To The Moon

Two weeks ago I wrote about the growing number of private zombies. A common question I got after that post was “what should I do if I’m in that position?” A couple thoughts below. Most importantly - don’t wait. Don’t hope for things to improve. Hope is not a strategy. It’s a lottery ticket. I think there are 3 concrete things to do:Figure out if you’re a short / long term zombie: Turnarounds are hard, but they do happen. There may be some idiosyncratic reasons your market turned on you, but you expect it to turn back. There’s no need to panic at the “bottom,” but it’s also very important to be realistic about your chances of revivalGet closer with your existing investors. At some point you will want to raise more money. It may be a down round. Or you’re hoping to raise a flat round to “val

Gelsinger paid $252,000 on Aug. 5 for 12,500 $Intel(INTC)$ shares, an average price of $20.16. You may think that $25k is no big money.But his persistence can't be ignored. Intel CEO continues to buy the stock in the past 4 years.Some investors view this a bullish signal. One WSB user said that,There are two reasons to explain people's buying and selling.Reasons to sell: 1) they want to not lose money 2) they want to shift resources elsewhereReasons to buy: 1) they want to make moneyAnother US investor said that,Intel's potential failure poses a national security risk due to reliance on foreign fabs, making it a long-term buy.However, others believe Intel CEO's stock purchase is just like we buy peanuts in the store.Intel's CEO buying minimal sha

I opened $Newmont Mining(NEM)$ ,NEM: bought in some Newmont Mining shares in the pre market as gold is in play and above $2500 an oz. The mining company breakeven for gold is much lower and its mines are efficient and in less conflict countries. Will DCA into this as proxy for gold.

I opened $Daqo New(DQ)$ ,Short sold 300 shares expecting a bigger plunge when markets open later. Very poor results and low expectations for the rest of this year. Will look to closing out the position probably by today as well

$Eli Lilly(LLY)$ has surged more than 50% in 2024, but some Wall Street analysts believe there's more room for growth.Bank of America analyst Geoff Meacham is particularly excited about the company's recent progress in obesity, diabetes, and Alzheimer’s disease. He saw the stock potentially climbing to $1,150 per share, a 25% increase from its closing price on August 19.Why is Wall Street bullish on Eli Lilly?Eli Lilly markets several top-selling drugs, but all eyes are on their new blockbuster, tirzepatide. This drug is known under the brand names Mounjaro for diabetes and Zepbound for weight management.The main competitor is semaglutide, sold by $Novo-Nordisk A/S(NVO)$ under the names Ozempic and Rybelsus

On August 23, $Alibaba(BABA)$ $Alibaba(09988)$ announced that it will voluntarily change its secondary listing on the Hong Kong Stock Exchange (HKEX) to a primary listing on August 28, 2024. Then, Alibaba will be dual-listed as a primary company on both HKEX and NYSE. The stock marker "S" will be removed from its stock short names for both HKD and RMB counters on the Hong Kong Stock Exchange on the Effective Date.This voluntary switch to dual primary listing does not involve issuing new shares or raising new capital.On August 22, Alibaba’s shareholders approved the proposal for the primary listing in Hong Kong. Once Alibaba completes this transition and is included in the Stock Connect program, mainland