wallstreetbets

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The original was posted on /r/wallstreetbets by /u/wsbapp on 2024-08-18 19:57:11+00:00.

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The original was posted on /r/wallstreetbets by /u/AlarmingAd2445 on 2024-08-18 16:57:29+00:00.

Stock jumped over 20% Friday with very bullish afterhours. Feel like it’s been so beaten down, with this news and recent decent earnings reports it has room to run, possibly to the $4-5 range quickly. To add to that, it has 15% SI w/ 3 days to cover which might make things interesting. Jumping on some calls Monday morning.

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The original was posted on /r/wallstreetbets by /u/Markets_Junkie on 2024-08-18 11:41:21+00:00.

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The original was posted on /r/wallstreetbets by /u/drunk_FBI-agent on 2024-08-18 05:59:40+00:00.

Introduction:

Bicycle Therapeutics is a UK-based pharma company working on precision-guided therapeutics that penetrate deep into tissues and target cancer cells. The company is currently valued at $1.55 billion and has a few drugs in the pipeline, that said we will only focus on "BT8009" also known as "Zelenectide pevedotin" because this is the crucial one.

Pipeline:

The company has a strong balance sheet with $918m net cash if we subtract the debt.

Zelenectide Pevedotin formerly known as BT8009:

The drug is an antibody-drug conjugate (ADC) currently in phase 2/3. It targets the nektin-4 molecule that is overexpressed in cancer cells. The drug enters the cancer cell, binds to nektin-4 and releases the toxin that then kills the cell.

The company Seagen (now owned by Pfizer) developed the first ADC that made it to market called "Padcev". Padcev made them almost $400m last quarter, this means this one drug will make them about $1.2 billion a year, which translates to $900m in net profits assuming a 75% profit margin.

In a press release posted in May 2024 ( ) Bicycle Therapeutics releases some study results that show that BT8009 is better than Padcev in many ways. This means that if this drug gets to market it will be able to directly compete with Padcev and any other cancer drug of this type.

The risk/reward:

The obvious risk is that there are some unknown sideeffects that come to light and the drug does not get approved and the stock tanks -60% in one day. The current failure rate of phase 3 cancer drugs is around 50%.

If the drug gets approved the company is probably worth $15 billion or more, that translates to a $200+ share price.

Conclusion:

Essentially its a coinflip: 50% chance i lose 60% of my investment or 50% chance i make 10 times my money. Thats a bet I take all day.

Disclosure: I am personally long the stock, my cost basis is around $22 per share.

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The original was posted on /r/wallstreetbets by /u/noideawsb on 2024-08-18 02:22:31+00:00.

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The original was posted on /r/wallstreetbets by /u/NumberOneClark on 2024-08-18 05:25:27+00:00.

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The original was posted on /r/wallstreetbets by /u/kujiranoai2 on 2024-08-18 05:05:24+00:00.

A few years ago I came up with the investment thesis that the world was not a happy place and evil people seemed to be doing quite well, so I decided to go long evil with my investments. I thought Facebook, Palantir, Raytheon and Philip Morris would be a good place to start.

Since then my evil portfolio has done extremely well in with Facebook (up more than 400%) and Palantir (up more than 250%) and reasonably well in the case of Raytheon and Philip Morris - albeit nothing spectacular like the other two.

I'm interested in investing in more evil companies - I had in mind Correction Corporation of America and Nestle (after a friend told me their CEO thinks all drinking water should be privatized) plus I've already invested in a couple of drone manufacturers as well It looks like evil companies with a tech aspect seem to be doing well, but overall evil seems on the up.

Would anyone have some suggestion on truly evil companies I could invest in, perhaps some non-US shares as well?

PS I'm interested in investment opportunities in really appallingly evil companies rather than just your average corporate wrong doing - accounting fraud, price gouging and routine worker exploitation probably wouldn't make the grade - although I do have a soft spot for exploitative monopolies.

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The original was posted on /r/wallstreetbets by /u/Possible-Focus6103 on 2024-08-18 04:12:10+00:00.

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The original was posted on /r/wallstreetbets by /u/p450cyp on 2024-08-18 03:59:49+00:00.

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The original was posted on /r/wallstreetbets by /u/longshortstorey on 2024-08-18 03:11:56+00:00.

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The original was posted on /r/wallstreetbets by /u/EquivalentView1518 on 2024-08-18 01:55:48+00:00.

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The original was posted on /r/wallstreetbets by /u/TimeDamage5446 on 2024-08-18 01:34:16+00:00.

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The original was posted on /r/wallstreetbets by /u/Equivalent_Might_601 on 2024-08-18 00:51:28+00:00.

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The original was posted on /r/wallstreetbets by /u/JonnyWackArnoldz on 2024-08-17 22:31:43+00:00.

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The original was posted on /r/wallstreetbets by /u/zeusthunder on 2024-08-17 17:54:53+00:00.

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The original was posted on /r/wallstreetbets by /u/MixAdministrative565 on 2024-08-17 21:12:23+00:00.

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The original was posted on /r/wallstreetbets by /u/Nuts4Puts on 2024-08-17 20:38:13+00:00.

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The original was posted on /r/wallstreetbets by /u/Shade-74 on 2024-08-17 15:55:07+00:00.

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The original was posted on /r/wallstreetbets by /u/NaNaNaNaNaNaNaNaNa65 on 2024-08-17 14:56:57+00:00.

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The original was posted on /r/wallstreetbets by /u/1Loveshack on 2024-08-17 14:06:31+00:00.

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The original was posted on /r/wallstreetbets by /u/Nadsaq100 on 2024-08-17 13:22:13+00:00.

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The original was posted on /r/wallstreetbets by /u/asdfhjjjkhebejc on 2024-08-17 13:14:17+00:00.

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The original was posted on /r/wallstreetbets by /u/blubiu123 on 2024-08-17 13:03:33+00:00.

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The original was posted on /r/wallstreetbets by /u/kingjack03 on 2024-08-17 12:45:34+00:00.

It is exactly 4:54 am as I start typing this shit. I’ve been looking at the charts and economic data all night as well as different funds recent trades. My oh fucking my. What the fuck is going on here. The market is currently ripping off of the consensus we have officially bottomed and there is no threat of an imminent recession. CPI comes out under 3% and the market rips the next day. We all think this is the holy grail bull run coming that has drowned our underwear in substances during our wet dreams of this time. But realistically, CPI going under 3%, which it hasn’t done in three years, just means that the economy is slowing down to rates we haven’t seen in 3 years. Doesn’t that just mean we are more likely heading to a recession. All of the data is pointing to the economy “cooling down”. Economic indicators globally in other nations are pointing towards the same “cooling down” phase. Just a little fucking curious as to why anyone is even ripping the market long term right now. Citadel doesn’t even know what the fuck to do as most of their positions are straddled with heavier percentages of assets allocated in puts. Just curious as to what anyone thinks of this. Am I slow (as in slow I mean a word that is banned by Reddit)? Am I going crazy? At this fucking point it could be both. But I think that everyone entering the market right now in long term securities could be entering a death sentence. Please let me know what you guys think. Currently working on a MCMC quant strategy relating certain market corrections to the drawdown that just happened. Highly suggest looking into MCMC. Will post more about what I find from this strategy soon. Please let me know if I should just shut the fuck up and throw some Gs on the TQQQ.

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The original was posted on /r/wallstreetbets by /u/notme1234510 on 2024-08-17 13:03:57+00:00.