Daily Archives: April 4, 2024
Showing articles 1 - 2 (2 total)
22Sep3:14 pmEST
A Bigger Event Than Normal
Insmed, a small/mid-cap biotech focusing on rare diseases, is hosting an R&D day event on September 30th. After absorbing a common stock offering last May remarkably well, shares of the niche biotech firm spent all of this summer basing tightly sideways. Recently, INSM shot up on heavy buy volume (right-hand bottom pane of the daily chart,...
22Sep10:32 amEST
Batteries or Bollingers? Observing Tesla from a Distance
Shares of Tesla are trading 4-5% lower this morning which, frankly, is the equivalent of throwing a deck chair off the Titanic with respect to the prior appreciation the share price has enjoyed the last several quarters, including the horrifying but ultimately ephemeral March bloodbath. As prominent and legendary Wall Street short-sellers like...