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Gainers:
• $Antares Pharma (ATRS.US)$ +48.7% (to be acquired by Halozyme (HALO) for $5.60 per share)
• $Sierra Oncology (SRRA.US)$ +37.9% (acquired by GSK for $55 per share)
• $Amryt Pharma (AMYT.US)$ +11.7% (announces positive long-term safety and efficacy data for Mycapssa (oral octreotide) from the 2nd Year of OPTIMAL open label extension study in acromegaly patients)
• $BriaCell Therapeutics (BCTX.US)$ +6% (presents development details of...
• $Antares Pharma (ATRS.US)$ +48.7% (to be acquired by Halozyme (HALO) for $5.60 per share)
• $Sierra Oncology (SRRA.US)$ +37.9% (acquired by GSK for $55 per share)
• $Amryt Pharma (AMYT.US)$ +11.7% (announces positive long-term safety and efficacy data for Mycapssa (oral octreotide) from the 2nd Year of OPTIMAL open label extension study in acromegaly patients)
• $BriaCell Therapeutics (BCTX.US)$ +6% (presents development details of...
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More will come to lose.
this correction was bound to happen with so many situations happening to the economy.
many yet to come and more problems will surface. ride the wave and exit whenever possible.
this correction was bound to happen with so many situations happening to the economy.
many yet to come and more problems will surface. ride the wave and exit whenever possible.
SLLS
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My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Xiaomi is showing resilience today finally after breaking 20 then 19 then 18 HKD before making a small gain today from 18.12 to 18.22 HKD. This is considered a blessing since Hang Seng Tech tanked close to 2.5%. Companies like Kuaishou Tech, Alibaba, Bilibili, Netease, Meituan, etc all came down by close to 3%... Well is it that Xiaomi has already fallen to the value territory and the point that it doesnt make sense for it to go further?
I cant say that for sure but the chip shortage, poor IR handling skills, handset competition in China and other markets plus the capital worries for the EV unit may weigh on Xiaomi... But so what? There was even the concern that Lei Jun had to step down from key business units may signal some problems.
Then again when Lei Jun emerged as the controlling individual of the Venture Cap or rather PE arm of Xiaomi, such panic over Lei Jun abated which may explain for today's resilience. Of course another part could be Xiaomi own share buyback. Even with the share buyback all the way from 27 HKD down to 18 HKD, such share buyback pales and cant work when the narrative and downside pressure over whatever can be said weigh on Xiaomi..
But VALUE WILL EVENTUALLY EMERGE.. will the IPO Price of 17 HKD provide a strong support? Only time will tell but I am a truly long-term investor of Xiaomi...
See this youtube video by me on Xiaomi if you want to know why I believe in Xiaomi:
https://www.youtube.com/watch?v=glRHKF1fQkU
As always, this should not be construed as any investment or trading advice.
$XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Lenovo (05562.HK)$ $Haier Smart Home (600690.SH)$ $HAIER SMARTHOME (06690.HK)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Xiaomi is showing resilience today finally after breaking 20 then 19 then 18 HKD before making a small gain today from 18.12 to 18.22 HKD. This is considered a blessing since Hang Seng Tech tanked close to 2.5%. Companies like Kuaishou Tech, Alibaba, Bilibili, Netease, Meituan, etc all came down by close to 3%... Well is it that Xiaomi has already fallen to the value territory and the point that it doesnt make sense for it to go further?
I cant say that for sure but the chip shortage, poor IR handling skills, handset competition in China and other markets plus the capital worries for the EV unit may weigh on Xiaomi... But so what? There was even the concern that Lei Jun had to step down from key business units may signal some problems.
Then again when Lei Jun emerged as the controlling individual of the Venture Cap or rather PE arm of Xiaomi, such panic over Lei Jun abated which may explain for today's resilience. Of course another part could be Xiaomi own share buyback. Even with the share buyback all the way from 27 HKD down to 18 HKD, such share buyback pales and cant work when the narrative and downside pressure over whatever can be said weigh on Xiaomi..
But VALUE WILL EVENTUALLY EMERGE.. will the IPO Price of 17 HKD provide a strong support? Only time will tell but I am a truly long-term investor of Xiaomi...
See this youtube video by me on Xiaomi if you want to know why I believe in Xiaomi:
https://www.youtube.com/watch?v=glRHKF1fQkU
As always, this should not be construed as any investment or trading advice.
$XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Lenovo (05562.HK)$ $Haier Smart Home (600690.SH)$ $HAIER SMARTHOME (06690.HK)$
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UPDATED VERSION PART 1 $BLU— STOCK & OPTION PLAY
NEED IT TO BREAK OVER: $7.07
key indicator for MORE uptrend $7.16
confirmation uptrend - $7.23
mini breakout - $7.45
full breakout - $7.58
SEMI PARABOLIC - $7.68
stop loss — $6.62
& support - $6.15. $BELLUS Health (BLU.US)$
NEED IT TO BREAK OVER: $7.07
key indicator for MORE uptrend $7.16
confirmation uptrend - $7.23
mini breakout - $7.45
full breakout - $7.58
SEMI PARABOLIC - $7.68
stop loss — $6.62
& support - $6.15. $BELLUS Health (BLU.US)$
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The new $ROUNDHILL MEME ETF (MEME.US)$ is live and with it comes an opportunity to invest in a wide variety of meme stocks.
According to the Roundhill MEME ETF website, it tracks the “25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest.” It’s also worth pointing out that many of the companies in this ETF are penny stocks. So handle with care.
Roundhill MEME ETF Top 10 Holdings
1. $ContextLogic (WISH.US)$ stock starts us off as the largest holding at 4.39%.
2. $Digital World Acquisition Corp (DWAC.US)$ shares are up next with a 4.36% holding.
3. $Upstart (UPST.US)$ stock joins the list with a 4.34% weight.
4. $DraftKings (DKNG.US)$ shares make the list with a 4.24% holding.
5. $SoFi Technologies (SOFI.US)$ stock hits the halfway point with a 4.21% weight.
6. $Snap Inc (SNAP.US)$ is another meme stock in the ETF with a 4.14% holding.
7. $AMC Entertainment (AMC.US)$ is a major meme stock and the ETF has a 4.11%% holding.
8. $Clover Health (CLOV.US)$ stock secures its spot on the list with a 4.11% weight.
9. $Teladoc Health (TDOC.US)$ shares are next to last with a 4.09% holding.
10. $Tilray Brands (TLRY.US)$ stock finishes off the top 10 Roundhill MEME ETF holdings at 4.06%.
According to the Roundhill MEME ETF website, it tracks the “25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest.” It’s also worth pointing out that many of the companies in this ETF are penny stocks. So handle with care.
Roundhill MEME ETF Top 10 Holdings
1. $ContextLogic (WISH.US)$ stock starts us off as the largest holding at 4.39%.
2. $Digital World Acquisition Corp (DWAC.US)$ shares are up next with a 4.36% holding.
3. $Upstart (UPST.US)$ stock joins the list with a 4.34% weight.
4. $DraftKings (DKNG.US)$ shares make the list with a 4.24% holding.
5. $SoFi Technologies (SOFI.US)$ stock hits the halfway point with a 4.21% weight.
6. $Snap Inc (SNAP.US)$ is another meme stock in the ETF with a 4.14% holding.
7. $AMC Entertainment (AMC.US)$ is a major meme stock and the ETF has a 4.11%% holding.
8. $Clover Health (CLOV.US)$ stock secures its spot on the list with a 4.11% weight.
9. $Teladoc Health (TDOC.US)$ shares are next to last with a 4.09% holding.
10. $Tilray Brands (TLRY.US)$ stock finishes off the top 10 Roundhill MEME ETF holdings at 4.06%.
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SLLS : Nice