AdamDavis
AdamDavis
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The stock I’ve been holding, $PainReform(PRFX)$ , has surged quite a bit lately. The company focuses on the reformulation of established therapeutics and is in the clinical stage, with a lot of potential. While I’ve already made some profit, I’ve decided to hold on and keep an eye on its progress.Feels great to see my investment paying off. Let's celebrate small victories!
avatarAdamDavis
2023-05-17
$Palantir Technologies Inc.(PLTR)$ Shorts STILL lose a lot of money.Cover Time Babies!AI, check and that's the beginning!S&P 500, is coming soon. $SPDR S&P 500 ETF Trust(SPY)$
avatarAdamDavis
2023-04-14
$Meta Platforms, Inc.(META)$ missed earnings but exceeded revenue last quarter and showed annual Daily Active User growth of 5% yoy on FB at 2 billion. Main headlines of the Oct 22 call that sank the stock 25% was 1. Zuckerberg was going to increase spending on the Metaverse 2. Headcount would remain the same 3. Basically ignoring investor calls to cut costs. 4. Significant reduction in free cash flow. Main headlines of the Jan 23 call that rallied the stock 25% in addition to increased revenue: 1. Massive cost cutting and headcount reduction with 13% staff laid off and likely more to come (another 10k reported later) 2. AI is reversing the damage from Apple privacy rules 3. 40 billion dollar share buyback plan this year which at the time would be
avatarAdamDavis
2023-04-08
$Pinduoduo Inc.(PDD)$ 50% retracement from Jan height. No worries at all! Will reclaim $80 in no time. Perfect setup on daily RSI and MACD! Same holds true for $JD.com(JD)$ 101 "You Can Do It" Memes for Those Times When You Need Inspiration
avatarAdamDavis
2023-04-08
$GlucoTrack, Inc.(GCTK)$ OMG! 1000% obvious beyond a shadow of a doubt massive pump and dump the likes of which lands it immediately on The Pink Sheets over the weekend with zero chance to sell. This is yet another 100% complete scam like $Creative Medical Technology Holdings, Inc.(CELZ)$. No sales. Cash is almost gone. This company has nothing! All fluff language. Their certifying accountant is bailing with their loss of Going Concern. Fools chase. Fools lose.
avatarAdamDavis
2023-04-07
$Virgin Galactic(SPCE)$ To be honest, I'm disappointed with the Virgin Galactic PR team. I sent them some pretty scathing emails this week. They should have come forward with a prepared statement as soon as the $Virgin Orbit Holdings Inc.(VORB)$ news came out, just to reinforce that they are a completely different entity and to reassure the SPCE investor base. I'm now a bag-holder with a $3.91 average. I'm not thrilled about it, but I am still confident that I am going to make some serious bank here before the Summer begins. I have been here for the previous 2 spaceflights. They were both amazing experiences...exhilarating and very profitable for me. The main event is just around the corner. I believe tha
avatarAdamDavis
2023-03-24
$SPDR S&P 500 ETF Trust(SPY)$ Powell just bought me more time to accumulate on some positions for 2024. While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions. Targeting deep value, dividend stocks mostly with some strong tech $Alphabet(GOOG)$ and $Taiwan Semiconductor Manufacturing(TSM)$. Keep an eye on sector rotation over month to month, market will decide bottom. I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks alread
avatarAdamDavis
2023-03-23
$JD.com(JD)$ I've done a very conservative DCF on this company and it's always above $100. Wallstreet must just be very risk-off towards chinese stocks at the moment. Possible insider info on future sanctions? Regardless, I am extremely bullish on them as a company. Just make sure you have risk management in case of geopolitics. Not buying LEAPS because the premiums are insane. Long term hold 🚀🚀🚀
avatarAdamDavis
2023-03-21
$New York Community(NYCB)$ I've been in and out of this stock since 2011 when I purchased my initial lot at 16 and change and it paid a dollar. After a runup to 17 and a failed merger that for some reason wrecked them, they cut the dividend. After a couple of years they started to buy others' castoff junk. This past week was another example. I made good money on NYCB in 2015 and lost money in 2017 and 2022. I bought on the recent dip and sold Friday to make a few shekels. The bank leadership has been perpetually bad, and I doubt that will change. If it dips again I may buy for another potential bump, but based on my experience, the bank is not a good long term investment. People crow about the dividend every time the price drops, without fully app
avatarAdamDavis
2023-03-21

JPM vs. WFC: Which Bank Stock is a Better Dip Buy?

Story HighlightsThe recent sell-off in the banking sector may have some investors pawing through the stock market’s bargain bin in search of shares trading at attractive discounts. It’s virtually impossible to go wrong with financial firms designated as “too big to fail,” but valuation multiples suggest one of these two financial services stocks might offer more upside than the other.JPMorgan stock is down 5.5%for the last five days, while Wells Fargo is down more than 8%. Thus, it makes sense to consider whether these sell-offs are sufficient enough to trigger a buy-the-dip opportunity.JPMorgan Chase shares are down 10% for the last 12 months, so they’ve held up better than Wells Fargo stock, which is off 26% over the same timeframe. Nonetheless, both stocks are good, but a closer lo
JPM vs. WFC: Which Bank Stock is a Better Dip Buy?
avatarAdamDavis
2023-03-09
$Payoneer Global Inc.(PAYO)$ do yourself a huge favor and don’t look at this stock as a trade (ok some will as that’s what they do). It needs another couple of years to get valued appropriately, from good execution, margin improvement, less fear of the macro, getting well known among serious investors. You have two years of very solid growth ahead so returns will be fine from that alone. And they will add revenues from M&A and they will lock in much of the rate benefits they are getting by adjusting their investments into 3-5 year duration bonds is my read of what they said on the call. That’s going to be good for sentiment near term when announced, but over time the real juice will be them showing margins and getting the stock to even 
avatarAdamDavis
2023-03-08

UPST Updates and Thinking

$Upstart Holdings, Inc.(UPST)$ CFO Sanjay Datta fireside chat at JMP Securities Technology Conference today1. AUTO opportunity is huge and market fit found15,000 dealers of reasonable scale in the US, 800 of those are using Upstart software to sell cars, 30 of them enabled loan product$UPST is getting very good share of wallet (42%) from those.Is that share of wallet representative?"directionally yes"Upstart can turn that 30 dealers with loan product to 800 "pretty much overnight". They have not done so for 2 reasons:1) They "'are still calibrating the models". Sanjay believe "our models in auto are now as calibrated as they are in personal loans maybe as of the last month or so"so, this is done. All they need is the 2) reason: capital."as that ha
UPST Updates and Thinking
avatarAdamDavis
2023-03-06
$Exela Technologies, Inc.(XELA)$ ✅ The company expects savings in the range of $65 to $75M for 2023.🚀🚀🚀 ✅ Additional savings will help restore historically higher margins relative to recent financial reporting periods and plans to right-size the organization in the face of continuing tight job markets and higher employee costs.🚀🚀🚀
avatarAdamDavis
2023-03-03
$Bloomberg Natural Gas Bull 2X ETF(BOIL)$ Look, I don't care how anyone else draws their own lines... I'm just making my own connections ... using MS Paint lol I'm not judging you, Who are you to judge me? So if you scoff at this, I'd take a real good look in the mirror if I were you. Get over yourself lol 5 min chart 😂 The way I see it, one way or the other. It's a matter of when, not if in my opinion. GLTA
avatarAdamDavis
2023-03-03
$Zscaler Inc.(ZS)$ 184 % EPS Increase Y/Y51% Revenue Growth Y/Y Guidance HigherZscaler sees Q3 2023 revenue of $396-398 million, versus the consensus of $387.3 million.But stock taking beating in AH, but good report for Cyber Security Sector
avatarAdamDavis
2023-03-03
$Baidu(BIDU)$ is trading $20 below its average price of $150 in the preceding 12 months. Which means it averaged $150 BEFORE lockdowns were lifted, BEFORE the audit issue was settled, BEFORE it reported a great earnings report with very nice growth numbers, BEFORE it announced the AI chatbot and now BEFORE it announced a big $5 billion buyback. So yes, plenty of upside. We will see $180+ sometime this year.
avatarAdamDavis
2023-03-03
Another big red flag with $C3.ai, Inc.(AI)$ is they don't have many customers. Cracking open the 2022 10K, Baker Hughes accounted most of its revenueAm I incorrect here? ~105M in sales from $Baker Hughes(BKR)$ when they had only had ~253M in total revenue. That's 40% of yearly revenue from one customer
avatarAdamDavis
2023-03-03
$C3.ai, Inc.(AI)$ losses accelerating and SBC is 83% of revenues. But they mentioned something with AI and as we know that is an instant earnings popper. Company can't even get their own website working correctly and people thinking they'll build a good AI.
avatarAdamDavis
2023-03-03
$ChargePoint Holdings Inc.(CHPT)$ ChargePoint Q4 Fiscal 2023 Financial ResultsQ4 revenue was $152.8 million, up 93% YoYNetworked charging systems revenue for Q4 was $122.3 million, up 109% YoYSubscription revenue for Q4 was $25.7 million, up 50% YoY
avatarAdamDavis
2023-03-02
$Bed Bath & Beyond(BBBY)$ Comparison of BBBY FTDs in 2023 versus the last August run up. I don't think there is a definitive indicator but with FTDs this high, CTB increasing, and short interest up 19% from the last period, it does seem like it's time to find my space suit.

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