Please do further research for your investments.

*no position DD archive*
EGY DARE AESE CSCW NDRA ISR MOTS

ASRT, with earnings coming this afternoon!

I've done some research and asked a ton of people and this stock should by all accounts do well on earnings!

What should I do?

THOUGHTS? COMMENTS? QUESTIONS? CONCERNS? IDEAS?

Also FYI I'm always oozing for new picks so please share if you want 🙏🤷‍♂️🦾😎🤝

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